First Financial Corp/IN (NASDAQ: THFF) has reported earnings for its second fiscal quarter (ending June 30) of $0.96 versus $1.33 for the same period a year ago — a decline of -28%. This result fell short of the consensus estimate of $0.97 by $-0.01. For the latest four quarters through June 30, E.P.S. were $4.32 versus $5.53 for the same period a year ago — a decline of -22%.
Recent Price Action
First Financial Corp/IN (NASDAQ: THFF) stock enjoyed a large increase of 3.1% on 7/23/24. The stock closed at $45.61. NORMAL trading volume accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 8.1% during the last week.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, THFF is expected to continue to be a modest Value Builder.
First Financial has a current Value Trend Rating of B (Positive). This rating combines contradictory signals from two proprietary PTR measures of a stock’s attractiveness. First Financial has a good Appreciation Score of 82 but a slightly negative Power Rating of 40, with the Positive Value Trend Rating the result.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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