First Hawaiian Inc Cmn (NASDAQ:FHB) shares traded -0.86% down during most recent session to reach at the closing price of $26.59. The stock exchanged hands 1.4 Million shares versus average trading capacity of 1.38 Million shares, yielding a market cap of $3.62 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $28.61 within the next 52-weeks. The mean target projections are based on 9 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have First Hawaiian Inc Cmn (NASDAQ:FHB) high price target of $32 and with a conservative view have low price target of $26.
Citigroup “Maintained” First Hawaiian Inc Cmn (NASDAQ:FHB) in a research note issued to investors on 10/29/18 to Neutral with price target of $26.
Additionally on 5/31/18 Bank of America “Upgrades” First Hawaiian Inc Cmn (NASDAQ:FHB) to Buy setting price target at $0 and on 5/04/18 Deutsche Bank “Upgrades” the stock to Buy. Furthermore on 3/22/18 UBS “Initiates Coverage On” the stock to Neutral at $31.
On the other hand the company has Relative Strength Index (RSI 14) of 64.67 along with Average True Range (ATR 14) of 0.59, Consequently First Hawaiian Inc Cmn (NASDAQ:FHB)’s weekly and monthly volatility is 1.88%, 2.31% respectively. The company’s beta value is at 0.
In terms of Buy, Sell or Hold recommendations, First Hawaiian Inc Cmn (NASDAQ:FHB) has analysts’ mean recommendation of 0. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts First Hawaiian Inc Cmn (NASDAQ:FHB)’s minimum EPS for the current quarter is at $0.51 and can go high up to $0.54. The consensus mean EPS for the current quarter is at $0.52 derived from a total of 10 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.49 earnings per share for the same quarter during last year.
Previously First Hawaiian Inc Cmn (NASDAQ:FHB) reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.52 by $0.06. The company posted an earnings surprise of 11.5%.
First Hawaiian Inc Cmn (NASDAQ:FHB)’s revenue estimates for the current quarter are $195.21 Million according to 7 number of analysts, for the current quarter the company has high revenue estimates of $197.34 Million in contradiction of low revenue estimates of $192.4 Million. For the current year the company’s revenue estimates are $800.41 Million compared to low analyst estimates of $789.1 Million and high estimates of $813.99 Million according to 7 number of analysts.
Currently First Hawaiian Inc Cmn (NASDAQ:FHB)’s shares owned by insiders are 0.1%, whereas shares owned by institutional owners are 82%. However the six-month change in the insider ownership was recorded -99.7%, as well as three-month change in the institutional ownership was recorded 2.8%.
First Hawaiian Inc Cmn (NASDAQ:FHB)’s trailing twelve month revenues are $646.1 Million, whereas its price to sales ratio for the same period is 5.6. Its book value per share for the most recent quarter is $17.89 while its price to book ratio for the same period is 1.49, as for as the company’s cash per share for the most recent quarter is $5.49, however its price to cash per share ratio for the same period is 4.84. The stock has 5 year expected PEG ratio of 1.84 whereas its trailing twelve month P/E ratio is 13.8.