Home Bancshares Inc (NYSE: HOMB) is -1.66% lower on its value in year-to-date trading and has touched a low of $19.61 and a high of $25.80 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HOMB stock was last observed hovering at around $24.30 in the last trading session, with the day’s gains setting it 0.61%.
Currently trading at $24.91, the stock is 6.33% and 4.82% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing 2.51% at the moment leaves the stock 7.28% off its SMA200. HOMB registered 7.23% gain for a year compared to 6-month loss of 2.76%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 9.30% gain in the last 1 month and extending the period to 3 months gives it a 8.49%, and is 5.02% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.00% over the week and 1.78% over the month.
Home Bancshares Inc (HOMB) has around 2819 employees, a market worth around $4.99B and $1.37B in sales. Current P/E ratio is 12.91 and Fwd P/E is 12.19. Profit margin for the company is 28.44%. Distance from 52-week low is 26.99% and -3.45% from its 52-week high. The company has generated returns on investments over the last 12 months (6.98%).
The EPS is expected to grow by 0.99% this year
The shares outstanding are 201.53M, and float is at 185.45M with Short Float at 2.46%.
Home Bancshares Inc (HOMB) Insider Activity
The most recent transaction is an insider sale by French Tracy, the company’s Centennial Bank Chairman. SEC filings show that French Tracy sold 79,306 shares of the company’s common stock on May 16 ’24 at a price of $24.70 per share for a total of $1.96 million. Following the sale, the insider now owns 0.2 million shares.
Home Bancshares Inc disclosed in a document filed with the SEC on Apr 26 ’24 that FLOYD JENNIFER C. (Chief Accounting Officer) sold a total of 2,333 shares of the company’s common stock. The trade occurred on Apr 26 ’24 and was made at $24.53 per share for $57228.0. Following the transaction, the insider now directly holds 1000.0 shares of the HOMB stock.
Still, SEC filings show that on Apr 25 ’24, Davis Brian (Chief Financial Officer) disposed off 20,544 shares at an average price of $24.52 for $0.5 million. The insider now directly holds 89,192 shares of Home Bancshares Inc (HOMB).
