Horizon Bancorp Shares Owned By Institutions vs. Cash And Equivalents
| HBNC Stock | USD 18.29 0.11 0.60% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Net Profit Margin | 0.26 | 0.151 |
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| Operating Profit Margin | 0.34 | 0.3611 |
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| Pretax Profit Margin | 0.35 | 0.2105 |
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| Return On Assets | 0.0063 | 0.0035 |
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| Return On Equity | 0.037 | 0.0389 |
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For Horizon Bancorp profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Horizon Bancorp to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Horizon Bancorp utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Horizon Bancorp's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Horizon Bancorp over time as well as its relative position and ranking within its peers.
Horizon |
Horizon Bancorp's Revenue Breakdown by Earning Segment
Check out Risk vs Return Analysis.
Is Regional Banks space 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 Horizon Bancorp. If investors know Horizon 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 Horizon Bancorp 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 0.108 | Dividend Share 0.64 | Earnings Share 0.48 | Revenue Per Share 4.205 | Quarterly Revenue Growth 0.069 |
The market value of Horizon Bancorp is measured differently than its book value, which is the value of Horizon that is recorded on the company's balance sheet. Investors also form their own opinion of Horizon Bancorp's value that differs from its market value or its book value, called intrinsic value, which is Horizon Bancorp's 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 Horizon Bancorp's market value can be influenced by many factors that don't directly affect Horizon Bancorp's 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 Horizon Bancorp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Horizon Bancorp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Horizon Bancorp's 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.
Horizon Bancorp Cash And Equivalents vs. Shares Owned By Institutions Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining Horizon Bancorp's current stock value. Our valuation model uses many indicators to compare Horizon Bancorp value to that of its competitors to determine the firm's financial worth. Horizon Bancorp is rated # 3 in shares owned by institutions category among its peers. It is rated below average in cash and equivalents category among its peers creating about 1,631,584 of Cash And Equivalents per Shares Owned By Institutions. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Horizon Bancorp's earnings, one of the primary drivers of an investment's value.Horizon Cash And Equivalents vs. Shares Owned By Institutions
Shares Owned by Institutions show the percentage of the outstanding shares of stock issued by a company that is currently owned by other institutions such as asset management firms, hedge funds, or investment banks. Many investors like investing in companies with a large percentage of the firm owned by institutions because they believe that larger firms such as banks, pension funds, and mutual funds, will invest when they think that good things are going to happen.
Horizon Bancorp |
| = | 68.93 % |
Since Institution investors conduct a lot of independent research they tend to be more involved and usually more knowledgeable about entities they invest as compared to amateur investors.
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
Horizon Bancorp |
| = | 112.47 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Horizon Cash And Equivalents Comparison
Horizon Bancorp is currently under evaluation in cash and equivalents category among its peers.
Horizon Bancorp Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in Horizon Bancorp, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Horizon Bancorp will eventually generate negative long term returns. The profitability progress is the general direction of Horizon Bancorp's change in net profit over the period of time. It can combine multiple indicators of Horizon Bancorp, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Accumulated Other Comprehensive Income | -66.6 M | -63.3 M | |
| Operating Income | 39 M | 50 M | |
| Income Before Tax | 39 M | 30 M | |
| Total Other Income Expense Net | 39 M | 40.9 M | |
| Net Income | 28 M | 24 M | |
| Income Tax Expense | 11 M | 6.1 M | |
| Net Income Applicable To Common Shares | 107.4 M | 112.8 M | |
| Net Income From Continuing Ops | 74.4 M | 50 M | |
| Net Interest Income | 182.3 M | 159.2 M | |
| Interest Income | 296 M | 199.9 M | |
| Change To Netincome | 2.7 M | 2.8 M | |
| Net Income Per Share | 0.64 | 0.58 | |
| Income Quality | 2.91 | 3.06 | |
| Net Income Per E B T | 0.72 | 0.57 |
Horizon Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on Horizon Bancorp. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Horizon Bancorp position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Horizon Bancorp's important profitability drivers and their relationship over time.
Use Horizon Bancorp in pair-trading
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Horizon Bancorp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Horizon Bancorp will appreciate offsetting losses from the drop in the long position's value.Horizon Bancorp Pair Trading
Horizon Bancorp Pair Trading Analysis
The ability to find closely correlated positions to Horizon Bancorp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Horizon Bancorp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Horizon Bancorp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Horizon Bancorp to buy it.
The correlation of Horizon Bancorp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Horizon Bancorp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Horizon Bancorp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Horizon Bancorp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Use Investing Themes to Complement your Horizon Bancorp position
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Check out Risk vs Return Analysis. For information on how to trade Horizon Stock refer to our How to Trade Horizon Stock guide.You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
To fully project Horizon Bancorp's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Horizon Bancorp at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Horizon Bancorp's income statement, its balance sheet, and the statement of cash flows.