First Financial Bankshares, Inc. (NASDAQ: FFIN) is 16.60% higher on its value in year-to-date trading and has touched a low of $22.84 and a high of $39.53 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 FFIN stock was last observed hovering at around $34.37 in the last trading session, with the day’s gains setting it 0.96%.
Currently trading at $35.33, the stock is -2.26% and 10.18% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.58 million and changing 2.79% at the moment leaves the stock 16.64% off its SMA200. FFIN registered 18.80% gain for a year compared to 6-month gain of 14.15%.
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The stock witnessed a 1.00% loss in the last 1 month and extending the period to 3 months gives it a 12.27%, and is 0.68% up 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 2.33% over the week and 3.39% over the month.
First Financial Bankshares, Inc. (FFIN) has around 1500 employees, a market worth around $5.05B and $690.48M in sales. Current P/E ratio is 25.09 and Fwd P/E is 21.86. Profit margin for the company is 29.17%. Distance from 52-week low is 54.68% and -10.61% from its 52-week high. The company has generated returns on investments over the last 12 months (13.08%).
The EPS is expected to grow by 7.57% this year
389.0 institutions hold shares in First Financial Bankshares, Inc. (FFIN), with institutional investors hold 79.88% of the company’s shares. The shares outstanding are 141.79M, and float is at 137.02M with Short Float at 6.00%. Institutions hold 76.62% of the Float.
The top institutional shareholder in the company is FIRST FINANCIAL BANKSHARES INC with over 18.33 million shares valued at $$601.46 million. The investor’s holdings represent 12.8441 of the FFIN Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 15.86 million shares valued at $$520.31 million to account for 11.1111 of the shares outstanding. The other top investors are VANGUARD GROUP INC which holds 14.96 million shares representing 10.4791 and valued at over $$490.72 million, while STATE STREET CORP holds 3.9598 of the shares totaling 5.65 million with a market value of $$186.44 million.
First Financial Bankshares, Inc. (FFIN) Insider Activity
First Financial Bankshares, Inc. disclosed in a document filed with the SEC on Jun 14 ’24 that TROTTER JOHNNY (Director) bought a total of 1,000 shares of the company’s common stock. The trade occurred on Jun 14 ’24 and was made at $27.79 per share for $27790.0. Following the transaction, the insider now directly holds 0.94 million shares of the FFIN stock.
Still, SEC filings show that on Jun 06 ’24, Denny Michael B. (Director) acquired 3,500 shares at an average price of $28.89 for $0.1 million. The insider now directly holds 108,085 shares of First Financial Bankshares, Inc. (FFIN).
