Home Bancshares Inc (NYSE: HOMB) is -10.95% lower on its value in year-to-date trading and has touched a low of $22.38 and a high of $32.90 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 $26.69 in the last trading session, with the day’s loss setting it -1.49%.
Currently trading at $25.20, the stock is -8.44% and -12.54% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.27 million and changing -5.58% at the moment leaves the stock -10.15% off its SMA200. HOMB registered 4.00% gain for a year compared to 6-month gain of -3.08%. The firm has a 50-day simple moving average (SMA 50) of $28.8118 and a 200-day simple moving average (SMA200) of $28.0468.
The stock witnessed a -9.65% loss in the last 1 month and extending the period to 3 months gives it a -9.97%, and is -2.44% 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 7.78% over the week and 3.50% over the month.
Home Bancshares Inc (HOMB) has around 2552 employees, a market worth around $5.00B and $1.46B in sales. Current P/E ratio is 12.53 and Fwd P/E is 11.24. Profit margin for the company is 27.49%. Distance from 52-week low is 12.60% and -23.42% from its 52-week high. The company has generated returns on investments over the last 12 months (8.14%).
with sales reaching $255.22M over the same period.The EPS is expected to grow by 8.09% this year, but quarterly earnings will post 1.71% year-over-year. Quarterly sales are estimated to grow 3.21% in year-over-year returns.
424.0 institutions hold shares in Home Bancshares Inc (HOMB), with institutional investors hold 76.49% of the company’s shares. The shares outstanding are 198.88M, and float is at 183.87M with Short Float at 3.07%. Institutions hold 71.83% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 23.47 million shares valued at $562.3 million. The investor’s holdings represent 11.7155 of the HOMB Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 20.12 million shares valued at $482.08 million to account for 9.9996 of the shares outstanding. The other top investors are STATE STREET CORP which holds 8.7 million shares representing 4.3426 and valued at over $208.43 million, while T. ROWE PRICE INVESTMENT MANAGEMENT, INC. holds 4.1352 of the shares totaling 8.28 million with a market value of $198.48 million.
Home Bancshares Inc (HOMB) Insider Activity
The most recent transaction is an insider purchase by ALLISON JOHN W, the company’s Chairman & CEO. SEC filings show that ALLISON JOHN W bought 10,000 shares of the company’s common stock on Jan 21 ’25 at a price of $30.76 per share for a total of $0.31 million. Following the purchase, the insider now owns 5.69 million shares.
Still, SEC filings show that on Nov 25 ’24, LIEBLONG ALEX R (Director) disposed off 55,000 shares at an average price of $32.75 for $1.8 million. The insider now directly holds 0 shares of Home Bancshares Inc (HOMB).
