Bank OZK (OZK) stock: 12-month forecast projects 17.34% potential return%

Bank OZK [OZK] stock is trading at $42.61, up 1.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The OZK shares have gain 7.44% over the last week, with a monthly amount glided 1.24%, 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 September 17, 2024, when Raymond James downgraded its rating to a Mkt Perform. Previously, Citigroup downgraded its rating to Sell on May 29, 2024, and dropped its price target to $37. On January 08, 2024, downgrade downgraded it’s rating to Neutral. Raymond James upgraded its rating to a Outperform but stick to its price target of $58 on January 05, 2024. Wells Fargo downgraded its rating to a Underweight but $41 remained the price target by the analyst firm on January 05, 2024. Citigroup started tracking with a Buy rating for this stock on December 01, 2023, and assigned it a price target of $50. In a note dated March 15, 2023, UBS upgraded an Buy rating on this stock and revised its target price from $48 to $47.

Bank OZK [OZK] stock has fluctuated between $34.76 and $52.36 over the past year. Currently, Wall Street analysts expect the stock to reach $50 within the next 12 months. Bank OZK [NASDAQ: OZK] shares were valued at $42.61 at the most recent close of the market. An investor can expect a potential return of 17.34% based on the average OZK price forecast.

Analyzing the OZK fundamentals

Bank OZK [NASDAQ:OZK] reported sales of 2.60B for the trailing twelve months, which represents a growth of 28.90%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.19%, Pretax Profit Margin comes in at 0.38%, 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 0.14 and Total Capital is 0.02. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.16.

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 41.57 points at the first support level, and at 40.54 for the second support level. However, for the 1st resistance point, the stock is sitting at 43.71, and for the 2nd resistance point, it is at 44.81.

Ratios To Look Out For

For context, Bank OZK’s Current Ratio is 0.31. Considering the valuation of this stock, the price to sales ratio is 1.86, the price to book ratio is 0.95 and price to earnings (TTM) ratio is 7.07.

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