First Financial Bankshares Stock Buy Hold or Sell Recommendation

FFIN Stock  USD 32.55  1.57  5.07%   
Given the investment horizon of 90 days and your complete indifference towards market risk, our recommendation regarding First Financial Bankshares is 'Buy'. 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 FFIN 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
28.23
Target Price
28.2
Hype Value
32.77
Market Value
32.55
Naive Value
31.72
A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell First Financial Bankshares given historical horizon and risk tolerance towards First Financial. When Macroaxis issues a 'buy' or 'sell' recommendation for First Financial Bankshares, the advice is generated through an automated system that utilizes algorithms and statistical models.
  
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.
To learn how to invest in First Stock, please use our How to Invest in First Financial 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 Financial Bankshares. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product.

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 Bankshares. Macroaxis does not own or have any residual interests in First Financial Bankshares 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

Execute Advice
Sell First FinancialBuy First Financial
Buy

Market Performance

ModestDetails

Volatility

Very steadyDetails

Hype Condition

Under hypedDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

LowDetails

Economic Sensitivity

Slowly supersedes the marketDetails

Investor Sentiment

ExcitedDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

HealthyDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon First Financial Bankshares has a Risk Adjusted Performance of 0.0261, Jensen Alpha of 0.0336, Total Risk Alpha of (0.39), Sortino Ratio of (0.03) and Treynor Ratio of 0.2903
Our advice module can be used to complement First Financial investment recommendation provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available at the time. To make sure First Financial is not overpriced, please confirm all First Financial Bank 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 Financial Bank has a price to earning of 23.90 X, we urge you to verify First Financial Bankshares 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 Financial Trading Alerts and Improvement Suggestions

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 Bankshares 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
0.07
Value At Risk
-3.59
Potential Upside
3.56
Standard Deviation
2.02
   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 Bankshares 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 Inc2023-12-31
1.6 M
Fuller & Thaler Asset Management Inc2023-12-31
1.5 M
Norges Bank2023-12-31
1.4 M
Bank Of New York Mellon Corp2023-12-31
1.4 M
Morgan Stanley - Brokerage Accounts2023-12-31
1.4 M
Nuveen Asset Management, Llc2023-12-31
1.1 M
Amvescap Plc.2023-12-31
M
Jpmorgan Chase & Co2023-12-31
846 K
Wells Fargo & Co2023-12-31
609.8 K
First Financial Bankshares Inc2023-12-31
18.3 M
Blackrock Inc2023-12-31
16.2 M
Note, although First Financial'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 Financial Cash Flow Accounts

201920202021202220232024 (projected)
Change In Cash34.0M446.5M(200.5M)(197.9M)205.9M216.2M
Free Cash Flow195.4M194.2M334.0M308.2M269.8M283.3M
Depreciation11.7M12.8M13.1M12.8M22.0M23.1M
Other Non Cash Items27.3M53.7M63.6M82.6M59.4M62.3M
Dividends Paid61.1M70.3M79.7M91.3M(100.0M)(95.0M)
Capital Expenditures8.7M16.5M19.2M15.8M17.3M11.2M
Net Income164.8M202.0M227.6M234.5M199.0M208.9M
End Period Cash Flow282.6M729.1M528.6M330.7M536.6M285.2M
Investments(443.0M)(1.3B)(2.6B)(823.4M)127.3M133.7M
Net Borrowings(87.4M)48.7M241.1M(28.6M)(25.8M)(24.5M)
Change To Netincome39.3M8.6M125.7M89.5M102.9M108.0M

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
0.03
β
Beta against NYSE Composite0.20
σ
Overall volatility
2.15
Ir
Information ratio -0.03

First Financial Volatility Alert

First Financial Bankshares has relatively low volatility with skewness of 0.23 and kurtosis of 2.0. 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
FundamentalsFirst FinancialPeer Average
Return On Equity0.14-0.31
Return On Asset0.0153-0.14
Profit Margin0.41 %(1.27) %
Operating Margin0.52 %(5.51) %
Current Valuation4.26 B16.62 B
Shares Outstanding142.75 M571.82 M
Shares Owned By Insiders4.08 %10.09 %
Shares Owned By Institutions76.24 %39.21 %
Number Of Shares Shorted9.5 M4.71 M
Price To Earning23.90 X28.72 X
Price To Book2.95 X9.51 X
Price To Sales9.19 X11.42 X
Revenue634.55 M9.43 B
Gross Profit515.65 M27.38 B
EBITDA243.3 M3.9 B
Net Income198.98 M570.98 M
Cash And Equivalents365.78 M2.7 B
Cash Per Share2.57 X5.01 X
Total Debt404.08 M5.32 B
Debt To Equity7.28 %48.70 %
Book Value Per Share10.57 X1.93 K
Cash Flow From Operations287.06 M971.22 M
Short Ratio16.83 X4.00 X
Earnings Per Share1.39 X3.12 X
Price To Earnings To Growth2.69 X4.89 X
Target Price32.2
Number Of Employees1.4 K18.84 K
Beta0.82-0.15
Market Capitalization4.42 B19.03 B
Total Asset13.11 B29.47 B
Retained Earnings1.22 B9.33 B
Z Score6.818.72
Annual Yield0.02 %
Note: Acquisition by J McVey of 548 shares of First Financial 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.

About First Financial Buy or Sell Advice

When is the right time to buy or sell First Financial Bankshares? 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)
Total Stockholder Equity1.8B1.3B1.5B1.6B
Total Assets13.1B13.0B13.1B13.8B

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.

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IT
IT Theme
Information Technology (IT) companies and IT service providers across different domains. The IT theme has 46 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 IT Theme or any other thematic opportunities.
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When determining whether First Financial Bank offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Financial'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 Financial Bankshares Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Financial Bankshares Stock:
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.
To learn how to invest in First Stock, please use our How to Invest in First Financial guide.
You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.

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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
(0.22)
Dividend Share
0.71
Earnings Share
1.39
Revenue Per Share
3.372
Quarterly Revenue Growth
(0.07)
The market value of First Financial Bank 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.