2.54% volatility in First Bancorp PR (FBP) last month: This is a red flag warning

On Friday, First Bancorp PR (NYSE: FBP) opened higher 0.38% from the last session, before settling in for the closing price of $18.31. Price fluctuations for FBP have ranged from $15.15 to $22.40 over the past 52 weeks.

Annual sales at Financial sector company grew by 10.84% over the past five years. Company’s average yearly earnings per share was noted 2.89% at the time writing. With a float of $160.17 million, this company’s outstanding shares have now reached $163.88 million.

Let’s look at the performance matrix of the company that is accounted for 3168 employees. In terms of profitability, gross margin is 34.84%, operating margin of 48.36%, and the pretax margin is 33.36%.

First Bancorp PR (FBP) Insider Updates

A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of First Bancorp PR is 2.26%, while institutional ownership is 94.57%. The most recent insider transaction that took place on Nov 29 ’24, was worth 308,007. In this transaction Director of this company sold 15,000 shares at a rate of $20.53, taking the stock ownership to the 74,570 shares. Before that another transaction happened on Nov 25 ’24, when Company’s EVP and COO sold 80,000 for $21.89, making the entire transaction worth $1,751,480. This insider now owns 94,589 shares in total.

First Bancorp PR (FBP) Performance Highlights and Predictions

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.42 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 2.89% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.65% during the next five years compared to 13.24% growth over the previous five years of trading.

First Bancorp PR (NYSE: FBP) Trading Performance Indicators

Check out the current performance indicators for First Bancorp PR (FBP). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.49. Likewise, its price to free cash flow for the trailing twelve months is 8.01.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.81, a number that is poised to hit 0.41 in the next quarter and is forecasted to reach 1.78 in one year’s time.

Technical Analysis of First Bancorp PR (FBP)

First Bancorp PR (NYSE: FBP) saw its 5-day average volume 1.94 million, a positive change from its year-to-date volume of 1.05 million. As of the previous 9 days, the stock’s Stochastic %D was 7.14%. Additionally, its Average True Range was 0.57.

During the past 100 days, First Bancorp PR’s (FBP) raw stochastic average was set at 6.52%, which indicates a significant decrease from 9.72% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.56% in the past 14 days, which was lower than the 35.59% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.37, while its 200-day Moving Average is $19.19. Nevertheless, the first resistance level for the watch stands at $18.73 in the near term. At $19.07, the stock is likely to face the second major resistance level. The third major resistance level sits at $19.39. If the price goes on to break the first support level at $18.07, it is likely to go to the next support level at $17.75. Assuming the price breaks the second support level, the third support level stands at $17.41.

First Bancorp PR (NYSE: FBP) Key Stats

There are currently 163,870K shares outstanding in the company with a market cap of 3.02 billion. Presently, the company’s annual sales total 1,156 M according to its annual income of 302,860 K. Last quarter, the company’s sales amounted to 307,180 K and its income totaled 73,730 K.