The stock of Fidelity National Financial Inc (NYSE: FNF) has decreased by -2.20 when compared to last closing price of 48.17.Despite this, the company has seen a loss of -10.74% 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.
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 that is above its average at 24.70x. The stock has a 36-month beta value of 1.36. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FNF is 258.20M, and at present, short sellers hold a 1.69% of that float. On April 17, 2024, the average trading volume of FNF was 1.66M shares.
FNF’s Market Performance
FNF stock saw a decrease of -10.74% in the past week, with a monthly decline of -4.40% and a quarterly a decrease of -3.66%. The volatility ratio for the week is 3.34%, and the volatility levels for the last 30 days are 2.39% for Fidelity National Financial Inc (FNF).. The simple moving average for the past 20 days is -7.84% for FNF’s stock, with a 5.01% simple moving average for the past 200 days.
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 -7.59% 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 -12.70% of loss for the given period.
Volatility was left at 2.39%, however, over the last 30 days, the volatility rate increased by 3.34%, as shares sank -3.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.08% lower at present.
During the last 5 trading sessions, FNF fell by -10.74%, which changed the moving average for the period of 200-days by +30.72% in comparison to the 20-day moving average, which settled at $51.03. In addition, Fidelity National Financial Inc saw -7.66% in overturn over a single year, with a tendency to cut further losses.
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 1.22. The receivables turnover for the company is 1.25for trailing twelve months and the total asset turnover is 0.16.
Conclusion
To sum up, Fidelity National Financial Inc (FNF) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
