Understanding the Recent Fluctuations of Fidelity National Financial Inc’s (FNF) Stock

The stock of Fidelity National Financial Inc (FNF) has gone up by 2.58% for the week, with a 7.36% rise in the past month and a 23.52% rise in the past quarter. The volatility ratio for the week is 1.57%, and the volatility levels for the past 30 days are 1.65% for FNF. The simple moving average for the last 20 days is 2.99% for FNF’s stock, with a simple moving average of 18.00% 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 higher price-to-earnings ratio of 18.17x 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.”

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The public float for FNF is 257.38M, and currently, shorts hold a 0.98% of that float. The average trading volume for FNF on September 20, 2024 was 998.74K shares.

FNF) stock’s latest price update

Fidelity National Financial Inc (NYSE: FNF) has experienced a decline in its stock price by -0.21 compared to its previous closing price of 60.99. However, the company has seen a gain of 2.58% in its stock price over the last five trading days. prnewswire.com reported 2024-09-03 that JACKSONVILLE, Fla., Sept. 3, 2024 /PRNewswire/ — Fidelity National Financial, Inc. (NYSE: FNF) today announced that Mike Nolan, Chief Executive Officer, and Tony Park, Chief Financial Officer, will participate in a fireside chat at the Barclays Global Financial Services Conference on Tuesday, September 10, 2024 at approximately 12:00 pm Eastern Time.

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 8.18% 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 -1.37% of loss for the given period.

Volatility was left at 1.65%, however, over the last 30 days, the volatility rate increased by 1.57%, as shares surge +6.03% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +24.20% upper at present.

During the last 5 trading sessions, FNF rose by +2.58%, which changed the moving average for the period of 200-days by +35.36% in comparison to the 20-day moving average, which settled at $59.27. In addition, Fidelity National Financial Inc saw 19.29% 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 1,700 shares at the price of $60.85 back on Sep 18 ’24. After this action, Dhanidina Halim now owns 13,206 shares of Fidelity National Financial Inc, valued at $103,439 using the latest closing price.

Dhanidina Halim, the Director of Fidelity National Financial Inc, proposed sale 1,700 shares at $60.85 during a trade that took place back on Sep 18 ’24, which means that Dhanidina Halim is holding shares at $103,439 based on the most recent closing price.

Stock Fundamentals for FNF

Current profitability levels for the company are sitting at:

  • 0.09 for the present operating margin
  • 0.88 for the gross margin

The net margin for Fidelity National Financial Inc stands at 0.07. The total capital return value is set at 0.01. Equity return is now at value 13.51, with 1.27 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 1.57. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 6.11.

Currently, EBITDA for the company is 609.0 million with net debt to EBITDA at -0.66. When we switch over and look at the enterprise to sales, we see a ratio of 1.28. The receivables turnover for the company is 1.11for 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.

Related Posts