Huntington Bancshares, Inc. (NASDAQ: HBAN) is 18.47% higher on its value in year-to-date trading and has touched a low of $9.25 and a high of $15.08 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HBAN stock was last observed hovering at around $15.01 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $15.07, the stock is 11.92% and 12.19% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 14.44 million and changing 0.40% at the moment leaves the stock 20.04% off its SMA200. HBAN registered 27.93% gain for a year compared to 6-month loss of 16.55%.
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The stock witnessed a 19.32% gain in the last 1 month and extending the period to 3 months gives it a 11.38%, and is 5.61% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.61% over the week and 2.40% over the month.
Current P/E ratio is 14.30 and Fwd P/E is 10.90. Profit margin for the company is 13.56%. Distance from 52-week low is 62.92% and -0.07% from its 52-week high. The company has generated returns on investments over the last 12 months (4.30%).
The EPS is expected to shrink by -4.77% this year.
Huntington Bancshares, Inc. (HBAN) Top Institutional Holders
The shares outstanding are 1.45B, and float is at 1.43B with Short Float at 1.76%.
Huntington Bancshares, Inc. (HBAN) Insider Activity
The most recent transaction is an insider sale by Houston Helga,the company’sSenior Exec. V. P. SEC filings show that Houston Helga sold 7,278 shares of the company’s common stock on May 30 ’24 at a price of $13.64 per share for a total of $99238.0. Following the sale, the insider now owns 0.65 million shares.
Huntington Bancshares, Inc. disclosed in a document filed with the SEC on May 03 ’24 that Kowalski Kendall A (Chief Information Officer) sold a total of 15,711 shares of the company’s common stock. The trade occurred on May 03 ’24 and was made at $13.84 per share for $0.22 million. Following the transaction, the insider now directly holds 65195.0 shares of the HBAN stock.
Still, SEC filings show that on May 02 ’24, Syal Rajeev (Senior Exec. V.P.) disposed off 11,155 shares at an average price of $13.76 for $0.15 million. The insider now directly holds 279,733 shares of Huntington Bancshares, Inc. (HBAN).
