Discover Why First Horizon National (FHN) is a Top Value Stock for Long-Term Investors
Investing in the stock market can be a daunting task for both seasoned professionals and novice investors alike. The goal is to take full advantage of the market and invest with confidence, and one way to do this is by utilizing the Zacks Style Scores. These complementary indicators rate stocks based on value, growth, and momentum characteristics, making it easier to find great stocks. For value-focused investors, the key is to find good stocks at good prices and discover which companies are trading below their true value before the broader market catches on. The Value Style Score utilizes ratios like P/E, PEG, Price/Sales, and Price/Cash Flow to help pick out the most attractive and discounted stocks. One such stock that fits this criteria is First Horizon National (FHN), a financial services company based in Memphis, TN. FHN provides diversified financial services mainly through its principal subsidiary, First Horizon Bank, and operates through three business segments: regional banking, mortgage lending, and specialized commercial lending. Currently, FHN holds a Zacks Rank #3 (Hold), a Value Style Score of B, and a VGM Score of B. Compared to the Banks - Southwest industry's P/E of 11.4X, FHN is trading at a forward P/E of 11.4X. It also has a PEG Ratio of 1, a Price/Cash Flow ratio of 10.3X, and a Price/Sales ratio of 2X. Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role too. In the last 60 days, one analyst revised their earnings estimate upwards for fiscal 2025, increasing the Zacks Consensus Estimate by $0.02 to $1.71. FHN has an average earnings surprise of 6.5%. With strong valuation and earnings metrics, a good Zacks Rank, and top-tier Value and VGM Style Scores, investors should strongly consider adding FHN to their portfolios. If you're looking for the latest recommendations from Zacks Investment Research, you can download their 7 Best Stocks for the Next 30 Days report today. Click here to get this free report.
