A share price of Home Bancshares Inc [HOMB] is currently trading at $27.48, down -0.43%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The HOMB shares have gain 3.66% over the last week, with a monthly amount drifted -2.28%, 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.
Home Bancshares Inc experienced fluctuations in its stock price throughout the past year between $19.61 and $28.99. Currently, Wall Street analysts expect the stock to reach $28.5 within the next 12 months. Home Bancshares Inc [NYSE: HOMB] shares were valued at $27.48 at the most recent close of the market. An investor can expect a potential return of 3.71% based on the average HOMB price forecast.
Analyzing the HOMB fundamentals
Trailing Twelve Months sales for Home Bancshares Inc [NYSE:HOMB] were 1.40B which represents 9.14% growth. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at 0.39%, and Net Profit Margin reading is 0.29%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.1 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 0.49.
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 27.26 points at the first support level, and at 27.05 for the second support level. However, for the 1st resistance point, the stock is sitting at 27.63, and for the 2nd resistance point, it is at 27.79.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Home Bancshares Inc [NYSE:HOMB] is 0.29. Considering the valuation of this stock, the price to sales ratio is 3.91, the price to book ratio is 1.42 and price to earnings (TTM) ratio is 14.34.
Transactions by insiders
Recent insider trading involved Davis Brian, Chief Financial Officer, that happened on Jul 19 ’24 when 15391.0 shares were sold. President and CLO, Hester Kevin completed a deal on Jul 19 ’24 to sell 25263.0 shares. Meanwhile, Centennial Bank Chairman French Tracy sold 79306.0 shares on May 16 ’24.
