FRC stock: buy or sell?
March 27th, 2020
First Republic Bank, together with its subsidiaries, provides private banking, private business banking, real estate lending, and wealth management services to clients in metropolitan areas of the United States.
Should I buy FRC stock?Make a decision about when to buy or sell stocks is one of the hardest parts of being a trader or investor. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
None of our preferred buy setups matches with FIRST REPUBLIC BANK stock situation right now, therefore this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is FIRST REPUBLIC BANK stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't detect any rating for FRC stock for the last 30 days.
FRC stock analysis
Shares of FIRST REPUBLIC BANK ended yesterday at $82.34 and inched a decent 1.17%.
FIRST REPUBLIC BANK shares inched 1.17% to $82.34 yesterday. Since price and SMA200d lines crossed down on March/5, FRC fell $-22.37 per share (-21.36%). Since December when SMA100d and SMA200d crossed up, FRC price slipped $-32.35 per share (-28.21%). FRC marked a lower low and a lower high in the short term, defining a downward trend. Climbing above $97.15 would break this short term down trend and open possibilities for reversing this situation. On January, FRC hit a new all time high, pushing higher than on December tops. Check different trading setups that use ATHs as triggers.
After sliding a spooky -21.67% in a week last week, FIRST REPUBLIC BANK closed this week at $82.34 and escalated a more than good 3.48%.
FIRST REPUBLIC BANK finally fell through the support and now is sliding further into fresh lows looking for new supports. Not so far away is the last price record FIRST REPUBLIC BANK marked by mid January, but since then it dropped a 32.59%. Since late February, when FRC stock price broke down the 40-weeks moving avarage line, it slid $-34.28 per share (-29.39%). Stocks below the 200 days moving average line are usually not recommended for average traders. Since SMA20w and SMA40w crossed up early December, FRC price slid a -26.70%.
FRC stock price history
FRC stock went public on December 9th, 2010 with a price of $21.291. Since then, FRC stock surged a 286.80%, with an average of 31.90% per year. If you had invested right after FRC's IPO a $1,000 in FRC stock in 2010, it would worth $2,868.00 today.
1: Adjusted price after possible price splits or reverse-splits.
FRC stock historical price chart
FRC stock reached all-time highs on January with a price of $122.14.
FRC stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' FRC stock price predictions in the hope that they will be met as they may be wrong and not met. For the last month we have not detected any price target for FIRST REPUBLIC BANK stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter presenting its last earnings report on April, FIRST REPUBLIC BANK . As soon as we get its actual EPS from the earnings report, we will update this review.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw an extraordinary growth of 16.58% to $3,012.96 M dollars. By contrast, its earnings margin (compared to sales) stayed constant to 28.34%, that is $853.83 million. To have an updated picture of the financial situation of FIRST REPUBLIC BANK, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual FIRST REPUBLIC BANK TTM sales up to were $2,298.47 and earnings were $654.75 million USD. If we compare this TTM figures with the last reported annuality, we can esteem FIRST REPUBLIC BANK business evolution since December 2018: Annual revenues up to , compared to lastest yearly report, plunged a hair-raising -23.71%. In contrary, profit margin (net income/revenues) remained constant at 28.34%.
|2014||$1,649 M||-||$487 M29.5%||-|
|2015||$1,822 M||10.51%||$522 M28.7%||7.22%|
|2016||$2,190 M||20.15%||$673 M30.8%||28.97%|
|2017||$2,584 M||18.03%||$758 M29.3%||12.51%|
|2018||$3,013 M||16.58%||$854 M28.3%||12.69%|
|TTM||$2,298 M||-23.71%||$655 M28.5%||-23.32%|
Quarterly financial resultsFIRST REPUBLIC BANK posted M in sales for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter earnings marked M with a profit margin of . Profit margin remained stable a 0.00% compared to previous quarter when profit margin was 28.89%. When comparing turnover to same quarter last year, FIRST REPUBLIC BANK sales marked a frightening loss and plummed a -100.00%.
|2017-Q3||$664 M||-||$200 M30.1%||-|
|2017-Q4||$692 M||4.20%||$194 M28.1%||-2.87%|
|2018-Q1||$714 M||3.31%||$199 M27.9%||2.47%|
|2018-Q2||$736 M||3.05%||$210 M28.5%||5.37%|
|2018-Q3||$761 M||3.36%||$214 M28.1%||1.79%|
|2018-Q4||$801 M||5.25%||$231 M28.9%||8.37%|
FIRST REPUBLIC BANK ownershipWhen you are planning to buy shares of a stock, it's worth to review its ownership structure.
FIRST REPUBLIC BANK shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.95% of all shares.
Bearish positions for FRC stock account 0.00%, no big difference from last month.
For a better context understanding, the next table shows ownership data compared to other related stocks:
|Market cap||$13.9 B|
|Total shares||168.6 M|
|Float shares||169.7 M|
|- Institutional holdings (%)||105.7%|
|- Insider holdings (%)||0.9%|
|Shares in short selling||0.0%|
|Friday, March 27th, 2020|
|Day range||$77.58 - $85.00|
|Average true range||$9.65|
|50d mov avg||$104.51|
|100d mov avg||$108.70|
|200d mov avg||$102.39|
FIRST REPUBLIC BANK performanceTo measure stock performance is always good to benchmark with competitors or related stocks. We picked as the bechmarking frame for FIRST REPUBLIC BANK stock.