Lumida
/HBNC
⌘K
Horizon Bancorp Inc

Horizon Bancorp Inc

HBNC
$19.78USD+0.10%+0.02 today

MARKET CAP

1.0B

P/E (TTM)

5.8x

FWD P/E

9.0x

DAY RANGE

$20 – $20

52W RANGE

$15
$21

AI Summary

Stalk
Sell NowMedium

HBNC has rolled over from recent highs after a Bearish Pivot Point signaled a failure of the advance, leading to tight tracking below the 9/20 EMAs and confirming a downtrend into oversold RSI territory. The medium-term bias is now bearish, warranting a sell now stance, although the long-term uptrend remains intact with potential support at longer-term moving averages.

  • EPS expected to recover from -$3.24 to $2.09 next year.
  • Q2 net income $24.9M; ROA >1.6% and ROE ~16%.
  • Negative P/E of -6.17x and 59.6% discount to fair value.
Full analysis →
STATEMENT·Income statement
USD · GAAP
METRICFY 2021FY 2022FY 2023FY 2024FY 2025TREND
Sales, Adj.$252.1M$283.5M$324.3M$359.5M$106.3M
YoY %-2.9%+12.5%+14.4%+10.8%-70.4%
P / Sales3.6x2.3x2.0x2.0x7.4x
EV / Sales27.8x27.3x23.9x21.3x60.8x
Gross Profit, Adj.$233.8M$247.0M$187.7M$191.6M$-27.0M
YoY %+3.8%+5.7%-24.0%+2.0%-114.1%
Margin %92.7%87.1%57.9%53.3%-25.4%
EV / Gross Profit30.0x31.3x41.2x40.0x-239.9x
EBITDA, Adj.$102.4M$105.6M$39.0M$27.4M$-200.8M
YoY %+30.7%+3.1%-63.1%-29.9%-834.4%
Margin %40.6%37.2%12.0%7.6%-188.9%
EV / EBITDA68.4x73.3x198.5x279.9x-32.2x
EBIT$102.4M$105.6M$39.0M$27.4M$-201.2M
YoY %+30.7%+3.1%-63.1%-29.9%-835.5%
Margin %40.6%37.2%12.0%7.6%-189.2%
EV / EBIT68.4x73.3x198.5x279.9x-32.2x
Net Income$87.1M$93.4M$28.0M$35.4M$-150.5M
YoY %+27.1%+7.3%-70.0%+26.6%-524.7%
Net Margin34.6%33.0%8.6%9.9%-141.5%
EPS (GAAP)$1.98$2.14$0.64$0.80-$3.24
YoY %+27.7%+8.1%-70.1%+25.0%-505.0%