First Horizon National Corporation [NYSE: FHN] opened at $16.21 and closed at $16.50 a share within trading session on 09/12/19. That means that the stock dropped by -0.24% compared to the closing price from a day before, when the stock touched $16.46.
Between the start and the closing of the latest trading session, First Horizon National Corporation [NYSE: FHN] had 3.28 million shares being bought and sold. In the last three months, average trading volumes hovered around 3.65M shares. During the last week, volatility in the share price was set at 2.13%, which placed the metric for the last 30 days at 1.90%. The price of the stock additionally went down to $12.30 during that period and FHN managed to take a rebound to $18.43 in the last 52 weeks.
First Horizon National Corporation [NYSE:FHN]: Analyst Rating and Earnings
Its stock price has been found in the range of 12.30 to 18.43. This is compared to its latest closing price of $16.50.
Keep your eyes peeled for the next scheduled financial results to be made public for this company, which are scheduled to be released on Tue 15 Oct (In 33 Days).
Fundamental Analysis of First Horizon National Corporation [FHN]
Now let’s turn to look at profitability: with a current Operating Margin for First Horizon National Corporation [FHN] sitting at +31.57, this company’s Net Margin is now 35.80%. These measurements indicate that First Horizon National Corporation [FHN] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 8.15, and its Return on Invested Capital has reached 19.00%. Its Return on Equity is 12.42, and its Return on Assets is 1.32. These metrics suggest that this First Horizon National Corporation does a poor job of managing its assets, and likely won’t be able to provide successful business outcomes for its investors in the near term.
Turning to investigate this organization’s capital structure, First Horizon National Corporation [FHN] has generated a Total Debt to Total Equity ratio of 58.80. Similarly, its Total Debt to Total Capital is 37.03, while its Total Debt to Total Assets stands at 6.45.
What about valuation? This company’s Enterprise Value to EBITDA is 8.69. The Enterprise Value to Sales for this firm is now 2.90, and its Total Debt to Enterprise Value stands at 0.40.
Shifting the focus to workforce efficiency, First Horizon National Corporation [FHN] earns $406,010 for each employee under its payroll. Similarly, this company’s Total Asset Turnover is 0.05. This publicly-traded organization’s liquidity data is also interesting: its Current Ratio is 0.14.
First Horizon National Corporation [FHN] has 312.87M shares outstanding, amounting to a total market cap of $5.15B. Its stock price has been found in the range of 12.30 to 18.43. At its current price, it has moved down by -10.69% from its 52-week high, and it has moved up 33.82% from its 52-week low.
This stock’s Beta value is currently 1.30, which indicates that it is 2.13% more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 61.99. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is First Horizon National Corporation [FHN] a Reliable Buy?
Shares of First Horizon National Corporation [FHN], overall, appear to be a solid investment option, with Wall Street analysts expecting its price to rise considerably in the next 12 months. This company generates high value from the labor resources and other capital it has available, and while it has heavy Long-Term Debt to Equity, the majority of the metrics point to this investment being highly attractive.