First Savings Financial Group Inc (NASDAQ:FSFG) has been given an average broker rating score of 1.00 (Strong Buy) from the one analysts that provide coverage for the stock, Zacks Investment Research reports. One research analyst has rated the stock with a strong buy rating.
Analysts have set a twelve-month consensus target price of $79.00 for the company, according to Zacks. Zacks has also assigned First Savings Financial Group an industry rank of 94 out of 255 based on the ratings given to related companies.
Several equities analysts have issued reports on the stock. ValuEngine cut shares of First Savings Financial Group from a “buy” rating to a “hold” rating in a research report on Thursday, September 27th. Maxim Group restated a “buy” rating and issued a $79.00 price target on shares of First Savings Financial Group in a research report on Tuesday, August 7th.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP increased its position in First Savings Financial Group by 21.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,265 shares of the bank’s stock valued at $438,000 after acquiring an additional 1,087 shares during the period. Schwab Charles Investment Management Inc. acquired a new position in First Savings Financial Group in the 2nd quarter valued at approximately $258,000. Bank of New York Mellon Corp acquired a new position in First Savings Financial Group in the 2nd quarter valued at approximately $339,000. Sei Investments Co. increased its position in First Savings Financial Group by 100.0% in the 1st quarter. Sei Investments Co. now owns 2,000 shares of the bank’s stock valued at $139,000 after acquiring an additional 1,000 shares during the period. Finally, Northern Trust Corp acquired a new position in First Savings Financial Group in the 2nd quarter valued at approximately $328,000. Hedge funds and other institutional investors own 24.12% of the company’s stock.
FSFG stock opened at $64.89 on Tuesday. The company has a market cap of $148.75 million, a P/E ratio of 12.85 and a beta of 0.14. First Savings Financial Group has a 1 year low of $55.73 and a 1 year high of $80.01. The company has a quick ratio of 0.88, a current ratio of 0.91 and a debt-to-equity ratio of 0.91.
First Savings Financial Group (NASDAQ:FSFG) last announced its quarterly earnings results on Monday, August 6th. The bank reported $1.49 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.30 by $0.19. First Savings Financial Group had a net margin of 20.45% and a return on equity of 12.61%. The firm had revenue of $12.76 million during the quarter.
First Savings Financial Group Company Profile
First Savings Financial Group, Inc operates as the holding company for First Savings Bank that provides various banking services to individuals and business customers in southern Indiana. The company operates through Core Banking and SBA Lending segments. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, time deposits, and certificates of deposit.
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