Huntington Bancshares, Inc (NASDAQ: HBAN) is -21.88% lower on its value in year-to-date trading and has touched a low of $12.05 and a high of $18.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HBAN stock was last observed hovering at around $12.60 in the last trading session, with the day’s gains setting it 0.11%.
Currently trading at $12.71, the stock is -13.05% and -19.11% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 37.02 million and changing 0.87% at the moment leaves the stock -17.64% off its SMA200. HBAN registered -5.99% loss for a year compared to 6-month gain of -10.30%. The firm has a 50-day simple moving average (SMA 50) of $15.712 and a 200-day simple moving average (SMA200) of $15.43155.
The stock witnessed a -16.05% loss in the last 1 month and extending the period to 3 months gives it a -22.74%, and is -15.32% down 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 6.20% over the week and 3.44% over the month.
Current P/E ratio is 10.42 and Fwd P/E is 8.11. Profit margin for the company is 15.18%. Distance from 52-week low is 5.48% and -31.09% from its 52-week high. The company has generated returns on investments over the last 12 months (5.01%).
with sales reaching $1.89B over the same period.The EPS is expected to grow by 13.89% this year, but quarterly earnings will post 6.24% year-over-year. Quarterly sales are estimated to grow 7.63% in year-over-year returns.
Huntington Bancshares, Inc (HBAN) Top Institutional Holders
1275.0 institutions hold shares in Huntington Bancshares, Inc (HBAN), with institutional investors hold 87.83% of the company’s shares. The shares outstanding are 1.45B, and float is at 1.44B with Short Float at 4.85%. Institutions hold 87.02% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 171.75 million shares valued at $2.26 billion. The investor’s holdings represent 11.8574% of the HBAN Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 130.34 million shares valued at $1.72 billion to account for 8.9815 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 92.39 million shares representing 6.3782% and valued at over $1.22 billion, while STATE STREET CORP holds 4.9637 of the shares totaling 72.03 million with a market value of $960.36 million.
Huntington Bancshares, Inc (HBAN) Insider Activity
The most recent transaction is an insider sale by Lawlor Brendan A, the company’s Executive VP and CCO. SEC filings show that Lawlor Brendan A sold 721 shares of the company’s common stock on Mar 27 ’25 at a price of $15.27 per share for a total of $11010.0. Following the sale, the insider now owns 46600.0 shares.
Still, SEC filings show that on Mar 24 ’25, Lawlor Brendan A (Executive VP and CCO) disposed off 3,521 shares at an average price of $15.25 for $53695.0. The insider now directly holds 47,950 shares of Huntington Bancshares, Inc (HBAN).
