On Monday, First Horizon Corporation (NYSE: FHN) opened lower -1.16% from the last session, before settling in for the closing price of $17.19. Price fluctuations for FHN have ranged from $10.89 to $17.93 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 17.79%. Company’s average yearly earnings per share was noted -3.08% at the time writing. With a float of $528.57 million, this company’s outstanding shares have now reached $558.84 million.
Considering the fact that the conglomerate employs 7249 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 85.01%, operating margin of 16.52%, and the pretax margin is 19.0%.
First Horizon Corporation (FHN) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of First Horizon Corporation is 1.36%, while institutional ownership is 82.85%. The most recent insider transaction that took place on Nov 01 ’24, was worth 375,943.
First Horizon Corporation (FHN) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 9/30/2024, the company posted 0.32 earnings per share (EPS) for the quarter, besting the agreed prediction (set at 0.3) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.36 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.50% during the next five years compared to -1.32% drop over the previous five years of trading.
First Horizon Corporation (NYSE: FHN) Trading Performance Indicators
Check out the current performance indicators for First Horizon Corporation (FHN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.77. Likewise, its price to free cash flow for the trailing twelve months is 5.83.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.38, a number that is poised to hit 0.38 in the next quarter and is forecasted to reach 1.56 in one year’s time.
Technical Analysis of First Horizon Corporation (FHN)
Compared to the last year’s volume of 6.55 million, its volume of 4.88 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 19.29%. Additionally, its Average True Range was 0.42.
During the past 100 days, First Horizon Corporation’s (FHN) raw stochastic average was set at 75.42%, which indicates a significant increase from 8.70% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.37% in the past 14 days, which was lower than the 32.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.21, while its 200-day Moving Average is $15.40. Nevertheless, the first resistance level for the watch stands at $17.19 in the near term. At $17.38, the stock is likely to face the second major resistance level. The third major resistance level sits at $17.53. If the price goes on to break the first support level at $16.85, it is likely to go to the next support level at $16.70. Now, if the price goes above the second support level, the third support stands at $16.51.
First Horizon Corporation (NYSE: FHN) Key Stats
There are currently 535,893K shares outstanding in the company with a market cap of 9.03 billion. Presently, the company’s annual sales total 5,027 M according to its annual income of 897,000 K. Last quarter, the company’s sales amounted to 1,319 M and its income totaled 218,000 K.
