20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
Throughout the last three months, 10 analysts have evaluated Huntington Bancshares (NASDAQ:HBAN), offering a diverse set of opinions from bullish to bearish.
The table below provides a concise overview of recent ratings by analysts, offering insights into the changing sentiments over the past 30 days and drawing comparisons with the preceding months for a holistic perspective.
| Bullish | Somewhat Bullish | Indifferent | Somewhat Bearish | Bearish | |
|---|---|---|---|---|---|
| Total Ratings | 5 | 3 | 2 | 0 | 0 |
| Last 30D | 0 | 0 | 1 | 0 | 0 |
| 1M Ago | 2 | 1 | 0 | 0 | 0 |
| 2M Ago | 1 | 0 | 0 | 0 | 0 |
| 3M Ago | 2 | 2 | 1 | 0 | 0 |
Insights from analysts' 12-month price targets are revealed, presenting an average target of $14.95, a high estimate of $16.00, and a low estimate of $14.00. Observing a 16.8% increase, the current average has risen from the previous average price target of $12.80.
Understanding Analyst Ratings: A Comprehensive Breakdown
A comprehensive examination of how financial experts perceive Huntington Bancshares is derived from recent analyst actions. The following is a detailed summary of key analysts, their recent evaluations, and adjustments to ratings and price targets.
| Analyst | Analyst Firm | Action Taken | Rating | Current Price Target | Prior Price Target |
|---|---|---|---|---|---|
| Scott Siefers | Piper Sandler | Raises | Neutral | $14.00 | $13.00 |
| Peter Winter | DA Davidson | Raises | Buy | $15.50 | $14.00 |
| Erika Najarian | UBS | Raises | Buy | $15.00 | $14.00 |
| Ken Zerbe | Morgan Stanley | Raises | Overweight | $16.00 | $13.00 |
| Keith Horowitz | Citigroup | Raises | Buy | $15.00 | $14.00 |
| John Pancari | Evercore ISI Group | Raises | Outperform | $15.00 | $10.50 |
| Jason Goldberg | Barclays | Raises | Equal-Weight | $15.00 | $12.00 |
| David Long | Raymond James | Raises | Strong Buy | $15.00 | $13.00 |
| Jon Arfstrom | RBC Capital | Raises | Outperform | $15.00 | $12.00 |
| Ryan Nash | Goldman Sachs | Raises | Buy | $14.00 | $12.50 |
Key Insights:
- Action Taken: Analysts adapt their recommendations to changing market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their response to recent developments related to Huntington Bancshares. This information provides a snapshot of how analysts perceive the current state of the company.
- Rating: Providing a comprehensive analysis, analysts offer qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of Huntington Bancshares compared to the broader market.
- Price Targets: Analysts predict movements in price targets, offering estimates for Huntington Bancshares's future value. Examining the current and prior targets offers insights into analysts' evolving expectations.
Considering these analyst evaluations in conjunction with other financial indicators can offer a comprehensive understanding of Huntington Bancshares's market position. Stay informed and make well-informed decisions with our Ratings Table.
Stay up to date on Huntington Bancshares analyst ratings.
Discovering Huntington Bancshares: A Closer Look
Huntington Bancshares Inc is a regional bank holding company headquartered in Columbus, Ohio. The bank operates in two business segments: Consumer & Regional Banking and Commercial Banking. The bank derives the maximum of its revenue from the Consumer & Business Banking segment. The other segment of the bank consists of Treasury and others. The bank also provides auto dealer, equipment finance, investment management, trust, brokerage, capital market services, and other services.
Huntington Bancshares's Economic Impact: An Analysis
Market Capitalization: Surpassing industry standards, the company's market capitalization asserts its dominance in terms of size, suggesting a robust market position.
Revenue Growth: Huntington Bancshares's revenue growth over a period of 3 months has faced challenges. As of 31 December, 2023, the company experienced a revenue decline of approximately -9.33%. This indicates a decrease in the company's top-line earnings. As compared to competitors, the company encountered difficulties, with a growth rate lower than the average among peers in the Financials sector.
Net Margin: Huntington Bancshares's net margin is below industry standards, pointing towards difficulties in achieving strong profitability. With a net margin of 12.09%, the company may encounter challenges in effective cost control.
Return on Equity (ROE): Huntington Bancshares's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of 1.3%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): Huntington Bancshares's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of 0.11%, the company may face hurdles in achieving optimal financial returns.
Debt Management: Huntington Bancshares's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.73, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.
The Significance of Analyst Ratings Explained
Analyst ratings serve as essential indicators of stock performance, provided by experts in banking and financial systems. These specialists diligently analyze company financial statements, participate in conference calls, and engage with insiders to generate quarterly ratings for individual stocks.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
20-Year Pro Trader Reveals His "MoneyLine"
Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.
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