A look at First Foundation Inc’s (FFWM) recent performance gives investors their first glimpse of hope.

On Monday, First Foundation Inc (NYSE: FFWM) was 7.32% up from the session before settling in for the closing price of $7.24. A 52-week range for FFWM has been $4.41 – $11.47.

Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 21.76%. When this article was written, the company’s average yearly earnings per share was at -164.66%. With a float of $74.82 million, this company’s outstanding shares have now reached $82.35 million.

Considering the fact that the conglomerate employs 567 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.11%, operating margin of 33.17%, and the pretax margin is 0.55%.

First Foundation Inc (FFWM) Insider Activity

Also, it is sometimes useful to examine the sentiment of large-scale investors toward First Foundation Inc stocks. The insider ownership of First Foundation Inc is 9.14%, while institutional ownership is 58.36%. The most recent insider transaction that took place on Feb 29 ’24, was worth 203,975. In this transaction Chairman of this company sold 25,000 shares at a rate of $8.16, taking the stock ownership to the 1,230,622 shares. Before that another transaction happened on Dec 15 ’23, when Company’s Chairman sold 30,000 for $8.90, making the entire transaction worth $266,940. This insider now owns 215,000 shares in total.

First Foundation Inc (FFWM) Earnings and Forecasts

Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted 0.05 earnings per share (EPS) during the time that was better than consensus figure (set at 0.04) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -164.66% per share during the next fiscal year.

First Foundation Inc (NYSE: FFWM) Trading Performance Indicators

You can see what First Foundation Inc (FFWM) is doing with its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.99.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.15, a number that is poised to hit -0.17 in the next quarter and is forecasted to reach 0.53 in one year’s time.

Technical Analysis of First Foundation Inc (FFWM)

Compared to the last year’s volume of 0.61 million, its volume of 0.56 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 56.93%. Additionally, its Average True Range was 0.34.

During the past 100 days, First Foundation Inc’s (FFWM) raw stochastic average was set at 97.67%, which indicates a significant increase from 94.85% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.28% in the past 14 days, which was lower than the 72.90% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $6.79, while its 200-day Moving Average is $6.91. Nevertheless, the first resistance level for the watch stands at $7.97 in the near term. At $8.16, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.49. If the price goes on to break the first support level at $7.45, it is likely to go to the next support level at $7.12. Should the price break the second support level, the third support level stands at $6.93.

First Foundation Inc (NYSE: FFWM) Key Stats

There are 56,512K outstanding shares of the company, which has a market capitalization of 639.86 million. As of now, sales total 623,040 K while income totals -199,060 K. Its latest quarter income was 164,570 K while its last quarter net income were 3,090 K.