Daily Progress: Franco-Nevada Corporation (FNV) Drop -0.31, Closing at 124.71

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, Franco-Nevada Corporation (NYSE: FNV) closed at $124.71 down -0.31% from its previous closing price of $125.10. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 0.66 million shares were traded. FNV stock price reached its highest trading level at $125.25 during the session, while it also had its lowest trading level at $123.53.

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 16.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.84. 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.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, BofA Securities on October 01, 2024, Downgraded its rating to Neutral and sets its target price to $139 from $142 previously.

On February 29, 2024, Jefferies started tracking the stock assigning a Hold rating and target price of $117.Jefferies initiated its Hold rating on February 29, 2024, with a $117 target price.

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 23999815680 and an Enterprise Value of 22558533632. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.25 while its Price-to-Book (P/B) ratio in mrq is 4.11. Its current Enterprise Value per Revenue stands at 20.075 whereas that against EBITDA is 23.897.

Stock Price History:

Over the past 52 weeks, FNV has reached a high of $142.60, while it has fallen to a 52-week low of $102.29. The 50-Day Moving Average of the stock is 0.90%, while the 200-Day Moving Average is calculated to be 5.50%.

Shares Statistics:

For the past three months, FNV has traded an average of 570.34K shares per day and 677100 over the past ten days. A total of 192.18M shares are outstanding, with a floating share count of 191.06M. Insiders hold about 0.71% of the company’s shares, while institutions hold 81.36% stake in the company. Shares short for FNV as of 1726185600 were 2897025 with a Short Ratio of 5.08, compared to 1723680000 on 3139408.

Dividends & Splits

According to the company, the forward annual dividend rate for FNV is 1.42, from 1.4 in the trailing year. Against a Trailing Annual Dividend Yield of 0.011191047The stock’s 5-year Average Dividend Yield is 0.92.

Most Popular