Jueves, 23 Marcha, 2017

Analyst Reviews: Fifth Third Bancorp (FITB)

Fifth Third Bancorp Analyst Reviews: Fifth Third Bancorp (FITB)
Manuel Armenta | 21 Marcha, 2017, 05:31

Boasting a price of $26.38, Fifth Third Bancorp (NASDAQ:FITB) traded -1.13% lower on the day.

On 8/21/2015 James C Leonard, SVP, sold 11,803 with an average share price of $20.20 per share and the total transaction amounting to $238,420.60. Zacks Investment Research upgraded Fifth Third Bancorp from a "hold" rating to a "buy" rating and set a $31.00 price objective on the stock in a research note on Tuesday, February 28th. Robert W. Baird also Downgrade the company to Underperform on 16-Nov-16, 2016.

3/3/2017-Evercore ISI was Downgraded by analysts at Evercore ISI from a "Hold " rating to a " Underperform" rating. The Company has 52-week high of $28.97 and 52-week low of $16.02. The company has a Return on Assets (ROA) of 1.00%.

3/7/2017-Rafferty Capital Markets was Downgraded by analysts at Rafferty Capital Markets from a "Buy " rating to a " Hold" rating.

First Bancorp is now showing -4.7% EPS growth this year. An earnings estimate is an analyst's estimate for a company's future quarterly or annual earnings. By placing estimates on the earnings of a firm for certain periods (quarterly, annually, etc), analysts can then use cashflow analysis to approximate a fair value for a company, which in turn will give a target share price for publicly traded companies.

The 6 analysts offering 12-month price forecasts for First Bancorp have a median target of 7.50, with a high estimate of 8.50 and a low estimate of 7.00. 26 Analysts reported that the Price Target for Fifth Third Bancorp might touch $30 high while the Average Price Target and Low price Target is $27.49 and $24 respectively.

Fifth Third Bancorp (FITB) stock price distance from twenty day simple moving average slumped at -3.85% while its distance from fifty day simple moving average declined -2.22% along with 17.27% above distance from two hundred simple moving averages. Moving averages are used as a strong indicator for technical stock analysis and it helps investors in figuring out where the stock has been and also help in determining where it may be possibly heading. The company reported the earnings of $0.49/Share in the last quarter where the estimated EPS by analysts was $0.43/share.

On 2/28/2017 Fifth Third Bancorp announced a quarterly dividend of $0.14 1.95% with an ex dividend date of 3/29/2017 which will be payable on 4/17/2017.

When we look at the recommendation trends, the stock presently has an average brokerage recommendation of 0. On these bases, analysts would recommend this stock as an "Active Spinning Stocks". The share price is now down -1.58% for the past three months. Beta factor was calculated at 1.29.

PA increased its position in shares of Fifth Third Bancorp by 8.3% in the fourth quarter. The average true range of the stock is observed at 0.58 and the relative strength index of the stock is recorded at 40.22. If you are investing like Buffett, the report can assist in finding the company with the durable competitive advantage, and if Peter Lynch is your hero, you might find a low P/E ratio, share buyback or future earnings growth in the depths of the report.

In most recent quarter, LT Debt/Equity ratio was listed at 0.97 and Total Debt/Equity ratio was noted at 0.97.