The stock of Home Bancshares Inc (HOMB) has seen a 14.18% increase in the past week, with a 16.13% gain in the past month, and a 21.93% flourish in the past quarter. The volatility ratio for the week is 3.77%, and the volatility levels for the past 30 days are at 2.64% for HOMB. The simple moving average for the last 20 days is 11.67% for HOMB’s stock, with a simple moving average of 24.05% for the last 200 days.
Is It Worth Investing in Home Bancshares Inc (NYSE: HOMB) Right Now?
Home Bancshares Inc (NYSE: HOMB) has a higher price-to-earnings ratio of 16.17x compared to its average ratio, The 36-month beta value for HOMB is at 1.06. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 5 as “hold,” and 0 as “sell.”
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The public float for HOMB is 184.03M, and currently, shorts hold a 2.21% of that float. The average trading volume for HOMB on November 13, 2024 was 888.42K shares.
HOMB) stock’s latest price update
Home Bancshares Inc (NYSE: HOMB)’s stock price has soared by 0.97 in relation to previous closing price of 30.95. Nevertheless, the company has seen a gain of 14.18% in its stock price over the last five trading days. globenewswire.com reported 2024-11-12 that CONWAY, Ark., Nov. 12, 2024 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), and its wholly-owned subsidiary, Centennial Bank (“Centennial”), announced that it would participate in a Fireside Chat during the Stephens Annual Investment Conference being held November 19, 2024. The Company will present at 1:00 p.m. CT (2:00 p.m. ET), on Tuesday, November 19, 2024. The Fireside Chat can be accessed live using the following link: https://wsw.com/webcast/stph35/homb/1819690. A replay will be available from the webcast link for 90 days following the live presentation at the following link: https://wsw.com/webcast/stph35/homb/1819690.
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 14.51% 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 -0.19% of loss for the given period.
Volatility was left at 2.64%, however, over the last 30 days, the volatility rate increased by 3.77%, as shares surge +14.97% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +12.49% upper at present.
During the last 5 trading sessions, HOMB rose by +14.18%, which changed the moving average for the period of 200-days by +25.81% in comparison to the 20-day moving average, which settled at $27.99. In addition, Home Bancshares Inc saw 23.37% 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 FLOYD JENNIFER C., who sale 2,000 shares at the price of $30.18 back on Nov 07 ’24. After this action, FLOYD JENNIFER C. now owns 3,468 shares of Home Bancshares Inc, valued at $60,360 using the latest closing price.
Engelkes Jack, the Director of Home Bancshares Inc, sale 25,000 shares at $30.12 during a trade that took place back on Nov 06 ’24, which means that Engelkes Jack is holding 199,195 shares at $753,000 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 0.36. The total capital return value is set at -0.02. Equity return is now at value 10.19, with 1.73 for asset returns.
Based on Home Bancshares Inc (HOMB), the company’s capital structure generated 0.33 points at debt to capital in total, while cash flow to debt ratio is standing at 0.26. The debt to equity ratio resting at 0.48. The interest coverage ratio of the stock is -0.82.
When we switch over and look at the enterprise to sales, we see a ratio of 7.36. 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 had a better 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.
