Sunday, September 27, 2020

F.N.B. Corporation [FNB] Revenue clocked in at $1.21 billion, down -43.70% YTD: What’s Next?

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F.N.B. Corporation [NYSE: FNB] closed the trading session at $7.15 on 09/09/20. The day’s price range saw the stock hit a low of $7.05, while the highest price level was $7.34. The company report on September 3, 2020 that F.N.B. Corporation Announces Promotions for F.N.B. Equipment Finance Leadership Team.

Industry Veterans R. Timothy Evans and Donna Yanuzzi Named to Executive Roles with Company’s Leasing Business.

F.N.B. Corporation (NYSE: FNB), parent company of First National Bank, announced the promotion of R. Timothy Evans to President of F.N.B. Equipment Finance and Donna Yanuzzi to Managing Director of F.N.B. Equipment Finance Sales and Marketing. The leadership changes follow the retirement of Gary Cook, President of F.N.B. Equipment Finance, after almost five decades in the financial services industry.

The stocks have a year to date performance of -43.70 percent and weekly performance of -4.41 percent. The stock has been moved at -14.78 percent over the last six months. The stock has performed -10.85 percent around the most recent 30 days and changed -13.54 percent over the most recent 3-months.

If compared to the average trading volume of 2.40M shares, FNB reached to a volume of 3446874 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here’s what leading stock market gurus have to say about F.N.B. Corporation [FNB]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for FNB shares is $8.83 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on FNB stock is a recommendation set at 1.80. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Stephens have made an estimate for F.N.B. Corporation shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on January 07, 2020. The new note on the price target was released on July 25, 2018, representing the official price target for F.N.B. Corporation stock.

The Average True Range (ATR) for F.N.B. Corporation is set at 0.27, with the Price to Sales ratio for FNB stock in the period of the last 12 months amounting to 1.87. The Price to Book ratio for the last quarter was 0.48, with the Price to Cash per share for the same quarter was set at 2.95.

FNB stock trade performance evaluation

F.N.B. Corporation [FNB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -4.41. With this latest performance, FNB shares dropped by -10.85% in over the last four-week period, additionally sinking by -14.78% over the last 6 months – not to mention a drop of -36.22% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for FNB stock in for the last two-week period is set at 40.87, with the RSI for the last a single of trading hit 34.70, and the three-weeks RSI is set at 43.58 for F.N.B. Corporation [FNB]. The present Moving Average for the last 50 days of trading for this stock 7.48, while it was recorded at 7.42 for the last single week of trading, and 9.10 for the last 200 days.

F.N.B. Corporation [FNB]: An insightful look at the core fundamentals

Operating Margin for any stock indicates how profitable investing would be, and F.N.B. Corporation [FNB] shares currently have an operating margin of +30.70. F.N.B. Corporation’s Net Margin is presently recorded at +25.44.

Return on Total Capital for FNB is now 4.93, given the latest momentum, and Return on Invested Capital for the company is 6.71. Return on Equity for this stock inclined to 8.16, with Return on Assets sitting at 1.14. When it comes to the capital structure of this company, F.N.B. Corporation [FNB] has a Total Debt to Total Equity ratio set at 95.93. Additionally, FNB Total Debt to Total Capital is recorded at 48.96, with Total Debt to Total Assets ending up at 13.48. Long-Term Debt to Equity for the company is recorded at 29.78, with the Long-Term Debt to Total Capital now at 14.87.

Reflecting on the efficiency of the workforce at the company, F.N.B. Corporation [FNB] managed to generate an average of $91,641 per employee.

Earnings per share (EPS) analysis for F.N.B. Corporation [FNB] stock

With the latest financial reports released by the company, F.N.B. Corporation posted 0.31/share EPS, while the average EPS was predicted by analysts to be reported at 0.29/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 6.90%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for FNB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for F.N.B. Corporation go to 10.00%.

F.N.B. Corporation [FNB]: Insider Ownership positions

There are presently around $1,700 million, or 74.40% of FNB stock, in the hands of institutional investors. The top three institutional holders of FNB stocks are: BLACKROCK INC. with ownership of 34,546,838, which is approximately -5.787% of the company’s market cap and around 0.60% of the total institutional ownership; VANGUARD GROUP INC, holding 32,714,766 shares of the stock with an approximate value of $233.91 million in FNB stocks shares; and FULLER & THALER ASSET MANAGEMENT, INC., currently with $126.07 million in FNB stock with ownership of nearly 4.87% of the company’s market capitalization.

Positions in F.N.B. Corporation stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 155 institutional holders increased their position in F.N.B. Corporation [NYSE:FNB] by around 17,297,182 shares. Additionally, 154 investors decreased positions by around 16,958,769 shares, while 72 investors held positions by with 203,507,372 shares. The mentioned changes placed institutional holdings at 237,763,323 shares, according to the latest SEC report filing. FNB stock had 44 new institutional investments in for a total of 1,936,824 shares, while 38 institutional investors sold positions of 4,218,138 shares during the same period.

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