Research Report for: First Bancorp (NYSE:FBP)


First Bancorp (NYSE:FBP) will report its next earnings on Jan 26 – Jan 30 (Est.). The company reported the earnings of $0.11/Share in the last quarter where the estimated EPS by analysts was $0.1/share. The difference between the expected and actual EPS was $0.01/share, which represents an Earnings surprise of 10%.

In case of Revenue Estimates, 4 analysts have provided their consensus Average Revenue Estimates for First Bancorp as 118.86 Million. According to these analysts, the Low Revenue Estimate for First Bancorp is 117.37 Million and the High Revenue Estimate is 120.27 Million. The company had Year Ago Sales of 125.21 Million.

Some buy side analysts are also providing their Analysis on First Bancorp, where 1 analysts have rated the stock as Strong buy, 3 analysts have given a Buy signal, 1 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)

When it comes to the Analysis of a Stock, Price Target plays a vital role. 5 Analysts reported that the Price Target for First Bancorp might touch $7 high while the Average Price Target and Low price Target is $6.4 and $6 respectively.

To analyze a stock, one should look for Upgrades and Downgrades of a stock. First Bancorp got Initiated on 8-Apr-16 where investment firm Piper Jaffray Initiated the stock to Overweight.

First Bancorp closed its last trading session at $6.37 with the loss of -7.06%. The Market Capitalization of the company stands at 1.29 Billion. The Company has 52-week high of $6.84 and 52-week low of $2.06. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -0.08% where SMA50 and SMA200 are 7.95% and 38.96% respectively. The Company Touched its 52-Week High on Nov 23, 2016 and 52-Week Low on Jan 26, 2016.

The Relative Volume of the company is 18.67 and Average Volume (3 months) is 669.99 million. First Bancorp P/E (price to earnings) ratio is 15.1 and Forward P/E ratio of 15.18.

The company shows its Return on Assets (ROA) value of 0.7%. The Return on Equity (ROE) value stands at 4.9%. While it’s Return on Investment (ROI) value is 17.2%.

While looking at the Stock’s Performance, First Bancorp currently shows a Weekly Performance of -10.03%, where Monthly Performance is 15.4%, Quarterly performance is 20.82%, 6 Months performance is 35.16% and yearly performance percentage is 60%. Year to Date performance value (YTD perf) value is 82.15%. The Stock currently has a Weekly Volatility of 3.86% and Monthly Volatility of 4.68%.