The stock price of Home Bancshares Inc (NYSE: HOMB) has plunged by -3.26 when compared to previous closing price of 27.99, but the company has seen a -2.63% decline in its stock price over the last five trading sessions. zacks.com reported 2025-01-10 that Looking beyond Wall Street’s top -and-bottom-line estimate forecasts for Home BancShares (HOMB), delve into some of its key metrics to gain a deeper insight into the company’s potential performance for the quarter ended December 2024.
Is It Worth Investing in Home Bancshares Inc (NYSE: HOMB) Right Now?
The price-to-earnings ratio for Home Bancshares Inc (NYSE: HOMB) is above average at 14.01x. The 36-month beta value for HOMB is also noteworthy at 1.09. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 1 rating it as “overweight,” 4 rating it as “hold,” and 0 rating it as “sell.”
The public float for HOMB is 184.30M, and at present, short sellers hold a 2.22% of that float. The average trading volume of HOMB on January 10, 2025 was 982.14K shares.
HOMB’s Market Performance
The stock of Home Bancshares Inc (HOMB) has seen a -2.63% decrease in the past week, with a -10.95% drop in the past month, and a 2.69% gain in the past quarter. The volatility ratio for the week is 2.77%, and the volatility levels for the past 30 days are at 2.49% for HOMB. The simple moving average for the past 20 days is -5.62% for HOMB’s stock, with a 2.44% 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 -8.59% 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 -17.71% of loss for the given period.
Volatility was left at 2.49%, however, over the last 30 days, the volatility rate increased by 2.77%, as shares sank -10.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -2.82% lower at present.
During the last 5 trading sessions, HOMB fell by -2.27%, which changed the moving average for the period of 200-days by +15.02% in comparison to the 20-day moving average, which settled at $28.70. In addition, Home Bancshares Inc saw -4.32% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at HOMB starting from KEY COLONY FUND LP, who proposed sale 55,000 shares at the price of $31.03 back on Nov 26 ’24. After this action, KEY COLONY FUND LP now owns shares of Home Bancshares Inc, valued at $1,706,904 using the latest closing price.
LIEBLONG ALEX R, the Director of Home Bancshares Inc, sale 55,000 shares at $32.75 during a trade that took place back on Nov 25 ’24, which means that LIEBLONG ALEX R is holding 0 shares at $1,801,250 based on the most recent closing price.
Stock Fundamentals for HOMB
Current profitability levels for the company are sitting at:
- -0.12 for the present operating margin
- 0.91 for the gross margin
The net margin for Home Bancshares Inc stands at 0.29. The total capital return value is set at -0.01. 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 0.31 points at debt to capital in total, while cash flow to debt ratio is standing at 0.28. The debt to equity ratio resting at 0.44. The interest coverage ratio of the stock is -0.44.
Currently, EBITDA for the company is 542.81 million with net debt to EBITDA at 1.77. When we switch over and look at the enterprise to sales, we see a ratio of 4.62. The receivables turnover for the company is 0.09for trailing twelve months and the total asset turnover is 0.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.29.
Conclusion
In summary, Home Bancshares Inc (HOMB) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
