Last Updated: 12 Nov 2024
Executive Summary
Premier Financial Corp. (PFC) is a savings institution headquartered in Defiance, Ohio. The company has a market capitalization of $993.16 million and trades on the NASDAQ exchange under the ticker symbol "PFC." The latest stock price is $28.68.
PFC has a strong financial position with a book value of $28.43 per share and a dividend yield of 0.0447%. The company's earnings per share (EPS) are $1.97, and its trailing price-to-earnings (PE) ratio is 14.07. PFC's return on assets (ROA) is 0.0082%, and its return on equity (ROE) is 0.0729%.
Technically, PFC is in a downtrend, with its 50-day moving average below its 200-day moving average. The stock is currently trading below its 52-week high of $29.11 and above its 52-week low of $17.94.
Company Overview
PFC is a federally chartered savings institution that provides a range of financial products and services to individuals and businesses in Ohio and Michigan. The company's core businesses include:
Retail banking
Commercial banking
Wealth management
Insurance
PFC has a network of 60 branches and 100 ATMs in Ohio and Michigan. The company also has a loan production office in Florida.
Fundamental Analysis
PFC's financial performance has been mixed in recent quarters. The company's revenue has declined slightly over the past year, and its earnings have been volatile. However, PFC's profitability metrics remain strong, and the company has a healthy balance sheet.
PFC's key financial ratios are as follows:
Price-to-earnings (PE) ratio: 14.07
Price-to-book (PB) ratio: 0.975
Return on assets (ROA): 0.0082%
Return on equity (ROE): 0.0729%
PFC's PE ratio is in line with the average for the banking industry. The company's PB ratio is slightly below the industry average, indicating that PFC is undervalued relative to its book value. PFC's ROA and ROE are both below the industry average, but they have improved in recent quarters.
Technical Analysis
PFC's stock is in a downtrend, with its 50-day moving average below its 200-day moving average. The stock is currently trading below its 52-week high of $29.11 and above its 52-week low of $17.94.
PFC's technical indicators are mixed. The stock's relative strength index (RSI) is below 50, indicating that the stock is oversold. However, the stock's moving average convergence divergence (MACD) indicator is above zero, indicating that the stock is in a bullish trend.
Short Term Outlook
PFC's short-term outlook is mixed. The stock is in a downtrend, but its technical indicators are mixed. The company's financial performance has been mixed in recent quarters, but its profitability metrics remain strong.
PFC's short-term outlook will depend on the company's ability to continue to grow its revenue and earnings. The company also needs to improve its ROA and ROE in order to meet the expectations of investors.
Long Term Outlook
PFC's long-term outlook is positive. The company has a strong market position in Ohio and Michigan, and it is well-positioned to benefit from the continued growth of the economy in these states. PFC also has a number of initiatives in place to grow its business, including:
Expanding its branch network
Offering new products and services
Acquiring other banks
PFC's long-term outlook will depend on the company's ability to execute on these initiatives and continue to grow its revenue and earnings.
Analyst Recommendations
The consensus analyst rating for PFC is "Hold." Three analysts have a "Hold" rating on the stock, and one analyst has a "Buy" rating. The average analyst target price for PFC is $25.25.
