First Foundation Inc (NYSE: FFWM) is -21.90% lower on its value in year-to-date trading and has touched a low of $4.41 and a high of $8.52 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FFWM stock was last observed hovering at around $4.85 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $4.85, the stock is -0.72% and -2.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.12 million and changing 0.00% at the moment leaves the stock -22.49% off its SMA200. FFWM registered -24.81% loss for a year compared to 6-month loss of -33.20%. The firm has a 50-day simple moving average (SMA 50) of $4.981 and a 200-day simple moving average (SMA200) of $6.25735.
The stock witnessed a -0.82% gain in the last 1 month and extending the period to 3 months gives it a -21.90%, and is -3.00% 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 5.45% over the week and 5.98% over the month.
First Foundation Inc (FFWM) has around 551 employees, a market worth around $399.47M and $665.10M in sales. Fwd P/E is 11.55. Profit margin for the company is -13.89%. Distance from 52-week low is 9.85% and -43.08% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.11%).
The EPS is expected to grow by 288.32% this year
206.0 institutions hold shares in First Foundation Inc (FFWM), with institutional investors hold 90.43% of the company’s shares. The shares outstanding are 82.37M, and float is at 71.34M with Short Float at 4.67%. Institutions hold 84.30% of the Float.
The top institutional shareholder in the company is FMR LLC with over 5.08 million shares valued at $33.28 million. The investor’s holdings represent 8.9881 of the FFWM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 3.93 million shares valued at $25.76 million to account for 6.9572 of the shares outstanding. The other top investors are AZORA CAPITAL LP which holds 3.76 million shares representing 6.6486 and valued at over $24.62 million, while VANGUARD GROUP INC holds 5.2702 of the shares totaling 2.98 million with a market value of $19.5 million.
