First Stock Buy Hold or Sell Recommendation

FNLC
 Stock
  

USD 30.31  0.18  0.60%   

Given the investment horizon of 90 days and your way above-average risk tolerance, our recommendation regarding First Bancorp is 'Strong Buy'. Macroaxis provides First Bancorp buy-hold-or-sell recommendation only in the context of selected investment horizon and investor attitude towards risk assumed by holding FNLC positions. The advice algorithm takes into account all of First Bancorp's available fundamental, technical, and predictive indicators you will find on this site.
  
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The advice is provided from First Bancorp's buy-and-hold perspective. Please check First Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. We conduct extensive research on individual companies such as First and provide practical buy, sell, or hold advice based on selected investing horizon and risk tolerance towards First Bancorp.

Execute First Bancorp Buy or Sell Advice

The First recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on First Bancorp. Macroaxis does not own or have any residual interests in First Bancorp or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute First Bancorp's advice using the current market data and latest reported fundamentals.

Time Horizon

Risk Tolerance

Execute Advice
Sell First BancorpBuy First Bancorp
Strong Buy

Volatility

Very steadyDetails

Hype Condition

Low keyDetails

Current Valuation

UndervaluedDetails

Odds of Distress

Below AverageDetails

Economic Sensitivity

Follows the market closelyDetails

Analyst Consensus

Not AvailableDetails

Financial Strenth (F Score)

PoorDetails

Financial Leverage

InapplicableDetails

Reporting Quality (M-Score)

Unlikely ManipulatorDetails
For the selected time horizon First Bancorp has a Risk Adjusted Performance of 0.022, Jensen Alpha of 0.126, Total Risk Alpha of 0.2053, Sortino Ratio of 0.1434 and Treynor Ratio of 0.0204
Our advice module can be used to complement First Bancorp investment recommendation provided by average analyst sentiment. It analyzes the company's potential to grow using fundamental, technical, data market data available at the time. To make sure First Bancorp is not overpriced, please confirm all First Bancorp fundamentals, including its cash and equivalents, short ratio, and the relationship between the gross profit and debt to equity . Given that First Bancorp has a number of shares shorted of 148.62 K, we urge you to verify First Bancorp market performance and probability of bankruptcy to ensure the company can sustain itself in the current economic cycle given your prevailing risk tolerance and investing horizon.

First Bancorp Trading Alerts and Improvement Suggestions

First Bancorp has a poor financial position based on the latest SEC disclosures
Latest headline from www.americanbanker.com: Latest banking news, June 24, 2022 - American Banker

First Bancorp Returns Distribution Density

The distribution of First Bancorp's historical returns is an attempt to chart the future uncertainty of First Bancorp's future price movements. The chart of the probability distribution of First Bancorp stock daily returns describes the distribution of returns around its average expected value. We use First Bancorp price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of First Bancorp returns is essential to provide solid investment advice for First Bancorp stock.
Mean Return0.0221Value At Risk-2.47
Potential Upside2.75Standard Deviation1.43
 Return Density 
      Distribution 
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of First Bancorp historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.

First Stock Institutional Investors

Have you ever been surprised when a price of an equity instrument such as First Bancorp is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading First Bancorp backward and forwards among themselves. First Bancorp's institutional investor refers to the entity that pools money to purchase First Bancorp's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Security TypeSharesValue
First Bancorp IncCommon Shares738.3 K22.2 M
Blackrock IncCommon Shares705.8 K21.2 M
Vanguard Group IncCommon Shares468.9 K14.1 M
Dimensional Fund Advisors LpCommon Shares446.8 K13.4 M
Manufacturers Life Insurance Company TheCommon Shares430.4 K12.9 M
State Street CorpCommon Shares188.7 K5.7 M
Renaissance Technologies LlcCommon Shares166.8 KM
Note, although First Bancorp's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

First Bancorp Cash Flow Accounts

201720182019202020212022 (projected)
Capital Expenditure(2.06 M)(1.48 M)(1.57 M)(2.47 M)(3.75 M)(3.85 M)
Depreciation Amortization and Accretion1.86 M1.79 M1.94 M2.22 M2.04 M2.09 M
Net Cash Flow or Change in Cash and Cash Equivalents1.84 M(73 K)(4.7 M)11.78 M(5.58 M)(5.72 M)
Issuance Purchase of Equity Shares478 K451 K470 K514 K436 K447.47 K
Issuance Repayment of Debt Securities(50.14 M)(18.44 M)(25.36 M)77.08 M(125.7 M)(129 M)
Payment of Dividends and Other Cash Distributions(11.46 M)(12.05 M)(12.96 M)(13.33 M)(13.95 M)(15.05 M)
Net Cash Flow from Financing109.63 M78.16 M85.53 M239.15 M139.48 M117.81 M
Net Cash Flow from Investing(130.06 M)(112.08 M)(116.28 M)(250.07 M)(201.75 M)(207.06 M)
Net Cash Flow Investment Acquisitions and Disposals(128.61 M)(111.94 M)(115.12 M)(241.36 M)(198.99 M)(204.23 M)
Net Cash Flow from Operations22.27 M33.84 M26.05 M22.7 M56.69 M45.82 M
Share Based Compensation392 K381 K565 K652 K856 K923.58 K

