F.N.B. Corp. (NYSE: FNB)’s stock price has plunge by -1.31relation to previous closing price of 13.74. Nevertheless, the company has seen a 1.65% surge in its stock price over the last five trading sessions. Zacks Investment Research reported 2024-04-18 that A rise in non-interest income and lower provisions support F.N.B. Corp’s (FNB) Q1 earnings amid weakness in NII and higher expenses.
Is It Worth Investing in F.N.B. Corp. (NYSE: FNB) Right Now?
The price-to-earnings ratio for F.N.B. Corp. (NYSE: FNB) is 10.97x, which is above its average ratio. Moreover, the 36-month beta value for FNB is 1.02. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 5 as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FNB is 354.19M and currently, short sellers hold a 2.80% of that float. On April 30, 2024, FNB’s average trading volume was 2.21M shares.
FNB’s Market Performance
FNB stock saw a decrease of 1.65% in the past week, with a monthly decline of -3.83% and a quarterly a decrease of -3.00%. The volatility ratio for the week is 2.18%, and the volatility levels for the last 30 days are 2.22% for F.N.B. Corp. (FNB). The simple moving average for the past 20 days is 1.44% for FNB’s stock, with a 8.77% simple moving average for the past 200 days.
Analysts’ Opinion of FNB
Many brokerage firms have already submitted their reports for FNB stocks, with BofA Securities repeating the rating for FNB by listing it as a “Buy.” The predicted price for FNB in the upcoming period, according to BofA Securities is $15 based on the research report published on January 11, 2024 of the current year 2024.
Stephens, on the other hand, stated in their research note that they expect to see FNB reach a price target of $15. The rating they have provided for FNB stocks is “Overweight” according to the report published on April 04th, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to FNB, setting the target price at $15.50 in the report published on December 13th of the previous year.
FNB Trading at 0.65% from the 50-Day Moving Average
After a stumble in the market that brought FNB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.41% of loss for the given period.
Volatility was left at 2.22%, however, over the last 30 days, the volatility rate increased by 2.18%, as shares sank -1.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.44% upper at present.
During the last 5 trading sessions, FNB rose by +1.65%, which changed the moving average for the period of 200-days by +10.78% in comparison to the 20-day moving average, which settled at $13.35. In addition, F.N.B. Corp. saw -1.53% 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 FNB starting from CAMPBELL WILLIAM B, who purchase 2,500 shares at the price of $13.48 back on Apr 23 ’24. After this action, CAMPBELL WILLIAM B now owns 149,458 shares of F.N.B. Corp., valued at $33,712 using the latest closing price.
CAMPBELL WILLIAM B, the Director of F.N.B. Corp., purchase 1,500 shares at $13.52 during a trade that took place back on Feb 28 ’24, which means that CAMPBELL WILLIAM B is holding 146,888 shares at $20,274 based on the most recent closing price.
Stock Fundamentals for FNB
Current profitability levels for the company are sitting at:
- 0.31 for the present operating margin
- 1.0 for the gross margin
The net margin for F.N.B. Corp. stands at 0.23. The total capital return value is set at 0.03. Equity return is now at value 7.80, with 1.02 for asset returns.
Based on F.N.B. Corp. (FNB), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 0.7. The interest coverage ratio of the stock is 1.39.
Currently, EBITDA for the company is 20.12 million with net debt to EBITDA at 8.08. When we switch over and look at the enterprise to sales, we see a ratio of 3.8. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.06.
Conclusion
To wrap up, the performance of F.N.B. Corp. (FNB) 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.
