The shares of F.N.B. Corporation (NYSE:FNB) has been pegged with a rating of Outperform by Raymond James in its latest research note that was published on July 25th, 2018. Raymond James wasn’t the only research firm that published a report of F.N.B. Corporation, with other equities research analysts also giving their opinion on the stock. Stephens advised investors in its research note published on December 13th, 2017, to Equal-Weight the FNB stock. The stock had earned Outperform rating from Boenning & Scattergood when it published its report on August 28th, 2017. The stock was given Outperform rating by FIG Partners in its report released on July 24th, 2017. Raymond James was of a view that FNB is Strong Buy in its latest report on June 13th, 2017 while giving it a price target of $19. Wells Fargo thinks that FNB is worth Outperform rating. This was contained in the firm’s report on June 2nd, 2017.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 4 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $14.15. The price of the stock the last time has raised by 4.62% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 32.37.
The shares of the company dipped by -5.10% during the trading session on Tuesday, reaching a low of $11.455 while ending the day at $11.54. During the trading session, a total of 3.23 million shares were traded which represents a -32.54% decline from the average session volume which is 2.44M shares. FNB had ended its last session trading at 12.16. F.N.B. Corporation currently has a market cap of $3.74B, while its P/E ratio stands at 10.96, while its P/E earnings growth sits at 3.29, with a beta of 0.89. F.N.B. Corporation debt-to-equity ratio currently stands at 0.46, while its quick ratio hovers at . FNB 52-week low price stands at $11.03 while its 52-week high price is $14.91.
The F.N.B. Corporation generated $309.62 million in revenue during the last quarter, which is slightly lower than the $312.97 million predicted by analysts. F.N.B. Corporation has the potential to record 1.05 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Credit Suisse published a research note on October 15th, 2018 where it informed investors and clients that Nucor Corporation (NYSE:NUE) is now rated as Neutral. Stephens also rated NUE as Initiated on December 13th, 2017, with its price target of $9 suggesting that NUE could surge by 20.91% from its current share price. Even though the stock has been trading at $61.19/share, analysts expect it to surge higher by -2.50% to reach $75.43/share. It started the day trading at $61.78 and traded between $59.59 and $59.66 throughout the trading session.
A look at its technical shows that NUE’s 50-day SMA is 61.08 while its 200-day SMA stands at 63.42. The stock has a high of $70.48 for the year while the low is $55.55. The company’s P/E ratio currently sits at 9.90, while the P/B ratio is 1.92. The company’s average trading volume currently stands at 2.55M shares, which means that the short-interest ratio is just 3.28 days. Over the past seven days, the company moved, with its shift of 2.37%. Looking further, the stock has dropped -6.24% over the past 90 days while it lost -11.31% over the last six months.
The Vanguard Group Inc meanwhile bought more NUE shares in the recently filed quarter, changing its stake to $1,646,579,084 worth of shares. SSgA Funds Management Inc followed the path by decreasing its NUE portfolio by -0.54% in the quarter. This means that SSgA Funds Management Inc sold -95,234 shares in the last quarter and now controls 17,383,862 shares of the NUE stock, with the valuation hitting $1,027,733,921.
Similarly, Capital Research Management Co decreased its Nucor Corporation shares by -10.81% during the recently filed quarter. After selling -1,000,000 shares in the last quarter, the firm now controls 8,250,102 shares of Nucor Corporation which are valued at $487,746,030. In the same vein, ClearBridge Investments LLC decreased its Nucor Corporation shares by during the most recent reported quarter. The firm sold -534,741 shares during the quarter which decreased its stakes to 7,657,804 shares and is now valued at $452,729,372. Following these latest developments, around 0.60% of Nucor Corporation stocks are owned by institutional investors and hedge funds.