Electronics

Bernstein Lowers Fifth Third Bancorp (FITB) to Market Perform

Bernstein Lowers Fifth Third Bancorp (FITB) to Market Perform

Fifth Third Bancorp (NASDAQ:FITB) traded 5.61 Million shares and was closed at $25.68 per share. The company has a market capitalization of $19.22 Billion.

With a total market value of $0, Fifth Third Bancorp has price-earnings ratio of 11.39 with a one year low of $13.84 and a one year high of $25.75.

Fifth Third Bancorp (NASDAQ:FITB) stock is presently standing at about $26.29 and lots of equity research firms seem to have a target price set on the stock.

Fifth Third Bancorp (NASDAQ:FITB) last announced its quarterly earnings data on Thursday, October 20th. They are projecting Next Quarter growth of -2.5%.

The company has YTD performance of 5.32 percent.

This company was Downgrade by Bernstein on 16-Nov-16 to Mkt Perform.

Fifth Third Bancorp (NASDAQFITB), from the Financial sector exhibited a worth of $ 25.68 today, demonstrating a change in price of 0.98%. The median estimate represents a 1.71% increase from the last price of 113.07.

Stifel Financial Corp. (NYSE:SF) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it 1.56% to close at $50.76 with the total traded volume of 466500 shares.

Southern Company (NYSE:SO) in the last quarter reported its actual EPS of $1.28/share where the analyst estimated EPS was $1.17/share. Zacks Research also uses an analyst ratings scale that ranges from 1 to 5. The firm earned "Neutral" rating on Friday, October 2 by Goldman Sachs. Three analysts have rated the stock with a sell rating, twenty-two have assigned a hold rating and six have issued a buy rating to the company's stock. The mean price target is calculated keeping in view the consensus of 32 analysts. 2 brokerage firms have recommended as a Hold. The reported cash dividend equated to about $0.390625 per depositary share, or $390.625 per share of the Series A Preferred Stock outstanding.

Revenue is expected to range from 1.51 Billion to 1.56 Billion with an average of 1.53 Billion. During the same period in the previous year, the business posted $0.45 earnings per share. The company's stock has a Return on Assets (ROA) of 2.8 percent, a Return on Equity (ROE) of 11.4 percent and Return on Investment (ROI) of 6.3 percent. The firm touched its 52-Week high on Jul 22, 2016 and 52-Week low on Dec 3, 2015.

Boston Scientific Corporation (NYSE:BSX) is now showing 11.5% EPS growth this Quarter. Analyst forecasts, earnings estimates and price target projections are issued to help their clients make money through stock investments. Considering the earnings reaction history, The Company has topped 66% percentage. The company has volume of 5.61 Million shares.

This company was Upgrade by Barclays on 14-Jul-16 to Overweight. 28 Analysts reported that the Price Target for Fifth Third Bancorp might touch $27 high while the Average Price Target and Low price Target is $23.18 and $16 respectively. The median estimate represents a +10.33% increase from the last price of 47.13.

Research analysts at FIG Partners raised their Q2 2018 earnings per share estimates for Fifth Third Bancorp in a note issued to investors on Wednesday. The number of times the company missed analysts' estimates is 0. (NYSE:X) is $20.93 while their mean recommendation is 2.60 (1=Buy, 5=sell).

Beta factor of the stock stands at 0.95. In comparison, the consensus recommendation 60 days ago was at 3.03, and 90 days ago was at 3.03 respectively. Aqr Mngmt Ltd Llc has 0.05% invested in the company for 1.66 million shares.