The stock of Fidelity National Financial Inc (FNF) has seen a 1.48% increase in the past week, with a 4.76% gain in the past month, and a 7.28% flourish in the past quarter. The volatility ratio for the week is 2.19%, and the volatility levels for the past 30 days are at 2.10% for FNF. The simple moving average for the last 20 days is 2.69% for FNF’s stock, with a simple moving average of 18.61% for the last 200 days.
Is It Worth Investing in Fidelity National Financial Inc (NYSE: FNF) Right Now?
Fidelity National Financial Inc (NYSE: FNF) has a price-to-earnings ratio of 27.68x that is above its average ratio. Additionally, the 36-month beta value for FNF is 1.34. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for FNF is 258.15M and currently, short sellers hold a 2.08% ratio of that float. The average trading volume of FNF on April 10, 2024 was 1.62M shares.
FNF) stock’s latest price update
The stock price of Fidelity National Financial Inc (NYSE: FNF) has dropped by -0.32 compared to previous close of 52.95. Despite this, the company has seen a gain of 1.48% in its stock price over the last five trading days. Zacks Investment Research reported 2024-02-22 that Fidelity National’s (FNF) fourth-quarter results reflect a decline in Title volume.
Analysts’ Opinion of FNF
Barclays, on the other hand, stated in their research note that they expect to see FNF reach a price target of $44. The rating they have provided for FNF stocks is “Equal Weight” according to the report published on November 15th, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to FNF, setting the target price at $43 in the report published on October 02nd of the previous year.
FNF Trading at 3.30% from the 50-Day Moving Average
After a stumble in the market that brought FNF to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.19% of loss for the given period.
Volatility was left at 2.10%, however, over the last 30 days, the volatility rate increased by 2.19%, as shares surge +3.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +5.60% upper at present.
During the last 5 trading sessions, FNF rose by +1.48%, which changed the moving average for the period of 200-days by +52.99% in comparison to the 20-day moving average, which settled at $51.49. In addition, Fidelity National Financial Inc saw 3.45% 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 FNF starting from THOMPSON CARY H, who sale 23,410 shares at the price of $51.11 back on Mar 04 ’24. After this action, THOMPSON CARY H now owns 40,317 shares of Fidelity National Financial Inc, valued at $1,196,473 using the latest closing price.
LANE DANIEL D, the Director of Fidelity National Financial Inc, sale 6,131 shares at $48.19 during a trade that took place back on Jan 17 ’24, which means that LANE DANIEL D is holding 271,495 shares at $295,465 based on the most recent closing price.
Stock Fundamentals for FNF
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.9 for the gross margin
The net margin for Fidelity National Financial Inc stands at 0.04. The total capital return value is set at 0.01. Equity return is now at value 8.25, with 0.76 for asset returns.
Based on Fidelity National Financial Inc (FNF), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 1.64. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 4.95.
Currently, EBITDA for the company is 609.0 million with net debt to EBITDA at 1.52. When we switch over and look at the enterprise to sales, we see a ratio of 1.36. The receivables turnover for the company is 1.25for trailing twelve months and the total asset turnover is 0.16.
Conclusion
In conclusion, Fidelity National Financial Inc (FNF) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
