First Foundation Inc (NYSE: FFWM) is -17.55% 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 $5.02 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $5.12, the stock is 4.85% and 4.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.04 million and changing 1.99% at the moment leaves the stock -17.76% off its SMA200. FFWM registered -14.24% loss for a year compared to 6-month loss of -34.11%. The firm has a 50-day simple moving average (SMA 50) of $4.9142 and a 200-day simple moving average (SMA200) of $6.2258.
The stock witnessed a -1.92% gain in the last 1 month and extending the period to 3 months gives it a -6.23%, and is 0.99% 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 5.46% over the week and 6.24% over the month.
First Foundation Inc (FFWM) has around 551 employees, a market worth around $421.82M and $665.10M in sales. Fwd P/E is 13.65. Profit margin for the company is -13.89%. Distance from 52-week low is 15.97% and -39.91% from its 52-week high. The company has generated returns on investments over the last 12 months (-4.11%).
with sales reaching $66.53M over the same period.The EPS is expected to grow by 235.87% this year, but quarterly earnings will post 16.41% year-over-year. Quarterly sales are estimated to grow 15.73% in year-over-year returns.
207.0 institutions hold shares in First Foundation Inc (FFWM), with institutional investors hold 91.05% of the company’s shares. The shares outstanding are 82.37M, and float is at 71.36M with Short Float at 5.05%. Institutions hold 85.76% 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 5.2665 of the shares totaling 2.98 million with a market value of $19.5 million.
