First Bancorp PR (NYSE: FBP) is 19.39% higher on its value in year-to-date trading and has touched a low of $12.72 and a high of $22.12 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FBP stock was last observed hovering at around $19.59 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $19.64, the stock is -4.90% and 4.04% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.99 million and changing 0.26% at the moment leaves the stock 15.74% off its SMA200. FBP registered 28.11% gain for a year compared to 6-month gain of 19.17%.
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The stock witnessed a 6.74% loss in the last 1 month and extending the period to 3 months gives it a 8.75%, and is -6.52% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 3.10% over the week and 3.02% over the month.
First Bancorp PR (FBP) has around 3168 employees, a market worth around $3.27B and $1.21B in sales. Current P/E ratio is 10.77 and Fwd P/E is 10.30. Profit margin for the company is 25.79%. Distance from 52-week low is 54.46% and -11.21% from its 52-week high. The company has generated returns on investments over the last 12 months (14.43%).
The EPS is expected to grow by 1.08% this year
The shares outstanding are 169.30M, and float is at 162.39M with Short Float at 1.37%.
First Bancorp PR (FBP) Insider Activity
The most recent transaction is an insider sale by ALEMAN AURELIO, the company’s President and CEO. SEC filings show that ALEMAN AURELIO sold 50,000 shares of the company’s common stock on Jul 30 ’24 at a price of $21.52 per share for a total of $1.08 million. Following the sale, the insider now owns 1.1 million shares.
First Bancorp PR disclosed in a document filed with the SEC on Jul 30 ’24 that Power Carlos (EVP) sold a total of 22,896 shares of the company’s common stock. The trade occurred on Jul 30 ’24 and was made at $21.53 per share for $0.49 million. Following the transaction, the insider now directly holds 0.23 million shares of the FBP stock.
Still, SEC filings show that on Jul 29 ’24, ALEMAN AURELIO (Officer) Proposed Sale 100,000 shares at an average price of $21.50 for $2.15 million. The insider now directly holds shares of First Bancorp PR (FBP).
