Do Analysts See Any Upside to Fidelity Southern Corporation (NASDAQ:LION)?

Fidelity Southern Corporation (NASDAQ:LION) currently has an Average Broker Rating of 2.33. This number is based on the 3 sell-side firms polled by Zacks. The ABR rank within the industry stands at 192.   

Analysts on a consensus basis are expecting that the stock will reach $25.33 within the year.  The ABR is provided by Zacks which simplfies analyst ratings into an integer based number. They use a one to five scale where they translate brokerage firm Buy/Sell/Hold recommendations into an average broker rating. A low number in the 1-2 range typically indicates a Buy, 3 represents a Hold and 4-5 represents a consensus Sell rating. 

Research analysts study publicly traded companies and make recommendations on the securities of those companies. Most specialize in a particular industry or sector of the economy. They exert considerable influence in today’s marketplace. Analysts’ recommendations or reports can influence the price of a company’s stock—especially when the recommendations are widely disseminated through television appearances or through other electronic and print media. The mere mention of a company by a popular analyst can temporarily cause its stock to rise or fall—even when nothing about the company’s prospects or fundamentals has recently changed.

Analysts often use a variety of terms—buy, strong buy, near-term or long-term accumulate, near-term or long-term over-perform or under-perform, neutral, hold—to describe their recommendations. But the meanings of these terms can differ from firm to firm. Rather than make assumptions, investors should carefully read the definitions of all ratings used in each research report. They should also consider the firm’s disclosures regarding what percentage of all ratings fall into either “buy,” “hold/neutral,” and “sell” categories.

Some traders may be using technical analysis to try and beat the stock market. There are many different indicators that traders have at their disposal. The sheer amount of indicators may leave the trader wondering which ones to use. Studying different technical indicators and signals may be worthwhile and educational, but the average investor may only end up focusing on a couple different indicators that actually work. Finding which indicators to follow and trade on may take some time and effort. Scoping out the proper signals and figuring out which ones tend to work the best may be on the minds of many traders. Trying to follow too many technical indicators might not be the best idea, and it may even cause more confusion. Once the signals have been chosen, traders may spend a lot of time back testing strategies before diving into the market.

Most recently Fidelity Southern Corporation (NASDAQ:LION) posted quarterly earnings of $0.3 which compared to the sell-side estimates of 0.36. The stock’s 12-month trailing earnings per share stands at $1.6. Shares have moved $-9.13 over the past month and more recently, $-3.69 over the past week heading into the earnings announcement. There are 2 analyst projections that were taken into consideration from respected brokerage firms.

Buy Ratings
1 analysts rate Fidelity Southern Corporation a Buy or Strong Buy, which is 33.33% of all the analyst ratings.

Earnings
Research analysts are predicting that Fidelity Southern Corporation (NASDAQ:LION) will report earnings of $0.3 per share when the firm issues their next quarterly report. This is the consensus earnings per share number according to data from Zack’s Research.

Fidelity Southern Corporation (NASDAQ:LION) closed the last session at $21.39 and sees an average of 83052.15 shares trade hands in each session. The 52-week low of the stock stands at $19.64 while the current level stands at 34.11% of the 52-week High-Low range. Looking further out we can see that the stock has moved -1.11% over the past 12 weeks and -9.63% year to date.

This article is informational purposes only and should not be considered a recommendation to buy or sell the stock.