A share price of First Horizon Corporation [FHN] is currently trading at $15.77, up 6.55%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The FHN shares have gain 7.50% over the last week, with a monthly amount glided 1.28%, and seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Previously, RBC Capital Mkts upgraded its rating to Outperform on April 09, 2024, and elevated its price target to $18. On April 05, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $18 on the stock. Barclays started tracking the stock assigning a Overweight rating and suggested a price target of $18 on March 08, 2024. UBS upgraded its rating to a Buy and raised its price target to $16 on January 24, 2024. Citigroup started tracking with a Buy rating for this stock on December 01, 2023, and assigned it a price target of $14. In a note dated November 03, 2023, Wedbush upgraded an Outperform rating on this stock and boosted its target price from $12 to $14.
First Horizon Corporation experienced fluctuations in its stock price throughout the past year between $10.08 and $16.28. Currently, Wall Street analysts expect the stock to reach $18.61 within the next 12 months. First Horizon Corporation [NYSE: FHN] shares were valued at $15.77 at the most recent close of the market. An investor can expect a potential return of 18.01% based on the average FHN price forecast.
Analyzing the FHN fundamentals
Trailing Twelve Months sales for First Horizon Corporation [NYSE:FHN] were 4.95B which represents 15.82% growth. Gross Profit Margin for this corporation currently stands at 0.62% with Operating Profit Margin at 0.18%, Pretax Profit Margin comes in at 0.18%, and Net Profit Margin reading is 0.14%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.07 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.22 points at the first support level, and at 14.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.06, and for the 2nd resistance point, it is at 16.36.
Ratios To Look Out For
To put it in perspective, the Current Ratio for First Horizon Corporation [NYSE:FHN] is 0.25. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 1.04 and price to earnings (TTM) ratio is 10.96.
