On 11/6/24, First Financial Bankshares Inc (NASDAQ: FFIN) stock enjoyed a major increase of 14.3%, closing at $41.99. Moreover, exceptionally high trading volume at 348% of normal accompanied the advance. The stock has been strong relative to the market over the last nine months and has risen 15.4% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to exceed the cost of capital, FFIN is expected to continue to be an important Value Builder.
First Financial Bankshares has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. First Financial Bankshares has a slightly negative Appreciation Score of 33 but a good Power Rating of 82, triggering the Neutral Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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