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Is this Large Market Cap Stock target price reasonable for Huntington Bancshares Incorporated (NASDAQ:HBAN)?

The company in question is, Huntington Bancshares Incorporated (NASDAQ:HBAN) currently with a stock price of 9.82 (1.08% today). The market cap for Huntington Bancshares Incorporated is 7760.16, and is in the sector Financial, and Regional – Midwest Banks industry. The target price for Huntington Bancshares Incorporated is 10.59. Currently Huntington Bancshares Incorporated is trading with a P/E of 12.45, and a forward P/E of 10.87. Average volume for Huntington Bancshares Incorporated is 12656.64 and so far today it is 3631511.

Performance in the last year for Huntington Bancshares Incorporated has been -5.07%. For EPS growth, Huntington Bancshares Incorporated has seen a growth of 12.20%, and is looking to grow in the next year to 10.92%. More long term stats show that EPS growth has been 33.30% over the last five years and could be 4.76% for the next five years. Huntington Bancshares Incorporated has seen sales growth quarter over quarter at 6.80%, with EPS growth quarter over quarter at -16.80%. The 20-day simple moving average is 0.80%, with the 200-day simple moving average coming to 3.99%.

Since the IPO date for Huntington Bancshares Incorporated on the 3/26/1990, Huntington Bancshares Incorporated has seen performance year to date to be -10.17%. With Huntington Bancshares Incorporated trading at 9.82, the dividend yield is 2.88%, and the EPS is 0.78.

So could Huntington Bancshares Incorporated, be undervalued? Well as said before P/E is 12.45. The PEG is 2.61, P/S is 3.52 and the P/B is at 1.19. The P/cash is 8.19, with P/free cash flow at 8.11.

Huntington Bancshares Incorporated ability to deal with debt shows that the current ratio is *TBA, and the quick ratio is *TBA. This is with long term debt/equity at 1.21, and total debt/equity at 1.21.

In terms of margins, Huntington Bancshares Incorporated has a gross margin of *TBA, an operating margin of 85.70% and a profit margin of 28.70%.Payout ratio for Huntington Bancshares Incorporated is 34.00%. Return on assets come to 0.90% with return on investment coming to 12.30%.

Insider ownership for Huntington Bancshares Incorporated, is at 1.30% and institutional ownership comes to 77.60%. Outstanding shares are at 798.37. While shares float is 790.21. The float short is currently 2.60%, and short ratio is 1.62.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.

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Peter Clarke

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