Live Price Coverage: Is FIRST FINANCIAL NORTHWEST, INC. a Buy? The Stock Reaches All Time High Today

Live Price Coverage: Is FIRST FINANCIAL NORTHWEST, INC. a Buy? The Stock Reaches All Time High Today

The stock of FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) reached all time high today, Nov, 24 and still has $18.74 target or 7.00% above today’s $17.51 share price. This indicates more upside for the $198.47M company. This technical setup was reported by Barchart.com. If the $18.74 PT is reached, the company will be worth $13.89 million more.
Trading stocks at an all time highs is usually a winning strategy. An all time high points to a stock which has the most positive fundamentals ever. Even thought the pullback rate is high, if correct risk management is utilized, investors can trade very well such events. The stock decreased 1.07% or $0.19 on November 23, hitting $17.51. About 22,902 shares traded hands. FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) has risen 29.70% since April 22, 2016 and is uptrending. It has outperformed by 24.29% the S&P500.

Analysts await FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) to report earnings on January, 26. They expect $0.22 earnings per share, up 37.50% or $0.06 from last year’s $0.16 per share. FFNW’s profit will be $2.49M for 19.90 P/E if the $0.22 EPS becomes a reality. After $0.22 actual earnings per share reported by FIRST FINANCIAL NORTHWEST, INC. for the previous quarter, Wall Street now forecasts 0.00% EPS growth.

According to Zacks Investment Research, “FIRST FINANCIAL NORTHWEST, INC. is a Washington corporation headquartered in Renton, Washington. It is the parent company of First Savings Bank Northwest; a Washington chartered stock savings bank that was originally organized in 1923. The Company serves the Puget Sound Region of Washington that includes King, Snohomish and Pierce Counties, through its full-service banking office. The Company is part of the America’s Community Bankers NASDAQ Index.”

Insitutional Activity: The institutional sentiment decreased to 1.19 in 2016 Q2. Its down 1.05, from 2.24 in 2016Q1. The ratio dived, as 7 funds sold all FIRST FINANCIAL NORTHWEST, INC. shares owned while 10 reduced positions. 15 funds bought stakes while 23 increased positions. They now own 4.31 million shares or 15.91% more from 3.72 million shares in 2016Q1.
Us Fincl Bank De holds 0% of its portfolio in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) for 2,250 shares. Brandywine Glob Mgmt Limited Liability holds 0% of its portfolio in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) for 6,050 shares. Dimensional Fund Advsrs L P reported 1.01M shares or 0.01% of all its holdings. Moreover, Punch Inv Mngmt has 0.15% invested in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) for 100,815 shares. Moreover, Blackrock Fund Advsr has 0% invested in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) for 244,023 shares. Geode Cap Mgmt Ltd holds 58,342 shares or 0% of its portfolio. Northern Corporation last reported 102,939 shares in the company. Vanguard Grp Inc holds 457,197 shares or 0% of its portfolio. Acadian Asset Mngmt Ltd Limited Liability Company has 0.01% invested in the company for 104,722 shares. Thomson Horstmann Bryant has invested 0.78% of its portfolio in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW). Creative Planning owns 10,131 shares or 0% of their US portfolio. Bridgeway Cap Mgmt has 183,432 shares for 0.04% of their US portfolio. Bnp Paribas Arbitrage last reported 0% of its portfolio in the stock. Renaissance Techs Limited Liability Corporation has invested 0.01% of its portfolio in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW). The Massachusetts-based State Street has invested 0% in FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW).

More notable recent FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) news were published by: Globenewswire.com which released: “First Financial Northwest, Inc. Announces Appointment of Richard M. Riccobono …” on November 18, 2016, also Globenewswire.com with their article: “First Financial Northwest, Inc. Announces Final Results of Its Self-Tender Offer” published on August 15, 2016, Globenewswire.com published: “First Financial Northwest, Inc. Announces the Adoption of a New Stock …” on September 09, 2016. More interesting news about FIRST FINANCIAL NORTHWEST, INC. (NASDAQ:FFNW) were released by: Nasdaq.com and their article: “First Financial Northwest, Inc. Announces Quarterly Cash Dividend of $0.06 per …” published on November 17, 2016 as well as Globenewswire.com‘s news article titled: “First Financial Northwest, Inc. Announces – First Financial Northwest Bank …” with publication date: June 02, 2016.

FFNW Company Profile

First Financial Northwest, Inc., incorporated on June 1, 2007, is a holding firm for First Financial Northwest Bank (the Bank). The Firm is a savings and loan holding company. The Bank primarily serves the greater Puget Sound region of King and to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through its full-service banking office located in Renton, Washington and branch office in Mill Creek, Washington. The Bank’s business consists of attracting deposits from the public and utilizing these funds to originate one- to four-family residential, multifamily, commercial real estate, construction/land development, business and consumer loans.

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