The stock of Fidelity National Financial Inc (FNF) has gone up by 7.70% for the week, with a -1.44% drop in the past month and a 2.24% rise in the past quarter. The volatility ratio for the week is 2.09%, and the volatility levels for the past 30 days are 2.30% for FNF. The simple moving average for the past 20 days is 0.44% for FNF’s stock, with a 11.93% simple moving average for the past 200 days.
Is It Worth Investing in Fidelity National Financial Inc (NYSE: FNF) Right Now?
The price-to-earnings ratio for Fidelity National Financial Inc (NYSE: FNF) is 26.55x, which is above its average ratio. Moreover, the 36-month beta value for FNF is 1.34. Analysts have varying opinions on the stock, 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 currently, short sellers hold a 1.69% of that float. On April 25, 2024, FNF’s average trading volume was 1.62M shares.
FNF) stock’s latest price update
Fidelity National Financial Inc (NYSE: FNF)’s stock price has gone decline by -0.41 in comparison to its previous close of 50.85, however, the company has experienced a 7.70% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that FNF Group (FNF) doesn’t possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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 -0.19% 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 -6.16% of loss for the given period.
Volatility was left at 2.30%, however, over the last 30 days, the volatility rate increased by 2.09%, as shares sank -0.61% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.54% lower at present.
During the last 5 trading sessions, FNF rose by +7.70%, which changed the moving average for the period of 200-days by +40.43% in comparison to the 20-day moving average, which settled at $50.40. In addition, Fidelity National Financial Inc saw -0.74% 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 1.31. The receivables turnover for the company is 1.25for trailing twelve months and the total asset turnover is 0.16.
Conclusion
To wrap up, the performance of Fidelity National Financial Inc (FNF) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
