In the past week, HONE stock has gone down by -2.83%, with a monthly decline of -0.09% and a quarterly plunge of -1.52%. The volatility ratio for the week is 6.68%, and the volatility levels for the last 30 days are 3.88% for HarborOne Bancorp Inc The simple moving average for the past 20 days is -0.25% for HONE’s stock, with a -2.13% simple moving average for the past 200 days.
Is It Worth Investing in HarborOne Bancorp Inc (NASDAQ: HONE) Right Now?
HarborOne Bancorp Inc (NASDAQ: HONE) has a price-to-earnings ratio of 17.86x that is above its average ratio. Additionally, the 36-month beta value for HONE is 0.75. There are mixed opinions on the stock, with 1 analysts rating it as a “buy,” 0 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”
The public float for HONE is 38.38M and currently, short sellers hold a 0.67% ratio of that float. The average trading volume of HONE on February 05, 2025 was 205.34K shares.
HONE) stock’s latest price update
HarborOne Bancorp Inc (NASDAQ: HONE)’s stock price has gone rise by 11.12 in comparison to its previous close of 10.52, however, the company has experienced a -2.83% decrease in its stock price over the last five trading days. zacks.com reported 2025-01-30 that While the top- and bottom-line numbers for HarborOne Bancorp (HONE) give a sense of how the business performed in the quarter ended December 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of HONE
Compass Point gave a rating of “Neutral” to HONE, setting the target price at $14 in the report published on October 20th of the previous year.
HONE Trading at -4.54% from the 50-Day Moving Average
After a stumble in the market that brought HONE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.50% of loss for the given period.
Volatility was left at 3.88%, however, over the last 30 days, the volatility rate increased by 6.68%, as shares sank -1.27% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.08% lower at present.
During the last 5 trading sessions, HONE fell by -2.83%, which changed the moving average for the period of 200-days by +27.34% in comparison to the 20-day moving average, which settled at $11.72. In addition, HarborOne Bancorp Inc saw -1.18% 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 HONE starting from Tryder David E., who sale 13,000 shares at the price of $12.48 back on Sep 10 ’24. After this action, Tryder David E. now owns 15,159 shares of HarborOne Bancorp Inc, valued at $162,296 using the latest closing price.
Tryder David E., the Officer of HarborOne Bancorp Inc, proposed sale 13,000 shares at $12.48 during a trade that took place back on Sep 10 ’24, which means that Tryder David E. is holding shares at $162,296 based on the most recent closing price.
Stock Fundamentals for HONE
Current profitability levels for the company are sitting at:
- 0.33 for the present operating margin
- 1.0 for the gross margin
The net margin for HarborOne Bancorp Inc stands at 0.04. The total capital return value is set at 0.02. Equity return is now at value 4.73, with 0.48 for asset returns.
Based on HarborOne Bancorp Inc (HONE), the company’s capital structure generated 0.48 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 0.92. The interest coverage ratio of the stock is 0.74.
Currently, EBITDA for the company is 20.63 million with net debt to EBITDA at 17.98. When we switch over and look at the enterprise to sales, we see a ratio of 3.13. The receivables turnover for the company is 13.68for 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 0.11.
Conclusion
In conclusion, HarborOne Bancorp Inc (HONE) has seen bad 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’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.
