Is First Hawaiian Stock a Good Investment?

First Hawaiian Investment Advice

  FHB
To provide specific investment advice or recommendations on First Hawaiian stock, we recommend investors consider the following general factors when evaluating First Hawaiian. This will help you to make an informed decision on whether to include First Hawaiian in one of your diversified portfolios:
  • Examine First Hawaiian's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research First Hawaiian's leadership team and their track record. Good management can help First Hawaiian navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Regional Banks space and any emerging trends that could impact First Hawaiian's business and its evolving consumer preferences.
  • Compare First Hawaiian's performance and market position to its competitors. Analyze how First Hawaiian is positioned in terms of product offerings, innovation, and market share.
  • Check if First Hawaiian pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about First Hawaiian's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in First Hawaiian stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if First Hawaiian is a good investment.
 
Sell
 
Buy
Buy
Our investment recommendation module complements current analysts and expert consensus on First Hawaiian. It analyzes the firm potential to grow using all fundamental, technical, and market related data available at the time. To make sure First Hawaiian is not overpriced, please confirm all First Hawaiian fundamentals, including its price to earning, gross profit, cash per share, as well as the relationship between the price to sales and net income . Given that First Hawaiian has a number of shares shorted of 2.56 M, we urge you to verify First Hawaiian 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.

Market Performance

Very WeakDetails

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

OvervaluedDetails

Odds Of Distress

Very LowDetails

Economic Sensitivity

Responds to the marketDetails

Investor Sentiment

AlarmedDetails

Analyst Consensus

HoldDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails

Examine First Hawaiian Stock

Researching First Hawaiian's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 99.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 1.08. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Hawaiian last dividend was issued on the 15th of February 2024.
To determine if First Hawaiian is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding First Hawaiian's research are outlined below:
First Hawaiian generated a negative expected return over the last 90 days
First Hawaiian has a poor financial position based on the latest SEC disclosures
Over 99.0% of the company shares are owned by institutional investors
On 1st of March 2024 First Hawaiian paid $ 0.26 per share dividend to its current shareholders
Latest headline from zacks.com: Acquisition by Wo Craig Scott of 3151 shares of First Hawaiian subject to Rule 16b-3

First Hawaiian Quarterly Cost Of Revenue

29.81 Million

First Hawaiian uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in First Hawaiian. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to First Hawaiian's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
26th of January 2024
Upcoming Quarterly Report
View
26th of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
26th of January 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View
Earnings surprises can significantly impact First Hawaiian's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises First Hawaiian's investors have experienced.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-01-22
2020-12-310.440.50.0613 
2020-07-24
2020-06-300.220.16-0.0627 
2019-01-24
2018-12-310.520.580.0611 
2024-01-26
2023-12-310.440.37-0.0715 
2020-04-24
2020-03-310.380.3-0.0821 
2021-07-25
2021-06-300.470.680.2144 
2020-10-23
2020-09-300.280.50.2278 

First Hawaiian Target Price Consensus

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. First target price is determined by taking all analyst projections and averaging them out. There is no one specific way to measure analysts' performance other than comparing it to past results via a very sophisticated attribution analysis. First Hawaiian's target price projections below should be used in combination with other traditional price prediction techniques such as stock price forecasting, investor sentiment analysis, technical analysis, earnings estimate, and various momentum models.
   8  Hold
Most First analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to help potential investors understand First stock's fair price compared to its market value. Analysts arrive at stock ratings after researching the public financial statements of First Hawaiian, talking to its executives and customers, or listening to those companies' conference calls.
Macroaxis Advice   Exposure   Valuation

First Hawaiian Target Price Projection

First Hawaiian's current and average target prices are 21.89 and 19.00, respectively. The current price of First Hawaiian is the price at which First Hawaiian is currently trading. On the other hand, First Hawaiian's target price is what analysts think the stock is worth or could sell for in the future. The more significant the discrepancy between the two prices, the more it stimulates investors to act.

Current Price

First Hawaiian Market Quote on 28th of April 2024

Low Price21.86Odds
High Price22.58Odds

21.89

Target Price

Analyst Consensus On First Hawaiian Target Price

Low Estimate17.29Odds
High Estimate21.09Odds

19.0

Historical Lowest Forecast  17.29 Target Price  19.0 Highest Forecast  21.09
Note that most analysts generally publish their price targets in research reports on specific companies, along with recommendations for the company's stock.Although price targets are often quoted in the financial news media, there could be a delay between the publication of the latest analyst outlook on First Hawaiian and the information provided on this page.

