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

Stock analysts at StockNews.com assumed coverage on shares of First Savings Financial Group (NASDAQ:FSFG) in a research report issued on Wednesday. The firm set a “hold” rating on the bank’s stock.

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

First Savings Financial Group Stock Performance

NASDAQ:FSFG opened at $15.90 on Wednesday. First Savings Financial Group has a 1 year low of $11.74 and a 1 year high of $18.54. The firm’s fifty day simple moving average is $16.34 and its 200 day simple moving average is $16.10. 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 firm has a market capitalization of $109.39 million, a PE ratio of 17.67 and a beta of 0.72.

First Savings Financial Group (NASDAQ:FSFG) last posted its 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 business had revenue of $16.90 million for the quarter, compared to analyst estimates of $19.70 million. On average, sell-side analysts anticipate that First Savings Financial Group will post 1.5 EPS for the current 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.