Huntington Bancshares Inc (HBAN): Today's Featured Financial Winner

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Huntington ( HBAN) pushed the Financial sector higher today making it today's featured financial winner. The sector as a whole closed the day up 0.4%. By the end of trading, Huntington rose 7 cents (1.1%) to $6.62 on light volume. Throughout the day, 6.8 million shares of Huntington exchanged hands as compared to its average daily volume of 10.4 million shares. The stock ranged in a price between $6.55-$6.65 after having opened the day at $6.55 as compared to the previous trading day's close of $6.55. Other companies within the Financial sector that increased today were: Carver Bancorp ( CARV), up 18%, Income Opportunity Realty Investors ( IOT), up 14.5%, United Community Bancorp ( UCBA), up 13.3%, and Security National Financial Corporation ( SNFCA), up 11.8%.

Huntington Bancshares Incorporated operates as the holding company for The Huntington National Bank that provides commercial, small business, and consumer banking services. Huntington has a market cap of $5.6 billion and is part of the banking industry. The company has a P/E ratio of 10.5, above the average banking industry P/E ratio of 10.2 and below the S&P 500 P/E ratio of 17.7. Shares are up 19.3% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate Huntington a buy, two analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Huntington as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, growth in earnings per share, expanding profit margins, notable return on equity and increase in net income. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the financial sector could consider Financial Select Sector SPDR ( XLF) while those bearish on the financial sector could consider Proshares Short Financials ( SEF).

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