Navigating 6 Analyst Ratings For First Foundation

In the latest quarter, 6 analysts provided ratings for First Foundation FFWM, showcasing a mix of bullish and bearish perspectives.

The table below offers a condensed view of their recent ratings, showcasing the changing sentiments over the past 30 days and comparing them to the preceding months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 1 0 5 0 0
Last 30D 0 0 1 0 0
1M Ago 1 0 2 0 0
2M Ago 0 0 0 0 0
3M Ago 0 0 2 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $6.83, along with a high estimate of $9.00 and a low estimate of $5.00. No alteration is observed as the current average remains at the previous average price target.

price target chart

Breaking Down Analyst Ratings: A Detailed Examination

A comprehensive examination of how financial experts perceive First Foundation is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.

Analyst Analyst Firm Action Taken Rating Current Price Target Prior Price Target
Andrew Terrell Stephens & Co. Raises Equal-Weight $7.00 $6.00
Matthew Clark Piper Sandler Maintains Neutral $6.00 $6.00
David Chiaverini Wedbush Lowers Neutral $5.00 $6.00
Gary Tenner DA Davidson Raises Buy $9.00 $8.00
David Chiaverini Wedbush Maintains Neutral $7.00 $7.00
David Chiaverini Wedbush Lowers Neutral $7.00 $8.00

Key Insights:

  • Action Taken: In response to dynamic market conditions and company performance, analysts update their recommendations. Whether they 'Maintain', 'Raise', or 'Lower' their stance, it signifies their reaction to recent developments related to First Foundation. This insight gives a snapshot of analysts' perspectives on the current state of the company.
  • Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of First Foundation compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into First Foundation's market standing. Stay informed and make well-considered decisions with our Ratings Table.

Stay up to date on First Foundation analyst ratings.

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Unveiling the Story Behind First Foundation

First Foundation Inc is a financial services company. It is engaged in providing investment management and financial planning services for high-net-worth individuals, retirement plans, charitable institutions, and private foundations. The company focuses on segments namely Banking and Wealth Management. It also offers loans to individuals and entities that own and operate multifamily residential and commercial real estate properties as well as business banking products and services to small to moderate-sized businesses, professional firms, and consumer banking products and services to individuals.

Financial Insights: First Foundation

Market Capitalization Analysis: With an elevated market capitalization, the company stands out above industry averages, showcasing substantial size and market acknowledgment.

Revenue Challenges: First Foundation's revenue growth over 3 months faced difficulties. As of 31 March, 2024, the company experienced a decline of approximately -24.95%. This indicates a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in Financials sector.

Net Margin: First Foundation's net margin lags behind industry averages, suggesting challenges in maintaining strong profitability. With a net margin of 1.97%, the company may face hurdles in effective cost management.

Return on Equity (ROE): The company's ROE is below industry benchmarks, signaling potential difficulties in efficiently using equity capital. With an ROE of 0.09%, the company may need to address challenges in generating satisfactory returns for shareholders.

Return on Assets (ROA): First Foundation's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.01%, the company may face hurdles in achieving optimal financial returns.

Debt Management: With a high debt-to-equity ratio of 2.02, First Foundation faces challenges in effectively managing its debt levels, indicating potential financial strain.

Analyst Ratings: Simplified

Ratings come from analysts, or specialists within banking and financial systems that report for specific stocks or defined sectors (typically once per quarter for each stock). Analysts usually derive their information from company conference calls and meetings, financial statements, and conversations with important insiders to reach their decisions.

In addition to their assessments, some analysts extend their insights by offering predictions for key metrics such as earnings, revenue, and growth estimates. This supplementary information provides further guidance for traders. It is crucial to recognize that, despite their specialization, analysts are human and can only provide forecasts based on their beliefs.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

Market News and Data brought to you by Benzinga APIs
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