First Savings Financial Group (NASDAQ:FSFG) Research Coverage Started at StockNews.com

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

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

First Savings Financial Group Trading Down 2.1 %

FSFG opened at $15.52 on Wednesday. The stock has a market cap of $106.78 million, a PE ratio of 17.24 and a beta of 0.72. The company has a quick ratio of 1.10, a current ratio of 1.11 and a debt-to-equity ratio of 2.47. The business has a 50 day moving average of $16.29 and a 200-day moving average of $16.09. First Savings Financial Group has a 52 week low of $11.74 and a 52 week high of $18.54.

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

About First Savings Financial Group

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.