Huntington Bancshares, Inc (NASDAQ: HBAN) kicked off on Tuesday, down -1.85% from the previous trading day, before settling in for the closing price of $17.26. Over the past 52 weeks, HBAN has traded in a range of $12.02-$18.44.
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Financial Sector giant saw their annual sales surged by 16.92% over the last five years. While this was happening, its average annual earnings per share was recorded -3.17%. With a float of $1.44 billion, this company’s outstanding shares have now reached $1.45 billion.
In terms of profitability, gross margin is 105.29%, operating margin of 20.27%, and the pretax margin is 19.55%.
Huntington Bancshares, Inc (HBAN) Insider Activity
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 1.18%, while institutional ownership is 84.88%. The most recent insider transaction that took place on Nov 27 ’24, was worth 51,510. Before that another transaction happened on Nov 22 ’24, when Company’s Chief DEI Officer, SVP sold 2,840 for $17.63, making the entire transaction worth $50,069. This insider now owns 16,373 shares in total.
Huntington Bancshares, Inc (HBAN) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.31 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -3.17% 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 2.12. Likewise, its price to free cash flow for the trailing twelve months is 18.53.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.03, a number that is poised to hit 0.31 in the next quarter and is forecasted to reach 1.36 in one year’s time.
Technical Analysis of Huntington Bancshares, Inc (HBAN)
Analysing the last 5-days average volume posted by the [Huntington Bancshares, Inc, HBAN], we can find that recorded value of 13.35 million was lower than the volume posted last year of 15.79 million. As of the previous 9 days, the stock’s Stochastic %D was 18.70%. Additionally, its Average True Range was 0.34.
During the past 100 days, Huntington Bancshares, Inc’s (HBAN) raw stochastic average was set at 72.46%, which indicates a significant increase from 6.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.06% in the past 14 days, which was lower than the 29.66% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $16.68, while its 200-day Moving Average is $14.52. Now, the first resistance to watch is $17.15. This is followed by the second major resistance level at $17.36. The third major resistance level sits at $17.51. If the price goes on to break the first support level at $16.78, it is likely to go to the next support level at $16.63. Should the price break the second support level, the third support level stands at $16.42.
Huntington Bancshares, Inc (NASDAQ: HBAN) Key Stats
The company with the Market Capitalisation of 24.61 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.
