F.N.B. Corporation (NYSE:FNB) remained unchanged to close Monday at $12.86 after subtracting $0.0 on the day. The 5-day average trading volume is 1,862,920 shares of the company’s common stock. It has gained $12.98 in the past week and touched a new high 3 times within the past 5 days. An average of 2,238,225 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,108,342.
FNB’s 1-month performance is 9.82% or $1.15 on its low of $11.62 reached on 07/10/23. The company’s shares have touched a 52-week low of $10.09 and high of $14.71, with the stock’s rally to the 52-week high happening on 02/15/23. YTD, FNB has lost -1.46% or -$0.19 and has reached a new high 13 times. However, the current price is down -12.58% from the 52-week high price.
Insider Transactions
FNB stock investors last saw insider trading activity on Feb 24.GUERRIERI GARY L (Chief Credit Officer) most recently sold 5,000 shares at $14.61 per share on Feb 15. This transaction cost the insider $73,055. Director, MALONE DAVID J, sold 29,600 shares at a price of $13.55 on Oct 21. Then, on Aug 19, Chief Legal Officer ORIE JAMES sold 51,167 shares at a price of $12.75 per share. This transaction amounted to $652,262.
Valuation Metrics
FNB stock has a beta of 1.09. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.74 while the price-to-book (PB) in the most recent quarter is 0.82, with the price to cash flow ratio at 4.82.
As well, the company’s long term debt to equity for the quarter ending June 29 was 0.14, while the total debt to equity was 0.24. The firm’s gross profit as reported stood at $1.12 billion against revenue of $1.28 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Analysts expected FNB to announce $0.38 per share in earnings in its latest quarter, but it posted $0.39, representing a 2.60% surprise. Shareholders hold equity totaling $358.82 million.
Let’s look briefly at F.N.B. Corporation (FNB) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 07 August was 65.64% to suggest the stock is trending Neutral, with historical volatility in this time period at 20.90%.
The stock’s 5-day moving average is $12.79, reflecting a +0.55% or $0.07 change from its current price. FNB is currently trading +8.98% above its 20-day SMA, +3.04% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by +14.62% and SMA200 by-2.28%.
Stochastic %K and %D was 77.56% and 75.48% and the average true range (ATR) pointed at 0.29. The RSI (14) points at 63.90%, while the 14-day stochastic is at 74.36% with the period’s ATR at 0.30. The stock’s 9-day MACD Oscillator is pointing at 0.06 and 0.13 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for F.N.B. Corporation (NYSE: FNB), Stephens launched coverage with an Overweight rating. Analysts offering their rating for FNB stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate FNB as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 5 have offered a “buy” rating.
What is FNB’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $12.00 and a high of $17.00, with their median price target at $14.50. Looking at these predictions, the average price target given by analysts is for F.N.B. Corporation (FNB) stock is $14.50.
