First Bancorp Stock Buy Hold or Sell Recommendation

FBP Stock  USD 17.54  0.15  0.86%   
Considering the 90-day investment horizon and your above-average risk tolerance, our recommendation regarding First Bancorp is 'Strong Hold'. Macroaxis provides First Bancorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FBP positions. The advice algorithm takes into account all of First Bancorp's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting First Bancorp's buy or sell advice are summarized below:
Real Value
16.99
Target Price
16.2
Hype Value
17.54
Market Value
17.54
Naive Value
17.27
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell First Bancorp given historical horizon and risk tolerance towards First Bancorp. When Macroaxis issues a 'buy' or 'sell' recommendation for First Bancorp, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
Check out First Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.
In addition, we conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on investors' investing horizon and their risk tolerance towards First Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.

Execute First Bancorp Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Bancorp. Macroaxis does not own or have any residual interests in First Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Bancorp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First BancorpBuy First Bancorp
Strong Hold

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

StaleDetails

Current Valuation

Fairly ValuedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

Strong BuyDetails

Reporting Quality (M-Score)

UnavailableDetails
For the selected time horizon First Bancorp has a Risk Adjusted Performance of 0.0453, Jensen Alpha of (0.1), Total Risk Alpha of (0.26), Sortino Ratio of (0.01) and Treynor Ratio of 0.0646
Our trade advice tool can cross-verify current analyst consensus on First Bancorp and to analyze the company potential to grow in the current economic cycle. To make sure First Bancorp is not overpriced, please confirm all First Bancorp fundamentals, including its price to sales, debt to equity, beta, as well as the relationship between the net income and earnings per share . Given that First Bancorp has a price to earning of 20.90 X, we urge you to verify First Bancorp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

First Bancorp Trading Alerts and Improvement Suggestions

Over 96.0% of the company shares are owned by institutional investors
On 8th of March 2024 First Bancorp paid $ 0.16 per share dividend to its current shareholders
Latest headline from news.google.com: First Bancorps Shareholders Will Receive A Bigger Dividend Than Last Year - Yahoo Movies UK

First Bancorp Returns Distribution Density

The distribution of First Bancorp's historical returns is an attempt to chart the uncertainty of First Bancorp's future price movements. The chart of the probability distribution of First Bancorp daily returns describes the distribution of returns around its average expected value. We use First Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Bancorp returns is essential to provide solid investment advice for First Bancorp.
Mean Return
0.11
Value At Risk
-2.62
Potential Upside
3.14
Standard Deviation
1.62
   Return Density   
       Distribution  
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Bancorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

First Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Bancorp backward and forwards among themselves. First Bancorp's institutional investor refers to the entity that pools money to purchase First Bancorp's securities or originates loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Frontier Capital Management Co Inc2023-12-31
3.2 M
Northern Trust Corp2023-12-31
2.8 M
Morgan Stanley - Brokerage Accounts2023-12-31
2.6 M
Charles Schwab Investment Management Inc2023-12-31
M
Norges Bank2023-12-31
M
Lord, Abbett & Co Llc2023-12-31
M
First Trust Advisors L.p.2023-12-31
1.7 M
Schroder Investment Management Group2023-12-31
1.7 M
Arrowstreet Capital Limited Partnership2023-12-31
1.6 M
Blackrock Inc2023-12-31
25.4 M
Vanguard Group Inc2023-12-31
22 M
Note, although First Bancorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Bancorp Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash57.9M849.7M1.0B(2.1B)182.7M191.8M
Free Cash Flow271.8M281.7M386.4M420.0M337.9M197.5M
Depreciation20.7M26.0M36.4M31.1M28.2M21.3M
Other Non Cash Items20.6M161.2M(58.2M)36.3M60.4M63.5M
Dividends Paid33.0M46.1M67.5M87.8M(99.7M)(94.7M)
Capital Expenditures22.5M16.1M13.3M20.5M22.6M19.4M
Net Income167.4M102.3M281.0M305.1M302.9M318.0M
End Period Cash Flow644.1M1.5B2.5B480.5M663.2M661.3M
Change To Netincome84.5M163.8M64.1M95.8M110.2M115.7M
Investments(382.8M)(1.7B)(1.3B)(681.5M)(155.7M)(148.0M)
Net Borrowings(220.1M)69.7M(240M)250.1M287.7M302.0M
Change Receivables6.6M(2.0M)6.4M7.7M8.9M9.3M

First Bancorp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Bancorp or Banks sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Bancorp's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over NYSE Composite
-0.1
β
Beta against NYSE Composite1.59
σ
Overall volatility
1.66
Ir
Information ratio -0.01

First Bancorp Volatility Alert

First Bancorp has relatively low volatility with skewness of -0.03 and kurtosis of 0.3. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Bancorp's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Bancorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.

First Bancorp Fundamentals Vs Peers

Comparing First Bancorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Bancorp's direct or indirect competition across all of the common fundamentals between First Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Bancorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Bancorp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare First Bancorp to competition
FundamentalsFirst BancorpPeer Average
Return On Equity0.21-0.31
Return On Asset0.0161-0.14
Profit Margin0.35 %(1.27) %
Operating Margin0.43 %(5.51) %
Current Valuation2.96 B16.62 B
Shares Outstanding167.32 M571.82 M
Shares Owned By Insiders1.99 %10.09 %
Shares Owned By Institutions96.39 %39.21 %
Number Of Shares Shorted3.62 M4.71 M
Price To Earning20.90 X28.72 X
Price To Book1.94 X9.51 X
Price To Sales3.37 X11.42 X
Revenue1.15 B9.43 B
Gross Profit890.62 M27.38 B
EBITDA28.24 M3.9 B
Net Income302.86 M570.98 M
Cash And Equivalents553.23 M2.7 B
Cash Per Share2.99 X5.01 X
Total Debt733.12 M5.32 B
Debt To Equity6.42 %48.70 %
Book Value Per Share8.89 X1.93 K
Cash Flow From Operations360.54 M971.22 M
Short Ratio3.09 X4.00 X
Earnings Per Share1.71 X3.12 X
Price To Earnings To Growth0.86 X4.89 X
Target Price18.9
Number Of Employees3.17 K18.84 K
Beta1.16-0.15
Market Capitalization2.91 B19.03 B
Total Asset19.06 B29.47 B
Retained Earnings1.85 B9.33 B
Z Score2.588.72
Annual Yield0.04 %
Note: Disposition of 11197 shares by Aleman Aurelio of First Bancorp at 16.86 subject to Rule 16b-3 [view details]

First Bancorp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.

About First Bancorp Buy or Sell Advice

When is the right time to buy or sell First Bancorp? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total383.8M858.8M733.1M722.0M
Total Assets20.8B18.6B19.1B12.3B

Use Investing Ideas to Build Portfolios

In addition to having First Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Utilities Thematic Idea Now

Utilities
Utilities Theme
Highly leveraged corporations that deliver utilities such as power, water or gas to public or business. The Utilities theme has 30 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Utilities Theme or any other thematic opportunities.
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When determining whether First Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Bancorp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of First Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Bancorp Stock:
Check out First Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool.
To learn how to invest in First Stock, please use our How to Invest in First Bancorp guide.
Note that the First Bancorp information on this page should be used as a complementary analysis to other First Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.

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Is First Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.158
Dividend Share
0.56
Earnings Share
1.71
Revenue Per Share
4.891
Quarterly Revenue Growth
(0.04)
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.