Huntington Bancshares (HBAN): Revisiting Valuation After Recent Share Price Rebound

Huntington Bancshares (HBAN) has quietly outpaced many regional peers recently, with the stock up about 12% over the past month after a choppy past 3 months that tested investor patience.

See our latest analysis for Huntington Bancshares.

The recent bounce has helped Huntington’s 1 month share price return reach nearly 12%. While the year to date share price return is more modest, the 3 year total shareholder return of around 35% shows longer term holders have still been rewarded. This suggests momentum is tentatively rebuilding as investors reassess growth and credit risk.

If Huntington’s move has you thinking more broadly about financials, this could be a good moment to explore fast growing stocks with high insider ownership for other potential standouts.

With earnings still growing solidly and the shares trading at a sizable discount to both analyst targets and some intrinsic estimates, is Huntington quietly undervalued, or are investors already correctly pricing in its future growth?

Most Popular Narrative Narrative: 13.4% Undervalued

With Huntington Bancshares last closing at $17.10 versus a narrative fair value of $19.75, the most followed outlook leans toward a meaningful upside gap.

The analysts have a consensus price target of $19.32 for Huntington Bancshares based on their expectations of its future earnings growth, profit margins and other risk factors. However, there is a degree of disagreement amongst analysts, with the most bullish reporting a price target of $21.0, and the most bearish reporting a price target of just $15.4.

Read the complete narrative.

Want to see how ambitious revenue growth, shifting margins, and a richer future earnings multiple all intersect here? The full narrative unpacks the entire valuation playbook.

Result: Fair Value of $19.75 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, that upside depends on smooth Cadence integration, as well as Huntington maintaining tight credit quality if growth slows or regional economies stumble.

Find out about the key risks to this Huntington Bancshares narrative.

Build Your Own Huntington Bancshares Narrative

If you are not fully convinced by this view, or would rather dig into the numbers yourself, you can build a custom narrative in just a few minutes, starting with Do it your way.

A good starting point is our analysis highlighting 4 key rewards investors are optimistic about regarding Huntington Bancshares.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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