Huntington Bancshares, Inc. (NASDAQ: HBAN) kicked off on Friday, down -1.16% from the previous trading day, before settling in for the closing price of $15.56. Over the past 52 weeks, HBAN has traded in a range of $9.25-$16.03.
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Annual sales at Financial sector company grew by 16.92% over the past five years. While this was happening, its average annual earnings per share was recorded -4.10%. With a float of $1.43 billion, this company’s outstanding shares have now reached $1.45 billion.
In terms of profitability, gross margin is 100.38%, operating margin of 19.28%, and the pretax margin is 18.63%.
Huntington Bancshares, Inc. (HBAN) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Huntington Bancshares, Inc. is 1.31%, while institutional ownership is 84.20%. The most recent insider transaction that took place on Oct 23 ’24, was worth 99,601. In this transaction Senior Exec. V. P. of this company sold 6,455 shares at a rate of $15.43, taking the stock ownership to the 558,342 shares. Before that another transaction happened on Oct 23 ’24, when Company’s Officer proposed sale 6,455 for $15.39, making the entire transaction worth $99,334.
Huntington Bancshares, Inc. (HBAN) Latest Financial update
According to the Wall Street analysts, stocks earnings will be around -4.10% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.08% during the next five years compared to 0.68% growth over the previous five years of trading.
Huntington Bancshares, Inc. (NASDAQ: HBAN) Trading Performance Indicators
Take a look at Huntington Bancshares, Inc.’s (HBAN) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.92. Likewise, its price to free cash flow for the trailing twelve months is 8.19.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.03, a number that is poised to hit 0.30 in the next quarter and is forecasted to reach 1.34 in one year’s time.
Technical Analysis of Huntington Bancshares, Inc. (HBAN)
Huntington Bancshares, Inc. (NASDAQ: HBAN) saw its 5-day average volume 12.12 million, a negative change from its year-to-date volume of 16.15 million. As of the previous 9 days, the stock’s Stochastic %D was 38.31%. Additionally, its Average True Range was 0.34.
During the past 100 days, Huntington Bancshares, Inc.’s (HBAN) raw stochastic average was set at 83.56%, which indicates a significant increase from 52.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.67% in the past 14 days, which was lower than the 26.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.73, while its 200-day Moving Average is $13.71. Nevertheless, the first resistance level for the watch stands at $15.63 in the near term. At $15.88, the stock is likely to face the second major resistance level. The third major resistance level sits at $16.03. If the price goes on to break the first support level at $15.23, it is likely to go to the next support level at $15.08. The third support level lies at $14.83 if the price breaches the second support level.
Huntington Bancshares, Inc. (NASDAQ: HBAN) Key Stats
The company with the Market Capitalisation of 22.34 billion has total of 1,449,254K Shares Outstanding. Its annual sales at the moment are 10,837 M in contrast with the sum of 1,951 M annual income. Company’s last quarter sales were recorded 3,078 M and last quarter income was 517,000 K.
