Huntington Bancshares, Inc (NASDAQ: HBAN) kicked off on Friday, up 1.53% from the previous trading day, before settling in for the closing price of $17.62. Over the past 52 weeks, HBAN has traded in a range of $10.73-$17.97.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
During the last 5-year period, the sales growth of Financial Sector giant was 16.92%. While this was happening, its average annual earnings per share was recorded -3.65%. 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 21.73%, and the pretax margin is 20.95%.
Huntington Bancshares, Inc (HBAN) Breakdown of a Key Holders of the stock
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 1.30%, while institutional ownership is 84.88%. The most recent insider transaction that took place on Nov 22 ’24, was worth 50,069. Before that another transaction happened on Nov 13 ’24, when Company’s CFO and Senior Exec. V.P. sold 8,644 for $17.63, making the entire transaction worth $152,402. This insider now owns 259,943 shares in total.
Huntington Bancshares, Inc (HBAN) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 0.27 earnings per share (EPS), higher than consensus estimate (set at 0.27) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.3 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.65% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 4.13% 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 2.27. Likewise, its price to free cash flow for the trailing twelve months is 19.87.
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 1.35 in one year’s time.
Technical Analysis of Huntington Bancshares, Inc (HBAN)
Looking closely at Huntington Bancshares, Inc (NASDAQ: HBAN), its last 5-days average volume was 14.13 million, which is a drop from its year-to-date volume of 16.07 million. As of the previous 9 days, the stock’s Stochastic %D was 55.71%. Additionally, its Average True Range was 0.40.
During the past 100 days, Huntington Bancshares, Inc’s (HBAN) raw stochastic average was set at 98.27%, which indicates a significant increase from 96.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.40% in the past 14 days, which was higher than the 30.71% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $15.72, while its 200-day Moving Average is $14.14. However, in the short run, Huntington Bancshares, Inc’s stock first resistance to watch stands at $18.06. Second resistance stands at $18.22. The third major resistance level sits at $18.47. If the price goes on to break the first support level at $17.65, it is likely to go to the next support level at $17.40. Now, if the price goes above the second support level, the third support stands at $17.24.
Huntington Bancshares, Inc (NASDAQ: HBAN) Key Stats
The company with the Market Capitalisation of 26.39 billion has total of 1,452,811K 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.
