Huntington Z Score

HBAN
 Stock
  

USD 14.78  0.04  0.27%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Please check Huntington Bancshares Piotroski F Score and Huntington Bancshares Valuation analysis.
  
Return on Invested Capital is expected to rise to 0.0104 this year, although the value of Capital Expenditure will most likely fall to (253.5 M). Preferred Dividends Income Statement Impact is expected to rise to about 153.2 M this year, although the value of Consolidated Income will most likely fall to about 1.2 B.

Huntington Z Score Analysis

Huntington Bancshares' Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Revenue Per Employee361.02 K335.32 K329.68 K294.35 K
Net Income Per Employee90.08 K52.3 K70.22 K62.02 K
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Huntington Bancshares Z Score

    
  1.2  
Most of Huntington Bancshares' fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Huntington Bancshares Incorporated is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Huntington Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Huntington Bancshares is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Huntington Bancshares' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Huntington Bancshares' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Huntington Bancshares' interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

According to the company's disclosures, Huntington Bancshares Incorporated has a Z Score of 1.2. This is 50.21% lower than that of the Banks sector and significantly higher than that of the Financials industry. The z score for all United States stocks is 86.24% higher than that of the company.

Huntington Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Huntington Bancshares' direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Huntington Bancshares could also be used in its relative valuation, which is a method of valuing Huntington Bancshares by comparing valuation metrics of similar companies.
Huntington Bancshares is currently under evaluation in z score category among related companies.

Huntington Bancshares Current Valuation Drivers

We derive many important indicators used in calculating different scores of Huntington Bancshares from analyzing Huntington Bancshares' financial statements. These drivers represent accounts that assess Huntington Bancshares' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Huntington Bancshares' important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee75.21 K88.77 K90.08 K52.3 K70.22 K62.02 K
Revenue Per Employee300.57 K335.82 K361.02 K335.32 K329.68 K294.35 K
Average Assets101.91 B106.01 B108.55 B118.87 B162.22 B137.22 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.81 B2.12 B2.04 B1.34 B1.98 B1.9 B
Earnings Before Interest Taxes and Depreciation Amortization USD1.81 B2.12 B2.04 B1.34 B1.98 B1.9 B
Earnings before Tax1.39 B1.63 B1.66 B972 M1.59 B1.49 B
Average Equity10.65 B11.2 B11.7 B12.5 B18.22 B15 B
Enterprise Value25.53 B22.04 B25.86 B15.86 B20.33 B20.6 B
Free Cash Flow1.76 B1.62 B1.47 B1.2 B1.81 B1.69 B
Invested Capital114.3 B114.17 B117.72 B122.44 B169.63 B145.65 B
Invested Capital Average110.1 B113.06 B116.99 B121.23 B155.18 B135.78 B
Market Capitalization15.74 B12.65 B15.57 B12.85 B22.3 B18.53 B
Tangible Asset Value101.61 B106.26 B106.54 B120.62 B168.1 B141.34 B

Huntington Bancshares ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Huntington Bancshares' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Huntington Bancshares' managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Huntington Fundamentals

About Huntington Bancshares Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Huntington Bancshares Incorporated's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Huntington Bancshares using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Huntington Bancshares Incorporated based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Huntington Bancshares Incorporated operates as the bank holding company for The Huntington National Bank that provides commercial, consumer, and mortgage banking services in the United States. Huntington Bancshares Incorporated was founded in 1866 and is headquartered in Columbus, Ohio. Huntington Bcshs operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 19997 people.

Huntington Bancshares Investors Sentiment

The influence of Huntington Bancshares' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Huntington. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Huntington Bancshares' public news can be used to forecast risks associated with investment in Huntington. The trend in average sentiment can be used to explain how an investor holding Huntington can time the market purely based on public headlines and social activities around Huntington Bancshares Incorporated. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Huntington Bancshares' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Huntington Bancshares' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Huntington Bancshares' news discussions. The higher the estimated score, the more favorable is the investor's outlook on Huntington Bancshares.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Huntington Bancshares in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Huntington Bancshares' short interest history, or implied volatility extrapolated from Huntington Bancshares options trading.

Becoming a Better Investor with Macroaxis

Macroaxis puts the power of mathematics on your side. We analyze your portfolios and positions such as Huntington Bancshares using complex mathematical models and algorithms, but make them easy to understand. There is no real person involved in your portfolio analysis. We perform a number of calculations to compute absolute and relative portfolio volatility, correlation between your assets, value at risk, expected return as well as over 100 different fundamental and technical indicators.

Build Optimal Portfolios

Align your risk with return expectations

Fix your portfolio
By capturing your risk tolerance and investment horizon Macroaxis technology of instant portfolio optimization will compute exactly how much risk is acceptable for your desired return expectations
Please check Huntington Bancshares Piotroski F Score and Huntington Bancshares Valuation analysis. Note that the Huntington Bancshares information on this page should be used as a complementary analysis to other Huntington Bancshares' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

Complementary Tools for Huntington Stock analysis

When running Huntington Bancshares price analysis, check to measure Huntington Bancshares' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Huntington Bancshares is operating at the current time. Most of Huntington Bancshares' value examination focuses on studying past and present price action to predict the probability of Huntington Bancshares' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Huntington Bancshares' price. Additionally, you may evaluate how the addition of Huntington Bancshares to your portfolios can decrease your overall portfolio volatility.
Focused Opportunities
Build portfolios using our predefined set of ideas and optimize them against your investing preferences
Go
Price Exposure Probability
Analyze equity upside and downside potential for a given time horizon across multiple markets
Go
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
Bond Directory
Find actively traded corporate debentures issued by US companies
Go
Commodity Channel Index
Use Commodity Channel Index to analyze current equity momentum
Go
Portfolio Rebalancing
Analyze risk-adjusted returns against different time horizons to find asset-allocation targets
Go
Price Transformation
Use Price Transformation models to analyze depth of different equity instruments across global markets
Go
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Go
Fund Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Go
Portfolio Anywhere
Track or share privately all of your investments from the convenience of any device
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Piotroski F Score
Get Piotroski F Score based on binary analysis strategy of nine different fundamentals
Go
Is Huntington Bancshares' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Huntington Bancshares. If investors know Huntington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Huntington Bancshares listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
0.773
Market Capitalization
21.5 B
Quarterly Revenue Growth YOY
0.023
Return On Assets
0.0113
Return On Equity
0.1092
The market value of Huntington Bancshares is measured differently than its book value, which is the value of Huntington that is recorded on the company's balance sheet. Investors also form their own opinion of Huntington Bancshares' value that differs from its market value or its book value, called intrinsic value, which is Huntington Bancshares' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Huntington Bancshares' market value can be influenced by many factors that don't directly affect Huntington Bancshares' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Huntington Bancshares' value and its price as these two are different measures arrived at by different means. Investors typically determine Huntington Bancshares value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Huntington Bancshares' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.