Fifth Third Bancorp [NASDAQ:FITB]: Analyst Rating and Earnings
Stock market traders frequently keep their eyes on what Wall Street experts as it relates to a potential investment. For Fifth Third Bancorp [FITB], the most recent analyst consensus recommendation available since its latest financial results for the quarter ending in December. On average, stock market experts give FITB an Hold rating. Its stock price has been found in the range of 22.12 to 34.67. This is compared to its latest closing price of $27.70.
Wall Street analysts provide their ratings on a scale of 1 to 5, and the current average score for Fifth Third Bancorp [FITB] is sitting at 2.54. This is compared to 1 month ago, when its average rating was 2.56.
For the quarter ending in Dec-18 Fifth Third Bancorp [FITB] generated $1.66 billion in sales. That’s 0.21% lower than the average estimate of $1.66 billion as provided by Wall Street analysts. The three indicators above suggest that overall, this stock is demonstrating a mixed bag of positive appeal and some drawbacks, making it a somewhat risky investment that also has the potential to generate high ROI in the long run.
Keep your eyes peeled for the soon-to-be-published financial results of this company, which are expected to be made public on Tue 23 Apr (In 55 Days).
Fundamental Analysis of Fifth Third Bancorp [FITB]
Now let’s turn to look at profitability: with a current Operating Margin for Fifth Third Bancorp [FITB] sitting at +34.68, this company’s Net Margin is now 52.20%. These measurements indicate that Fifth Third Bancorp [FITB] is generating considerably more profit, after expenses are accounted for, compared to its market peers.
This company’s Return on Total Capital is 8.06, and its Return on Invested Capital has reached 9.20%. Its Return on Equity is 13.30, and its Return on Assets is 1.50. These metrics show a mixed bag, which means that this investment’s attractiveness can be quickly increased or decreased in the short term, depending on future updates FITB financial performance.
Turning to investigate this organization’s capital structure, Fifth Third Bancorp [FITB] has generated a Total Debt to Total Equity ratio of 104.15. Similarly, its Total Debt to Total Capital is 51.02, while its Total Debt to Total Assets stands at 11.59. Looking toward the future, this publicly-traded company’s Long-Term Debt to Equity is 96.70, and its Long-Term Debt to Total Capital is 43.49. This company is not leveraging its assets to take on debt, which stunts its growth and limits the ROI for investors.
The Enterprise Value to Sales for this firm is now 4.18, and its Total Debt to Enterprise Value stands at 0.53.
Similarly, this company’s Total Asset Turnover is 0.06.
Fifth Third Bancorp [FITB] has 663.20M shares outstanding, amounting to a total market cap of $18.21B. Its stock price has been found in the range of 22.12 to 34.67. At its current price, it has moved by -20.80% from its 52-week high, and it has moved 24.14% from its 52-week low.
This stock’s Beta value is currently 1.36, which indicates that it is more volatile that the wider market. This stock’s Relative Strength Index (RSI) is at 60.18. This RSI score is good, suggesting this stock is neither overbought or oversold.
Conclusion: Is Fifth Third Bancorp [FITB] a Reliable Buy?
Shares of Fifth Third Bancorp [FITB], on the whole, present investors with both positive and negative signals. Wall Street analysts have mixed reviews when it comes to the 12-month price outlook, and this company’s financials show a combination of strengths and weaknesses. Based on the price performance, this investment is somewhat risky while presenting reasonable potential for ROI.