Where Huntington Bancshares Stands With Analysts

Analysts' ratings for Huntington Bancshares HBAN over the last quarter vary from bullish to bearish, as provided by 14 analysts.

In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.

Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish
Total Ratings 4 5 3 2 0
Last 30D 1 1 1 1 0
1M Ago 1 1 1 0 0
2M Ago 1 2 1 1 0
3M Ago 1 1 0 0 0

Providing deeper insights, analysts have established 12-month price targets, indicating an average target of $19.29, along with a high estimate of $21.00 and a low estimate of $17.00. Witnessing a positive shift, the current average has risen by 7.77% from the previous average price target of $17.90.

price target chart

Interpreting Analyst Ratings: A Closer Look

In examining recent analyst actions, we gain insights into how financial experts perceive Huntington Bancshares. The following summary outlines 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 Lowers Underweight $17.00 $17.50
Terry McEvoy Stephens & Co. Maintains Equal-Weight $18.50 $18.50
Karl Shepard RBC Capital Maintains Outperform $20.00 $20.00
Brian Foran Truist Securities Raises Buy $21.00 $19.00
Brian Foran Truist Securities Announces Buy $19.00 -
Jason Goldberg Barclays Raises Equal-Weight $19.00 $17.00
Jon Arfstrom RBC Capital Maintains Outperform $20.00 $20.00
Jon Arfstrom RBC Capital Maintains Outperform $20.00 $20.00
David Konrad Keefe, Bruyette & Woods Raises Market Perform $19.00 $16.00
Andrew Dietrich JP Morgan Raises Overweight $20.00 $18.50
Scott Siefers Piper Sandler Raises Underweight $17.50 $15.00
Ryan Nash Goldman Sachs Raises Buy $20.00 $16.25
Keith Horowitz Citigroup Raises Buy $21.00 $18.00
John Pancari Evercore ISI Group Raises Outperform $18.00 $17.00

Key Insights:

  • Action Taken: Analysts respond to changes in market conditions and company performance, frequently updating their recommendations. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to Huntington Bancshares. This information offers a snapshot of how analysts perceive the current state of the company.
  • Rating: Unveiling insights, analysts deliver qualitative insights into stock performance, from 'Outperform' to 'Underperform'. These ratings convey expectations for the relative performance of Huntington Bancshares compared to the broader market.
  • Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.

To gain a panoramic view of Huntington Bancshares's market performance, explore these analyst evaluations alongside essential financial indicators. Stay informed and make judicious decisions using our Ratings Table.

Stay up to date on Huntington Bancshares analyst ratings.

About Huntington Bancshares

Huntington is a regional us bank with around $200 billion in assets (as of September 2024) and has a large presence, particularly in the Midwestern market. It offers a full suite of consumer deposit and lending services, along with commercial services focused on payments, investment management, capital markets, equipment financing, treasury management, and other common banking services.

Huntington Bancshares: Delving into Financials

Market Capitalization Analysis: Above industry benchmarks, the company's market capitalization emphasizes a noteworthy size, indicative of a strong market presence.

Negative Revenue Trend: Examining Huntington Bancshares's financials over 3 months reveals challenges. As of 30 September, 2024, the company experienced a decline of approximately -0.16% in revenue growth, reflecting a decrease in top-line earnings. As compared to its peers, the revenue growth lags behind its industry peers. The company achieved a growth rate lower than the average among peers in 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 25.67%, the company may need to address challenges in effective cost control.

Return on Equity (ROE): Huntington Bancshares's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of 2.72%, the company may face hurdles in achieving optimal financial performance.

Return on Assets (ROA): The company's ROA is below industry benchmarks, signaling potential difficulties in efficiently utilizing assets. With an ROA of 0.24%, the company may need to address challenges in generating satisfactory returns from its assets.

Debt Management: Huntington Bancshares's debt-to-equity ratio is notably higher than the industry average. With a ratio of 0.9, the company relies more heavily on borrowed funds, indicating a higher level of financial risk.

How Are Analyst Ratings Determined?

Analysts are specialists within banking and financial systems that typically report for specific stocks or within defined sectors. These people research company financial statements, sit in conference calls and meetings, and speak with relevant insiders to determine what are known as analyst ratings for stocks. Typically, analysts will rate each stock once a quarter.

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.

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

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