Franco-Nevada Corporation (NYSE: FNV) is 33.72% higher on its value in year-to-date trading and has touched a low of $112.70 and a high of $158.52 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The FNV stock was last observed hovering at around $153.28 in the last trading session, with the day’s gains setting it 3.96%.
Currently trading at $157.24, the stock is 5.00% and 10.92% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.8 million and changing 2.58% at the moment leaves the stock 22.97% off its SMA200. FNV registered 36.90% gain for a year compared to 6-month gain of 22.79%. The firm has a 50-day simple moving average (SMA 50) of $141.7612 and a 200-day simple moving average (SMA200) of $127.8715.
The stock witnessed a 11.66% loss in the last 1 month and extending the period to 3 months gives it a 33.89%, and is 1.10% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.07% over the week and 2.65% over the month.
Franco-Nevada Corporation (FNV) has around 40 employees, a market worth around $30.28B and $1.11B in sales. Current P/E ratio is 54.82 and Fwd P/E is 33.36. Profit margin for the company is 49.61%. Distance from 52-week low is 39.52% and -0.81% from its 52-week high. The company has generated returns on investments over the last 12 months (9.19%).
The EPS is expected to grow by 23.38% this year
807.0 institutions hold shares in Franco-Nevada Corporation (FNV), with institutional investors hold 77.60% of the company’s shares. The shares outstanding are 192.55M, and float is at 191.12M with Short Float at 1.07%. Institutions hold 77.06% of the Float.
The top institutional shareholder in the company is MASSACHUSETTS FINANCIAL SERVICES CO /MA/ with over 12.29 million shares valued at $1.46 billion. The investor’s holdings represent 6.3893 of the FNV Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 10.37 million shares valued at $1.23 billion to account for 5.3908 of the shares outstanding. The other top investors are FMR LLC which holds 10.26 million shares representing 5.3345 and valued at over $1.22 billion, while VAN ECK ASSOCIATES CORP holds 4.4861 of the shares totaling 8.63 million with a market value of $1.02 billion.
