With 0.55 million shares changed hands, the volume of the stock remained lighter than its average volume of 1.01 million shares. The 52-week range on FNV shows that it touched its highest point at $178.74 and its lowest point at $112.70 during that stretch. It currently has a 1-year price target of $181.25. With its current market cap of 31.60 billion, FNV has annualized dividend of $1.46 while the current yield stands at 0.89%. Beta for the stock currently stands at 0.43.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of FNV was up-trending over the past week, with a rise of 3.14%, but this was down by -3.59% over a month. Three-month performance surged to 18.27% while six-month performance rose 38.47%. The stock gained 27.09% in the past year, while it has gained 39.49% so far this year. A look at the trailing 12-month EPS for FNV yields 3.20 with Next year EPS estimates of 4.99. For the next quarter, that number is 1.07. This implies an EPS growth rate of 38.78% for this year and 11.95% for next year. EPS is expected to grow by 17.86% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 9.38%.
Float and Shares Shorts:
At present, 192.65 million FNV shares are outstanding with a float of 191.25 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for FNV since 9 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 5 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.34287 being high and $2.71487 being low. For FNV, this leads to a yearly average estimate of $3.08201. Based on analyst estimates, the high estimate for the next quarter is $1.3 and the low estimate is $1.03. The average estimate for the next quarter is thus $1.15.
