First Horizon Corporation [FHN] stock prices are up 2.66% to $19.65 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The FHN shares have gain 0.26% over the last week, with a monthly amount drifted -1.80%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Wedbush downgraded its rating to Neutral on September 24, 2024, and dropped its price target to $17. On July 18, 2024, downgrade downgraded it’s rating to Outperform but maintained its price target of $18 on the stock. Keefe Bruyette downgraded its rating to a Mkt Perform but stick to its price target of $18 on July 17, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on April 09, 2024, and upped its price target to $18. In a note dated April 05, 2024, Keefe Bruyette upgraded an Outperform rating on this stock and boosted its target price from $16 to $18.
The stock price of First Horizon Corporation [FHN] has been fluctuating between $13.72 and $22.44 over the past year. Currently, Wall Street analysts expect the stock to reach $19.25 within the next 12 months. First Horizon Corporation [NYSE: FHN] shares were valued at $19.65 at the most recent close of the market. An investor can expect a potential drop of -2.04% based on the average FHN price forecast.
Analyzing the FHN fundamentals
The First Horizon Corporation [NYSE:FHN] reported sales of 5.00B for trailing twelve months, representing a drop of -8.23%. Gross Profit Margin for this corporation currently stands at 1.13% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.19%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.09 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.25.
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 19.17 points at the first support level, and at 18.68 for the second support level. However, for the 1st resistance point, the stock is sitting at 19.90, and for the 2nd resistance point, it is at 20.14.
Ratios To Look Out For
It’s worth pointing out that First Horizon Corporation [NYSE:FHN]’s Current Ratio is 0.24. Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 1.23 and price to earnings (TTM) ratio is 14.49.
Transactions by insiders
Recent insider trading involved BARTON HARRY V JR, Director, that happened on Feb 20 ’25 when 1200.0 shares were purchased. Chairman, President & CEO, JORDAN D BRYAN completed a deal on Jan 22 ’25 to sell 0.11 million shares. Meanwhile, Officer JORDAN D BRYAN bought 0.11 million shares on Jan 22 ’25.
