Stock Updates

Is this Large Market Cap Stock target price reasonable for Fifth Third Bancorp (NASDAQ:FITB)?

The company in question is, Fifth Third Bancorp (NASDAQ:FITB) currently with a stock price of 19.45 (-0.61% today). The market cap for Fifth Third Bancorp is 14766.93, and is in the sector Financial, and Regional – Midwest Banks industry. The target price for Fifth Third Bancorp is 19.94. Currently Fifth Third Bancorp is trading with a P/E of 9.6, and a forward P/E of 11.65. Average volume for Fifth Third Bancorp is 7098.63 and so far today it is 2372484.

Performance in the last year for Fifth Third Bancorp has been -5.12%. For EPS growth, Fifth Third Bancorp has seen a growth of 20.70%, and is looking to grow in the next year to 5.46%. More long term stats show that EPS growth has been 26.30% over the last five years and could be 3.66% for the next five years. Fifth Third Bancorp has seen sales growth quarter over quarter at 4.30%, with EPS growth quarter over quarter at 12.80%. The 20-day simple moving average is 6.87%, with the 200-day simple moving average coming to 9.14%.

Since the IPO date for Fifth Third Bancorp on the 3/26/1990, Fifth Third Bancorp has seen performance year to date to be -1.10%. With Fifth Third Bancorp trading at 19.45, the dividend yield is 2.66%, and the EPS is 2.04.

So could Fifth Third Bancorp, be undervalued? Well as said before P/E is 9.6. The PEG is 2.62, P/S is 3.57 and the P/B is at 0.96. The P/cash is 3.23, with P/free cash flow at *TBA.

Fifth Third Bancorp 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 1.05, and total debt/equity at 1.05.

In terms of margins, Fifth Third Bancorp has a gross margin of *TBA, an operating margin of 76.00% and a profit margin of 38.80%.Payout ratio for Fifth Third Bancorp is 25.30%. Return on assets come to 1.10% with return on investment coming to 8.20%.

Insider ownership for Fifth Third Bancorp, is at 0.40% and institutional ownership comes to 82.80%. Outstanding shares are at 754.57. While shares float is 754.57. The float short is currently 2.96%, and short ratio is 3.15.

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.

About the author

Mark Hines

Leave a Comment