Critical Insights From Huntington Bancshares Analyst Ratings: What You Need To Know

Ratings for Huntington Bancshares HBAN were provided by 9 analysts in the past three months, showcasing a mix of bullish and bearish perspectives.

The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months.

Analysts have recently evaluated Huntington Bancshares and provided 12-month price targets. The average target is $13.11, accompanied by a high estimate of $15.00 and a low estimate of $12.00. Surpassing the previous average price target of $12.94, the current average has increased by 1.31%.

Understanding Analyst Ratings: A Comprehensive Breakdown

A clear picture of Huntington Bancshares's perception among financial experts is painted with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.

Key Insights:

• Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Huntington Bancshares. This information provides a snapshot of how analysts perceive the current state of the company.
• Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of Huntington Bancshares compared to the broader market.
• Price Targets: Analysts explore the dynamics of price targets, providing estimates for the future value of Huntington Bancshares's stock. This examination reveals shifts in analysts' expectations over time.

For valuable insights into Huntington Bancshares's market performance, consider these analyst evaluations alongside crucial financial indicators. Stay well-informed and make prudent decisions using our Ratings Table.

Stay up to date on Huntington Bancshares analyst ratings.

Delving into Huntington Bancshares's Background

Huntington Bancshares is a regional bank holding company headquartered in Columbus, Ohio. The bank has a network of branches and ATMs across eight Midwestern states. Founded in 1866, Huntington National Bank and its affiliates provide consumer, small-business, commercial, treasury management, wealth management, brokerage, trust, and insurance services. Huntington also provides auto dealer, equipment finance, national settlement, and capital market services that extend beyond its core states.

Unraveling the Financial Story of Huntington Bancshares

Market Capitalization Analysis: With a profound presence, the company's market capitalization is above industry averages. This reflects substantial size and strong market recognition.

Revenue Challenges: Huntington Bancshares's revenue growth over 3 months faced difficulties. As of 30 September, 2023, the company experienced a decline of approximately -1.31%. This indicates a decrease in top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Financials sector.

Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of 27.17%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Huntington Bancshares's ROE excels beyond industry benchmarks, reaching 3.16%. This signifies robust financial management and efficient use of shareholder equity capital.

Return on Assets (ROA): Huntington Bancshares's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of 0.27%, the company may encounter challenges in delivering satisfactory returns from its assets.

Debt Management: With a high debt-to-equity ratio of 0.8, Huntington Bancshares faces challenges in effectively managing its debt levels, indicating potential financial strain.

Understanding the Relevance of Analyst Ratings

Benzinga tracks 150 analyst firms and reports on their stock expectations. Analysts typically arrive at their conclusions by predicting how much money a company will make in the future, usually the upcoming five years, and how risky or predictable that company's revenue streams are.

Analysts attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish their ratings on stocks. Analysts typically rate each stock once per quarter or whenever the company has a major update.

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.

If you want to keep track of which analysts are outperforming others, you can view updated analyst ratings along withanalyst success scores in Benzinga Pro.

This article was generated by Benzinga's automated content engine and reviewed by an editor.