First Financial Bancorp Stock Buy Hold or Sell Recommendation
| FFBC Stock | USD 22.60 0.65 2.96% |
Given the investment horizon of 90 days and your conservative risk appetite, our recommendation regarding First Financial Bancorp is 'Sell'. Macroaxis provides First Financial buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FFBC positions. The advice algorithm takes into account all of First Financial's available fundamental, technical, and predictive indicators you will find on this site. Key drivers impacting First Financial's buy or sell advice are summarized below:
Real Value 22.62 | Target Price 23.25 | Hype Value 21.92 | Market Value 22.6 |
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell First Financial Bancorp given historical horizon and risk tolerance towards First Financial. When Macroaxis issues a 'buy' or 'sell' recommendation for First Financial Bancorp, the advice is generated through an automated system that utilizes algorithms and statistical models.
First |
Execute First Financial 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 Financial Bancorp. Macroaxis does not own or have any residual interests in First Financial Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Financial's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Sell
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Actively responds to the market | Details | |
Investor Sentiment | Impartial | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
First Financial Trading Alerts and Improvement Suggestions
| First Financial generated a negative expected return over the last 90 days | |
| Over 78.0% of the company shares are owned by institutional investors | |
| On 15th of March 2024 First Financial paid $ 0.23 per share dividend to its current shareholders | |
| Latest headline from zacks.com: Enterprise Financial Services Q1 Earnings and Revenues Miss Estimates |
First Financial Returns Distribution Density
The distribution of First Financial's historical returns is an attempt to chart the uncertainty of First Financial's future price movements. The chart of the probability distribution of First Financial daily returns describes the distribution of returns around its average expected value. We use First Financial Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Financial returns is essential to provide solid investment advice for First Financial.
| Mean Return | 0.01 | Value At Risk | -2.77 | Potential Upside | 3.79 | Standard Deviation | 1.84 |
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 Financial 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 Financial is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Financial Bancorp backward and forwards among themselves. First Financial's institutional investor refers to the entity that pools money to purchase First Financial'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 | Charles Schwab Investment Management Inc | 2023-12-31 | 1.2 M | Morgan Stanley - Brokerage Accounts | 2023-12-31 | 904.5 K | Manufacturers Life Insurance Co | 2023-12-31 | 897.6 K | First Financial Bank, N.a. -tr Division | 2023-12-31 | 881.6 K | Bank Of America Corp | 2023-12-31 | 880.2 K | Goldman Sachs Group Inc | 2023-12-31 | 753.6 K | Fisher Asset Management, Llc | 2023-12-31 | 668.5 K | Norges Bank | 2023-12-31 | 646.2 K | Bahl & Gaynor Inc. | 2023-12-31 | 586 K | Blackrock Inc | 2023-12-31 | 13.7 M | Vanguard Group Inc | 2023-12-31 | 10.9 M |
First Financial Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (35.5M) | 30.4M | (11.0M) | (12.5M) | 5.6M | 4.3M | |
| Free Cash Flow | 165.4M | 93.4M | 375.1M | 157.6M | 454.3M | 477.0M | |
| Depreciation | 28.1M | 33.3M | 32.1M | 38.8M | 37.8M | 39.7M | |
| Other Non Cash Items | 34.2M | 52.8M | 12.4M | 9.1M | 28.8M | 17.5M | |
| Dividends Paid | 89.1M | 89.7M | 87.3M | 86.6M | 87.2M | 91.5M | |
| Capital Expenditures | 20.9M | 16.5M | 15.3M | 43.3M | 24.1M | 13.3M | |
| Net Income | 198.1M | 155.8M | 205.2M | 217.6M | 255.9M | 268.7M | |
| End Period Cash Flow | 200.7M | 231.1M | 220.0M | 207.5M | 213.1M | 172.2M | |
| Change To Inventory | 26.2M | (94.5M) | (112.7M) | 114.0M | 102.6M | 107.7M | |
| Investments | (181.4M) | (1.2B) | (389.3M) | (846.9M) | (659.4M) | (692.4M) | |
| Change Receivables | 2.1M | (9.7M) | 6.5M | (19.1M) | (17.2M) | (16.4M) | |
| Net Borrowings | 115.8M | (790.1M) | (333.8M) | 926.9M | 834.2M | 876.0M | |
| Change To Netincome | 39.5M | 38.8M | 5.8M | 13.4M | 15.4M | 14.8M |
First Financial 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 Financial 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 Financial'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 | -0.13 | |
β | Beta against NYSE Composite | 1.60 | |
σ | Overall volatility | 1.84 | |
Ir | Information ratio | -0.04 |
First Financial Volatility Alert
