At the time of writing, Bank OZK [OZK] stock is trading at $38.49, up 1.69%. An important factor to consider is whether the stock is rising or falling in short-term value. The OZK shares have gain 0.50% over the last week, with a monthly amount drifted -19.54%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Bank OZK [NASDAQ: OZK] stock has seen the most recent analyst activity on May 29, 2024, when Citigroup downgraded its rating to a Sell and also revised its price target to $37 from $57. Previously, UBS downgraded its rating to Neutral on January 08, 2024. On January 05, 2024, upgrade upgraded it’s rating to Outperform but maintained its price target of $58 on the stock. Wells Fargo downgraded its rating to a Underweight but stick to its price target of $41 on January 05, 2024. Citigroup initiated its recommendation with a Buy and recommended $50 as its price target on December 01, 2023. UBS upgraded its rating to Buy for this stock on March 15, 2023, and downed its price target to $47. In a note dated December 05, 2022, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $48 on this stock.
For the past year, the stock price of Bank OZK fluctuated between $34.76 and $52.36. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Bank OZK [NASDAQ: OZK] shares were valued at $38.49 at the most recent close of the market. An investor can expect a potential return of 29.9% based on the average OZK price forecast.
Analyzing the OZK fundamentals
According to Bank OZK [NASDAQ:OZK], the company’s sales were 2.44B for trailing twelve months, which represents an 39.79% jump. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.32%, 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 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.13.
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 37.76 points at the first support level, and at 37.03 for the second support level. However, for the 1st resistance point, the stock is sitting at 38.89, and for the 2nd resistance point, it is at 39.29.
Ratios To Look Out For
It is important to note that Bank OZK [NASDAQ:OZK] has a current ratio of 0.27. Considering the valuation of this stock, the price to sales ratio is 1.82, the price to book ratio is 0.89 and price to earnings (TTM) ratio is 6.45.
