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Company name First Financial Bancorp
Stock ticker FFBC
Live stock price [stckqut]FFBC[/stckqut]
P/E compared to competitors Good

MANAGEMENT EXECUTION

Employee productivity Good
Sales growth Poor
EPS growth Good
P/E growth Poor
EBIT growth Good

ANALYSIS

Confident Investor Rating Fair
Target stock price (TWCA growth scenario) $19
Target stock price (averages with growth) $14.07
Target stock price (averages with no growth) $7.31
Target stock price (manual assumptions) $16.8

The following company description is from Google Finance: http://www.google.com/finance?q=ffbc

First Financial Bancorp is a regional bank holding company. The Company, through its wholly owned subsidiary, First Financial Bank, National Association (the Bank), is engaged in the business of commercial banking, and other banking and banking-related activities. The range of banking services provided by First Financial to individuals and businesses includes commercial lending, real estate lending, and consumer financing. The Company also offers deposit products that include interest-bearing and non-interest-bearing accounts, time deposits and cash management services for commercial customers. Its Wealth Management division offers a range of trust and asset management services. The Company offers a variety of loans, including commercial lines of credit, commercial term loans, real estate, construction, home equity, consumer and other loans. First Financial also offers lease and equipment financing through a wholly owned subsidiary of the Bank, First Financial Equipment Finance LLC.

 

Confident Investor comments: At this time, I think that a Confident Investor can cautiously invest in First Financial Bancorp as long as the price is correct. Most of the fundamentals of this company are good but there are some concerns. I am taking this company off of my Watch List as its performance doesn’t match the other investments that are possible.

If you would like to understand how to evaluate companies like I do on this site, please read my book, The Confident Investor. You can review the best companies that I have found (and I probably invest my own money in most of these companies) in my Watch List.

How was this analysis of First Financial Bancorp calculated?

For owners of my book, “The Confident Investor” I offer the following analysis (you must be logged in to this site as a book owner in order to see the following analysis). If you have registered and cannot see the balance of this article, make sure you are logged in and refresh your browser.
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In order to assist you in using the techniques of this book, the values that I used when calculating the Manual pricing above were:

  • Stock price at the time of the calculation: $16.78
  • Growth: 0.1
  • Current EPS (TTM): $1.12
  • P/E: 15
  • Future EPS Calc: $1.8
  • Future Stock Price Calc: $27.05
  • Target stock price: $16.8

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I hope that this makes you a Confident Investor.

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Cirrus Logic Inc. [stckqut]CRUS[/stckqut] is a semiconductor company that could be an interesting play for investors. That is because, not only does the stock have decent short-term momentum, but it is seeing solid activity on the earnings estimate revision front as well.

These positive earnings estimate revisions suggest that analysts are becoming more optimistic on CRUS’s earnings for the coming quarter and year. In fact, consensus estimates have moved sharply higher for both of these time frames over the past four weeks, suggesting that Cirrus Logic could be a solid choice for investors.

In the past 60 days, [one] estimate [has] gone higher for Cirrus Logic while none have gone lower in the same time period. The trend has been pretty favorable too, with estimates increasing from 7 cents a share 30 days ago, to 23 today, a significant move.

Source: Why Cirrus Logic (CRUS) Could Be Positioned for a Surge? – May 4, 2015 – Zacks.com