With a one year PEG ratio of 179.2, Horizon Bancorp Inc is expected to have a higher PEG ratio (a measure of how expensive a stock is relative to its expected earnings growth) than 83.36% of US stocks.
HBNC's current price/earnings ratio is 9.63, which is higher than merely 14.68% of US stocks with positive earnings.
HBNC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of 87.77% of US stocks.
If you're looking for stocks that are quantitatively similar to Horizon Bancorp Inc, a group of peers worth examining would be CIVB, MPB, MSBI, BHB, and SASR.
Horizon Bancorp provides commercial and retail banking services in Northwestern and Central Indiana, and Southwestern and Central Michigan. The company was founded in 1873 and is based in Michigan, Indiana.
Earnings of Horizon Bancorp, Inc. (NASDAQ: HBNC) increased in the second quarter to $0.33 per share, from $0.26 per share in the first quarter of 2020. The earnings increase was attributable to loan growth under the Paycheck Protection Program and lower provision expense. Earnings will likely continue to increase in...
Sheen Bay Research on Seeking Alpha | August 24, 2020
‘Be safe’ has become a standard greeting these days, an expression of concern between friends during a time of pandemic disease and widespread civic disturbances. It’s also a piece of wise advice for investors. Mixed messages from the markets are confusing investors – some indexes, the Dow Jones particularly but to a lesser extent the S&P 500, are indicating that we’ve reached plateau in the bull rally, while the NASDAQ continues its upward tear.Dividend stocks have long been a traditional ‘safe zone’ for investors looking for some portfolio protection. While these stocks typically offer a lower-than-average share appreciation, the dividend makes up for that by ensuring a steady income stream no matter how the shares move. The corona crisis has upended some of these calculations, howeve...
At the end of February we announced the arrival of the first US recession since 2009 and we predicted that the market will decline by at least 20% in (see why hell is coming). In these volatile markets we scrutinize hedge fund filings to get a reading on which direction each stock might be going. […]