Economy

Trending Stock Analysis: Fifth Third Bancorp (FITB)

The Volatility 3m of Fifth Third Bancorp (NasdaqGS:FITB) is 18.660600. Looking at volatility levels, the stock observed volatility of 1.50% in last week and saw volatility 1.49% over the past one month.

FITB has been the topic of several research reports.

Fifth Third Bancorp (NASDAQ:FITB)posting a -1.41% after which it closed the day' session at $27.97 and sees an average of 5.23M shares trade hands in each session while it's while its relative trading volume is 0.86.

Market capitalization is the total market value of all of a company's outstanding shares. The overall volume in the last trading session was 8,031,926 shares.

Further, we can see that Fifth Third Bancorp (NasdaqGS:FITB) has a Shareholder Yield of 0.045376 and a Shareholder Yield (Mebane Faber) of 0.14753. Finally, Oppenheimer Holdings, Inc. reissued a hold rating on shares of Fifth Third Bancorp in a research note on Saturday, July 22nd.

Analysts have a mean recommendation of 2.90 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).

Fifth Third Bancorp (NasdaqGS:FITB) has a current MF Rank of 8781. Checking in on some other ratios, the company has a Price to Cash Flow ratio of 10.093414, and a current Price to Earnings ratio of 13.945294. Fifth Third Bancorp has a 52-week low of 20.30 and a 52-week high of 28.97. The stock is now moving above its 20-Day Simple Moving Average of 0.5% with a 50-Day Simple Moving Average of 3.74 percent.

Institutions own 81.00% of Fifth Third Bancorp (FITB)'s shares. The analysts estimated EPS for the higher end at 0.56 and lower end at 0.45 while the year ago reported earnings per share was 0.45. The firm had revenue of $1.51 billion for the quarter, compared to analysts' expectations of $1.52 billion. The business's quarterly revenue was up.1% on a year-over-year basis. Year to Date (YTD) performance of Fifth Third Bancorp (FITB) is 4.08 percent while its Performance (Week) is -0.67 percent and Performance (month) is at 3.27 percent.

10/02/2017 - Fifth Third Bancorp was downgraded to "underperform" by analysts at Robert W. Baird.

Fifth Third Bancorp (NASDAQ:FITB) last issued its earnings results on Friday, July 21st. If you are reading this piece on another website, it was illegally stolen and republished in violation of United States & global copyright & trademark legislation.

04/10/2017 - Fifth Third Bancorp had its "neutral" rating reiterated by analysts at Piper Jaffray. These ratios are important while doing valuation of the company or the shares of the company. This repurchase authorization authorizes the financial services provider to repurchase up to 67% of its stock through open market purchases. A P/B ratio of less than 1.0 can indicate that a stock is undervalued, while a ratio of greater than 1.0 may indicate that a stock is overvalued. Investors of record on Friday, September 29th were paid a $0.16 dividend. This represents a $0.64 annualized dividend and a yield of 2.28%. Toronto Dominion Bank raised its holdings in Fifth Third Bancorp by 25.3% in the second quarter. The ex-dividend date of this dividend was Thursday, September 28th.

03/20/2017 - Fifth Third Bancorp was upgraded to "neutral" by analysts at Hilliard Lyons. The shares were sold at an average price of $26.21, for a total value of $183,574.84. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Leading up to this report, we have seen a 6.98% rise in the stock price over the last 30 days and a 9.88% increase over the past 3 months.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Short shares grew 1,353 over that timeframe. The firm owned 138,176 shares of the financial services provider's stock after selling 46,530 shares during the period. Janus Henderson Group PLC raised its stake in shares of Fifth Third Bancorp by 7,461.4% during the 2nd quarter. Toronto Dominion Bank now owns 254,772 shares of the financial services provider's stock valued at $6,612,000 after buying an additional 51,384 shares during the period. In addition, the company provides credit life, accident, health and mortgage insurance, discount brokerage services and property management for its properties.

07/24/2017 - Fifth Third Bancorp had its "market perform" rating reiterated by analysts at BMO Capital Markets. This ratio has been calculated by dividing the current share price by the book value per share.

For investors it's vital to know about both type of ownership about firm, as institutional ownership is the percentage of a stock's float owned by institutions such as mutual funds, pension funds and endowments.



Like this

Latest


19 October 2017
Esperion Therapeutics, Inc. (ESPR) Shares Sold by UBS Asset Management Americas Inc
The stock of Esperion Therapeutics Inc (NASDAQ:ESPR) has "Outperform" rating given on Friday, November 6 by RBC Capital Markets. Barclays Capital downgraded Esperion Therapeutics Inc (NASDAQ:ESPR) on Wednesday, June 29 to "Equal-Weight" rating.

19 October 2017
Man City star Kevin De Bruyne gets frustrated with Silva and Fernandinho
We kept in control because he stopped that penalty. "Everyone is playing at a high level". If we did not play good, we could not beat that team".

19 October 2017
Tillerson: US holds Myanmar military leaders accountable for Rohingya crisis
Why are they fleeing? The latest exodus began on 25 August after Rohingya Arsa militants attacked more than 30 police posts. What is the scale of the crisis? The UN says the Rohingya's situation is the "world's fastest growing refugee crisis".

19 October 2017
HSBC and Standard Chartered investigated over Gupta links
Ajay, Atul and Rajesh Gupta are Indian-born entrepreneurs at the centre of a corruption investigation in South Africa. The brothers are being investigated in South Africa over their close links to President Zuma .

19 October 2017
PM Modi reaches Gurez valley in J&K to celebrate Diwali with troops
Prime Minister Narendra Modi and Union Defence Minister Nirmala Sitharaman celebrated the festival of lights Diwali with soldiers. He spent his first Diwali as Prime Minister also in Kashmir, in Siachen, in the aftermath of devastating floods in the Valley.

19 October 2017
Destiny 2 preloads are now live
All of the footage included in the new trailer were captured in-game from the PC version of the title. I have no idea what it could be aside from the full game preload, but I'll let you know how it goes.

19 October 2017
Pensionfund Sabic Acquires Shares of 31000 Delta Air Lines, Inc. (DAL)
The Company's primary operating subsidiary is Pacific Gas and Electric Company, which operates in northern and central California. ValuEngine downgraded Delta Air Lines from a "strong-buy" rating to a " buy" rating in a research report on Tuesday, July 11th.

19 October 2017
Fight Against California Wildfires Enters New Phase: Search for Bodies
Twenty-three people have died in Sonoma County , eight in Mendocino County , six in Napa County and four in Yuba County . California fires have burned a total of 212,000 acres, accounted for 31 deaths and evacuation of more than 8,000 people.

19 October 2017
Hamas official accuses U.S. of 'blatant interference in Palestinian affairs'
Israel and Hamas have fought three wars since 2008, and the Gaza Strip has been under an Israeli blockade for more than a decade.

19 October 2017
FDA Approves Gilead CAR-T Therapy Yescarta, Plans Regenerative Medicine Policy 'Soon'
It was approved in August for B-cell acute lymphoblastic leukemia, the most common form of childhood cancer in the United States. Each treatment is customized using a patient's own immune cells to fight cancer cells.



Recommended