Stock To Watch: Huntington Bancshares Incorporated (NASDAQ:HBAN)


The leading market experts have placed a mean price target of $10.55 on Huntington Bancshares Incorporated (NASDAQ:HBAN) stock. This price level, which is estimated to be attained in one-year, indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.20 a share for the upcoming quarter and $0.82 for the current fiscal.

Technical View

The technical analysis of Huntington Bancshares Incorpora plainly substantiates that the 50-day moving average of Huntington Bancshares Incorpora is $9.58, and stock is trading $0.27 points away or +2.78% from its 50-day moving average of $9.58. Further it is trading $0.25 or +2.60% away its 200-day moving average of $9.60. Huntington Bancshares Incorporated (NASDAQ:HBAN) 52-week high is $11.87 and the 52-week low is $7.83.

This explains if the stock moves $-2.02, it will post a 52-week high. In event of +25.80% decline, a 52-week low will be hit.

Taking the valuation aspect to emphasize the valuation of Huntington Bancshares Incorpora, shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Huntington Bancshares Incorporated (NASDAQ:HBAN) ratio came in at 12.63.

The stock last ended the trading session at $9.85 and registered a market cap of $7.87B. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Huntington Bancshares Incorporated (NASDAQ:HBAN) PEG ratio is at 2.50.

1 Chart Pattern Every Investor Should Know

This little-known pattern preceded moves of 578% in ARWR, 562% in LCI, 513% in ICPT, 439% in EGRX, 408% in ADDUS and more...

Click Here to See This Now.

(Visited 15 times, 1 visits today)