Fidelity National Financial Inc (FNF): A Technical Analysis

Fidelity National Financial Inc (NYSE: FNF) has a higher price-to-earnings ratio of 22.08x compared to its average ratio. FNF has 36-month beta value of 1.38. Analysts have mixed views 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 257.51M, and currently, short sellers hold a 0.81% ratio of that float. The average trading volume of FNF on November 14, 2024 was 967.85K shares.

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FNF) stock’s latest price update

The stock price of Fidelity National Financial Inc (NYSE: FNF) has dropped by -0.46 compared to previous close of 61.05. Despite this, the company has seen a fall of -0.20% in its stock price over the last five trading days. prnewswire.com reported 2024-11-12 that JACKSONVILLE, Fla., Nov. 12, 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 Stephens Annual Investment Conference on Tuesday, November 19, 2024 at approximately 9:00 am Eastern Time.

FNF’s Market Performance

FNF’s stock has fallen by -0.20% in the past week, with a monthly drop of -1.63% and a quarterly rise of 7.65%. The volatility ratio for the week is 2.29% while the volatility levels for the last 30 days are 2.05% for Fidelity National Financial Inc. The simple moving average for the past 20 days is 0.60% for FNF’s stock, with a 12.67% 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 0.61% 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 -3.49% of loss for the given period.

Volatility was left at 2.05%, however, over the last 30 days, the volatility rate increased by 2.29%, as shares sank -3.17% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.76% upper at present.

During the last 5 trading sessions, FNF fell by -0.20%, which changed the moving average for the period of 200-days by +19.23% in comparison to the 20-day moving average, which settled at $60.41. In addition, Fidelity National Financial Inc saw 19.11% 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:

  • -0.01 for the present operating margin
  • 0.85 for the gross margin

The net margin for Fidelity National Financial Inc stands at -0.01. The total capital return value is set at -0.0. Equity return is now at value 10.55, with 1.01 for asset returns.

Based on Fidelity National Financial Inc (FNF), the company’s capital structure generated 0.32 points at debt to capital in total, while cash flow to debt ratio is standing at 1.56. The debt to equity ratio resting at 0.47. The interest coverage ratio of the stock is -1.53.

Currently, EBITDA for the company is 1.46 billion with net debt to EBITDA at -724.67. When we switch over and look at the enterprise to sales, we see a ratio of -3.68.

Conclusion

To put it simply, Fidelity National Financial Inc (FNF) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as 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.

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