Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Fifth Third Bancorp (NASDAQ: FITB) closed at $39.86 down -1.46% from its previous closing price of $40.45. In other words, the price has decreased by -$1.46 from its previous closing price. On the day, 4.91 million shares were traded.
Ratios:
For a deeper understanding of Fifth Third Bancorp’s stock, let’s take a closer look at its various ratios. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.68.
On May 01, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $37.50 to $39.50.
Robert W. Baird Downgraded its Outperform to Neutral on April 01, 2024, while the target price for the stock was maintained at $32.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Feb 19 ’25 when Leonard James C. sold 17,200 shares for $44.26 per share. The transaction valued at 761,279 led to the insider holds 244,487 shares of the business.
Lavender Kevin P sold 21,700 shares of FITB for $945,100 on Feb 20 ’25. The EVP now owns 130,856 shares after completing the transaction at $43.55 per share. On Feb 20 ’25, another insider, Gibson Kala, who serves as the EVP of the company, sold 8,998 shares for $43.64 each. As a result, the insider received 392,712 and left with 48,513 shares of the company.
Valuation Measures:
As of this moment, Fifth’s Price-to-Earnings (P/E) ratio for their current fiscal year is 12.71, and their Forward P/E ratio for the next fiscal year is 9.68. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.92 while its Price-to-Book (P/B) ratio in mrq is 1.52.
Stock Price History:
Over the past 52 weeks, FITB has reached a high of $49.07, while it has fallen to a 52-week low of $33.82. The 50-Day Moving Average of the stock is -7.88%, while the 200-Day Moving Average is calculated to be -5.06%.
Shares Statistics:
A total of 669.85M shares are outstanding, with a floating share count of 664.35M. Insiders hold about 0.56% of the company’s shares, while institutions hold 86.12% stake in the company.
