Huntington Bancshares, Inc. (NASDAQ:HBAN) traded at $15.07 at close of the session on Tuesday, July 23, made an upward move of 0.40% on its previous day’s price.
Looking at the stock we see that its previous close was $15.01 . The company has a trailing 12-month PE ratio of 14.30. In terms of its 52-week price range, HBAN has a high of $15.08 and a low of $9.25. The company’s stock has gained about 19.32% over that past 30 days.
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Huntington Bancshares, Inc. has a market cap of $21.84 billion. With its Forward Dividend at 0.62 and a yield of 4.11%, the company’s investors could be anxious for the HBAN stock to gain ahead of the earnings release.
Based on estimates by 6 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Huntington Bancshares, Inc. (HBAN) stock as a Hold, while 4 rate it as a Buy. 1 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 11.92% off its SMA20 and 12.19% from its 50-day simple moving average. The RSI (14) is pointing at 77.52 while the volatility over the past week is 2.61% and jumps to 2.40% over the past one month. The beta value is 1.09, while the average true range (ATR) is currently pointing at 0.35. The average price target for the stock over the next 12 months is $16, with the estimates having a low of $11.5 and a high of $18. These price ends are 23.69% and -19.44% off the current price level respectively, although investors could be excited at the prospect of a -6.17% if the HBAN share price touches on the median price of $16.
Coming back to Huntington Bancshares, Inc. (NASDAQ:HBAN), we note that the average 3-month trading volume was 17.05 million, while that of the preceding 10-day period stands at 21.67 million. Current shares outstanding are 1.45 billion.
The insiders hold 1.30% of the company’s shares while institutions hold 82.24%. The data shows that short shares as of 2024-06-28, stood at 25.21 million at a short ratio of 1.26. This represents a 1.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.99000000000000021.9900000000000002 short interest in shares outstanding on 2024-06-28. Shares short rose in June from the previous month at 21.17 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 18.47% up in year-to-date price movement.
