First Foundation Inc (NYSE: FFWM) is -19.81% 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 gains setting it 0.13%.
Currently trading at $4.98, the stock is 1.78% and 0.14% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 2.68% at the moment leaves the stock -20.32% off its SMA200. FFWM registered -22.43% loss for a year compared to 6-month loss of -32.43%. The firm has a 50-day simple moving average (SMA 50) of $4.9732 and a 200-day simple moving average (SMA200) of $6.2499.
The stock witnessed a 1.63% gain in the last 1 month and extending the period to 3 months gives it a -18.09%, and is 8.03% 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 4.56% over the week and 6.03% over the month.
First Foundation Inc (FFWM) has around 551 employees, a market worth around $410.18M and $665.10M in sales. Fwd P/E is 11.86. Profit margin for the company is -13.89%. Distance from 52-week low is 12.80% and -41.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.11%).
with sales reaching $64.19M over the same period.The EPS is expected to grow by 288.32% this year, but quarterly earnings will post 18.87% year-over-year. Quarterly sales are estimated to grow 25.68% in year-over-year returns.
First Foundation Inc (FFWM) Top Institutional Holders
206.0 institutions hold shares in First Foundation Inc (FFWM), with institutional investors hold 89.47% 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 84.27% 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.
First Foundation Inc (FFWM) Insider Activity
#####
