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 18.35 (0.49% today). The market cap for Fifth Third Bancorp is 14125.28, and is in the sector Financial, and Regional – Midwest Banks industry. The target price for Fifth Third Bancorp is 19.75. Currently Fifth Third Bancorp is trading with a P/E of 9.16, and a forward P/E of 10.91. Average volume for Fifth Third Bancorp is 7251 and so far today it is 1743826.

Performance in the last year for Fifth Third Bancorp has been -12.95%. For EPS growth, Fifth Third Bancorp has seen a growth of 20.70%, and is looking to grow in the next year to 8.14%. More long term stats show that EPS growth has been 26.30% over the last five years and could be 3.63% for the next five years. Fifth Third Bancorp has seen sales growth quarter over quarter at 7.00%, with EPS growth quarter over quarter at -5.70%. The 20-day simple moving average is 2.05%, with the 200-day simple moving average coming to 3.06%.

Since the IPO date for Fifth Third Bancorp on the 3/26/1990, Fifth Third Bancorp has seen performance year to date to be -7.72%. With Fifth Third Bancorp trading at 18.35, the dividend yield is 2.85%, and the EPS is 1.99.

So could Fifth Third Bancorp, be undervalued? Well as said before P/E is 9.16. The PEG is 2.53, P/S is 3.45 and the P/B is at 0.94. The P/cash is 3.15, with P/free cash flow at 8.15.

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 1.02, and total debt/equity at 1.02.

In terms of margins, Fifth Third Bancorp has a gross margin of *TBA, an operating margin of 76.70% and a profit margin of 38.80%.Payout ratio for Fifth Third Bancorp is 25.80%. 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 83.20%. Outstanding shares are at 773.56. While shares float is 764.83. The float short is currently 2.72%, and short ratio is 2.86.

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

Peter Clarke

Leave a Comment