Analysts Set $46.00 Price Target for First Financial Corp (THFF)

Shares of First Financial Corp (NASDAQ:THFF) have earned a consensus broker rating score of 3.00 (Hold) from the two analysts that cover the stock, Zacks Investment Research reports. Two equities research analysts have rated the stock with a hold recommendation.

Analysts have set a 12-month consensus target price of $46.00 for the company and are anticipating that the company will post $0.85 earnings per share for the current quarter, according to Zacks. Zacks has also assigned First Financial an industry rank of 159 out of 256 based on the ratings given to related companies.

THFF has been the subject of a number of recent research reports. ValuEngine downgraded shares of First Financial from a “hold” rating to a “sell” rating in a research note on Wednesday, March 20th. BidaskClub raised shares of First Financial from a “sell” rating to a “hold” rating in a research note on Friday, February 15th. Finally, Zacks Investment Research lowered shares of First Financial from a “hold” rating to a “sell” rating in a research note on Tuesday, April 23rd.

THFF traded down $0.17 during midday trading on Friday, reaching $40.96. 900 shares of the company’s stock traded hands, compared to its average volume of 42,648. The firm has a market capitalization of $513.13 million, a price-to-earnings ratio of 10.78 and a beta of 0.89. First Financial has a 52 week low of $37.41 and a 52 week high of $53.05.

First Financial (NASDAQ:THFF) last announced its earnings results on Tuesday, April 23rd. The bank reported $0.79 EPS for the quarter, missing the Zacks’ consensus estimate of $0.82 by ($0.03). The company had revenue of $37.06 million during the quarter, compared to the consensus estimate of $36.90 million. First Financial had a return on equity of 11.00% and a net margin of 28.30%. On average, analysts anticipate that First Financial will post 3.57 earnings per share for the current fiscal year.

A number of hedge funds have recently modified their holdings of the business. Great West Life Assurance Co. Can raised its stake in First Financial by 1,505.0% during the 4th quarter. Great West Life Assurance Co. Can now owns 1,284 shares of the bank’s stock worth $50,000 after acquiring an additional 1,204 shares in the last quarter. Nisa Investment Advisors LLC increased its stake in First Financial by 268.3% in the fourth quarter. Nisa Investment Advisors LLC now owns 1,510 shares of the bank’s stock valued at $61,000 after purchasing an additional 1,100 shares during the period. BNP Paribas Arbitrage SA increased its stake in First Financial by 326.2% in the first quarter. BNP Paribas Arbitrage SA now owns 2,489 shares of the bank’s stock valued at $105,000 after purchasing an additional 1,905 shares during the period. Public Employees Retirement System of Ohio acquired a new position in First Financial in the fourth quarter valued at $110,000. Finally, SG Americas Securities LLC acquired a new position in First Financial in the first quarter valued at $111,000. 57.73% of the stock is owned by institutional investors.

First Financial Company Profile

First Financial Corporation, through its subsidiaries, provides various financial services. It offers non-interest-bearing demand, interest-bearing demand, savings, time, and other time deposits. The company also provides commercial loans primarily to expand a business or finance asset purchases; residential real estate and residential real estate construction loans; and home equity loans and lines, secured loans, and cash/CD secured and unsecured loans.

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