F.N.B. Corporation (NYSE:FNB) currently has a daily average trading volume of 2.89M but it saw 2302013 shares traded on Thursday. With a market cap of 4.09B USD, stock’s current market price of $11.23 came rising about 0.09 while comparing to the previous closing price of $11.22. In past 52 weeks, the stock remained buoying in the range of price level as high as $14.71 and as low as $10.09. In the recent trading on the day, stock has struck highest price mark of $11.24 while lowest mark touched by it was $10.98.
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Taking a look at 20-day trading activity of F.N.B. Corporation (FNB) gives us an average price of $10.90, while its current price level is -23.66% below from 52-week high level whereas it is 11.30% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $11.28 while that of 200 days or SMA-200 reads an average of $12.72. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.85% during that period while stretching the period over a month that increases to 3.13%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.44 which implies that the stock is in neutral territory.
F.N.B. Corporation (FNB)’s stock is currently under the radar of 8 analysts who are in consensus at a 12-month price target range of between $11.00 and $16.00 for company’s shares. The average price target assigned by the average number of analysts to a stock is a way to gauge worth of any stock in next 52 weeks. And in assigning price target to a stock, some analysts adopt a bearish approach by advocating lower-than-average price target which in this case is $11.00 while some adopt bullish approach by assigning higher-than-average price target which reads the price to top $16.00. Average price target assigned by them is $14.50 which highlights an upside potential of 22.55% for the stock over that period. And to attain the median price target of $15.00 assigned by those analysts, stock has to add about 25.13% of value to its current levels.
Data by FactSet Research shows that 8 analysts have issued their ratings for the stock. 0 of them are in opinions that stock is a Sell, while 1 are advising it as an Overweight. 5 analysts suggested the investors to Buy the stock while 2 advised them to Hold. Recommendations by all of those brokerages imply a consensus rating of Overweight for the stock and that issued by Wall Street to investors is Moderate Buy.
Over the week, FNB’s stock price is moving -0.35% down while it is 0.27% when we observe its performance for the past one month. Year-to-date it is -13.95% down and over the past year, the stock is showing a downside performance of -3.19%.
The latest quarterly earnings report issued by the company was for quarter ended 3/30/2023, when its quarterly earnings per share (EPS) of $0.4 beat the consensus estimate of $0.39 for the same. The company is expected to be releasing its next quarterly report in 07/19/2023, for which analysts forecasted an EPS of $0.38 while estimate for next year EPS is $1.54. For FNB, analysts are forecasting an EPS-growth rate of 10.00% for current year and estimate for EPS growth in next year is 0.60%. In next quarter, company is expected to be making quarterly sales of $413.32 million as analysts are expecting the sales for current fiscal year at $1.65 billion and seeing the company making $1.68 billion in sales next year. Moreover, analysts are in estimates of $410.51 million for current-quarter revenue.
Currently, F.N.B. Corporation’s total number of outstanding shares is 360.86M with 0.98% of that held by the insiders while 78.39% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 13.30% and return on equity (ROE) at 9.60%. It has a price to earnings ratio (P/E ratio) of 7.67 while having a 7.24 of forward P/E ratio. Stock’s beta reads 1.08. Stock has a price to book (P/B) ratio of 0.71 while price to sale or P/S ratio amounts to 2.77. Its return on asset (ROA) is 1.20% on average.
A filing at the U.S. Securities and Exchange Commission revealed that Undiscovered Managers Behavioral came shrinking its share ownership by 0.73% in the F.N.B. Corporation (FNB) increasing its stake to 5.62% with control over 0.15 million shares in the company. As per SEC documents, Undiscovered Managers Behavioral sought 20,279,543 of company’s common stock of worth $232.81 million as per recent closing price of the stock. Undiscovered Managers Behavioral is not the only institutional holder which restructured its stake in F.N.B. Corporation, as iShares Core S&P Mid Cap ETF picked 11,248,547 shares of worth $129.13 million to bring its holdings to a total of 38381.0 shares. In the most recent quarter, Vanguard Total Stock Market ETF came rising its stake by 0.02% in the company and now holds 11.09 million or 3.08% of the company’s stake having worth of about 127.34 million.
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