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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 РMidwest 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.

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Mark Hines

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