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 19.8 (0.30% today). The market cap for Fifth Third Bancorp is 15128.19, and is in the sector Financial, and Regional – Midwest Banks industry. The target price for Fifth Third Bancorp is 21.05. Currently Fifth Third Bancorp is trading with a P/E of 9.75, and a forward P/E of 11.8. Average volume for Fifth Third Bancorp is 6376.36 and so far today it is 17023600.

Performance in the last year for Fifth Third Bancorp has been 6.98%. For EPS growth, Fifth Third Bancorp has seen a growth of 20.70%, and is looking to grow in the next year to 4.94%. More long term stats show that EPS growth has been 26.30% over the last five years and could be 4.16% 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 11.70%. The 20-day simple moving average is -0.77%, with the 200-day simple moving average coming to 11.05%.

Since the IPO date for Fifth Third Bancorp on the 3/26/1990, Fifth Third Bancorp has seen performance year to date to be 0.69%. With Fifth Third Bancorp trading at 19.8, the dividend yield is 2.63%, and the EPS is 2.03.

So could Fifth Third Bancorp, be undervalued? Well as said before P/E is 9.75. The PEG is 2.35, P/S is 3.66 and the P/B is at 0.98. The P/cash is 3.3, with P/free cash flow at 9.54.

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 38.70%.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 81.60%. Outstanding shares are at 764.05. While shares float is 762.39. The float short is currently 2.80%, and short ratio is 3.35.

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