Home Bancshares Inc (NYSE: HOMB) is 8.17% higher on its value in year-to-date trading and has touched a low of $19.61 and a high of $28.99 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HOMB stock was last observed hovering at around $28.33 in the last trading session, with the day’s loss setting it -0.93%.
Currently trading at $27.40, the stock is 3.99% and 11.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing -3.28% at the moment leaves the stock 15.70% off its SMA200. HOMB registered 12.80% gain for a year compared to 6-month gain of 16.89%.
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 13.88% loss in the last 1 month and extending the period to 3 months gives it a 13.98%, and is -3.28% down 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 2.83% over the week and 2.72% over the month.
Home Bancshares Inc (HOMB) has around 2819 employees, a market worth around $5.49B and $1.40B in sales. Current P/E ratio is 14.29 and Fwd P/E is 12.79. Profit margin for the company is 27.54%. Distance from 52-week low is 39.69% and -5.48% from its 52-week high. The company has generated returns on investments over the last 12 months (6.90%).
The EPS is expected to grow by 5.05% this year
The shares outstanding are 201.53M, and float is at 185.46M with Short Float at 2.39%.
Home Bancshares Inc (HOMB) Insider Activity
The most recent transaction is an insider sale by Hester Kevin, the company’s President and CLO. SEC filings show that Hester Kevin sold 25,263 shares of the company’s common stock on Jul 19 ’24 at a price of $27.00 per share for a total of $0.68 million. Following the sale, the insider now owns 0.11 million shares.
Home Bancshares Inc disclosed in a document filed with the SEC on Jul 19 ’24 that Davis Brian (Chief Financial Officer) sold a total of 15,391 shares of the company’s common stock. The trade occurred on Jul 19 ’24 and was made at $26.89 per share for $0.41 million. Following the transaction, the insider now directly holds 89192.0 shares of the HOMB stock.
Still, SEC filings show that on May 16 ’24, French Tracy (Centennial Bank Chairman) disposed off 79,306 shares at an average price of $24.70 for $1.96 million. The insider now directly holds 200,949 shares of Home Bancshares Inc (HOMB).
