Bank OZK [OZK] stock prices are up 2.77% to $45.22 at the moment. 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 OZK shares have gain 4.19% over the last week, with a monthly amount drifted -4.26%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, Raymond James downgraded its rating to Mkt Perform on September 17, 2024. On May 29, 2024, downgrade downgraded it’s rating to Sell and revised its price target to $37 on the stock. UBS downgraded its rating to a Neutral. Raymond James upgraded its rating to a Outperform but $58 remained the price target by the analyst firm on January 05, 2024. Wells Fargo downgraded its rating to Underweight for this stock on January 05, 2024, but kept the price target unchanged to $41. In a note dated December 01, 2023, Citigroup initiated an Buy rating and provided a target price of $50 on this stock.
The stock price of Bank OZK [OZK] has been fluctuating between $37.43 and $51.50 over the past year. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. Bank OZK [NASDAQ: OZK] shares were valued at $45.22 at the most recent close of the market. An investor can expect a potential return of 26.05% based on the average OZK price forecast.
Analyzing the OZK fundamentals
The Bank OZK [NASDAQ:OZK] reported sales of 2.72B for trailing twelve months, representing a surge of 21.04%. Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at 0.17%, Pretax Profit Margin comes in at 0.34%, and Net Profit Margin reading is 0.26%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.13 and Total Capital is 0.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
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 44.48 points at the first support level, and at 43.75 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.03, and for the 2nd resistance point, it is at 46.85.
Ratios To Look Out For
It’s worth pointing out that Bank OZK [NASDAQ:OZK]’s Current Ratio is 0.34. Considering the valuation of this stock, the price to sales ratio is 1.89, the price to book ratio is 0.98 and price to earnings (TTM) ratio is 7.43.
