Bank OZK (OZK)’s latest quarter sales figures and margins explained

Currently, Bank OZK [OZK] is trading at $44.94, up 2.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The OZK shares have gain 5.07% over the last week, with a monthly amount glided 2.37%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Bank OZK [NASDAQ: OZK] stock has seen the most recent analyst activity on January 08, 2024, when UBS downgraded its rating to a Neutral. Previously, Raymond James upgraded its rating to Outperform on January 05, 2024, and kept the price target unchanged to $58. On January 05, 2024, downgrade downgraded it’s rating to Underweight but maintained its price target of $41 on the stock. Citigroup started tracking the stock assigning a Buy rating and suggested a price target of $50 on December 01, 2023. UBS upgraded its rating to a Buy and reduced its price target to $47 on March 15, 2023. Morgan Stanley started tracking with a Equal-Weight rating for this stock on December 05, 2022, and assigned it a price target of $48. In a note dated July 07, 2022, Wells Fargo downgraded an Equal Weight rating on this stock and revised its target price from $58 to $42.

This stock has fluctuated between a low of $30.72 and a high of $52.36 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $48 within the next 12 months. Bank OZK [NASDAQ: OZK] shares were valued at $44.94 at the most recent close of the market. An investor can expect a potential return of 6.81% based on the average OZK price forecast.

Analyzing the OZK fundamentals

Trailing Twelve Months sales for Bank OZK [NASDAQ:OZK] were 2.44B which represents 39.79% growth. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.42%, and Net Profit Margin reading is 0.33%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.14 and Total Capital is 0.01. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.13.

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 44.18 points at the first support level, and at 43.41 for the second support level. However, for the 1st resistance point, the stock is sitting at 45.37, and for the 2nd resistance point, it is at 45.79.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Bank OZK [NASDAQ:OZK] is 0.63. Considering the valuation of this stock, the price to sales ratio is 2.12, the price to book ratio is 1.03 and price to earnings (TTM) ratio is 7.52.

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