Stocks Primed For Double-Digit Gains: F.N.B. Corporation (FNB), PayPal Holdings, Inc. (PYPL)

The shares of F.N.B. Corporation (NYSE:FNB) dropped by -27.3% or -$4.07 from its last recorded high of $14.91 which it attained on December 03 to close at $10.84 per share. Over the past 52 weeks, the shares of F.N.B. Corporation has been trading as low as $9.35 before witnessing a massive surge by 15.94% or $1.49. This price movement has led to the FNB stock receiving more attention and has become one to watch out for. It jumped by 1.69% on Sunday and this got the market excited. The stock’s beta now stands at 1.1 and when compared to its 200-day moving average and its 50-day moving average, FNB price stands -14.74% below and -3.58% below respectively. Its average daily volatility for this week is 2.67% which is less than the 3.33% recorded over the past month.

F.N.B. Corporation (FNB) rose 4.84% this week, a trend that has led to both investors and traders taking note of the stock. Over the past one year, the equity price has embarked on a drop that has seen it decline -23.98% and is now up by 10.16% since start of this year. A look at its monthly performance shows that the stock has recorded a -0.82% fall over the past 30 days. Its equity price dipped by -14.31% over the past three months which led to its overall six-month decrease to stand at -19.29%.

Experts from research firms are bullish about the near-term performance of F.N.B. Corporation with most of them predicting a $13.35 price target on a short-term (12 months) basis. The average price target by the analysts will see a 23.15% rise in the stock and would lead to FNB’s market cap to surge to $4.33B. The stock has been rated an average 0, which roughly stands towards the bullish end of the spectrum. Reuters looked into the 12 analysts that track F.N.B. Corporation (NYSE:FNB) and find out that 4 of them rated it as a Hold. 8 of the 8 analysts rated it as a Buy or a Strong Buy while 0 advised investors to desist from buying the stock or sell it if they already possess it.

A look at FNB technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 56.52 point. Its trading volume has lost -256790 shares compared to readings over the past three months as it recently exchanged 2733210 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 2990000 shares, and this is 0.91 times the normal volume.

The price of PayPal Holdings, Inc. (NASDAQ:PYPL) currently stands at $90.65 after it went down by $-0.05 or -0.06% and has found a strong support at $90.12 a share. If the PYPL price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $89.59 mark would also be bad for the stock as it means that the stock would plunge by 1.17% from its current position. However, if the stock price is able to trade above the resistance point around $91.16, then it could likely surge higher to try and break the upward resistance which stands at $91.67 a share. Its average daily volatility over the past one month stands at 3.59%. The stock has plunged by 0.61% from its 52-weeks high of $90.1 which it reached on Sep. 13, 2018. In general, it is 22.54% above its 52-weeks lowest point which stands at $70.22 and this setback was observed on Mar. 05, 2018.

Analysts have predicted a price target for PayPal Holdings, Inc. (PYPL) for 1 year and it stands at an average $99.47/share. This means that it would likely increase by 9.73% from its current position. The current price of the stock has been moving between $90.1 and $91.1442. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $70. On the other hand, one analyst is super bullish about the price, setting a target as high as $119.

The PYPL stock Stochastic Oscillator (%D) is at 95.63%, which means that it is currently overbought and its prices could dip very soon. The shares P/S ratio stands at 7.14 which compares to the 5.62 recorded by the industry or the 123.63 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 31.44, which is lower than the 47.64 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 20.5% over the past five years.

Analysts view PayPal Holdings, Inc. (NASDAQ:PYPL) as a Buy, with 1.8 consensus rating. Reuters surveyed 45 analysts that follow PYPL and found that 10 of those analysts rated the stock as a Hold. The remaining 35 were divided, with 35 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying PayPal Holdings, Inc. (PYPL) shares or sell it if they already own it.