At the time of writing, Home Bancshares Inc [HOMB] stock is trading at $28.46, up 3.23%. An important factor to consider is whether the stock is rising or falling in short-term value. The HOMB shares have gain 1.21% over the last week, with a monthly amount drifted -7.05%, and not seem to be holding up well over a long-time horizon.
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.
For the past year, the stock price of Home Bancshares Inc fluctuated between $22.38 and $32.90. Currently, Wall Street analysts expect the stock to reach $30 within the next 12 months. Home Bancshares Inc [NYSE: HOMB] shares were valued at $28.46 at the most recent close of the market. An investor can expect a potential return of 5.41% based on the average HOMB price forecast.
Analyzing the HOMB fundamentals
According to Home Bancshares Inc [NYSE:HOMB], the company’s sales were 1.44B for trailing twelve months, which represents an 12.32% jump. Gross Profit Margin for this corporation currently stands at 0.91% with Operating Profit Margin at -0.12%, Pretax Profit Margin comes in at 0.38%, 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 0.1 and Total Capital is -0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.44.
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 27.92 points at the first support level, and at 27.37 for the second support level. However, for the 1st resistance point, the stock is sitting at 28.74, and for the 2nd resistance point, it is at 29.01.
Ratios To Look Out For
It is important to note that Home Bancshares Inc [NYSE:HOMB] has a current ratio of 0.29. Considering the valuation of this stock, the price to sales ratio is 3.92, the price to book ratio is 1.43 and price to earnings (TTM) ratio is 14.73.
Transactions by insiders
Recent insider trading involved KEY COLONY FUND LP, Director, that happened on Nov 26 ’24 when 55000.0 shares were purchased. Director, LIEBLONG ALEX R completed a deal on Nov 25 ’24 to sell 55000.0 shares. Meanwhile, Director Hickman James Pat sold 63997.0 shares on Nov 18 ’24.