First Hawaiian Analyst Ratings

First Hawaiian's analyst stock recommendations are determined by taking an average estimate of all analysts we track and classifying them as Strong Buy, Buy, Hold, Strong Sell, or Sell. Ratings generally communicate what analysts sense about First Hawaiian stock, and they use a lot of effort and time to analyze it and arrive at a rating. That suggests that analyst recommendations are the outcome of an objective and thorough examination of First Hawaiian's financials, market performance, and future outlook by experienced professionals. First Hawaiian's historical ratings below, therefore, can serve as a valuable tool for investors.

Know First Hawaiian's Top Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Hawaiian is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Hawaiian backward and forwards among themselves. First Hawaiian's institutional investor refers to the entity that pools money to purchase First Hawaiian's securities or originate 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
Reinhart Mahoney Capital Management Inc2024-03-31
2.3 M
Fmr Inc2023-12-31
2.1 M
Bank Of New York Mellon Corp2023-12-31
M
Geode Capital Management, Llc2023-12-31
M
Yacktman Asset Management Co2023-12-31
1.9 M
Wells Fargo & Co2023-12-31
1.8 M
Massachusetts Financial Services Company2023-12-31
1.7 M
Northern Trust Corp2023-12-31
1.7 M
Charles Schwab Investment Management Inc2023-12-31
1.5 M
Blackrock Inc2023-12-31
16.9 M
Vanguard Group Inc2023-12-31
14.7 M
Note, although First Hawaiian'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 Hawaiian's market capitalization trends

The company currently falls under 'Mid-Cap' category with a total capitalization of 2.79 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate First Hawaiian's market, we take the total number of its shares issued and multiply it by First Hawaiian's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.

Market Cap

3.94 Billion

First Hawaiian's profitablity analysis

First Hawaiian's profitability indicators refer to fundamental financial ratios that showcase First Hawaiian's ability to generate income relative to its revenue or operating costs. If, let's say, First Hawaiian is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, First Hawaiian's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of First Hawaiian's profitability requires more research than a typical breakdown of First Hawaiian's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.01  0.01 
Return On Capital Employed 0.09  0.05 
Return On Assets 0.01  0.01 
Return On Equity 0.09  0.07 
The company has Net Profit Margin of 0.28 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.4 %, which entails that for every 100 dollars of revenue, it generated $0.4 of operating income.
Determining First Hawaiian's profitability involves analyzing its financial statements and using various financial metrics to determine if First Hawaiian is a good buy. For example, gross profit margin measures First Hawaiian's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of First Hawaiian's profitability and make more informed investment decisions.
The data published in First Hawaiian's official financial statements usually reflect First Hawaiian's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of First Hawaiian. For example, before you start analyzing numbers published by First accountants, it's critical to develop an understanding of what First Hawaiian's liquidity, profitability, and earnings quality are in the context of the Banks space in which it operates.
Please note, the presentation of First Hawaiian's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, First Hawaiian's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in First Hawaiian's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Hawaiian. Please utilize our Beneish M Score to check the likelihood of First Hawaiian's management manipulating its earnings.

Evaluate First Hawaiian's management efficiency

As of April 28, 2024, Return On Tangible Assets is expected to decline to 0.01. In addition to that, Return On Capital Employed is expected to decline to 0.05. At present, First Hawaiian's Non Current Assets Total are projected to increase significantly based on the last few years of reporting. The current year's Non Currrent Assets Other is expected to grow to about 20.7 B, whereas Total Assets are forecasted to decline to about 19 B. First Hawaiian's management efficiency ratios could be used to measure how well First Hawaiian manages its routine affairs as well as how well it operates its assets and liabilities.
Last ReportedProjected for Next Year
Book Value Per Share 19.49  28.49 
Net Current Asset Value 0.00  0.00 
Tangible Asset Value 0.00  0.00 
Tangible Book Value Per Share 11.64  16.30 
Enterprise Value Over EBITDA 92.74  97.38 
Price Book Value Ratio 1.17  0.97 
Enterprise Value Multiple 92.74  97.38 
Price Fair Value 1.17  0.97 
Enterprise Value1.7 B3.1 B
The analysis of First Hawaiian's management efficiency is an essential part of evaluating and assessing the financial and operational performance of the entity. It is also vital to analyze First Hawaiian's future growth prospects and the overall market conditions to determine the value and potential of its stock. The analysis involves studying a range of financial metrics such as revenue, earnings, profit margins, cash flow, debt, market share, and external factors such as economic trends, industry outlook, competition, and government regulations. The goal of First Stock analysis is to determine whether it is undervalued, fairly valued, or overvalued and to make informed investment decisions.
Dividend Yield
0.0475
Forward Dividend Yield
0.0475
Forward Dividend Rate
1.04
Beta
0.998

Basic technical analysis of First Stock

As of the 28th of April, First Hawaiian shows the Downside Deviation of 1.53, mean deviation of 1.15, and Coefficient Of Variation of 4656.89. First Hawaiian technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We have analyze and collected data for nineteen technical drivers for First Hawaiian, which can be compared to its peers. Please confirm First Hawaiian jensen alpha, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance to decide if First Hawaiian is priced favorably, providing market reflects its regular price of 21.89 per share. Given that First Hawaiian has jensen alpha of (0.08), we urge you to verify First Hawaiian's prevailing market performance to make sure the company can sustain itself at a future point.

