Fifth Third Bancorp (NASDAQ:FITB) went down by -3.52% from its latest closing price when compared to the 1-year high value of $30.31 and move down -18.82%, while FITB stocks collected -3.88% of loss with the last five trading sessions.
Fifth Third Bancorp (NASDAQ:FITB) Worth an Investment?
Fifth Third Bancorp (NASDAQ: FITB) scored price to earnings ratio above its average ratio, recording 8.60 times of increase in earnings at the present.
FITB Market Performance
FITB stocks went down by -3.88% for the week, with the monthly drop of -8.40% and a quarterly performance of -5.52%, while its annual performance rate touched -12.43%. The simple moving average for the period of the last 20 days is -9.29% for FITB stocks with the simple moving average of -5.35% for the last 200 days.
Analysts’ Opinion on Fifth Third Bancorp (NASDAQ:FITB)
Many brokerage firms have already submitted their reports for FITB stocks, with Citigroup repeating the rating for FITB shares by setting it to “Neutral”. The predicted price for FITB socks in the upcoming period according to Citigroup is $30 based on the research report published on July 12, 2019.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see FITB stock at the price of $32. The rating they have provided for FITB stocks is “Outperform” according to the report published on April 4, 2019.
Jefferies gave “ Buy” rating to FITB stocks, setting the target price at $32 in the report published on April 1, 2019.
FITB Stocks -8.16% Far from 50 Day Moving Average
After a stumble in the market that brought FITB to its low price for the period of the last 52 weeks, Fifth Third Bancorp was unable to take a rebound, for now settling with -15.84% of loss for the given period.
The stock volatility was left at 2.40%, however, within the period of a single month, the volatility rate increased by 2.08%, while the shares sank at the distance of -7.51% for the moving average in the last 20 days. In oppose to the moving average for the last 50 days, trading by -6.66% lower at the present time.
In the course of the last 5 trading sessions, FITB went down by -3.88%, which changed the moving average for the period of 200 days to the total of -1.39% of losses for the stock in comparison to the 20-day moving average settled at $28.02. In addition, Fifth Third Bancorp saw 8.41% in overturn over the period of a single year with a tendency to cut further gains.
FITB Stock Insider Trading
Reports are indicating that there were more than several insider trading activities at Fifth Third Bancorp (FITB), starting from ANDERSON LARS C, who sold 25,000 shares at the price of $29.75 back on Jul 24. After this action, Rushing now owns 241,579 shares of Fifth Third Bancorp, valued at $743,750 with the latest closing price.
Hoover Jewell D, the Director of Fifth Third Bancorp, sold 3,739 shares at the value of $26.51 during a trade that took place back on Jun 03, which means that Hoover Jewell D is holding 50,397 shares at the value of $99,106 based on the most recent closing price.
FITB Stock Fundamentals
The current profitability levels are settled at +31.75 for the present operating margin. The net margin for Fifth Third Bancorp stands at +29.01. Total capital return value is set at 6.92, while invested capital returns managed to touch 7.69. Equity return holds the value 13.50%, with 1.40% for asset returns.
Based on Fifth Third Bancorp (FITB), the company’s capital structure generated 104.15 points for debt to equity in total, while total debt to capital is set at the value of 51.02. Total debt to assets is settled at the value of 11.59 with long-term debt to equity ratio rests at 75.85 and long-term debt to capital is 34.11.
The value for Enterprise to Sales is 4.07 with debt to enterprise value settled at 0.53. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.07.