First Horizon National Corporation (NYSE:FHN) went down by -0.87% from its latest closing price when compared to the 1-year high value of $17.42 and move down -9.28%, while FHN stocks collected -1.30% of loss with the last five trading sessions. Press Release reported on 11/13/19 that First Horizon Named One of America’s Most JUST Companies by Forbes and JUST Capital
First Horizon National Corporation (NYSE:FHN) Worth an Investment?
First Horizon National Corporation (NYSE: FHN) scored price to earnings ratio above its average ratio, recording 12.23 times of increase in earnings at the present.
FHN Market Performance
FHN stocks went down by -0.62% for the week, with the monthly drop of -0.19% and a quarterly performance of 3.51%, while its annual performance rate touched -2.15%. The simple moving average for the period of the last 20 days is -3.31% for FHN stocks with the simple moving average of 3.99% for the last 200 days.
Analysts’ Opinion on First Horizon National Corporation (NYSE:FHN)
Many brokerage firms have already submitted their reports for FHN stocks, with BofA/Merrill repeating the rating for FHN shares by setting it to “Buy”. The predicted price for FHN socks in the upcoming period according to BofA/Merrill is $25 based on the research report published on November 5, 2019.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see FHN stock at the price of $17.50, previously predicting the value of $17. The rating they have provided for FHN stocks is “Mkt Perform” according to the report published on October 17, 2019.
Raymond James gave “ Outperform” rating to FHN stocks, setting the target price at $18 in the report published on August 29, 2019.
FHN Stocks -1.54% Far from 50 Day Moving Average
After a stumble in the market that brought FHN to its low price for the period of the last 52 weeks, First Horizon National Corporation was unable to take a rebound, for now settling with -8.50% of loss for the given period.
The stock volatility was left at 1.67%, however, within the period of a single month, the volatility rate increased by 1.35%, while the shares sank at the distance of -2.27% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -2.33% lower at the present time.
In the course of the last 5 trading sessions, FHN went down by -1.30%, which changed the moving average for the period of 200 days to the total of +2.31% of gains for the stock in comparison to the 20-day moving average settled at $16.47. In addition, First Horizon National Corporation saw 21.12% in overturn over the period of a single year with a tendency to cut further gains.
FHN Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at First Horizon National Corporation (FHN), starting from Valine Yousef A., who sold 28,249 shares at the price of $17.12 back on Nov 05. After this action, Rushing now owns 201,122 shares of First Horizon National Corporation, valued at $483,623 with the latest closing price.
Valine Yousef A., the EVP, Chief Op. & Risk Officer of First Horizon National Corporation, sold 38,817 shares at the value of $16.03 during a trade that took place back on Aug 08, which means that Valine Yousef A. is holding 201,122 shares at the value of $622,120 based on the most recent closing price.
FHN Stock Fundamentals
The current profitability levels are settled at +31.57 for the present operating margin. The net margin for First Horizon National Corporation stands at +24.07. Total capital return value is set at 8.15, while invested capital returns managed to touch 10.13. Equity return holds the value 9.20%, with 1.00% for asset returns.
Based on First Horizon National Corporation (FHN), the company’s capital structure generated 58.80 points for debt to equity in total, while total debt to capital is set at the value of 37.03.
The value for Enterprise to Sales is 3.12 with debt to enterprise value settled at 0.40. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.14.