The stock of Bank OZK (OZK) has gone up by 10.88% for the week, with a 5.39% rise in the past month and a -4.82% drop in the past quarter. The volatility ratio for the week is 3.17%, and the volatility levels for the past 30 days are 2.53% for OZK. The simple moving average for the past 20 days is 5.20% for OZK’s stock, with a 9.55% simple moving average for the past 200 days.
Is It Worth Investing in Bank OZK (NASDAQ: OZK) Right Now?
Bank OZK (NASDAQ: OZK) has a higher price-to-earnings ratio of 7.76x compared to its average ratio, The 36-month beta value for OZK is at 1.22. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for OZK is 107.89M, and currently, shorts hold a 11.37% of that float. The average trading volume for OZK on April 25, 2024 was 1.23M shares.
OZK) stock’s latest price update
The stock price of Bank OZK (NASDAQ: OZK) has jumped by 0.63 compared to previous close of 46.08. Despite this, the company has seen a gain of 10.88% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Bank OZK (OZK) have what it takes?
Analysts’ Opinion of OZK
Raymond James, on the other hand, stated in their research note that they expect to see OZK reach a price target of $58. The rating they have provided for OZK stocks is “Outperform” according to the report published on January 05th, 2024.
Wells Fargo gave a rating of “Underweight” to OZK, setting the target price at $41 in the report published on January 05th of the current year.
OZK Trading at 6.64% from the 50-Day Moving Average
After a stumble in the market that brought OZK to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.44% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 3.17%, as shares surge +5.87% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.46% upper at present.
During the last 5 trading sessions, OZK rose by +10.88%, which changed the moving average for the period of 200-days by +15.15% in comparison to the 20-day moving average, which settled at $44.21. In addition, Bank OZK saw -6.94% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for OZK
Current profitability levels for the company are sitting at:
- 0.32 for the present operating margin
- 1.0 for the gross margin
The net margin for Bank OZK stands at 0.33. The total capital return value is set at 0.02. Equity return is now at value 13.89, with 2.14 for asset returns.
Based on Bank OZK (OZK), the company’s capital structure generated 0.11 points at debt to capital in total, while cash flow to debt ratio is standing at 0.94. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is 1.79.
Currently, EBITDA for the company is 56000.0 with net debt to EBITDA at -3.63. When we switch over and look at the enterprise to sales, we see a ratio of 1.77. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.63.
Conclusion
In conclusion, Bank OZK (OZK) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
