Is First Financial Corp (NASDAQ:THFF) Predicted To Soar?

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First Financial Corp (NASDAQ:THFF) price on Friday, March 21, fall -1.40% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $49.35.

A look at the stock’s price movement, the close in the last trading session was $50.05, moving within a range at $48.57 and $50.195. The beta value (5-Year monthly) was 0.492 while the PE ratio in trailing twelve months stood at 12.33. Turning to its 52-week performance, $53.60 and $34.58 were the 52-week high and 52-week low respectively. Overall, THFF moved -4.93% over the past month.

First Financial Corp’s market cap currently stands at around $584.97 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-03. The company has a Forward Dividend ratio of 1.86, with its dividend yield at 3.77%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Analysts have a consensus estimate of 62.04M for the company’s revenue for the quarter, with a low and high estimate of 62M and 62.09M respectively. The average forecast suggests up to a 28.32% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 253.34M, representing a 16.34% jump on that reported in the last financial year.

Turning to the stock’s technical picture we see that short term indicators suggest on average that THFF is a 50% Buy. On the other hand, the stock is on average a 50% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend THFF as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

THFF’s current price about -1.40% and -0.10% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.57, while 7-day volatility ratio is 2.79% and 2.88% in the 30-day chart. Further, First Financial Corp (THFF) has a beta value of 0.40, and an average true range (ATR) of 1.46. Analysts have given the company’s stock an average 52-week price target of $50, forecast between a low of $50 and high of $50. Looking at the price targets, the low is -1.32% off current price level while to achieve the yearly target high, price needs to move -1.32%. Nonetheless, investors will most likely welcome a -1.32% jump to $50 which is the analysts’ median price.

If we refocus on First Financial Corp (NASDAQ:THFF), historical trading data shows that trading volumes averaged 0.14 over the past 10 days and 54.45K over the past 3 months. The company’s latest data on shares outstanding shows there are 11.84 million shares.

The 4.79% of First Financial Corp’s shares are in the hands of company insiders while institutional holders own 76.36% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 55561.0 on 2025-02-28, giving us a short ratio of 0.94. The data shows that as of 2025-02-28 short interest in First Financial Corp (THFF) stood at 54.99999999999999 of shares outstanding, with shares short rising to 48065.0 registered in 2025-01-31. Current price change has pushed the stock 6.84% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the THFF stock continues to rise going into the next quarter.

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