Recent exceptional positive changes in fundamentals have benefitted First Financial Bancorp. (NASDAQ: FFBC): the consensus estimate for December, 2024 increased significantly, the stock’s power rating rose above 70, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, FFBC is expected to continue to be a Value Builder.
First Financial Bancorp has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. First Financial Bancorp has a good Power Rating of 70 and a good Appreciation Score of 81, resulting in the Highest Value Trend Rating.
Recent Price Action
First Financial Bancorp. (NASDAQ: FFBC) stock rose modestly by 0.9% on 5/3/24. The stock closed at $23.29. However, trading volume in this advance was below average at 80% of normal. The stock has performed in line with the market over the last nine months and has risen 4.2% during the last week.
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