Looking at top Wall Street opinions, First Horizon National Corporation (NYSE: FHN) has recently made its way into the research list of Jefferies – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Hold in the eyes of Jefferies, whereas its previous rating was Buy in the eyes of Jefferies, as reported on Monday, April 1st, 2019. Another heavy-hitting research note was published by Evercore ISI on Friday January 25th, 2019, with this firm downgrading FHN to an updated rating of In-line from its previous rating of Outperform. In the past six months and three months of trading, shares of First Horizon National Corporation (FHN) have moved by 1.17% and -1.88%, respectively.
Brokerage Updates Related to First Horizon National Corporation (FHN) Stock
This publicly-traded organization generated gains of 3.75% over the last 5 sessions. Right now, this stock is the subject of 18 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 4 have given a rating of Buy or better. Based on the 18 stock market experts following this company, the average 12-month price target is $16.46. Moreover, individual price targets range between $14.00-$20.00. With its recent move to $16.00, we can see that these firms project this stock will loss by -23.30% in one year.
Updates from First Horizon National Corporation (FHN) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 1.20% rise since the beginning of the calendar year. A EVP and General Counsel at First Horizon National Corporation (FHN) sold off some of its shares in a transaction that was finalized on Apr 26. Similarly, Springfield Susan L sold 29,625 shares of the organization’s stock at $14.89 apiece and racked up $441,081 in earnings from the sale. Now, Springfield Susan L holds 131,381 shares of the company following the exchange. A Director of the organization named NISWONGER SCOTT M, was engaged in a transaction that occurred on Dec 10 that managed to be worth $363,763 from the purchase of 25,000 common shares at a price of $14.55 per individual share.
First Horizon National Corporation (NYSE:FHN) Results in the Pipeline
The next scheduled release of financial results for First Horizon National Corporation will be for the Mar-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.34. In the same vein, they expect sales for the quarter to amount to $429.64 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $435.55 million in revenue alongside EPS at $0.35. On average, the analyst projection was calling for $412.81 million with $0.35 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $441.81 million, with earnings per share ending up at $0.36.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) experienced a drop of -1.21% from the closing price in the previous trading day. That drove the price to $12.20 per share, as observed on December 31st, 1969, at a time when the total trading volume reached 2,613,429 shares of stock – compared to the typical average of 6.60M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $17.87.
Pricing Indications for Bed Bath & Beyond Inc. (BBBY)
This organization has had a price-to-earnings ratio of in the last year. Meanwhile, it gained 15.54 from its observable 50-day simple moving average. Right at this moment, the per-share value is -18.66% lower than the mean per-share price over the last 200 days in the market.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 2 have a Buy rating, 0 have an outperform rating, while 16 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 2 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 3.00, based on information from Thomson Reuters.
BBBY Stock Value Potential
In trading activity as of late, this stock’s value was 14.97 up from its 200 day moving average, while also -21.95% down when compared against its 50-day simple moving average. Over the course of the past year of trading, the share price stuck in the range of $14.00-$25.00. The market value for the entire organization reached 1.61B. In the last trading session, the price ended the day at $12.35. The institutional holdings related to this organization account for 2.30%, and the Beta factor is now 1.30. This company’s RSI (Relative Strength Index) managed to hit 25.51.
Bed Bath & Beyond Inc. (NASDAQ:BBBY) Analyst Points of Focus
Bed Bath & Beyond Inc. (BBBY) has found itself inside of Telsey Advisory Group’s research list, so their analyst rating adjustment is worth taking note of. This stock was Reiterated to Market Perform, by Telsey Advisory Group, as garnered from a news report on Thursday April 11th, 2019. An additional helpful research note was sent out by Morgan Stanley’s on Friday April 5th, 2019. The brokerage decided to upgrade BBBY to Equal-Weight from its previous rating of Underweight.