Moreover, the 36-month beta value for HMST is 1.36. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 0 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for HMST is 17.70M and currently, short sellers hold a 1.89% of that float. On October 18, 2024, HMST’s average trading volume was 91.31K shares.
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HMST) stock’s latest price update
The stock of HomeStreet Inc (NASDAQ: HMST) has decreased by -1.49 when compared to last closing price of 15.47. Despite this, the company has experienced a 0.99% gain in its stock price over the last five trading sessions. zacks.com reported 2024-07-29 that While the top- and bottom-line numbers for HomeStreet (HMST) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
HMST’s Market Performance
HMST’s stock has risen by 0.99% in the past week, with a monthly rise of 1.60% and a quarterly rise of 12.97%. The volatility ratio for the week is 2.58% while the volatility levels for the last 30 days are 3.00% for HomeStreet Inc The simple moving average for the last 20 days is 0.67% for HMST stock, with a simple moving average of 15.98% for the last 200 days.
Analysts’ Opinion of HMST
Many brokerage firms have already submitted their reports for HMST stocks, with Janney repeating the rating for HMST by listing it as a “Buy.” The predicted price for HMST in the upcoming period, according to Janney is $13.50 based on the research report published on June 20, 2024 of the current year 2024.
Wedbush, on the other hand, stated in their research note that they expect to see HMST reach a price target of $12, previously predicting the price at $21. The rating they have provided for HMST stocks is “Neutral” according to the report published on April 26th, 2023.
Piper Sandler gave a rating of “Neutral” to HMST, setting the target price at $28 in the report published on February 01st of the previous year.
HMST Trading at 0.75% from the 50-Day Moving Average
After a stumble in the market that brought HMST to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.34% of loss for the given period.
Volatility was left at 3.00%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares sank -0.39% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.13% upper at present.
During the last 5 trading sessions, HMST rose by +0.99%, which changed the moving average for the period of 200-days by +49.27% in comparison to the 20-day moving average, which settled at $15.14. In addition, HomeStreet Inc saw 47.96% 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 HMST starting from LEMON PAULETTE, who sale 2,401 shares at the price of $15.59 back on Aug 30 ’24. After this action, LEMON PAULETTE now owns 0 shares of HomeStreet Inc, valued at $37,436 using the latest closing price.
LEMON PAULETTE, the Officer of HomeStreet Inc, proposed sale 2,401 shares at $15.59 during a trade that took place back on Aug 30 ’24, which means that LEMON PAULETTE is holding shares at $37,432 based on the most recent closing price.
Stock Fundamentals for HMST
Current profitability levels for the company are sitting at:
- -0.06 for the present operating margin
- 1.16 for the gross margin
The net margin for HomeStreet Inc stands at -0.04. The total capital return value is set at -0.01. Equity return is now at value -2.84, with -0.16 for asset returns.
Based on HomeStreet Inc (HMST), the company’s capital structure generated 0.8 points at debt to capital in total, while cash flow to debt ratio is standing at 0.0. The debt to equity ratio resting at 4.06. The interest coverage ratio of the stock is -0.08.
Currently, EBITDA for the company is -32.76 million with net debt to EBITDA at -196.23. When we switch over and look at the enterprise to sales, we see a ratio of 6.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.04.
Conclusion
To wrap up, the performance of HomeStreet Inc (HMST) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
