Alert: Negative Investment/Fundamental Signals (11/30/23)-First Foundation Inc (NYSE: FFWM)


Extremely important negative changes in investment behavior have recently occurred for First Foundation Inc (NYSE: FFWM): negative upside/downside volume developed, and the stock fell on very heavy volume.

First Foundation Inc (NYSE: FFWM). Important negative changes in fundamentals have recently occurred: the consensus estimate for December, 2023 decreased significantly, and the consensus estimate for December, 2024 decreased significantly.

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


Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, FFWM is expected to be Value Creation neutral.

First Foundation has a current Value Trend Rating of C (Neutral). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. First Foundation has a good Appreciation Score of 83 but a poor Power Rating of 24, triggering the Neutral Value Trend Rating.

Recent Price Action

First Foundation Inc (NYSE: FFWM) stock closed at $5.88 on 11/30/23 after a modest decline of -2.0%. Moreover, trading volume in this decline was exceptionally high at 217% of normal. The stock is unchanged during the last week and has been weak relative to the market over the last nine months.

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