Home Bancshares Inc (NYSE: HOMB) has a price-to-earnings ratio of 14.32x that is above its average ratio. Additionally, the 36-month beta value for HOMB is 1.04. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 rating it as “hold,” and 0 rating it as “sell.”
The public float for HOMB is 184.83M and currently, short sellers hold a 2.11% ratio of that float. The average trading volume of HOMB on October 17, 2024 was 997.20K shares.
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HOMB) stock’s latest price update
The stock of Home Bancshares Inc (NYSE: HOMB) has increased by 0.99 when compared to last closing price of 27.18.Despite this, the company has seen a gain of 4.10% in its stock price over the last five trading days. zacks.com reported 2024-10-16 that The headline numbers for Home BancShares (HOMB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
HOMB’s Market Performance
Home Bancshares Inc (HOMB) has experienced a 4.10% rise in stock performance for the past week, with a 0.66% rise in the past month, and a 2.92% rise in the past quarter. The volatility ratio for the week is 1.90%, and the volatility levels for the past 30 days are at 2.00% for HOMB. The simple moving average for the past 20 days is 2.47% for HOMB’s stock, with a 10.50% simple moving average for the past 200 days.
Analysts’ Opinion of HOMB
Many brokerage firms have already submitted their reports for HOMB stocks, with Citigroup repeating the rating for HOMB by listing it as a “Neutral.” The predicted price for HOMB in the upcoming period, according to Citigroup is $23 based on the research report published on December 01, 2023 of the previous year 2023.
Keefe Bruyette, on the other hand, stated in their research note that they expect to see HOMB reach a price target of $28. The rating they have provided for HOMB stocks is “Mkt Perform” according to the report published on December 13th, 2022.
HOMB Trading at 2.37% from the 50-Day Moving Average
After a stumble in the market that brought HOMB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.31% of loss for the given period.
Volatility was left at 2.00%, however, over the last 30 days, the volatility rate increased by 1.90%, as shares surge +0.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.35% upper at present.
During the last 5 trading sessions, HOMB rose by +4.10%, which changed the moving average for the period of 200-days by +8.37% in comparison to the 20-day moving average, which settled at $26.79. In addition, Home Bancshares Inc saw 8.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOMB starting from Davis Brian, who sale 15,391 shares at the price of $26.89 back on Jul 19 ’24. After this action, Davis Brian now owns 89,192 shares of Home Bancshares Inc, valued at $413,864 using the latest closing price.
Hester Kevin, the President and CLO of Home Bancshares Inc, sale 25,263 shares at $27.00 during a trade that took place back on Jul 19 ’24, which means that Hester Kevin is holding 114,912 shares at $682,101 based on the most recent closing price.
Stock Fundamentals for HOMB
Current profitability levels for the company are sitting at:
- -0.27 for the present operating margin
- 0.91 for the gross margin
The net margin for Home Bancshares Inc stands at 0.27. The total capital return value is set at -0.01. Equity return is now at value 10.29, with 1.71 for asset returns.
Currently, EBITDA for the company is 9.69 million with net debt to EBITDA at -40.51. When we switch over and look at the enterprise to sales, we see a ratio of 4.88. The receivables turnover for the company is 0.07for trailing twelve months and the total asset turnover is 0.05. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
In conclusion, Home Bancshares Inc (HOMB) has seen better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as 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.