First Hawaiian's insider trading activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Hawaiian insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Hawaiian's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Hawaiian insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Understand First Hawaiian's technical and predictive indicators

Using predictive indicators to make investment decisions involves analyzing First Hawaiian's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.

Consider First Hawaiian's intraday indicators

First Hawaiian intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Hawaiian stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

First Hawaiian Corporate Filings

8K
26th of April 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
14th of March 2024
Other Reports
ViewVerify
13th of March 2024
Other Reports
ViewVerify
F4
1st of March 2024
The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities
ViewVerify
First Hawaiian time-series forecasting models is one of many First Hawaiian's stock analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary First Hawaiian's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

First Stock media impact

Far too much social signal, news, headlines, and media speculation about First Hawaiian that are available to investors today. That information is available publicly through First media outlets and privately through word of mouth or via First internal channels. However, regardless of the origin, that massive amount of First data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of First Hawaiian news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of First Hawaiian relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to First Hawaiian's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive First Hawaiian alpha.

First Hawaiian Sentiment by Major News Outlets

Investor sentiment, mood or attitude towards First Hawaiian can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.

Be your own money manager

Our tools can tell you how much better you can do entering a position in First Hawaiian without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Crypto Correlations Now

   

Crypto Correlations

Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
All  Next Launch Module

First Hawaiian Corporate Directors

First Hawaiian corporate directors refer to members of a First Hawaiian board of directors. The board of directors generally takes responsibility for the First Hawaiian's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of First Hawaiian's board members must vote for the resolution. The First Hawaiian board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.

How to buy First Stock?

To provide specific investment advice or recommendations on First Hawaiian stock, we recommend investors consider the following general factors when evaluating First Hawaiian. This will help you to make an informed decision on whether to include First Hawaiian in one of your diversified portfolios:
  • Examine First Hawaiian's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
  • Research First Hawaiian's leadership team and their track record. Good management can help First Hawaiian navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
  • Consider the overall health of the Regional Banks space and any emerging trends that could impact First Hawaiian's business and its evolving consumer preferences.
  • Compare First Hawaiian's performance and market position to its competitors. Analyze how First Hawaiian is positioned in terms of product offerings, innovation, and market share.
  • Check if First Hawaiian pays a dividend and its dividend yield and payout ratio.
  • Review what financial analysts are saying about First Hawaiian's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in First Hawaiian stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if First Hawaiian is a good investment.

Already Invested in First Hawaiian?

The danger of trading First Hawaiian is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of First Hawaiian is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than First Hawaiian. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile First Hawaiian is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether First Hawaiian offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of First Hawaiian'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 Hawaiian Stock. Outlined below are crucial reports that will aid in making a well-informed decision on First Hawaiian Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in First Hawaiian. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in rate.
For information on how to trade First Stock refer to our How to Trade First Stock guide.
Note that the First Hawaiian information on this page should be used as a complementary analysis to other First Hawaiian'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 Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.

Complementary Tools for First Stock analysis

When running First Hawaiian's price analysis, check to measure First Hawaiian'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 Hawaiian is operating at the current time. Most of First Hawaiian's value examination focuses on studying past and present price action to predict the probability of First Hawaiian'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 Hawaiian's price. Additionally, you may evaluate how the addition of First Hawaiian to your portfolios can decrease your overall portfolio volatility.
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Commodity Directory
Find actively traded commodities issued by global exchanges
Fundamental Analysis
View fundamental data based on most recent published financial statements
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Portfolio Comparator
Compare the composition, asset allocations and performance of any two portfolios in your account
Is First Hawaiian'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 Hawaiian. 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 Hawaiian 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
(0.19)
Dividend Share
1.04
Earnings Share
1.84
Revenue Per Share
6.286
Quarterly Revenue Growth
(0.04)
The market value of First Hawaiian 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 Hawaiian's value that differs from its market value or its book value, called intrinsic value, which is First Hawaiian'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 Hawaiian's market value can be influenced by many factors that don't directly affect First Hawaiian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between First Hawaiian's value and its price, as these two are different measures arrived at by various means. Investors typically determine if First Hawaiian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Hawaiian'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.