First Bancorp Greeks

Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to First Bancorp or Financial Services sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that First Bancorp stock's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a First stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α
Alpha over DOW
0.13
β
Beta against DOW0.59
σ
Overall volatility
1.46
Ir
Information ratio 0.14

First Bancorp Volatility Alert

First Bancorp has relatively low volatility with skewness of 0.24 and kurtosis of 1.7. However, we advise all investors to independently investigate First Bancorp to ensure all accessible information is consistent with the expectations about its upside potential and future expected returns. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure First Bancorp's stock risk against market volatility during both bullying and bearish trends. The higher level of volatility that comes with bear markets can directly impact First Bancorp's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different stocks as prices fall.

First Bancorp Implied Volatility

First Bancorp's implied volatility exposes the market's sentiment of First Bancorp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if First Bancorp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that First Bancorp stock will not fluctuate a lot when First Bancorp's options are near their expiration.

First Bancorp Fundamentals Vs Peers

Comparing First Bancorp's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze First Bancorp's direct or indirect competition across all of the common fundamentals between First Bancorp and the related equities. This way, we can detect undervalued stocks with similar characteristics as First Bancorp or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of First Bancorp's fundamental indicators could also be used in its relative valuation, which is a method of valuing First Bancorp by comparing valuation metrics with those of similar companies.
    
 Better Than Average     
    
 Worse Than Average Compare First Bancorp to competition
FundamentalsFirst BancorpPeer Average
Return On Equity16.05 %(0.31) %
Return On Asset1.49 %(0.14) %
Profit Margin42.19 %(1.27) %
Operating Margin52.16 %(5.51) %
Current Valuation424.12 M16.62 B
Shares Outstanding11.03 M571.82 M
Shares Owned by Insiders5.71 %10.09 %
Shares Owned by Institutions48.54 %39.21 %
Number of Shares Shorted148.62 K4.71 M
Price to Earning8.99 X28.72 X
Price to Book1.43 X9.51 X
Price to Sales3.81 X11.42 X
Revenue87.82 M9.43 B
Gross Profit86.06 M27.38 B
EBITDA18.77 M3.9 B
Net Income37.05 M570.98 M
Cash and Equivalents43.14 M2.7 B
Cash per Share3.91 X5.01 X
Total Debt137.32 M5.32 B
Debt to Equity8.34 %48.70 %
Book Value Per Share21.19 X1.93 K
Cash Flow from Operations45.48 M971.22 M
Short Ratio9.83 X4.00 X
Earnings Per Share3.37 X3.12 X
Number of Employees26718.84 K
Beta0.53-0.15
Market Capitalization334.24 M19.03 B
Total Asset1.56 B29.47 B
Retained Earnings136.54 M9.33 B
Z Score1.28.72
Five Year Return4.23 %
Last Dividend Paid1.28
   First Bancorp exotic insider transaction detected [view details]

First Bancorp Market Momentum

Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as First . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Accumulation Distribution258.08
Daily Balance Of Power0.3103
Rate Of Daily Change1.01
Day Median Price30.05
Day Typical Price30.14
Market Facilitation Index0.0
Price Action Indicator0.35

About First Bancorp Buy or Sell Advice

When is the right time to buy or sell First Bancorp? Buying financial instruments such as First Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the stock market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Although First Bancorp investors may find it confusing at the beginning, most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
 2019 2020 2021 2022 (projected)
Cash and Equivalents25.74 M82.36 M87.31 M94.21 M
Total Assets2.07 B2.36 B2.53 B2.37 B

Use Investing Ideas to Build Portfolios

In addition to having First Bancorp in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run Real Estate Thematic Idea Now

Real Estate
Real Estate Theme
Fama and French investing themes focus on testing asset pricing under different economic assumptions. The Real Estate theme has 61 constituents.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Real Estate Theme or any other thematic opportunities.
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Please check First Bancorp Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note that the First Bancorp information on this page should be used as a complementary analysis to other First Bancorp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

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Is First Bancorp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of First Bancorp. If investors know First will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about First Bancorp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.086
Market Capitalization
334.2 M
Quarterly Revenue Growth YOY
0.085
Return On Assets
0.0149
Return On Equity
0.16
The market value of First Bancorp is measured differently than its book value, which is the value of First that is recorded on the company's balance sheet. Investors also form their own opinion of First Bancorp's value that differs from its market value or its book value, called intrinsic value, which is First Bancorp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because First Bancorp's market value can be influenced by many factors that don't directly affect First Bancorp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between First Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine First Bancorp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, First Bancorp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.