Brokerages Anticipate First Financial Corp (THFF) to Post $0.90 Earnings Per Share
Shares of First Financial Corp (NASDAQ:THFF) have earned an average broker rating score of 3.00 (Hold) from the two analysts that provide coverage for the stock, Zacks Investment Research reports. Two investment analysts have rated the stock with a hold recommendation.
Analysts have set a 12-month consensus price objective of $50.00 for the company and are anticipating that the company will post $0.90 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Financial an industry rank of 158 out of 257 based on the ratings given to its competitors.
Several analysts recently weighed in on THFF shares. BidaskClub downgraded First Financial from a “buy” rating to a “hold” rating in a report on Saturday, October 27th. Zacks Investment Research upgraded First Financial from a “hold” rating to a “buy” rating and set a $50.00 price objective for the company in a report on Tuesday, October 30th. Finally, ValuEngine downgraded First Financial from a “hold” rating to a “sell” rating in a report on Monday, October 22nd.
Shares of NASDAQ:THFF traded up $0.37 on Thursday, hitting $47.18. 13,700 shares of the company’s stock were exchanged, compared to its average volume of 20,834. First Financial has a 12 month low of $40.75 and a 12 month high of $53.05. The company has a market cap of $575.01 million, a price-to-earnings ratio of 16.27 and a beta of 0.93. The company has a current ratio of 0.81, a quick ratio of 0.81 and a debt-to-equity ratio of 0.08.
First Financial (NASDAQ:THFF) last released its earnings results on Tuesday, October 23rd. The bank reported $0.92 earnings per share for the quarter, topping the consensus estimate of $0.89 by $0.03. The business had revenue of $37.74 million during the quarter, compared to the consensus estimate of $37.60 million. First Financial had a return on equity of 10.60% and a net margin of 23.65%. As a group, equities research analysts predict that First Financial will post 3.8 EPS for the current fiscal year.
About First Financial
First Financial Corporation, through its subsidiaries, provides various financial services. The company offers commercial, mortgage, and consumer lending; lease financing; trust account; depositor; and insurance services. Its deposit products include interest-bearing and non-interest-bearing demand deposits, savings deposits, time deposits, and other time deposits; and loan products comprise commercial real estate loans, commercial loans, consumer loans, and residential real estate and construction loans.
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