Fidelity National Financial Inc (FNF) Shares Decline Despite Market Challenges

The stock price of Fidelity National Financial Inc (NYSE: FNF) has plunged by -0.24 when compared to previous closing price of 62.24, but the company has seen a -2.24% decline in its stock price over the last five trading sessions. zacks.com reported 2024-11-28 that It is wise to adopt a cautious approach for FNF despite market share growth, solid margin, competitive advantages and its strong track record of technology innovation.

Is It Worth Investing in Fidelity National Financial Inc (NYSE: FNF) Right Now?

Fidelity National Financial Inc (NYSE: FNF) has a price-to-earnings ratio that is above its average at 22.56x. The stock has a 36-month beta value of 1.39. Opinions on the stock are mixed, with 2 analysts rating it as a “buy,” 0 as “overweight,” 3 as “hold,” and 0 as “sell.”

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The public float for FNF is 256.58M, and at present, short sellers hold a 0.87% of that float. On December 06, 2024, the average trading volume of FNF was 1.01M shares.

FNF’s Market Performance

FNF’s stock has seen a -2.24% decrease for the week, with a 4.37% rise in the past month and a 5.54% gain in the past quarter. The volatility ratio for the week is 1.60%, and the volatility levels for the past 30 days are at 2.14% for Fidelity National Financial Inc The simple moving average for the past 20 days is 0.80% for FNF’s stock, with a 13.41% 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 1.77% 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 -4.23% of loss for the given period.

Volatility was left at 2.14%, however, over the last 30 days, the volatility rate increased by 1.60%, as shares surge +1.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.59% upper at present.

During the last 5 trading sessions, FNF fell by -2.24%, which changed the moving average for the period of 200-days by +17.55% in comparison to the 20-day moving average, which settled at $61.60. In addition, Fidelity National Financial Inc saw 21.70% 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 Nolan Michael Joseph, who proposed sale 17,250 shares at the price of $60.66 back on Nov 21 ’24. After this action, Nolan Michael Joseph now owns shares of Fidelity National Financial Inc, valued at $1,046,345 using the latest closing price.

Dhanidina Halim, the Director of Fidelity National Financial Inc, 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 13,206 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
  • 0.81 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 0.34 points at debt to capital in total, while cash flow to debt ratio is standing at 1.87. The debt to equity ratio resting at 0.52. The interest coverage ratio of the stock is -0.35.

Currently, EBITDA for the company is 1.46 billion with net debt to EBITDA at -6.0. When we switch over and look at the enterprise to sales, we see a ratio of 1.21.

Conclusion

To sum up, Fidelity National Financial Inc (FNF) has seen a better performance recently. Analysts have differing views on the stock, with some seeing 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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