First Financial Bankshares (NASDAQ:FFIN) posted its quarterly earnings results on Thursday. The company reported $0.62 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.61 by $0.01, ARN reports. During the same quarter last year, the company posted $0.58 earnings per share.
A number of research firms have recently commented on FFIN. Analysts at Zacks upgraded shares of First Financial Bankshares from a “neutral” rating to an “outperform” rating in a research note to investors on Wednesday, July 3rd. They now have a $60.60 price target on the stock. On the ratings front, analysts at Macquarie downgraded shares of First Financial Bankshares from a “neutral” rating to an “underperform” rating in a research note to investors on Wednesday, June 26th. Finally, analysts at Keefe, Bruyette & Woods raised their price target on shares of First Financial Bankshares from $41.00 to $47.00 in a research note to investors on Friday, April 19th. They now have a “market perform” rating on the stock.
Shares of First Financial Bankshares (NASDAQ: FFIN) traded up 1.22% during mid-day trading on Thursday, hitting $61.55. First Financial Bankshares has a one year low of $33.49 and a one year high of $62.56. The stock’s 50-day moving average is currently $57.12. The company has a market cap of $1.923 billion and a P/E ratio of 25.52.
First Financial Bankshares, Inc is a financial holding company. Through the Company’s subsidiary banks, it conducts a full-service commercial banking business.