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The price of Franco-Nevada Corporation (NYSE: FNV) closed at $121.56 in the last session, up 2.14% from day before closing price of $119.01. In other words, the price has increased by $2.14 from its previous closing price. On the day, 0.46 million shares were traded. FNV stock price reached its highest trading level at $121.87 during the session, while it also had its lowest trading level at $117.741.
Ratios:
We take a closer look at FNV’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 16.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 50.20. For the most recent quarter (mrq), Quick Ratio is recorded 41.18 and its Current Ratio is at 41.19. 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 this company, Jefferies on February 29, 2024, initiated with a Hold rating and assigned the stock a target price of $117.
On October 31, 2023, TD Securities Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation 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 23360792576 and an Enterprise Value of 21938898944. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.17 while its Price-to-Book (P/B) ratio in mrq is 4.05. Its current Enterprise Value per Revenue stands at 18.029 whereas that against EBITDA is 21.621.
Stock Price History:
Over the past 52 weeks, FNV has reached a high of $161.25, while it has fallen to a 52-week low of $102.29. The 50-Day Moving Average of the stock is 6.17%, while the 200-Day Moving Average is calculated to be -1.73%.
Shares Statistics:
According to the various share statistics, FNV traded on average about 748.63K shares per day over the past 3-months and 701060 shares per day over the past 10 days. A total of 192.18M shares are outstanding, with a floating share count of 190.73M. Insiders hold about 0.75% of the company’s shares, while institutions hold 82.15% stake in the company. Shares short for FNV as of 1713139200 were 2704859 with a Short Ratio of 4.48, compared to 1710460800 on 3350359.
Dividends & Splits
The forward annual dividend rate for FNV is 1.38, which was 1.36 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.011427611The stock’s 5-year Average Dividend Yield is 0.92.
