For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
In the latest session, First Horizon Corporation (NYSE: FHN) closed at $17.70 down -6.25% from its previous closing price of $18.88. In other words, the price has decreased by -$6.25 from its previous closing price. On the day, 12.99 million shares were traded.
Ratios:
For a deeper understanding of First Horizon Corporation’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.17.
On September 24, 2024, Wedbush Downgraded its rating to Neutral which previously was Outperform and also lowered its target price recommendation from $20 to $17.
Raymond James Downgraded its Strong Buy to Outperform on July 18, 2024, while the target price for the stock was maintained at $18.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 20 ’25 when BARTON HARRY V JR bought 1,200 shares for $22.12 per share.
JORDAN D BRYAN sold 109,980 shares of FHN for $2,323,651 on Jan 22 ’25. The Chairman, President & CEO now owns 1,861,381 shares after completing the transaction at $21.13 per share. On Jan 22 ’25, another insider, JORDAN D BRYAN, who serves as the Officer of the company, bought 109,980 shares for $21.13 each.
Valuation Measures:
As of this moment, First’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.05, and their Forward P/E ratio for the next fiscal year is 9.29. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.28. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.85 while its Price-to-Book (P/B) ratio in mrq is 1.11.
Stock Price History:
Over the past 52 weeks, FHN has reached a high of $22.44, while it has fallen to a 52-week low of $13.72. The 50-Day Moving Average of the stock is -15.69%, while the 200-Day Moving Average is calculated to be -1.08%.
Shares Statistics:
A total of 524.28M shares are outstanding, with a floating share count of 514.84M. Insiders hold about 1.33% of the company’s shares, while institutions hold 85.28% stake in the company.
