First Financial Corporation Indiana (THFF) Hit a 52 Week High, Can the Run Continue?

Core Viewpoint - First Financial Corp. (THFF) has shown strong stock performance, with a 12.1% increase over the past month and reaching a new 52-week high of $69.21, outperforming the Zacks Finance sector and the Zacks Banks - Midwest industry [1]. Performance Summary - The stock has consistently beaten earnings estimates, reporting an EPS of $1.81 against a consensus estimate of $1.69 in its last earnings report [2]. - Year-to-date, First Financial Corp. has gained 12%, compared to a 1.8% increase in the Zacks Finance sector and an 11.1% return in the Zacks Banks - Midwest industry [1]. Valuation Metrics - The stock trades at 9.3X current fiscal year EPS estimates, below the peer industry average of 10.5X, and at 12.9X on a trailing cash flow basis, compared to the peer group's average of 11.4X [6]. - The current valuation metrics suggest that the company may not be in the top tier from a value perspective [6]. Zacks Style Scores - First Financial Corp. has a Value Score of B, a Growth Score of D, and a Momentum Score of A, resulting in a combined VGM Score of B [5]. - The Zacks Style Scores provide a framework for investors to evaluate stocks based on their investment style [4]. Zacks Rank - First Financial Corp. holds a Zacks Rank of 2 (Buy), supported by rising earnings estimates, indicating potential for further stock price appreciation [7]. - The recommendation is for investors to consider stocks with Zacks Rank of 1 (Strong Buy) or 2 (Buy) and Style Scores of A or B, which applies to First Financial Corp. [7].