Stock Surge: Franco-Nevada Corporation (FNV) Closes at 120.87, Marking a 0.24 Increase/Decrease

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In the latest session, Franco-Nevada Corporation (NYSE: FNV) closed at $120.87 up 0.24% from its previous closing price of $120.58. In other words, the price has increased by $0.24 from its previous closing price. On the day, 0.6 million shares were traded. FNV stock price reached its highest trading level at $120.95 during the session, while it also had its lowest trading level at $118.87.

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 16.16 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 49.27. 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 23357161472 and an Enterprise Value of 21819615232. For the stock, the TTM Price-to-Sale (P/S) ratio is 20.59 while its Price-to-Book (P/B) ratio in mrq is 3.98. Its current Enterprise Value per Revenue stands at 19.418 whereas that against EBITDA is 23.114.

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 -1.84%, while the 200-Day Moving Average is calculated to be 1.97%.

Shares Statistics:

For the past three months, FNV has traded an average of 585.97K shares per day and 693160 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 80.84% stake in the company. Shares short for FNV as of 1726185600 were 2897025 with a Short Ratio of 4.94, 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 0.011610549The stock’s 5-year Average Dividend Yield is 0.92.

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