First Bancorp (NASDAQ: FBNC) on Friday, soared 1.49% from the previous trading day, before settling in for the closing price of $43.49. Within the past 52 weeks, FBNC’s price has moved between $29.53 and $50.34.
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During the last 5-year period, the sales growth of Financial Sector giant was 16.06%. The company achieved an average annual earnings per share of -1.38%. With a float of $39.84 million, this company’s outstanding shares have now reached $41.34 million.
Let’s determine the extent of company efficiency that accounts for 1445 employees. In terms of profitability, gross margin is 89.99%, operating margin of 26.07%, and the pretax margin is 24.76%.
First Bancorp (FBNC) Insider Activity
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of First Bancorp is 3.64%, while institutional ownership is 66.83%. The most recent insider transaction that took place on Nov 26 ’24, was worth 274,308. In this transaction Director of this company sold 5,573 shares at a rate of $49.22, taking the stock ownership to the 67,752 shares. Before that another transaction happened on Nov 26 ’24, when Company’s Director proposed sale 5,573 for $49.22, making the entire transaction worth $274,303.
First Bancorp (FBNC) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.73 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -1.38% per share during the next fiscal year.
First Bancorp (NASDAQ: FBNC) Trading Performance Indicators
First Bancorp (FBNC) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.20. Likewise, its price to free cash flow for the trailing twelve months is 13.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.48, a number that is poised to hit 0.73 in the next quarter and is forecasted to reach 3.23 in one year’s time.
Technical Analysis of First Bancorp (FBNC)
Looking closely at First Bancorp (NASDAQ: FBNC), its last 5-days average volume was 0.18 million, which is a jump from its year-to-date volume of 0.17 million. As of the previous 9 days, the stock’s Stochastic %D was 69.97%. Additionally, its Average True Range was 1.36.
During the past 100 days, First Bancorp’s (FBNC) raw stochastic average was set at 40.73%, which indicates a significant decrease from 66.05% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 28.43% in the past 14 days, which was lower than the 33.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $45.56, while its 200-day Moving Average is $39.05. However, in the short run, First Bancorp’s stock first resistance to watch stands at $44.53. Second resistance stands at $44.91. The third major resistance level sits at $45.45. If the price goes on to break the first support level at $43.60, it is likely to go to the next support level at $43.06. Should the price break the second support level, the third support level stands at $42.68.
First Bancorp (NASDAQ: FBNC) Key Stats
Market capitalization of the company is 1.82 billion based on 41,342K outstanding shares. Right now, sales total 546,250 K and income totals 104,130 K. The company made 144,990 K in profit during its latest quarter, and 18,680 K in sales during its previous quarter.
