First American Financial Corp (NYSE: FAF) kicked off on Monday, down -3.66% from the previous trading day, before settling in for the closing price of $66.89. Over the past 52 weeks, FAF has traded in a range of $49.55-$67.88.
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During the last 5-year period, the sales growth of Financial Sector giant was 2.73%. While this was happening, its average annual earnings per share was recorded 80.84%. With a float of $98.03 million, this company’s outstanding shares have now reached $103.10 million.
Let’s determine the extent of company efficiency that accounts for 19210 employees. In terms of profitability, gross margin is 90.26%, operating margin of 4.26%, and the pretax margin is 4.33%.
First American Financial Corp (FAF) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Insurance – Specialty Industry. The insider ownership of First American Financial Corp is 4.73%, while institutional ownership is 86.83%. The most recent insider transaction that took place on Nov 15 ’23, was worth 101,160. In this transaction VP & Chief Accounting Officer of this company sold 1,800 shares at a rate of $56.20, taking the stock ownership to the 7,487 shares.
First American Financial Corp (FAF) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 1.22 earnings per share (EPS), higher than consensus estimate (set at 1.17) by 0.05. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 80.84% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -7.65% during the next five years compared to -13.13% drop over the previous five years of trading.
First American Financial Corp (NYSE: FAF) Trading Performance Indicators
Take a look at First American Financial Corp’s (FAF) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.16. Likewise, its price to free cash flow for the trailing twelve months is 23.57.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.87, a number that is poised to hit 1.10 in the next quarter and is forecasted to reach 5.33 in one year’s time.
Technical Analysis of First American Financial Corp (FAF)
Looking closely at First American Financial Corp (NYSE: FAF), its last 5-days average volume was 0.6 million, which is a drop from its year-to-date volume of 0.67 million. As of the previous 9 days, the stock’s Stochastic %D was 68.23%. Additionally, its Average True Range was 1.33.
During the past 100 days, First American Financial Corp’s (FAF) raw stochastic average was set at 78.54%, which indicates a significant increase from 32.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.19% in the past 14 days, which was higher than the 20.14% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $64.46, while its 200-day Moving Average is $59.02. However, in the short run, First American Financial Corp’s stock first resistance to watch stands at $66.14. Second resistance stands at $67.85. The third major resistance level sits at $68.82. If the price goes on to break the first support level at $63.47, it is likely to go to the next support level at $62.50. Should the price break the second support level, the third support level stands at $60.79.
First American Financial Corp (NYSE: FAF) Key Stats
The company with the Market Capitalisation of 6.63 billion has total of 103,724K Shares Outstanding. Its annual sales at the moment are 6,004 M in contrast with the sum of 216,800 K annual income. Company’s last quarter sales were recorded 1,612 M and last quarter income was 116,000 K.
