This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.17% per year. These returns cover a period from January 1, 1988 through September 4, 2023. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
In a filing with the SEC this morning, VinFast notified of the potential sale of up to 75.8 million shares of its stock by company insiders. Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.
Why Huntington Bancshares Shares Surged Around 10%; Here Are 72 Biggest Movers From Friday
Open to Public Investing is a wholly-owned subsidiary of Public Holdings, Inc. (“Public Holdings”). This is not an offer, solicitation of an offer, or advice to buy or sell securities or open a brokerage account in any jurisdiction where Open to the Public Investing is not registered. Securities products offered by Open to the Public Investing are not FDIC insured. Apex Clearing Corporation, our clearing firm, has additional insurance coverage in excess of the regular SIPC limits. According to 3 analysts, the average rating for FFIN stock is “Hold.” The 12-month stock price forecast is $31.0, which is an increase of 23.41% from the latest price. Easily the world’s most famous Vietnamese carmaker after going public in a SPAC IPO last month, VinFast has been pretty volatile since its debut, and today isn’t going to change that story much.
- The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.
FFIN’s historical performance
against its industry peers and the overall market.
- Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes.
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- Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations.
That’s a strong start to the day, considering its daily average trading volume is about 2.6 million shares. This is especially notable since the opening bell hasn’t been rung as of this writing. First Financial Bankshares Inc is a financial and bank holding company. The company operates one line of business (community banking) located in a single geographic area (Texas).
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. SAN FRANCISCO (MarketWatch) — Networking-equipment stocks tumbled in early trading Friday following a F5 Networks Inc. cutting its second-quarter revenue forecast.
That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. FFIN’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Now, it appears that both a flood of new shares will both increase volatility short term and potentially decrease it over the longer term, potentially making this stock less attractive to trade. The banking crisis may not be over, but insiders are buying these shares which pay high yields that come with an outlook for distribution growth. The technique has proven to be very useful for finding positive surprises. In fact, when combining a Zacks Rank #3 or better and a positive Earnings ESP, stocks produced a positive surprise 70% of the time, while they also saw 28.3% annual returns on average, according to our 10 year backtest. © 2023 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
First Financial Bankshares MarketRank™ Forecast
Franklin location is sixth overall for Bryan/College Station Region FRANKLIN, Texas , Aug. 23, 2023 /PRNewswire/ — First Financial Bank, N.A., a subsidiary of First Financial Bankshares, Inc. (NASDAQ… First Financial Bankshares and National Bank Holdings Corp. see oil and gas exposure taking a bite out of profits. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries.
First Financial Bankshares, Inc., through its subsidiaries, provides commercial banking products and services in Texas. In addition, the company offers asset management, investing, purchasing, advertising, public relations, and technology services. The company was founded in 1890 and is headquartered in Abilene, Texas. First Financial Bankshares, Inc. is a bank holding company, which engages in the provision of financial and community banking services. It offers mortgage loans, savings and checking accounts, auto and equity loans, online and mobile banking, investment and trust management, and retirement plans.
FFIN Latest News Stream
The company says that any funds from the program will go toward general working capital and corporate purposes. Banking services and bank accounts are offered by Jiko Bank, a division of Mid-Central National Bank, Member FDIC. You can find your newly purchased FFIN stock in your portfolio—alongside the rest of your stocks, ETFs, amp futures margins crypto, treasuries, and alternative assets. That doesn’t exactly inspire confidence in the stock’s future, on the part of the person best positioned to know what that future looks like. Combined with the trading implications for the stock, I think it gives investors good reason to be cautious about VinFast stock going forward.
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FFIN’s historical performance
against its industry peers and the overall market. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article.
The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks beaxy cryptocurrency exchange overview Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines. Some investors rely on dividends for growing their wealth, and if you’re one of those dividend sleuths, you might be… The table below shows FFIN’s growth in key financial areas (numbers in millions of US dollars). Product offerings and availability vary based on jurisdiction. The Motley Fool has no position in any of the stocks mentioned. ABILENE, Texas, Jan. 19, 2022 /PRNewswire/ — The Fort Worth Regional Board of First Financial Bank has elected Vianei Braun chair of the regional board of directors.
About First Financial Bankshares (FFIN)
Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. First Financial Bankshares will unveil its latest earnings on Wednesday, July 20. First Financial Bankshares will unveil its latest earnings on Thursday, October 20. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. As an investor, you want to buy stocks with the highest probability of success.
The company conducts a full-service commercial banking business through its subsidiaries. JSI and Jiko Bank are not affiliated with Public Holdings, Inc. (“Public”) or any of its subsidiaries. None of these entities provide legal, tax, or accounting advice. High-growth stocks top natural gas stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.