First Savings Financial (FSFG) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
First Savings Financial faces a potential business risk associated with its stock repurchase program, which was authorized to acquire up to 356,220 shares, or 5.0% of its outstanding common stock. Despite this initiative, the company has only repurchased 10,930 shares by the end of December 2024, indicating a slow pace towards achieving the program’s objectives. This sluggish progress may suggest inefficiencies or strategic reevaluations within the company, possibly impacting investor confidence and share price stability. The lack of new trading arrangements by directors or executives under SEC Rule 10b5-1 during this period could also raise questions about the company’s internal trading strategy and future market maneuvers.
The average FSFG stock price target is $29.00, implying 17.17% upside potential.
To learn more about First Savings Financial’s risk factors, click here.