First Horizon National Corporation (FHN)
- Linda Olson
It is common practice for investors to use the price-to-earnings ratio (P/E ratio or price multiple) to determine if a company's stock price is over or undervalued.
Barclays restated their equal weight rating on shares of First Horizon National (NYSE:FHN) in a report published on Monday.
First Horizon National Corporation shares increased 4.56 percent over the past week and rose 5.67 percent over the previous month.
The mathematical calculation that represents the degree of change over time is known as "percentage change". BNP Paribas Arbitrage SA now owns 88,207 shares of the financial services provider's stock worth $1,537,000 after acquiring an additional 27,934 shares during the last quarter.
Principal Financial Group Inc. boosted its position in shares of First Horizon National Corporation (NYSE:FHN) by 59.5% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. To measure price-variation, we found AVGO's volatility during a week at 3.49% and during a month it has been found around 3.03%. The Company's regional banking segment offers financial products and services, including traditional lending and deposit taking, to retail and commercial customers in Tennessee and other selected markets. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,472 shares of the financial services provider's stock valued at $148,000 after purchasing an additional 676 shares during the period. The shares price has directed 1.79% toward a higher level throughout a year ago and swapped 6.95% toward a strong spot during past one month. FHN stock acknowledged attractive focus from Investors and it has been trading on front line. It is easy to calculate. Given that its average daily volume over the 30 days has been 3.26 million shares a day, this signifies a pretty significant change over the norm. Following the sale, the director now directly owns 482,188 shares in the company, valued at approximately $9,282,119. Volume is the basic fuel of the market since stocks move up or down in price only when shares are trading hands.
Georgia, Auburn defensive coordinators interviewing again with Tennessee
Bruce Feldman reports the Volunteers are trying to rectify that situation, possibly with USC offensive coordinator Tee Martin . The moves come just days after Fulmer was named the new athletic director amid Tennessee's disastrous search for a new coach.
Revenue is the amount of money that a company actually receives during a specific period, including discounts and deductions for returned merchandise. FHN traded on a high for the day of 20.00 with a corresponding low of 18.68. Mid-cap companies operate in industries expected to experience rapid growth. UBS upgraded shares of First Horizon National from an "outperform" rating to a "strong-buy" rating in a research note on Wednesday, November 8th. The financial services provider reported $0.32 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.30 by $0.02. These estimates are the average of all of the current estimates that are made available by brokerage analysts. Analysts review historical return data when trying to predict future returns or to estimate how a security might react to a particular situation, such as a drop in consumer demand. The stock go down so far this year; showing a decline of -0.75% and added with positive flow of 7.70% during recent week. The day's total volume of 265522 this morning is in contrast from the three-month daily average of 97.38K. The stock was trading at a distance of -4.70% from its 52-week highs and stands 25.38% away from its 52-week lows. The shares were sold at an average price of $19.25, for a total value of $104,893.25. First Horizon National Corporation (NYSE:FHN) has experienced an average volume of 4753848.5. The company had revenue of $337.00 million during the quarter, compared to the consensus estimate of $340.48 million. A company can "Meet" the same earnings as forecast, "Beat" the earnings than forecast, or "Miss" (fall below) the earnings than forecast.
J. C. Penney Company, Inc.'s Average Earnings Estimate for the current quarter is $0.61, according to consensus of 21 analysts. During the same quarter last year, the firm posted $0.27 EPS. equities research analysts expect that First Horizon National Corporation will post 1.11 EPS for the current fiscal year.
Institutional investors have also been busy with the stock. Zacks Investment Research raised shares of First Horizon National from a "sell" rating to a "hold" rating in a research note on Monday, October 9th.
Analysts mean recommendation for the stock is 1.8. These analysts use their knowledge, trade press, company financial reports, and other details such as conference calls in writing their research reports. Return on Equity (ROE) stands at 11.1% and Return on Investment (ROI) of 18.2 percent.
NuVasive, Inc. has a beta of 1.04, offering the possibility of a higher rate of return, but also posing more risk. Their activity in FHN in recent trading has also spurred interest in the stock. Included are the S&P 500 and 450 of the next largest market cap and widely-held stocks. Current price level places the company's stock about 1.74% from the 52-week high and 76.29% away from the 52-week low. The additional 2,600 stocks are covered by the Zacks Rank and generate 1 page snapshot research reports. Hot Stocks Point (HSP) makes sure to keep the information up to date and correct, but we didn't suggest or recommend buying or selling of any financial instrument unless that information is subsequently confirmed on your own.
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