Evaluating FB Financial: Insights From 3 Financial Analysts
Portfolio Pulse from Benzinga Insights
FB Financial (NYSE:FBK) has been analyzed by three analysts, showing a shift towards a more cautious stance in the last 30 days with one indifferent and one somewhat bearish rating, compared to a somewhat bullish rating a month ago. The average 12-month price target is now $40.67, down from $41.00, with analysts from Keefe, Bruyette & Woods, JP Morgan, and Piper Sandler providing recent evaluations. FB Financial's financial performance indicates challenges in revenue growth with a -9.02% decline, but strong profitability metrics like a net margin of 25.23% and high ROE and ROA figures.
April 17, 2024 | 6:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
FB Financial has received mixed reviews from analysts, with a slight decrease in the average price target to $40.67. Despite facing revenue growth issues, the company demonstrates strong profitability and financial health.
The mixed analyst ratings and slight decrease in the average price target suggest a cautious but not negative outlook for FBK in the short term. The company's strong profitability and financial health metrics, such as high net margin and ROE, may counterbalance the negative impact of the reported revenue decline, leading to a neutral short-term price direction.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100