First Bancorp FBP was a big mover last session, as its shares rose almost 6% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend for the company since May 15, as the stock is now trading above the volatile price range of $4.89 to $5.20.
In the last 30-day frame, the company did not witness any estimate revision while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.
First Bancorp currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked regional banks include Capital City Bank Group Inc. CCBG, Customers Bancorp, Inc. CUBI and Middleburg Financial Corporation MBRG. All three sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
FIRST BNCRP P R FBP: Free Stock Analysis Report
CAPITAL CITY BK CCBG: Free Stock Analysis Report
CUSTOMERS BANCP CUBI: Free Stock Analysis Report
MIDDLEBURG FINL MBRG: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
Market News and Data brought to you by Benzinga APIsIn the last 30-day frame, the company did not witness any estimate revision while the Zacks Consensus Estimate moved lower, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.
First Bancorp currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Other better-ranked regional banks include Capital City Bank Group Inc. CCBG, Customers Bancorp, Inc. CUBI and Middleburg Financial Corporation MBRG. All three sport a Zacks Rank #1 (Strong Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
FIRST BNCRP P R FBP: Free Stock Analysis Report
CAPITAL CITY BK CCBG: Free Stock Analysis Report
CUSTOMERS BANCP CUBI: Free Stock Analysis Report
MIDDLEBURG FINL MBRG: Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in