The stock price of Home Bancshares Inc (NYSE: HOMB) has dropped by -0.83 compared to previous close of 30.09. Despite this, the company has seen a gain of 4.85% in its stock price over the last five trading days. globenewswire.com reported 2025-01-21 that CONWAY, Ark., Jan. 21, 2025 (GLOBE NEWSWIRE) — Home BancShares, Inc. (NYSE: HOMB) (“Home” or “the Company”), parent company of Centennial Bank (“Centennial”), announced today that its Board of Directors has authorized an increase in the shares available for repurchase and has declared its regular quarterly cash dividend.
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 14.84x compared to its average ratio. HOMB has 36-month beta value of 1.09. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for HOMB is 184.30M, and currently, short sellers hold a 2.36% ratio of that float. The average trading volume of HOMB on January 23, 2025 was 1.03M shares.
HOMB’s Market Performance
The stock of Home Bancshares Inc (HOMB) has seen a 4.85% increase in the past week, with a 5.26% rise in the past month, and a 11.80% gain in the past quarter. The volatility ratio for the week is 2.92%, and the volatility levels for the past 30 days are at 2.53% for HOMB. The simple moving average for the last 20 days is 4.53% for HOMB’s stock, with a simple moving average of 12.10% for the last 200 days.
Analysts’ Opinion of HOMB
Many brokerage firms have already submitted their reports for HOMB stocks, with Hovde Group repeating the rating for HOMB by listing it as a “Outperform.” The predicted price for HOMB in the upcoming period, according to Hovde Group is $35 based on the research report published on January 17, 2025 of the current year 2025.
Citigroup, on the other hand, stated in their research note that they expect to see HOMB reach a price target of $23. The rating they have provided for HOMB stocks is “Neutral” according to the report published on December 01st, 2023.
Keefe Bruyette gave a rating of “Mkt Perform” to HOMB, setting the target price at $28 in the report published on December 13th of the previous year.
HOMB Trading at 0.04% 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 -9.31% of loss for the given period.
Volatility was left at 2.53%, however, over the last 30 days, the volatility rate increased by 2.92%, as shares surge +6.15% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -3.02% lower at present.
During the last 5 trading sessions, HOMB rose by +4.85%, which changed the moving average for the period of 200-days by +25.96% in comparison to the 20-day moving average, which settled at $28.55. In addition, Home Bancshares Inc saw 5.44% 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 ALLISON JOHN W, who purchase 10,000 shares at the price of $30.76 back on Jan 21 ’25. After this action, ALLISON JOHN W now owns 5,693,182 shares of Home Bancshares Inc, valued at $307,585 using the latest closing price.
KEY COLONY FUND LP, the Director of Home Bancshares Inc, proposed sale 55,000 shares at $31.03 during a trade that took place back on Nov 26 ’24, which means that KEY COLONY FUND LP is holding shares at $1,706,904 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 10.38, with 1.78 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 5.03. 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 0.26.
Conclusion
To put it simply, Home Bancshares Inc (HOMB) has had a better performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
