Fifth Third Bancorp (FITB) will report its next earnings on 25-Apr-17. The company reported the earnings of $0.49/Share in the last quarter where the estimated EPS by analysts was $0.43/share. The difference between the expected and actual EPS was $0.06/share, which represents an Earnings surprise of 14%.
Many analysts are providing their Estimated Earnings analysis for Fifth Third Bancorp and for the current quarter 30 analysts have projected that the stock could give an Average Earnings estimate of $0.38/share. These analysts have also projected a Low Estimate of $0.36/share and a High Estimate of $0.42/share.
In case of Revenue Estimates, 19 analysts have provided their consensus Average Revenue Estimates for Fifth Third Bancorp as 1.49 Billion. According to these analysts, the Low Revenue Estimate for Fifth Third Bancorp is 1.47 Billion and the High Revenue Estimate is 1.5 Billion. The company had Year Ago Sales of 1.55 Billion.
These analysts also forecasted Growth Estimates for the Current Quarter for FITB to be -5%. They are projecting Next Quarter growth of 7.5%. For the next 5 years, Fifth Third Bancorp is expecting Growth of 4.77% per annum, whereas in the past 5 years the growth was 1.92% per annum.
Some buy side analysts are also providing their Analysis on Fifth Third Bancorp, where 0 analysts have rated the stock as Strong buy, 0 analysts have given a Buy signal, 0 said it’s a HOLD, 0 reported it as Underperform and 0 analysts rated the stock as Sell. (These Recommendations are for the Current Month Only reported by Yahoo Finance.)
When it comes to the Analysis of a Stock, Price Target plays a vital role. 26 Analysts reported that the Price Target for Fifth Third Bancorp might touch $30 high while the Average Price Target and Low price Target is $27.49 and $24 respectively.
To analyze a stock, one should look for Upgrades and Downgrades of a stock. Fifth Third Bancorp got Downgrade on 25-Jan-17 where investment firm Macquarie Downgrade the stock from Outperform to Neutral.
Fifth Third Bancorp closed its last trading session at $26.65 with the loss of -1.13%. The Market Capitalization of the company stands at 19.78 Billion. The Company has 52-week high of $28.97 and 52-week low of $16.02. The stock’s current distance from 20-Day Simple Moving Average (SMA20) is -3.85% where SMA50 and SMA200 are -2.22% and 17.27% respectively. The Company Touched its 52-Week High on Mar 1, 2017 and 52-Week Low on Apr 7, 2016.
The Relative Volume of the company is 1.99 and Average Volume (3 months) is 5.88 million. Fifth Third Bancorp P/E (price to earnings) ratio is 13.65 and Forward P/E ratio of 13.17.
The company shows its Return on Assets (ROA) value of 1%. The Return on Equity (ROE) value stands at 9.7%. While it’s Return on Investment (ROI) value is 9.5%.
While looking at the Stock’s Performance, Fifth Third Bancorp currently shows a Weekly Performance of -2.98%, where Monthly Performance is -4.39%, Quarterly performance is -1.58%, 6 Months performance is 29.75% and yearly performance percentage is 59.43%. Year to Date performance value (YTD perf) value is -2.3%. The Stock currently has a Weekly Volatility of 2.03% and Monthly Volatility of 1.98%.