First Horizon Corporation (FHN)’s latest performance is not what we had anticipated

First Horizon Corporation (NYSE: FHN) on Friday, soared 0.19% from the previous trading day, before settling in for the closing price of $21.09. Within the past 52 weeks, FHN’s price has moved between $11.87 and $21.72.

It was noted that within the last five years, the titan of the Financial sector saw sales topped by 17.79%. The company achieved an average annual earnings per share of -2.51%. With a float of $523.48 million, this company’s outstanding shares have now reached $558.84 million.

The extent of productivity of a business whose workforce counts for 7249 workers is very important to gauge. In terms of profitability, gross margin is 94.56%, operating margin of 18.37%, and the pretax margin is 21.14%.

First Horizon Corporation (FHN) Insider Updates

Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of First Horizon Corporation is 1.27%, while institutional ownership is 81.46%. The most recent insider transaction that took place on Nov 22 ’24, was worth 165,716. In this transaction EVP & Chief Accounting Officer of this company sold 8,025 shares at a rate of $20.65, taking the stock ownership to the 124,699 shares. Before that another transaction happened on Nov 22 ’24, when Company’s Officer proposed sale 8,025 for $20.65, making the entire transaction worth $165,717.

First Horizon Corporation (FHN) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -2.51% 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

First Horizon Corporation (FHN) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.20. Likewise, its price to free cash flow for the trailing twelve months is 7.41.

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 1.57 in one year’s time.

Technical Analysis of First Horizon Corporation (FHN)

The latest stats from [First Horizon Corporation, FHN] show that its last 5-days average volume of 5.05 million was inferior to 6.58 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 67.46%. Additionally, its Average True Range was 0.49.

During the past 100 days, First Horizon Corporation’s (FHN) raw stochastic average was set at 92.01%, which indicates a significant increase from 68.87% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.02% in the past 14 days, which was lower than the 38.83% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $17.75, while its 200-day Moving Average is $15.94. Now, the first resistance to watch is $21.27. This is followed by the second major resistance level at $21.41. The third major resistance level sits at $21.49. If the price goes on to break the first support level at $21.04, it is likely to go to the next support level at $20.96. Assuming the price breaks the second support level, the third support level stands at $20.82.

First Horizon Corporation (NYSE: FHN) Key Stats

Market capitalization of the company is 11.22 billion based on 530,138K outstanding shares. Right now, sales total 5,027 M and income totals 897,000 K. The company made 1,319 M in profit during its latest quarter, and 218,000 K in sales during its previous quarter.