Based on the provided data and current market conditions, here's an analysis of whether FITB is overvalued:
Valuation Analysis: FITB's current P/E ratio of 13.48x is relatively moderate compared to its quarterly trend, showing consistent valuation levels between 11.6x-14.2x throughout 2024.
Market Performance: The stock has gained 32.4% over the past year, outperforming the S&P 500's 22.8% rise, though slightly underperforming the regional banking ETF's 35.8% gain.
Analyst Consensus: The mean price target of $50.69 suggests a 14.4% upside potential from current levels, with analysts maintaining a "Moderate Buy" consensus based on 11 "Strong Buy" ratings and 11 "Hold" ratings.
Growth Outlook: Analysts project 8.9% EPS growth for fiscal 2025, supported by solid loan growth and expansion plans for 200+ branches in Southeast markets.
Conclusion: Given the moderate valuation metrics, positive analyst outlook, and strong growth prospects, FITB appears fairly valued at current levels.