First Financial Bancorp (NASDAQ: FFBC) is -15.74% lower on its value in year-to-date trading and has touched a low of $20.59 and a high of $31.18 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 FFBC stock was last observed hovering at around $22.40 in the last trading session, with the day’s gains setting it 0.25%.
Currently trading at $22.65, the stock is -4.06% and -10.72% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.68 million and changing 1.12% at the moment leaves the stock -13.37% off its SMA200. FFBC registered 8.95% gain for a year compared to 6-month loss of -12.28%. The firm has a 50-day simple moving average (SMA 50) of $25.3688 and a 200-day simple moving average (SMA200) of $26.14605.
The stock witnessed a -9.51% gain in the last 1 month and extending the period to 3 months gives it a -17.79%, and is 2.17% 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 3.66% over the week and 4.15% over the month.
First Financial Bancorp (FFBC) has around 2090 employees, a market worth around $2.16B and $1.23B in sales. Current P/E ratio is 9.44 and Fwd P/E is 8.29. Profit margin for the company is 18.67%. Distance from 52-week low is 10.00% and -27.36% from its 52-week high. The company has generated returns on investments over the last 12 months (8.43%).
The EPS is expected to grow by 9.25% this year.
First Financial Bancorp (FFBC) Top Institutional Holders
355.0 institutions hold shares in First Financial Bancorp (FFBC), with institutional investors hold 83.42% of the company’s shares. The shares outstanding are 95.49M, and float is at 93.33M with Short Float at 1.13%. Institutions hold 82.52% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 13.86 million shares valued at $307.9 million. The investor’s holdings represent 14.6729% of the FFBC Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 10.83 million shares valued at $240.61 million to account for 11.4931 of the shares outstanding. The other top investors are DIMENSIONAL FUND ADVISORS LP which holds 6.73 million shares representing 7.1453% and valued at over $149.59 million, while STATE STREET CORP holds 4.8749 of the shares totaling 4.6 million with a market value of $102.3 million.
First Financial Bancorp (FFBC) Insider Activity
The most recent transaction is an insider sale by Shank James R, the company’s Chief Internal Auditor. SEC filings show that Shank James R sold 7,600 shares of the company’s common stock on Mar 19 ’25 at a price of $24.92 per share for a total of $0.19 million. Following the sale, the insider now owns 11141.0 shares.
Still, SEC filings show that on Nov 26 ’24, Harris Gregory A (President, Wealth Management) disposed off 5,400 shares at an average price of $29.81 for $0.16 million. The insider now directly holds 37,879 shares of First Financial Bancorp (FFBC).
