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Daily High to Daily Low: Is It Safe to Buy First Horizon Corporation (FHN)?

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First Horizon Corporation (NYSE:FHN) went down by -1.09% from its latest closing price compared to the recent 1-year high of $19.45. The company’s stock price has collected 8.66% of gains in the last five trading sessions. Press Release reported on 12/13/21 that First Horizon Corporation to Announce Fourth Quarter and Full Year Financial Results on January 20, 2022

Is It Worth Investing in First Horizon Corporation (NYSE :FHN) Right Now?

First Horizon Corporation (NYSE:FHN) scored a price-to-earnings ratio above its average ratio, recording 10.33 x from its present earnings ratio. Plus, the 36-month beta value for FHN is at 1.40. Opinions of the stock are interesting as 10 analysts out of 14 who provided ratings for First Horizon Corporation declared the stock was a “buy,” while 2 rated the stock as “overweight,” 2 rated it as “hold,” and 0 as “sell.”


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The average price from analysts is $19.73, which is $1.49 above the current price. FHN currently public float of 533.39M and currently shorts hold a 1.80% ratio of that float. Today, the average trading volume of FHN was 3.87M shares.

FHN’s Market Performance

FHN stocks went up by 8.66% for the week, with a monthly jump of 10.98% and a quarterly performance of 9.71%, while its annual performance rate touched 21.75%. The volatility ratio for the week stands at 3.07% while the volatility levels for the past 30 days are set at 2.45% for First Horizon Corporation. The simple moving average for the period of the last 20 days is 10.54% for FHN stocks with a simple moving average of 7.43% for the last 200 days.

Analysts’ Opinion of FHN

Many brokerage firms have already submitted their reports for FHN stocks, with Raymond James repeating the rating for FHN by listing it as a “Outperform.” The predicted price for FHN in the upcoming period, according to Raymond James is $19 based on the research report published on October 07th of the previous year 2021.

UBS, on the other hand, stated in their research note that they expect to see FHN reach a price target of $17, previously predicting the price at $20. The rating they have provided for FHN stocks is “Neutral” according to the report published on September 08th, 2021.

Hovde Group gave a rating of “Outperform” to FHN, setting the target price at $20 in the report published on June 23rd of the previous year.

FHN Trading at 8.67% from the 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, the company was unable to rebound, for now settling with -6.48% of loss for the given period.

Volatility was left at 2.45%, however, over the last 30 days, the volatility rate increased by 3.07%, as shares surge +11.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.82% upper at present.

During the last 5 trading sessions, FHN rose by +8.66%, which changed the moving average for the period of 200-days by +5.45% in comparison to the 20-day moving average, which settled at $16.55. In addition, First Horizon Corporation saw 11.39% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at FHN starting from Losch William C III, who sale 22,684 shares at the price of $15.66 back on Jul 29. After this action, Losch William C III now owns 383,208 shares of First Horizon Corporation, valued at $355,298 using the latest closing price.

Springfield Susan L, the Sr EVP & Chief Credit Officer of First Horizon Corporation, sale 58,495 shares at $18.47 during a trade that took place back on May 13, which means that Springfield Susan L is holding 244,316 shares at $1,080,686 based on the most recent closing price.

Stock Fundamentals for FHN

Current profitability levels for the company are sitting at:

  • +32.38 for the present operating margin

The net margin for First Horizon Corporation stands at +24.81. The total capital return value is set at 9.94, while invested capital returns managed to touch 10.98. Equity return is now at value 12.80, with 1.10 for asset returns.

Based on First Horizon Corporation (FHN), the company’s capital structure generated 53.41 points at debt to equity in total, while total debt to capital is 34.81. Total debt to assets is 5.08, with long-term debt to equity ratio resting at 27.59. Finally, the long-term debt to capital ratio is 16.93.

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When we switch over and look at the enterprise to sales, we see a ratio of 1.39, with the company’s debt to enterprise value settled at 4.17. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.46.

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