Over the past three months, First Horizon National Corporation [FHN] ended the trading day at $12.16 and exhibited a change of 0.41% with a 24 hour trading and reached upto the volume of 5.45M compared to its recorded trading volume of 3.08 million. FHN generated a 1 year amount change with -25.17%. Though for Principal markets a year is counted as a long time period. By having a look at the most recent performance of this stock, in the last week its amount moved by 6.57% with an amount shift of 12.18% over the last month.
On 19, November 2020, First Horizon Appoints Erin Pryor as Chief Marketing Officer. According to news published on Yahoo Finance, First Horizon National Corp. (NYSE: FHN or “First Horizon”) is pleased to announce that Erin Pryor will join the company as Executive Vice President and Chief Marketing Officer. Pryor will be responsible for leading company-wide marketing strategies.
Analyst Birdseye View:
The most recent analyst activity for First Horizon National Corporation [NYSE:FHN] stock was on September 22, 2020, when it was Upgrade with a Strong buy rating from Raymond James, which also raised its 12-month price target on the stock to $12. Before that, on October 08, 2020, Jefferies Recapitulated a Buy rating and elevated its amount target to $12. On August 20, 2020, Goldman Initiated a Buy rating and boosted its price target on this stock to $12. On August 17, 2020, Morgan Stanley Resumed an Equal-weight rating and increased its price target to $12. On July 20, 2020, Evercore ISI Upgrade an Outperform rating and increased its price target to $11. On March 25, 2020, Stephens Upgrade an Overweight rating and boosted its amount on this stock to $13. On March 02, 2020, Robert W. Baird Upgrade an Outperform rating and boosted its target amount on this stock to $18. BofA/Merrill elevated its amount target by recapitulating a higher weight for this stock.
In the past 52 weeks of trading, this stock has oscillated between a low of $6.27 and a peak of $17.40. At the most recent market close, shares of First Horizon National Corporation [NYSE:FHN] were valued at $12.16.
First Horizon National Corporation [NYSE:FHN] most recently reported quarterly sales of 601.0 million, which represented growth of 46.80%. This publicly-traded organization’s revenue is $453,589 per employee, while its income is $87,883 per employee. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 1.05, 9.51, 8.23 and 8.35 respectively.
The Principal structure of this organization shows its whole liability to whole principal at 48.68 and the whole liability to whole assets at 10.47. It shows enduring liability to the whole principal at 5.58 and enduring liability to assets at 0.01 while looking for an extended time period.
Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 12.00 points at 1st support level, the second support level is making up to 11.84. But as of 1st resistance point, this stock is sitting at 12.26 and at 12.37 for 2nd resistance point.
First Horizon National Corporation [FHN] reported its earnings at $0.35 per share in the fiscal quarter closing of 9/29/2020. The Analysts for Wall Street were expecting to report its earnings at $0.21/share signifying the difference of 0.14 and 66.70% surprise value. Comparing the previous quarter ending of 6/29/2020, the stated earnings were $0.2 calling estimates for $0.22/share with the difference of -0.02 depicting the surprise of -9.10%.
Now if looking for a valuation of this stock’s amount to sales ratio it’s 2.30, it’s amount to book ratio is 1.10 and showing 7.96 of P/E (TTM) ratio.
The most recent insider trade was by Davidson Wendy P, Director, and it was the purchase of 3000.0 shares on Apr 29. Emkes Mark A, the Director, completed a purchase of 10000.0 shares on Apr 29. On Mar 13, NISWONGER SCOTT M, Director, completed a purchase of 50000.0 shares.