First Western Financial, Inc. to Report Third Quarter 2024 Financial Results on Thursday, October 24
MYFW Stock | USD 19.39 0.10 0.52% |
Slightly above 55% of First Western's investor base is interested to short. The analysis of overall sentiment of trading First Western Financial stock suggests that many investors are impartial at this time. First Western's investing sentiment can be driven by a variety of factors including economic data, First Western's earnings reports, geopolitical events, and overall market trends.
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DENVER, Oct. 04, 2024 -- First Western Financial, Inc. , a financial services holding company headquartered in Denver, Colorado , announced today that it will release financial results for its third quarter ended September 30, 2024 after the markets close on Thursday, October 24, 2024. Management will hold a conference call at 1000 a.m. Mountain Time1200 p.m. Eastern Time on Friday, October 25, 2024, to discuss First Westerns financial results.
Read at finance.yahoo.com
First Western Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards First Western 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.
First Western Fundamental Analysis
We analyze First Western's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of First Western using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of First Western based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Cash And Equivalents
Cash And Equivalents Comparative Analysis
First Western is currently under evaluation in cash and equivalents category among its peers. Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
First Western Financial Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with First Western stock to make a market-neutral strategy. Peer analysis of First Western could also be used in its relative valuation, which is a method of valuing First Western by comparing valuation metrics with similar companies.
Peers
First Western Related Equities
FCAP | First Capital | 1.40 | ||||
FFNW | First Financial | 0.57 | ||||
CWBC | Community West | 0.46 | ||||
FNWB | First Northwest | 0.30 | ||||
HTBI | HomeTrust Bancshares | 0.29 | ||||
HFBL | Home Federal | 0.31 | ||||
CFBK | CF Bankshares | 0.77 |
Additional Tools for First Stock Analysis
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