Looking at top Wall Street opinions, Fifth Third Bancorp (NASDAQ: FITB) has recently made its way into the research list of Citigroup – signaling that their analyst’s rating adjustment is noteworthy. This stock was downgraded to a rating of Neutral in the eyes of Citigroup, whereas its previous rating was Buy in the eyes of Citigroup, as reported on Friday, July 12th, 2019. Another heavy-hitting research note was published by Keefe Bruyette on Thursday April 4th, 2019, with this firm upgrading FITB to an updated rating of Outperform from its previous rating of Mkt Perform. In the past six months and three months of trading, shares of Fifth Third Bancorp (FITB) have moved by -0.67% and -4.33%, respectively.
Brokerage Updates Related to Fifth Third Bancorp (FITB) Stock
This publicly-traded organization generated losses of -10.61% over the last 5 sessions. Right now, this stock is the subject of 25 analysts’ evaluations, who – on average – have given this company’s shares a Buy rating. Of the latest market expert opinions, 1 have given an underperform rating, 0 has given a sell rating, and 5 have given a rating of Buy or better. Based on the 25 stock market experts following this company, the average 12-month price target is $31.81. Moreover, individual price targets range between $28.00-$34.00. With its recent move to $32.00, we can see that these firms project this stock will loss by -10.22% in one year.
Updates from Fifth Third Bancorp (FITB) SEC Form 4
This particular company’s shares have garnered a lot of attention in recent days, as insiders are unloading their holdings while having generated a 0.30% rise since the beginning of the calendar year. A EVP & Chief Operating Officer at Fifth Third Bancorp (FITB) sold off some of its shares in a transaction that was finalized on Jul 24. Similarly, Hoover Jewell D sold 3,739 shares of the organization’s stock at $26.51 apiece and racked up $99,106 in earnings from the sale. Now, Hoover Jewell D holds 50,397 shares of the company following the exchange. A EVP and CHRO of the organization named Shaffer Robert P, was engaged in a transaction that occurred on May 03 that managed to be worth $6,050 from the sale of 209 common shares at a price of $28.98 per individual share.
Fifth Third Bancorp (NASDAQ:FITB) Results in the Pipeline
The next scheduled release of financial results for Fifth Third Bancorp will be for the Jun-19 quarter. As it stands right now, market analysts are anticipating the per-share earnings for the three-month period will be $0.66. In the same vein, they expect sales for the quarter to amount to $1,900.88 million.
Now let’s turn to earnings surprise history: in the most recent quarter, the company reported about $1,905.00 million in revenue alongside EPS at $0.71. On average, the analyst projection was calling for $1,621.00 million with $0.63 per share in earnings, respectively. In the preceding quarter, this company’s revenue reached $1,656.00 million, with earnings per share ending up at $0.69.
Athene Holding Ltd. (NYSE:ATH) experienced a drop of -0.10% from the closing price in the previous trading day. That drove the price to $39.36 per share, as observed on January 1st, 1970, at a time when the total trading volume reached 1,764,370 shares of stock – compared to the typical average of 1.55M shares per day (as recorded over the past three months). The consensus estimate for these shares has been shifted to $55.33.
Pricing Indications for Athene Holding Ltd. (ATH)
This organization has had a price-to-earnings ratio of 5.19 in the last year. Meanwhile, it gained 42.26 from its observable 50-day simple moving average. Right at this moment, the per-share value is -8.54% lower than the mean per-share price over the last 200 days in the market.
Athene Holding Ltd. (NYSE:ATH) In-Depth Brokerage Insights
We can see that a number of brokerage firms are putting their focus onto this stock. Out of this group, 0 have a sell rating, 4 have a Buy rating, 9 have an outperform rating, while 3 provided a Hold rating for these shares – thanks to data from Thomson Reuters I/B/E/S. Additionally, 0 have recommended that these shares are an Underperforming investment. The current consensus recommendation is at 2.00, based on information from Thomson Reuters.
ATH Stock Value Potential
In trading activity as of late, this stock’s value was 42.99 up from its 200 day moving average, while also -6.99% down when compared against its 50-day simple moving average. The market value for the entire organization reached 7.38B. In the last trading session, the price ended the day at $39.40. This company’s RSI (Relative Strength Index) managed to hit 31.72.
Athene Holding Ltd. (NYSE:ATH) Analyst Points of Focus
Athene Holding Ltd. (ATH) has found itself inside of BofA/Merrill’s research list, so their analyst rating adjustment is worth taking note of. This stock was Resumed to Buy, by BofA/Merrill, as garnered from a news report on Wednesday October 3rd, 2018. An additional helpful research note was sent out by Barclays’s on Friday June 8th, 2018. The brokerage decided to resumed ATH to Equal Weight.