The First of Long Island Corp (NASDAQ: FLIC) has recently experienced meaningful negative changes in fundamentals: the stock’s power rating fell below 50, the consensus estimate for December, 2024 decreased significantly, and the consensus estimate for December, 2025 decreased significantly.
Recent meaningful negative changes in investment behavior have impacted The First of Long Island Corp (NASDAQ: FLIC): negative upside/downside volume developed.
In light of these highly negative signals we are reviewing our current Overall Rating of C. We would view the shares with caution pending completion of this review in the next several days.
Current PriceTarget Research Rating
FLIC’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a modest Value Builder.
First of Long Island has a current Value Trend Rating of C (High Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. First of Long Island has a good Appreciation Score of 74 but a neutral Power Rating of 43, and the High Neutral Value Trend Rating results.
Recent Price Action
The First of Long Island Corp (NASDAQ: FLIC) stock closed at $11.07 on 2/27/24 after a slight gain of 0.3%. Trading volume in this advance was normal. The stock has declined -2.7% during the last week and has performed in line with the market over the last nine months.
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