Is First Trust Stock a Good Investment?
First Trust Investment Advice | FTHY |
- Examine First Trust's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research First Trust's leadership team and their track record. Good management can help First Trust navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Asset Management & Custody Banks space and any emerging trends that could impact First Trust's business and its evolving consumer preferences.
- Compare First Trust's performance and market position to its competitors. Analyze how First Trust is positioned in terms of product offerings, innovation, and market share.
- Check if First Trust pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about First Trust's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in First Trust High stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if First Trust High is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Modest | Details | |
Volatility | Very steady | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Fairly Valued | Details | |
Odds Of Distress | Very Low | Details | |
Economic Sensitivity | Slowly supersedes the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Strong Sell | Details | |
Financial Strenth (F Score) | Strong | Details | |
Financial Leverage | Inapplicable | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine First Trust Stock
Researching First Trust's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 49.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.96. Some equities with similar Price to Book (P/B) outperform the market in the long run. First Trust High last dividend was issued on the 2nd of October 2023.
To determine if First Trust is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding First Trust's research are outlined below:
| First Trust High has a strong financial position based on the latest SEC filings | |
| On 25th of October 2024 First Trust paid $ 0.13 per share dividend to its current shareholders | |
| Latest headline from gurufocus.com: First Trust High Yield Opportunities 2027 Term Fund Declares its Monthly Common Share ... |
First Trust's market capitalization trends
The company currently falls under 'Small-Cap' category with a current market capitalization of 541.3 M.Market Cap |
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First Trust's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | 0.08 | 0.08 | |
| Return On Capital Employed | 0.08 | 0.08 | |
| Return On Assets | 0.08 | 0.08 | |
| Return On Equity | 0.10 | 0.10 |
Determining First Trust's profitability involves analyzing its financial statements and using various financial metrics to determine if First Trust is a good buy. For example, gross profit margin measures First Trust's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of First Trust's profitability and make more informed investment decisions.
Please note, the imprecision that can be found in First Trust's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of First Trust High. Check First Trust's Beneish M Score to see the likelihood of First Trust's management manipulating its earnings.
Evaluate First Trust's management efficiency
Return On Tangible Assets is likely to rise to 0.08 in 2024. Return On Capital Employed is likely to rise to 0.08 in 2024. At this time, First Trust's Return On Tangible Assets are fairly stable compared to the past year. Return On Assets is likely to rise to 0.08 in 2024, whereas Total Assets are likely to drop slightly above 687 M in 2024. First Trust's management efficiency ratios could be used to measure how well First Trust manages its routine affairs as well as how well it operates its assets and liabilities.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 15.51 | 19.15 | |
| Tangible Book Value Per Share | 15.51 | 19.15 | |
| Enterprise Value Over EBITDA | (22.06) | (23.17) | |
| Price Book Value Ratio | 0.91 | 1.00 | |
| Enterprise Value Multiple | (22.06) | (23.17) | |
| Price Fair Value | 0.91 | 1.00 | |
| Enterprise Value | 642.9 M | 870.9 M |
Examining the leadership quality of First Trust High offers valuable insights into its operational efficiency and financial health. This analysis assists investors in making informed decisions regarding the stock.
Dividend Yield 0.1205 | Forward Dividend Yield 0.1205 | Forward Dividend Rate 1.54 |
Basic technical analysis of First Stock
As of the 23rd of November, First Trust shows the Coefficient Of Variation of 1378.89, mean deviation of 0.3797, and Downside Deviation of 0.497. First Trust High technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.First Trust's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific First Trust insiders, such as employees or executives, is commonly permitted as long as it does not rely on First Trust's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases First Trust insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Understand First Trust's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing First Trust's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0498 | |||
| Market Risk Adjusted Performance | 0.112 | |||
| Mean Deviation | 0.3797 | |||
| Semi Deviation | 0.4013 | |||
| Downside Deviation | 0.497 | |||
| Coefficient Of Variation | 1378.89 | |||
| Standard Deviation | 0.4901 | |||
| Variance | 0.2402 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.102 | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7676 | |||
| Downside Variance | 0.247 | |||
| Semi Variance | 0.161 | |||
| Expected Short fall | (0.45) | |||
| Skewness | 0.0621 | |||
| Kurtosis | 0.2769 |
| Risk Adjusted Performance | 0.0498 | |||
| Market Risk Adjusted Performance | 0.112 | |||
| Mean Deviation | 0.3797 | |||
| Semi Deviation | 0.4013 | |||
| Downside Deviation | 0.497 | |||
| Coefficient Of Variation | 1378.89 | |||
| Standard Deviation | 0.4901 | |||
| Variance | 0.2402 | |||
| Information Ratio | (0.15) | |||
| Jensen Alpha | 6.0E-4 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | 0.102 | |||
| Maximum Drawdown | 2.59 | |||
| Value At Risk | (0.75) | |||
| Potential Upside | 0.7676 | |||
| Downside Variance | 0.247 | |||
| Semi Variance | 0.161 | |||
| Expected Short fall | (0.45) | |||
| Skewness | 0.0621 | |||
| Kurtosis | 0.2769 |
Consider First Trust's intraday indicators
First Trust intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of First Trust stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
First Trust Corporate Filings
| 7th of November 2024 Other Reports | ViewVerify | |
| 24th of October 2024 Other Reports | ViewVerify | |
F4 | 2nd of October 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
| 26th of August 2024 Other Reports | ViewVerify |
First Stock media impact
Far too much social signal, news, headlines, and media speculation about First Trust that are available to investors today. That information is available publicly through First media outlets and privately through word of mouth or via First internal channels. However, regardless of the origin, that massive amount of First data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of First Trust news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of First Trust relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to First Trust's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive First Trust alpha.
First Trust Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards First Trust can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Additional Tools for First Stock Analysis
When running First Trust's price analysis, check to measure First Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy First Trust is operating at the current time. Most of First Trust's value examination focuses on studying past and present price action to predict the probability of First Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move First Trust's price. Additionally, you may evaluate how the addition of First Trust to your portfolios can decrease your overall portfolio volatility.