StockNews.com Initiates Coverage on First Savings Financial Group (NASDAQ:FSFG)

Analysts at StockNews.com initiated coverage on shares of First Savings Financial Group (NASDAQ:FSFG) in a note issued to investors on Wednesday. The firm set a “hold” rating on the bank’s stock.

Separately, Piper Sandler raised their price objective on shares of First Savings Financial Group from $19.00 to $21.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 6th.

First Savings Financial Group Price Performance

FSFG stock opened at $15.90 on Wednesday. The firm has a 50 day moving average of $16.34 and a 200-day moving average of $16.10. First Savings Financial Group has a 12-month low of $11.74 and a 12-month high of $18.54. The company has a current ratio of 1.11, a quick ratio of 1.10 and a debt-to-equity ratio of 2.47. The company has a market cap of $109.39 million, a price-to-earnings ratio of 17.67 and a beta of 0.72.

First Savings Financial Group (NASDAQ:FSFG) last posted its quarterly earnings results on Tuesday, January 30th. The bank reported $0.59 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.04. First Savings Financial Group had a net margin of 4.74% and a return on equity of 7.99%. The company had revenue of $16.90 million during the quarter, compared to the consensus estimate of $19.70 million. As a group, equities analysts expect that First Savings Financial Group will post 1.5 EPS for the current fiscal year.

First Savings Financial Group Company Profile

First Savings Financial Group, Inc operates as the bank holding company for First Savings Bank that provides various financial services to consumers and businesses in southern Indiana. The company operates through three segments: Core Banking, SBA Lending, and Mortgage Banking. It accepts deposits, such as checking accounts, NOW and money market accounts, regular savings accounts, and time deposits.