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In the latest session, Franco-Nevada Corporation (NYSE: FNV) closed at $123.27 up 1.22% from its previous closing price of $121.79. In other words, the price has increased by $1.22 from its previous closing price. On the day, 0.57 million shares were traded. FNV stock price reached its highest trading level at $123.73 during the session, while it also had its lowest trading level at $121.68.
Ratios:
For a deeper understanding of Franco-Nevada Corporation’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.47 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.22. For the most recent quarter (mrq), Quick Ratio is recorded 29.10 and its Current Ratio is at 29.11. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On February 29, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $117.
TD Securities Downgraded its Buy to Hold on October 31, 2023, whereas the target price for the stock was revised from $180 to $145.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FNV now has a Market Capitalization of 23720476672 and an Enterprise Value of 22281439232. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.99 while its Price-to-Book (P/B) ratio in mrq is 4.06. Its current Enterprise Value per Revenue stands at 19.829 whereas that against EBITDA is 23.603.
Stock Price History:
Over the past 52 weeks, FNV has reached a high of $146.43, while it has fallen to a 52-week low of $102.29. The 50-Day Moving Average of the stock is 0.95%, while the 200-Day Moving Average is calculated to be 5.34%.
Shares Statistics:
For the past three months, FNV has traded an average of 601.95K shares per day and 726610 over the past ten days. A total of 192.18M shares are outstanding, with a floating share count of 190.78M. Insiders hold about 0.79% of the company’s shares, while institutions hold 80.79% stake in the company. Shares short for FNV as of 1722384000 were 2869500 with a Short Ratio of 4.77, compared to 1719532800 on 3137767.
Dividends & Splits
According to the company, the forward annual dividend rate for FNV is 1.40, from 1.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011495196The stock’s 5-year Average Dividend Yield is 0.92.
Earnings Estimates
Current recommendations for the stock of the company come from 6.0 analysts. The consensus estimate for the next quarter is $0.91, with high estimates of $1.0 and low estimates of $0.79.
Analysts are recommending an EPS of between $3.55 and $3.02 for the fiscal current year, implying an average EPS of $3.33. EPS for the following year is $3.88, with 11.0 analysts recommending between $4.6 and $3.37.
Revenue Estimates
A total of 1 analysts believe the company’s revenue will be $267M this quarter.It ranges from a high estimate of $267M to a low estimate of $267M. As of the current estimate, Franco-Nevada Corporation’s year-ago sales were $309.5MFor the next quarter, 1 analysts are estimating revenue of $279M. There is a high estimate of $279M for the next quarter, whereas the lowest estimate is $279M.
A total of 8 analysts have provided revenue estimates for FNV’s current fiscal year. The highest revenue estimate was $1.19B, while the lowest revenue estimate was $1.03B, resulting in an average revenue estimate of $1.12B. In the same quarter a year ago, actual revenue was $1.22BBased on 8 analysts’ estimates, the company’s revenue will be $1.24B in the next fiscal year. The high estimate is $1.33B and the low estimate is $1.12B.