First Financial Bancorp has relatively low volatility with skewness of 0.05 and kurtosis of 0.91. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Financial'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 Financial'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 Financial Fundamentals Vs Peers
Comparing First Financial'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 Financial's direct or indirect competition across all of the common fundamentals between First Financial and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Financial or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Financial's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Financial by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare First Financial to competition |
| Fundamentals | First Financial | Peer Average |
| Return On Equity | 0.12 | -0.31 |
| Return On Asset | 0.0148 | -0.14 |
| Profit Margin | 0.32 % | (1.27) % |
| Operating Margin | 0.41 % | (5.51) % |
| Current Valuation | 2.38 B | 16.62 B |
| Shares Outstanding | 95.47 M | 571.82 M |
| Shares Owned By Insiders | 1.98 % | 10.09 % |
| Shares Owned By Institutions | 78.10 % | 39.21 % |
| Number Of Shares Shorted | 1.27 M | 4.71 M |
| Price To Earning | 12.77 X | 28.72 X |
| Price To Book | 0.89 X | 9.51 X |
| Price To Sales | 2.53 X | 11.42 X |
| Revenue | 1.12 B | 9.43 B |
| Gross Profit | 673.25 M | 27.38 B |
| EBITDA | 10.4 M | 3.9 B |
| Net Income | 255.86 M | 570.98 M |
| Cash And Equivalents | 584 M | 2.7 B |
| Cash Per Share | 6.16 X | 5.01 X |
| Total Debt | 1.36 B | 5.32 B |
| Debt To Equity | 9.07 % | 48.70 % |
| Book Value Per Share | 23.84 X | 1.93 K |
| Cash Flow From Operations | 478.4 M | 971.22 M |
| Short Ratio | 3.78 X | 4.00 X |
| Earnings Per Share | 2.69 X | 3.12 X |
| Price To Earnings To Growth | 1.71 X | 4.89 X |
| Target Price | 25.3 | |
| Number Of Employees | 2.17 K | 18.84 K |
| Beta | 1.04 | -0.15 |
| Market Capitalization | 2.1 B | 19.03 B |
| Total Asset | 17.53 B | 29.47 B |
| Retained Earnings | 1.14 B | 9.33 B |
| Annual Yield | 0.04 % | |
| Five Year Return | 3.96 % |
Note: Disposition of 952 shares by Karen Woods of First Financial at 21.62 subject to Rule 16b-3 [view details]
First Financial 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.
| Accumulation Distribution | 14987.97 | |||
| Daily Balance Of Power | 0.7222 | |||
| Rate Of Daily Change | 1.03 | |||
| Day Median Price | 22.29 | |||
| Day Typical Price | 22.39 | |||
| Price Action Indicator | 0.64 | |||
| Period Momentum Indicator | 0.65 |
About First Financial Buy or Sell Advice
When is the right time to buy or sell First Financial 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 Total | 654.8M | 1.6B | 1.4B | 1.4B | Total Assets | 16.3B | 17.0B | 17.5B | 18.4B |
Use Investing Ideas to Build Portfolios
In addition to having First Financial 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?
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Check out First Financial 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. For information on how to trade First Stock refer to our How to Trade First Stock guide.Note that the First Financial Bancorp information on this page should be used as a complementary analysis to other First Financial'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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Complementary Tools for First Stock analysis
When running First Financial's price analysis, check to measure First Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Financial is operating at the current time. Most of First Financial's value examination focuses on studying past and present price action to predict the probability of First Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Financial's price. Additionally, you may evaluate how the addition of First Financial to your portfolios can decrease your overall portfolio volatility.
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Is First Financial'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 Financial. 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 Financial 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 (0.18) | Dividend Share 0.92 | Earnings Share 2.69 | Revenue Per Share 8.481 | Quarterly Revenue Growth (0.04) |
The market value of First Financial 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 Financial's value that differs from its market value or its book value, called intrinsic value, which is First Financial'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 Financial's market value can be influenced by many factors that don't directly affect First Financial'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 Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if First Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Financial'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.