Trading Day Review: F.N.B. Corp. (FNB) Gains Momentum, Closing at 14.10

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

The price of F.N.B. Corp. (NYSE: FNB) closed at $14.10 in the last session, up 1.00% from day before closing price of $13.96. In other words, the price has increased by $1.00 from its previous closing price. On the day, 1.64 million shares were traded. FNB stock price reached its highest trading level at $14.13 during the session, while it also had its lowest trading level at $13.87.

Ratios:

We take a closer look at FNB’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 0.74 whereas as Long-Term Debt/Eq ratio is at 0.39.

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, BofA Securities on January 11, 2024, initiated with a Buy rating and assigned the stock a target price of $15.

On April 04, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $15.

Keefe Bruyette Downgraded its Outperform to Mkt Perform on December 13, 2022, whereas the target price for the stock was revised from $16 to $15.50.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Apr 23 ’24 when CAMPBELL WILLIAM B bought 2,500 shares for $13.48 per share. The transaction valued at 33,712 led to the insider holds 149,458 shares of the business.

CAMPBELL WILLIAM B bought 1,500 shares of FNB for $20,274 on Feb 28 ’24. The Director now owns 146,888 shares after completing the transaction at $13.52 per share. On Feb 26 ’24, another insider, CAMPBELL WILLIAM B, who serves as the Director of the company, bought 2,500 shares for $13.41 each. As a result, the insider paid 33,522 and bolstered with 145,388 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, FNB now has a Market Capitalization of 5072517120 and an Enterprise Value of 8266314752. As of this moment, F.N.B.’s Price-to-Earnings (P/E) ratio for their current fiscal year is 11.41, and their Forward P/E ratio for the next fiscal year is 9.16. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.14. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.16 while its Price-to-Book (P/B) ratio in mrq is 0.84. Its current Enterprise Value per Revenue stands at 5.548.

Stock Price History:

The Beta on a monthly basis for FNB is 1.02, which has changed by 0.33018863 over the last 52 weeks, in comparison to a change of 0.26265144 over the same period for the S&P500. Over the past 52 weeks, FNB has reached a high of $14.19, while it has fallen to a 52-week low of $10.24. The 50-Day Moving Average of the stock is 4.26%, while the 200-Day Moving Average is calculated to be 12.55%.

Shares Statistics:

According to the various share statistics, FNB traded on average about 2.14M shares per day over the past 3-months and 2370560 shares per day over the past 10 days. A total of 358.83M shares are outstanding, with a floating share count of 354.99M. Insiders hold about 1.32% of the company’s shares, while institutions hold 78.99% stake in the company. Shares short for FNB as of 1714435200 were 8487201 with a Short Ratio of 3.96, compared to 1711584000 on 10530126. Therefore, it implies a Short% of Shares Outstanding of 8487201 and a Short% of Float of 3.11.

Dividends & Splits

The forward annual dividend rate for FNB is 0.48, which was 0.48 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.034383953The stock’s 5-year Average Dividend Yield is 4.34. The current Payout Ratio is 36.52% for FNB, which recently paid a dividend on 2024-03-05 with an ex-dividend date of 1717632000. Stock splits for the company last occurred on 2003-05-13 when the company split stock in a 105:100 ratio.

Earnings Estimates

At present, 9.0 analysts are actively evaluating the performance of F.N.B. Corp. (FNB) in the stock market.On average, analysts expect EPS of $0.34 for the current quarter, with a high estimate of $0.35 and a low estimate of $0.33, while EPS last year was $0.39. The consensus estimate for the next quarter is $0.36, with high estimates of $0.37 and low estimates of $0.34.

Analysts are recommending an EPS of between $1.45 and $1.35 for the fiscal current year, implying an average EPS of $1.41. EPS for the following year is $1.54, with 9.0 analysts recommending between $1.65 and $1.45.

Revenue Estimates

According to 7 analysts, the current quarter’s revenue is expected to be $407.67M. It ranges from a high estimate of $410M to a low estimate of $404.87M. As of the current estimate, F.N.B. Corp.’s year-ago sales were $406.14MFor the next quarter, 7 analysts are estimating revenue of $418.97M. There is a high estimate of $422.27M for the next quarter, whereas the lowest estimate is $413.62M.

A total of 6 analysts have provided revenue estimates for FNB’s current fiscal year. The highest revenue estimate was $1.67B, while the lowest revenue estimate was $1.64B, resulting in an average revenue estimate of $1.66B. In the same quarter a year ago, actual revenue was $1.57BBased on 7 analysts’ estimates, the company’s revenue will be $1.76B in the next fiscal year. The high estimate is $1.81B and the low estimate is $1.71B.

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