Horizon Bancorp, Inc. Experiences Revision in Its Stock Evaluation Amid Competitive Landscape

Horizon Bancorp, Inc. (Indiana), a small-cap player in the regional banking sector, has recently undergone a valuation adjustment. The company's current price stands at $16.25, with a 52-week range between $12.70 and $19.18. Key financial metrics reveal a P/E ratio of 14, a price-to-book value of 0.84, and an EV to EBITDA ratio of 34.61. The return on capital employed (ROCE) is reported at 2.01%, while the return on equity (ROE) is at 5.88%.
In comparison to its peers, Horizon Bancorp's valuation metrics reflect a competitive stance. For instance, Univest Financial Corp. has a P/E ratio of 12.14, while Cantaloupe, Inc. shows a P/E of 13.56. Notably, Horizon's PEG ratio is significantly lower at 0.15, indicating a different growth outlook relative to its peers.

When examining stock performance, Horizon has experienced varied returns against the S&P 500. Over the past year, it has returned 2.72%, compared to the S&P's 17.67%. In the longer term, the five-year return for Horizon stands at 55.80%, while the S&P 500 has achieved a return of 97.08%. This context highlights the competitive landscape in which Horizon operates, emphasizing the importance of ongoing performance evaluation.