Currently, Franco-Nevada Corporation [FNV] is trading at $121.13, up 3.01%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The FNV shares have gain 1.99% over the last week, with a monthly amount drifted -0.20%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Franco-Nevada Corporation [NYSE: FNV] stock has seen the most recent analyst activity on November 18, 2024, when Canaccord Genuity upgraded its rating to a Buy. Previously, UBS started tracking the stock with Buy rating on November 18, 2024, and set its price target to $160. On October 01, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $139 on the stock. TD Cowen upgraded its rating to a Buy. Jefferies initiated its recommendation with a Hold and recommended $117 as its price target on February 29, 2024. TD Securities downgraded its rating to Hold for this stock on October 31, 2023, and downed its price target to $145. In a note dated August 18, 2023, Stifel upgraded an Buy rating on this stock.
This stock has fluctuated between a low of $103.64 and a high of $137.60 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $139 within the next 12 months. Franco-Nevada Corporation [NYSE: FNV] shares were valued at $121.13 at the most recent close of the market. An investor can expect a potential return of 14.75% based on the average FNV price forecast.
Analyzing the FNV fundamentals
Trailing Twelve Months sales for Franco-Nevada Corporation [NYSE:FNV] were 1.10B which represents -10.76% decline. Gross Profit Margin for this corporation currently stands at 0.71% with Operating Profit Margin at 0.63%, Pretax Profit Margin comes in at -0.4%, and Net Profit Margin reading is -0.58%. To continue investigating profitability, this company’s Return on Assets is posted at -0.1, Equity is -0.11 and Total Capital is 0.11.
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 119.55 points at the first support level, and at 117.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 122.02, and for the 2nd resistance point, it is at 122.90.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Franco-Nevada Corporation [NYSE:FNV] is 23.39. In addition, the Quick Ratio stands at 23.38 and the Cash Ratio stands at 19.87. Considering the valuation of this stock, the price to sales ratio is 21.27, the price to book ratio is 3.89.
