A Closer Look At Fundamentals: Huntington Bancshares Incorporated (HBAN)

Wall Street analysts will be watching closely when Huntington Bancshares Incorporated (NASDAQ:HBAN) reports its quarterly earnings next, which is scheduled for Tue 23 Apr (In 40 Days). Looking at the latest analyst forecasts, the current earnings-per-share (EPS) consensus estimate is sitting at $0.32 per share. In the preceding quarter, the company reportedly generated EPS of $0.29 per share of its common stock. Looking at profitability indicators, this organization has an operating margin of 74.80%, a profit margin of 33.50%.

Speaking of Wall Street analysts, a number of market experts at top investment banks have recently posted their updated ratings on shares of Huntington Bancshares Incorporated (NASDAQ:HBAN). Most recently, on January 28th, 2019, Jefferies Downgrade a Hold rating. Before that, on November 29th, 2018, Sandler O’Neill Downgrade to Hold. Nomura Downgrade a Neutral rating on November 13th, 2018, Wedbush Downgrade an Neutral rating on November 2nd, 2018, and Hilliard Lyons Upgrade a Buy rating on February 9th, 2018.

At its current price point, combined with the fact that this company has 1.04B shares outstanding, the current market capitalization sits at 14.65B. In the last trading day, 11,861,122 shares of Huntington Bancshares Incorporated were traded, which compares to its usual volume of about 12.83M shares per day of trading.

If we compare this company’s current price to its recent pricing activity, we can see that the price has changed by $0.38 in the past five trading days, resulting in a percentage change of +2.78% and a moving average of 13.83. In the past 20 days, its price changed by $0.18 (which is +1.30%) and the stock’s moving average was 14.10. Looking back a full 50 days, shares of HBAN changed by $2.15 (which is +18.04%) and demonstrated a moving average of 13.56.

Staying in the same analytical area, this company’s stock has demonstrated a 9-day Stochastic %K score of 34.31%, a 14-day Stochastic %K score of 33.33% and a 20-day Stochastic %K score of 33.33%. Using a similar metric, Huntington Bancshares Incorporated (HBAN) shares showed a Stochastic %D of 24.23% over the past 9 days, a Stochastic %D score of 23.90% over the last 14 days, and a 20-day Stochastic %D of 24.06%. Meanwhile, this stock’s MACD Oscillator was -0.04 over the past 9 days, -0.20 over the past two weeks, and -0.20 in the last 20 days.

As recent trading data suggests, this company’s shares have been hovering close to the $14.07 level. Over the past 12 months, this stock has experienced a high price of $16.52 and a low of $11.12. Top market experts pay heightened attention to a stock as it is getting closer to a notable historic high price or low price.

The Vanguard Group Inc purchased more shares of this company during the last fiscal quarter, as we can observe in the latest corresponding filing from Huntington Bancshares Incorporated (NASDAQ:HBAN) with the Securities and Exchange Commission (SEC). This specific major shareholder, at the end of the quarter, held 118,169,532 shares of the company’s stock following the addition of 2,407,544 to this investor’s holdings during the three-month period. This share count represents that The Vanguard Group Inc now held 11.29% stake in Huntington Bancshares Incorporated (HBAN)’s shares.

Just in the most recent trading day, Huntington Bancshares Incorporated (NASDAQ:HBAN) experienced a high price of $14.115 and low point of $13.905. At the end of the last trading session, this stock was at 14.07 per share, following a gain of $0.02, or 1.08% during the full day.