On Friday, Huntington Bancshares, Inc (NASDAQ: HBAN) opened lower -0.71% from the last session, before settling in for the closing price of $15.59. Price fluctuations for HBAN have ranged from $9.52 to $16.03 over the past 52 weeks.
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A company in the Financial sector has jumped its sales by 16.92% annually for the last half of the decade. Company’s average yearly earnings per share was noted -4.01% at the time writing. 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 112.87%, operating margin of 21.68%, and the pretax margin is 20.95%.
Huntington Bancshares, Inc (HBAN) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Banks – Regional industry is another important factor to consider. The insider ownership of Huntington Bancshares, Inc is 1.31%, while institutional ownership is 84.30%. 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 -4.01% 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
Check out the current performance indicators for Huntington Bancshares, Inc (HBAN). In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.93. Likewise, its price to free cash flow for the trailing twelve months is 16.82.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 10.17 million. That was inferior than the volume of 16.01 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 50.50%. Additionally, its Average True Range was 0.34.
During the past 100 days, Huntington Bancshares, Inc’s (HBAN) raw stochastic average was set at 86.07%, which indicates a significant increase from 33.53% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 20.69% in the past 14 days, which was lower than the 24.81% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $14.89, while its 200-day Moving Average is $13.79. However, in the short run, Huntington Bancshares, Inc’s stock first resistance to watch stands at $15.70. Second resistance stands at $15.93. The third major resistance level sits at $16.05. If the price goes on to break the first support level at $15.36, it is likely to go to the next support level at $15.24. The third support level lies at $15.01 if the price breaches the second support level.
Huntington Bancshares, Inc (NASDAQ: HBAN) Key Stats
There are currently 1,452,811K shares outstanding in the company with a market cap of 22.33 billion. Presently, the company’s annual sales total 10,837 M according to its annual income of 1,951 M. Last quarter, the company’s sales amounted to 3,078 M and its income totaled 517,000 K.
