Alert: Negative Investment/Fundamental Signals (11/10/23)-First Guaranty Bancshares Inc (NASDAQ: FGBI)


Recent significant negative changes in fundamentals have impacted First Guaranty Bancshares Inc (NASDAQ: FGBI): the consensus estimate for December, 2023 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2024 decreased significantly.

First Guaranty Bancshares Inc (NASDAQ: FGBI) suffers from meaningful negative changes in investment behavior: negative upside/downside volume developed.

In light of these highly negative signals we are reviewing our current Overall Rating of F. We would continue to view the shares with caution pending completion of this review in the next several days.


Current PriceTarget Research Rating

With future capital returns forecasted to be below the cost of capital, FGBI is expected to be a modest Value Eraser.

First Guaranty Bancshares has a current Value Trend Rating of F (Lowest Rating). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. First Guaranty Bancshares has a slightly positive Appreciation Score of 60 but a very low Power Rating of 4, and the Lowest Value Trend Rating results.

Recent Price Action

On 11/10/23, First Guaranty Bancshares Inc (NASDAQ: FGBI) stock suffered a large decline of -2.0%, closing at $9.30. Relative to the market the stock has been extremely weak over the last nine months and has declined -12.1% during the last week.

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