EPS Estimates Lure Passive Investments: Fifth Third Bancorp (NASDAQ:FITB), New Residential Investment (NYSE:NRZ)

Fifth Third Bancorp (NASDAQ:FITB) [Trend Analysis] try to make new thrust in street and making different trends, stocks trading ended with -0.68% to $24.89. Lets us look over what analysts have to say about performance of the FITB. Starting with EPS for the final quarter of this year. EPS is usually the indicator of profitability for the company. According to WSJ analysis, the Q4 2016 current estimates trends were for $0.38 as compared to the next year Q1 current trend of $0.43. While on annual basis the current EPS estimates trend for FY 2017 came in for $2.02 as compared to three months ago $2.02.

The stock prices target chart showed high target of 30 kept by analysts at WSJ while the average price target was for 27.22 as compared to current price of 24.89. Somehow, the stock managed to gain BUY ratings by 2 analysts in current tenure as 1 analyst having overweight ratings, 25 recommend as HOLD, 1 stand at Underweight and 2 gave it as a SELL security for current period. Overall, the consensus ratings were for Hold by the pool of analysts.

The share price of FITB attracts active investors, as stock price of week volatility recorded 3.32%. The stock is going forward to its 52-week low with 58.41% and lagging behind from its 52-week high price with -14.08%.

New Residential Investment Corp. (NYSE:NRZ) [Trend Analysis] attempts to attain leading position in street, Shares price changes as it -0.30% to close at $16.60 with the total traded volume of 2.98 Million shares. Finally to see some strong financial remarks by WSJ over NRZ performance. Out of the pool of analysts 9 gave their BUY ratings on the stock in previous month as 9 analysts having BUY in current month. The stock was ranked as Underweight by 1 analyst while 1 analyst gave SELL rank. Majority ranked Buy from the pool of analysts.

The next year first quarter EPS estimates trend for current period shows $0.53 while one month ago this estimate trend was for $0.53. EPS indicator shows the robustness of the stock and its analysis opens up the clear picture of company’s profitability. On annual basis of EPS, FY 2017 Estimate Trends at current were for $2.10 and for the one month was for $2.09 as compared to three months ago was for $2.05. NRZ received highest price target of 17.50 and low target of 16. The stock price target chart showed average price target of 17 as compared to current price of 16.60.

The firm has institutional ownership of 46.90%, while insider ownership included 0.40%. Its price to sales ratio ended at 4.07. NRZ attains analyst recommendation of 1.60 with week’s performance of 0.00%.

 

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