The stock of F.N.B. Corporation (NYSE:FNB) decreased by -$0.34 on Tuesday to finish at $11.79, down -2.80 percent. The last five days have seen an average of 1,767,680 shares of common stock traded. 13 times new highs were reached in the current year, with a fall of -$1.26. The average number of shares traded over the last 20 days was 2,267,140, while the average volume over the last 50 days totaled 2,085,254.
FNB stock dropped -2.40% since last month. On 08/15/23, the company’s shares reached a one-month low of $11.77. The stock touched a high of $14.71 on 02/15/23, after rallying from a low of $10.09 in 52 weeks. The price of FNB stock has declined by -9.66% or -$1.26 this year, reaching a new high 13 times. Still, the stock price is down -19.85% from the 52-week high.
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Insider Transactions
FNB stock investors should be aware that F.N.B. Corporation (FNB) stock had its last reported insider trading activity 173 days ago on Feb 24. On Feb 24, Director Bena Pamela A acquired 350 shares at $14.07 each. This transaction resulted in the insider spending $4,924. On Feb 15, GUERRIERI GARY L sold 5,000 shares at a price of US$14.61. After the transaction, the insider now owns 89,317 shares. Director CAMPBELL WILLIAM B had earlier bought 1,900 shares on Jan 26 for $13.49 a share. The transaction was completed for $25,640.
Valuation Metrics
F.N.B. Corporation (FNB) has a trailing price-to-earnings (P/E) ratio of 7.61. Beta for the stock is 1.10. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 2.52, the price-to-book (PB) ratio of 0.74, and the price-to-cash flow ratio of 7.41.
Company paid $0.12 per share in dividends, remained unchanged from $0.12 last year. A $0.03 dividend decrease was reported on Wednesday May 18 2016.
Financial Health
The company’s long-term debt to equity ratio for the quarter ending June 29 is 0.14, and the total debt to equity ratio is 0.21. F.N.B. Corporation’s operating margin stood at 73.00% for the same period. Based on annual data, it had gross profit of $1.12 billion and revenue of $1.28 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. FNB’s return on assets (ROA) during the last 12 months has been 1.30%. There was a 13.30% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 10.00%.
Earnings Surprise
According to F.N.B. Corporation’s quarterly financial report for the quarter that ended June 29. A higher net income was reported in the quarter under review than the previous quarter. It was predicted that F.N.B. Corporation’s quarterly earnings would be $0.39, but it ended up being $0.38, beating the consensus by 2.60%. At the end of F.N.B. Corporation’s most recent quarter ended June 29, its total debt was $4.93 billion. Equity owned by shareholders amounts to $358.82 million.
Technical Picture
Here’s a quick look at F.N.B. Corporation’s (FNB) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 25.93%, suggesting the stock is oversold, with a 18.14% historical volatility rate.
The stochastic %K and %D were 8.79% and 10.47% respectively, while the average true range (ATR) was 0.30. Based on the 14-day stochastic reading of 1.62%, the RSI (14) reading is 36.91%. On the 9-day MACD Oscillator, the stock is at -0.37, and the 14-day reading is at -0.47.
Analyst Ratings
In its analyst report released on April 04, 2023, Stephens began covering F.N.B. Corporation (NYSE: FNB). The stock was rated as an Overweight by the brokerage firm. Analysts have assigned F.N.B. Corporation (FNB) an Overweight rating. FNB is a stock that is recommended for selling by 0 brokerage firms, while 2 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 1 rate it overweight and 5 others recommend it as a buy.
What is FNB’s price target for the next 12 months?
The current consensus forecast for the stock is between $12.00 and $17.00, with a median target price of $14.50. In analyzing these forecasts, the average price target given by analysts for F.N.B. Corporation (FNB) is $14.50.
