Horizon Bancorp Inc. (HBNC)
Horizon Bancorp Statistics
Share Statistics
Horizon Bancorp has 44.01M shares outstanding. The number of shares has increased by -0.91% in one year.
| Shares Outstanding | 44.01M |
| Shares Change (YoY) | -0.91% |
| Shares Change (QoQ) | 0% |
| Owned by Institutions (%) | 69.77% |
| Shares Floating | 42.7M |
| Failed to Deliver (FTD) Shares | 50 |
| FTD / Avg. Volume | 0.03% |
Short Selling Information
The latest short interest is 721.84K, so 1.65% of the outstanding shares have been sold short.
| Short Interest | 721.84K |
| Short % of Shares Out | 1.65% |
| Short % of Float | 1.7% |
| Short Ratio (days to cover) | 4.54 |
Valuation Ratios
The PE ratio is 19.88 and the forward PE ratio is 8.95. Horizon Bancorp's PEG ratio is 0.75.
| PE Ratio | 19.88 |
| Forward PE | 8.95 |
| PS Ratio | 1.98 |
| Forward PS | 2.4 |
| PB Ratio | 0.92 |
| P/FCF Ratio | 110.6 |
| PEG Ratio | 0.75 |
Enterprise Valuation
Horizon Bancorp has an Enterprise Value (EV) of 1.84B.
| EV / Sales | 5.17 |
| EV / EBITDA | 0 |
| EV / EBIT | 289.61 |
| EV / FCF | 289.61 |
Financial Position
The company has a current ratio of 0.3, with a Debt / Equity ratio of 1.61.
| Current Ratio | 0.3 |
| Quick Ratio | 0.3 |
| Debt / Equity | 1.61 |
| Debt / EBITDA | - |
| Debt / FCF | 193.51 |
| Interest Coverage | 2.11 |
Financial Efficiency
Return on Equity is 4.64% and Return on Invested Capital is 73.32%.
| Return on Equity | 4.64% |
| Return on Assets | 0.45% |
| Return on Invested Capital | 73.32% |
| Revenue Per Employee | $423.88K |
| Profits Per Employee | $42.13K |
| Employee Count | 841 |
| Asset Turnover | 0.05 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | -8.08M |
| Effective Tax Rate | -29.54% |
Stock Price Statistics
The stock price has increased by 25.06% in the last 52 weeks. The beta is 1.05, so Horizon Bancorp's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | 25.06% |
| 50-Day Moving Average | 16.33 |
| 200-Day Moving Average | 15.75 |
| Relative Strength Index (RSI) | 40.66 |
| Average Volume (20 Days) | 165.27K |
Income Statement
In the last 12 months, Horizon Bancorp had revenue of 356.48M and earned 35.43M in profits. Earnings per share was 0.81.
| Revenue | 356.48M |
| Gross Profit | 356.48M |
| Operating Income | 353.75M |
| Net Income | 35.43M |
| EBITDA | 0 |
| EBIT | 195.23M |
| Earnings Per Share (EPS) | 0.81 |
Balance Sheet
The company has 92.3M in cash and 1.23B in debt, giving a net cash position of -1.14B.
| Cash & Cash Equivalents | 92.3M |
| Total Debt | 1.23B |
| Net Cash | -1.14B |
| Retained Earnings | 436.12M |
| Total Assets | 7.8B |
| Working Capital | 354.59M |
Cash Flow
In the last 12 months, operating cash flow was 6.37M and capital expenditures 0, giving a free cash flow of 6.37M.
| Operating Cash Flow | 6.37M |
| Capital Expenditures | 0 |
| Free Cash Flow | 6.37M |
| FCF Per Share | 0.15 |
Margins
Gross margin is 100%, with operating and profit margins of 99.23% and 9.94%.
| Gross Margin | 100% |
| Operating Margin | 99.23% |
| Pretax Margin | 7.67% |
| Profit Margin | 9.94% |
| EBITDA Margin | n/a |
| EBIT Margin | 99.23% |
| FCF Margin | 1.79% |
Dividends & Yields
HBNC pays an annual dividend of $0.8, which amounts to a dividend yield of 4.23%.
| Dividend Per Share | $0.80 |
| Dividend Yield | 4.23% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 100% |
| Earnings Yield | 5.03% |
| FCF Yield | 0.9% |
Analyst Forecast
The average price target for HBNC is $19, which is 24.4% higher than the current price. The consensus rating is "Hold".
| Price Target | $19 |
| Price Target Difference | 24.4% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Stock Splits
The last stock split was on Jun 18, 2018. It was a forward split with a ratio of 3:2.
| Last Split Date | Jun 18, 2018 |
| Split Type | forward |
| Split Ratio | 3:2 |
Scores
| Altman Z-Score | 0.24 |
| Piotroski F-Score | 5 |