Barclays has recently raised Flagstar Financial Inc (FLG) stock to Overweight rating, as announced on September 26, 2024, according to Finviz. Earlier, on May 1, 2024, Wedbush had raised the stock from a Underperform to Neutral, setting a price target of $3.50 for FLG stock. Piper Sandler also raised Overweight rating with a price target of $4. Additionally, Raymond James reduced Underperform rating on March 18, 2024, with a target price of $3. Barclays analysts, in their report published on March 8, 2024, also initiated Equal Weight rating and set a price target of $4 for Flagstar Financial Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Flagstar Financial Inc (FLG) Stock Trading Recap
On Tuesday, Flagstar Financial Inc (FLG) stock saw a decline, ending the day at $11.81 which represents a decrease of $-0.47 or -3.83% from the prior close of $12.28. The stock opened at $12.12 and touched a low of $11.62 during the day, reaching a high of $12.14. The volume of shares traded was 4.45 million falling short of the average volume of 6.25 million.
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FLG Stock Performance and Moving Averages
In recent trading, Flagstar Financial Inc (FLG) stock price has shown some volatility, fluctuating 8.45% over the last five trades and 11.31% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 21.50%, and it has gained 11.21% in the previous three months. Currently, FLG is trading at 7.42%, 5.50%, and 11.28% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, FLG, a Banks – Regional sector stock, is trading -65.74% below its 52-week high but remains 131.57% above its 52-week low. The Average True Range (ATR) (14 days) of 0.6 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Flagstar Financial Inc’s Profitability and Valuation Ratios
Flagstar Financial Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of -21.80% and a profit margin of -56.90%, with a gross margin of 21.50%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Flagstar Financial Inc’s market capitalization stands at $109.89 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. Additionally, the Price-to-Sales Ratio is 0.02, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 0.61, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 27.21% of Flagstar Financial Inc (FLG)’s shares, while financial institutions hold 56.25%.
