Currently, Bank OZK [OZK] is trading at $49.74, up 9.70%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The OZK shares have gain 19.25% over the last week, with a monthly amount glided 4.25%, and 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.
This stock has fluctuated between a low of $37.43 and a high of $51.50 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $57 within the next 12 months. Bank OZK [NASDAQ: OZK] shares were valued at $49.74 at the most recent close of the market. An investor can expect a potential return of 14.6% based on the average OZK price forecast.
Analyzing the OZK fundamentals
Trailing Twelve Months sales for Bank OZK [NASDAQ:OZK] were 2.77B which represents 8.26% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 47.97 points at the first support level, and at 46.21 for the second support level. However, for the 1st resistance point, the stock is sitting at 50.67, and for the 2nd resistance point, it is at 51.61.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Bank OZK [NASDAQ:OZK] is 0.80. Considering the valuation of this stock, the price to sales ratio is 2.03, the price to book ratio is 1.05 and price to earnings (TTM) ratio is 8.10.
