Betting On Huntington Bancshares Incorporated (NASDAQ:HBAN) ?


Huntington Bancshares Incorporated (NASDAQ:HBAN) closed its last session at $15.63. The stock traded within a range of $15.47 and $15.66. The company operates in the Financial Services sector with a market capitalization of 16.75 Million. Trading volume for Huntington Bancshares Incorporated was 6.85 Million in its previous trading session. Currently, Huntington Bancshares Incorporated (NASDAQ:HBAN) has an average volume of 8.81 Million.

Company Profile

Huntington Bancshares is a multi-state bank holding company. Its subsidiaries conduct a full-service commercial and consumer banking business, engage in mortgage banking, lease financing, trust services, discount brokerage services, underwriting credit life and disability insurance, selling other insurance products, and issuing commercial paper guaranteed by Huntington, and providing other financial products and services.

Analyst Views

Huntington Bancshares Incorporated (NASDAQ:HBAN) received a Buy rating from 5 analysts. 0 analysts gave its stock an Outperform rating. 2 analysts say it’s a Hold while 0 analysts provided their expert opinion as Sell.

Huntington Bancshares Incorporated (NASDAQ:HBAN) touched its 1-Year High price of $15.69 on 01/10/18 and its 1-Year Low price of $12.14 on 09/07/17.

EPS & Financials

Huntington Bancshares Incorporated (NASDAQ:HBAN) reported its EPS in the last quarter as $0.23/Share lagging the analyst estimate of $0.25/Share by a difference of $-0.02. This showed a surprise of -8% in the last quarter earnings.

For the current quarter, 26 analysts are projecting a mean EPS of $0.26/share. According to their observations and findings, the stock could provide a high EPS of $0.28/share and a low EPS of $0.25/share.

Analysts believe that the company has the potential to earn average revenue of $1.12 Billion for the current quarter. According to their predictions high & low revenue estimates are 1.45 Billion and 1.09 Billion respectively.

Technical Analysis

By taking a look at the stock’s current statistics it can gauged that the stock candle is BULLISH with HIGH volatility. Huntington Bancshares Incorporated (NASDAQ:HBAN) has a 20-Day average volume of 9.69 Million. According to today’s trading volume Huntington Bancshares Incorporated is BELOW its 20-Day Avg. volume with the stock showing BELOW Abnormal volume in the past 150 days.

Moving average convergence divergence (MACD) shows that the stock is on a PRICE RELATIVITY trend. The trend for the past 10-days shows that the company was in BULLISH territory while an analysis of the last 40-Day trend shows a BULLISH signal. The 100-Day trend also shows a BULLISH trend as well.

The company currently has an insider ownership of 0.8 Percent and Institutional ownership of 81.1 Percent. The return on assets stands at 0.9%, Return on Equity currently is 9.7% and the Return on Investment value is 11.2%.

Huntington Bancshares Incorporated (NASDAQ:HBAN) gross margin percentage stands at 0% while its operating margin for the past trailing twelve month is 82.2 percent and its overall profit margin (ttm) is 27.4 Percent. The stock is currently moving above its 20-Day Simple Moving Average of 5.86% with a 50-Day Simple Moving Average of 9.86 percent. As of today, the company has a SMA200 (200-day simple moving average) of 16.34 Percent. The Stock has YTD (year to date) performance of 7.35 percent.

The TTM operating margin for the company stands at 82.2%. The return on invested capital is at 11.2%, which is good, compared to its peers. The Free Cash Flow or FCF margin is 15.28.

The company’s stock is currently moving with a +ve distance from the 200 day SMA of approximately 16.34%, and has a solid year to date (YTD) performance of 7.35% which means that the stock is constantly adding to its value from the previous fiscal year end price.