HBAN - Great Place to invest đź‘Ť
-One stock that might be an intriguing choice for investors right now is Huntington Bancshares Incorporated HBAN. This is because this security in the Banks - Midwest space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
-This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Banks - Midwest space as it currently has a Zacks Industry Rank of 41 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
-Meanwhile, Huntington is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
-In fact, over the past month, current quarter estimates have risen from 32 cents per share to 34 cents per share, while current year estimates have risen from $1.41 per share to $1.44 per share.
-So, if you are looking for a decent pick in a strong industry, consider Huntington. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
-This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Banks - Midwest space as it currently has a Zacks Industry Rank of 41 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
-Meanwhile, Huntington is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
-In fact, over the past month, current quarter estimates have risen from 32 cents per share to 34 cents per share, while current year estimates have risen from $1.41 per share to $1.44 per share.
-So, if you are looking for a decent pick in a strong industry, consider Huntington. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.