Alert: New Earnings Report (10/17/19)-F.N.B. Corp (NYSE: FNB).

out_logo_500#22430.jpg

F.N.B. Corp (NYSE: FNB) has reported earnings for its third fiscal quarter (ending September 30) of $0.31 versus $0.30 for the same period a year ago — an increase of 3%. Relative to the consensus estimate of $0.29, this was a premium of $0.02. For the latest four quarters through September 30, E.P.S. were $1.18 versus $0.89 for the same period a year ago — an increase of 33%.

out_etable#22430.jpg

Recent Price Action

out_mm#22430.jpg
F.N.B. Corp (NYSE: FNB) stock closed at $12.14 on 10/17/19 after a modest gain of 1.0%. Moreover, unusually high trading volume at 199% of normal accompanied the advance. The stock has performed in line with the market over the last nine months and has risen 7.3% during the last week.

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to be in line with the cost of capital, FNB is expected to continue to be Value Creation neutral.

F.N.B. has a current Value Trend Rating of C (Neutral). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. F.N.B. has a slightly positive Appreciation Score of 62 and a neutral Power Rating of 47, triggering the Neutral Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

About John Lafferty 52821 Articles
During his career, John has developed valuation and stock rating methodologies, managed institutional portfolios and mutual funds, and provided equity research to institutional investors on thousands of companies. He has been Director of Research at PTR since its inception in 2004.

Be the first to comment

Leave a Reply

Your email address will not be published.


*


This site uses Akismet to reduce spam. Learn how your comment data is processed.