Wednesday, February 24, 2021

FB Financial Corporation [FBK] Revenue clocked in at $280.20 million, down -23.92% YTD: What’s Next?

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FB Financial Corporation [NYSE: FBK] price surged by 5.28 percent to reach at $1.51. The company report on August 11, 2020 that Builders FirstSource Set to Join S&P MidCap 400; FB Financial & CoreCivic to Join S&P SmallCap 600.

S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 and S&P MidCap 400 effective prior to the opening of trading on Monday, August 17:.


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FB Financial Corp. (NYSE:FBK) will replace Franklin Financial Network Inc. (NYSE:FSB) in the S&P SmallCap 600. FB Financial (NYSE: FBK) is acquiring Franklin Financial Network in a deal expected to be completed soon pending final conditions.

A sum of 1191788 shares traded at recent session while its average daily volume was at 149.93K shares. FB Financial Corporation shares reached a high of $31.6599 and dropped to a low of $29.05 until finishing in the latest session at $30.12.

The one-year FBK stock forecast points to a potential downside of -7.88. The average equity rating for FBK stock is currently 2.40, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on FB Financial Corporation [FBK]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FBK shares is $27.92 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FBK stock is a recommendation set at 2.40. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

The Average True Range (ATR) for FB Financial Corporation is set at 1.25, with the Price to Sales ratio for FBK stock in the period of the last 12 months amounting to 3.32. The Price to Book ratio for the last quarter was 1.20, with the Price to Cash per share for the same quarter was set at 14.30. Price to Free Cash Flow for FBK in the course of the last twelve months was 19.75.

FBK Stock Performance Analysis:

FB Financial Corporation [FBK] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 18.16. With this latest performance, FBK shares gained by 31.53% in over the last four-week period, additionally sinking by -18.42% over the last 6 months – not to mention a drop of -16.84% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FBK stock in for the last two-week period is set at 73.95, with the RSI for the last a single of trading hit 82.19, and the three-weeks RSI is set at 68.06 for FB Financial Corporation [FBK]. The present Moving Average for the last 50 days of trading for this stock 24.80, while it was recorded at 27.66 for the last single week of trading, and 29.40 for the last 200 days.

Insight into FB Financial Corporation Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and FB Financial Corporation [FBK] shares currently have an operating margin of +28.33. FB Financial Corporation’s Net Margin is presently recorded at +20.66.

Return on Total Capital for FBK is now 11.48, given the latest momentum, and Return on Invested Capital for the company is 9.99. Return on Equity for this stock inclined to 11.69, with Return on Assets sitting at 1.48. When it comes to the capital structure of this company, FB Financial Corporation [FBK] has a Total Debt to Total Equity ratio set at 44.63. Additionally, FBK Total Debt to Total Capital is recorded at 30.86, with Total Debt to Total Assets ending up at 5.53. Long-Term Debt to Equity for the company is recorded at 27.68, with the Long-Term Debt to Total Capital now at 19.14.

Reflecting on the efficiency of the workforce at the company, FB Financial Corporation [FBK] managed to generate an average of $59,910 per employee.

FBK Stock EPS

With the latest financial reports released by the company, FB Financial Corporation posted 0.77/share EPS, while the average EPS was predicted by analysts to be reported at 0.72/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FBK.

FB Financial Corporation [FBK] Insider Position Details

There are presently around $525 million, or 55.20% of FBK stock, in the hands of institutional investors. The top three institutional holders of FBK stocks are: PRICE T ROWE ASSOCIATES INC /MD/ with ownership of 4,191,920, which is approximately 5.993% of the company’s market cap and around 44.40% of the total institutional ownership; JANUS HENDERSON GROUP PLC, holding 1,475,338 shares of the stock with an approximate value of $44.44 million in FBK stocks shares; and GOLDMAN SACHS GROUP INC, currently with $39.81 million in FBK stock with ownership of nearly 3.413% of the company’s market capitalization.

Positions in FB Financial Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 69 institutional holders increased their position in FB Financial Corporation [NYSE:FBK] by around 1,802,348 shares. Additionally, 42 investors decreased positions by around 836,153 shares, while 9 investors held positions by with 14,806,470 shares. The mentioned changes placed institutional holdings at 17,444,971 shares, according to the latest SEC report filing. FBK stock had 21 new institutional investments in for a total of 514,354 shares, while 13 institutional investors sold positions of 247,504 shares during the same period.

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