Unveiling First Horizon – Insights from Our Analysts

By Blake Campbell • Wednesday, November 13 15:11 • Permanent Link

Large-cap Finance company First Horizon has moved 1.6% so far today on a volume of 6,002,061, compared to its average of 6,169,637. In contrast, the S&P 500 index moved 0.0%.

First Horizon trades 3.19% away from its average analyst target price of $19.57 per share. The 15 analysts following the stock have set target prices ranging from $17.0 to $23.0, and on average have given First Horizon a rating of buy.

If you are considering an investment in FHN, you'll want to know the following:

First Horizon's current price is -14.3% below its Graham number of $23.56, which implies the stock has a margin of safety
First Horizon has moved 59.0% over the last year, and the S&P 500 logged a change of 32.9%
Based on its trailing earnings per share of 1.37, First Horizon has a trailing 12 month Price to Earnings (P/E) ratio of 14.7 while the S&P 500 average is 29.3
FHN has a forward P/E ratio of 12.9 based on its forward 12 month price to earnings (EPS) of $1.57 per share
The company has a price to earnings growth (PEG) ratio of 1.48 — a number near or below 1 signifying that First Horizon is fairly valued compared to its estimated growth potential
Its Price to Book (P/B) ratio is 1.25 compared to its sector average of 1.86
First Horizon Corporation operates as the bank holding company for First Horizon Bank that provides various financial services.
Based in Memphis, the company has 7,200 full time employees and a market cap of $10.71 Billion. First Horizon currently returns an annual dividend yield of 3.0%.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.