Fidelity National Financial Inc. (NYSE:FNF) has a beta of 1.39, a 12-month trailing P/E ratio of 6.36, and a growth ratio of 0.78. The stock’s Relative Strength Index (RSI) is 58.54, with weekly volatility at 2.19% and ATR at 0.91. The FNF stock’s 52-week price range has touched low of $26.78 and a $47.19 high. Its shares traded higher over the last trading session, gaining 0.65% on 05/19/21. The shares fell to a low of $45.155 before closing at $46.26. Intraday shares traded counted 1.5 million, which was 28.37% higher than its 30-day average trading volume of 2.09M. FNF’s previous close was $45.96 while the outstanding shares total 289.00M.
Investors have identified the Insurance – Specialty company Fidelity National Financial Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $13.04 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Fidelity National Financial Inc. (FNF) Fundamentals that are to be considered.
FNF were able to record 643.0 million as free cash flow during the 07/21/2021 quarter of the year, this saw their quarterly net cash flow reduce by 307.0 million. In cash movements, the company had a total of 665.0 million as operating cash flow.
Potential earnings growth for Fidelity National Financial Inc. (FNF)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/21/2021 quarter of the year, Fidelity National Financial Inc. recorded a total of 3.1 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 48.0% coming in sequential stages and their sales for the 07/21/2021 quarter reducing by -21.61%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 2.34 billion trying to sell their products during the last quarter, with the result yielding a gross income of 770.0 million. This allows shareholders to hold on to 289.00M with the recently reported earning now reading 2.06 cents per share. This is a figure that compared to analyst’s prediction for their 07/21/2021 (1.56 cents a share).
Having a look at the company’s valuation, the company is expected to record 4.80 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on FNF sounds very interesting.
Is the stock of FNF attractive?
In related news, Chief Operating Officer, Jewkes Roger S sold 30,000 shares of the company’s stock in a transaction that recorded on May 18. The sale was performed at an average price of 46.64, for a total value of 1,399,167. As the sale deal closes, the Director, THOMPSON CARY H now sold 9,000 shares of the company’s stock, valued at 414,765. Also, EVP, Chief Legal Officer, SADOWSKI PETER T sold 25,000 shares of the company’s stock in a deal that was recorded on Apr 12. The shares were price at an average price of 43.89 per share, with a total market value of 1,097,330. Following this completion of acquisition, the Director, FOLEY WILLIAM P II now holds 748,279 shares of the company’s stock, valued at 32,526,940. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.90%.
5 out of 7 analysts covering the stock have rated it a Buy, while 1 have maintained a Hold recommendation on Fidelity National Financial Inc.. 0 analysts has assigned a Sell rating on the FNF stock. The 12-month mean consensus price target for the company’s shares has been set at $52.80.