A share price of HomeStreet Inc [HMST] is currently trading at $10.84, up 0.28%. 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 HMST shares have gain 10.27% over the last week, with a monthly amount drifted -5.82%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
HomeStreet Inc [NASDAQ: HMST] stock has seen the most recent analyst activity on November 05, 2024, when Wedbush upgraded its rating to a Outperform but kept the price target unchanged to $12 for it. Previously, Janney upgraded its rating to Buy on June 20, 2024, and kept the price target unchanged to $13.50. On April 26, 2023, downgrade downgraded it’s rating to Neutral and revised its price target to $12 on the stock. Piper Sandler upgraded its rating to a Neutral and increased its price target to $28 on February 01, 2023. Keefe Bruyette downgraded its rating to a Mkt Perform and reduced its price target to $29 on January 31, 2023. B. Riley Securities downgraded its rating to Neutral for this stock on June 14, 2022, and downed its price target to $43. In a note dated May 05, 2022, Piper Sandler downgraded an Underweight rating on this stock and revised its target price from $52 to $40.
HomeStreet Inc experienced fluctuations in its stock price throughout the past year between $8.09 and $16.10. Currently, Wall Street analysts expect the stock to reach $13.5 within the next 12 months. HomeStreet Inc [NASDAQ: HMST] shares were valued at $10.84 at the most recent close of the market. An investor can expect a potential return of 24.54% based on the average HMST price forecast.
Analyzing the HMST fundamentals
Trailing Twelve Months sales for HomeStreet Inc [NASDAQ:HMST] were 450.28M which represents 0.12% growth. Gross Profit Margin for this corporation currently stands at 1.17% with Operating Profit Margin at -0.09%, Pretax Profit Margin comes in at -0.09%, and Net Profit Margin reading is -0.07%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.05 and Total Capital is -0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 3.94.
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 10.66 points at the first support level, and at 10.47 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.06, and for the 2nd resistance point, it is at 11.27.
Ratios To Look Out For
To put it in perspective, the Current Ratio for HomeStreet Inc [NASDAQ:HMST] is 0.05. Considering the valuation of this stock, the price to sales ratio is 0.45, the price to book ratio is 0.38.
Transactions by insiders
Recent insider trading involved Hand Erik D, Officer, that happened on Dec 17 ’24 when 5000.0 shares were purchased. Director, Tompkins Sidney Craig completed a deal on Dec 17 ’24 to buy 5000.0 shares. Meanwhile, EVP, DIR. OF COMM’L BANKING Parr David L sold 5210.0 shares on Dec 18 ’24.
