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Is this Large Market Cap Stock target price reasonable for First Horizon National Corporation (NYSE:FHN)?

The company in question is, First Horizon National Corporation (NYSE:FHN) currently with a stock price of 14.74 (-2.09% today). The market cap for First Horizon National Corporation is 3496.48, and is in the sector Financial, and Regional – Southeast Banks industry. The target price for First Horizon National Corporation is 15.63. Currently First Horizon National Corporation is trading with a P/E of 16.92, and a forward P/E of 14.23. Average volume for First Horizon National Corporation is 1992.63 and so far today it is 3348050.

Performance in the last year for First Horizon National Corporation has been 11.48%. For EPS growth, First Horizon National Corporation has seen a growth of -62.60%, and is looking to grow in the next year to 11.49%. More long term stats show that EPS growth has been 30.00% over the last five years and could be 7.00% for the next five years. First Horizon National Corporation has seen sales growth quarter over quarter at 5.60%, with EPS growth quarter over quarter at 12.40%. The 20-day simple moving average is -2.57%, with the 200-day simple moving average coming to 6.88%.

Since the IPO date for First Horizon National Corporation on the 3/26/1990, First Horizon National Corporation has seen performance year to date to be 5.29%. With First Horizon National Corporation trading at 14.74, the dividend yield is 1.86%, and the EPS is 0.89.

So could First Horizon National Corporation, be undervalued? Well as said before P/E is 16.92. The PEG is 2.42, P/S is 4.59 and the P/B is at 1.52. The P/cash is 1.21, with P/free cash flow at 28.04.

First Horizon National Corporation ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 0.47, and total debt/equity at 0.47.

In terms of margins, First Horizon National Corporation has a gross margin of *TBA, an operating margin of 87.80% and a profit margin of 27.60%.Payout ratio for First Horizon National Corporation is 29.00%. Return on assets come to 0.80% with return on investment coming to 17.80%.

Insider ownership for First Horizon National Corporation, is at 1.60% and institutional ownership comes to 80.30%. Outstanding shares are at 232.17. While shares float is 228.73. The float short is currently 5.77%, and short ratio is 6.62.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Tony Dabbs

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