The stock of Fidelity National Financial Inc (FNF) has gone up by 3.97% for the week, with a -1.23% drop in the past month and a 3.56% rise in the past quarter. The volatility ratio for the week is 1.69%, and the volatility levels for the past 30 days are 2.25% for FNF. The simple moving average for the past 20 days is 5.09% for FNF’s stock, with a 13.57% simple moving average for the past 200 days.
Is It Worth Investing in Fidelity National Financial Inc (NYSE: FNF) Right Now?
Fidelity National Financial Inc (NYSE: FNF) has a higher price-to-earnings ratio of 27.34x compared to its average ratio, The 36-month beta value for FNF is at 1.38. Analysts have varying views on the stock, with 3 analysts rating it as a “buy,” 2 rating it as “overweight,” 2 as “hold,” and 0 as “sell.”
The public float for FNF is 258.21M, and currently, shorts hold a 1.85% of that float. The average trading volume for FNF on May 09, 2024 was 1.58M shares.
FNF) stock’s latest price update
Fidelity National Financial Inc (NYSE: FNF)’s stock price has gone decline by -0.04 in comparison to its previous close of 52.15, however, the company has experienced a 3.97% 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 3.02% 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 -3.40% of loss for the given period.
Volatility was left at 2.25%, however, over the last 30 days, the volatility rate increased by 1.69%, as shares surge +7.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.07% upper at present.
During the last 5 trading sessions, FNF rose by +3.97%, which changed the moving average for the period of 200-days by +37.18% in comparison to the 20-day moving average, which settled at $49.80. In addition, Fidelity National Financial Inc saw 2.18% 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 Dhanidina Halim, who sale 3,000 shares at the price of $50.64 back on Apr 26 ’24. After this action, Dhanidina Halim now owns 14,906 shares of Fidelity National Financial Inc, valued at $151,908 using the latest closing price.
THOMPSON CARY H, the Director of Fidelity National Financial Inc, sale 23,410 shares at $51.11 during a trade that took place back on Mar 04 ’24, which means that THOMPSON CARY H is holding 40,317 shares at $1,196,473 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 1.34. 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 had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
