Home Bancshares Inc [HOMB] stock prices are up 0.13% to $22.43 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The HOMB shares have lost -2.31% over the last week, with a monthly amount drifted -2.44%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Home Bancshares Inc [NYSE: HOMB] stock has seen the most recent analyst activity on December 01, 2023, when Citigroup initiated its Neutral rating and assigned the stock a price target of $23. Previously, Keefe Bruyette downgraded its rating to Mkt Perform on December 13, 2022, and kept the price target unchanged to $28. On July 16, 2021, downgrade downgraded it’s rating to Mkt Perform. Raymond James upgraded its rating to a Outperform but stick to its price target of $14 on April 17, 2020. Citigroup downgraded its rating to a Neutral. Barclays started tracking with a Equal Weight rating for this stock on February 11, 2019, and assigned it a price target of $21. In a note dated June 18, 2018, Citigroup initiated an Buy rating and provided a target price of $28 on this stock.
The stock price of Home Bancshares Inc [HOMB] has been fluctuating between $19.61 and $25.80 over the past year. Currently, Wall Street analysts expect the stock to reach $27.5 within the next 12 months. Home Bancshares Inc [NYSE: HOMB] shares were valued at $22.43 at the most recent close of the market. An investor can expect a potential return of 22.6% based on the average HOMB price forecast.
Analyzing the HOMB fundamentals
The Home Bancshares Inc [NYSE:HOMB] reported sales of 1.34B for trailing twelve months, representing a surge of 4.55%. Gross Profit Margin for this corporation currently stands at 0.89%, Pretax Profit Margin comes in at 0.47%, and Net Profit Margin reading is 0.36%. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 22.29 points at the first support level, and at 22.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 22.70, and for the 2nd resistance point, it is at 22.96.
Ratios To Look Out For
It’s worth pointing out that Home Bancshares Inc [NYSE:HOMB]’s Current Ratio is 0.18. Considering the valuation of this stock, the price to sales ratio is 3.36, the price to book ratio is 1.19 and price to earnings (TTM) ratio is 11.58.
Transactions by insiders
Recent insider trading involved Townsell Donna, Director of Investor Relations, that happened on Mar 21 ’24 when 22729.0 shares were sold. Chairman & CEO, ALLISON JOHN W completed a deal on Feb 05 ’24 to buy 20000.0 shares. Meanwhile, Director Hickman James Pat sold 60000.0 shares on Dec 22 ’23.
