Home Bancshares Inc (HOMB) average volume reaches $1.08M: Is Wall Street expecting a rally?

Home Bancshares Inc (NYSE: HOMB) kicked off on Tuesday, down -1.08% from the previous trading day, before settling in for the closing price of $26.80. Over the past 52 weeks, HOMB has traded in a range of $19.61-$28.99.

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Financial Sector giant saw their annual sales surged by 12.62% over the last five years. While this was happening, its average annual earnings per share was recorded 5.05%. With a float of $184.68 million, this company’s outstanding shares have now reached $201.53 million.

The firm has a total of 2819 workers. Let’s measure their productivity. In terms of profitability, gross margin is 90.72%, operating margin of -12.08%, and the pretax margin is 38.59%.

Home Bancshares Inc (HOMB) Insider Activity

Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of Home Bancshares Inc is 7.51%, while institutional ownership is 69.38%. The most recent insider transaction that took place on Jul 19 ’24, was worth 413,864. In this transaction Chief Financial Officer of this company sold 15,391 shares at a rate of $26.89, taking the stock ownership to the 89,192 shares. Before that another transaction happened on Jul 19 ’24, when Company’s President and CLO sold 25,263 for $27.00, making the entire transaction worth $682,101. This insider now owns 114,912 shares in total.

Home Bancshares Inc (HOMB) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 5.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.00% during the next five years compared to 2.35% growth over the previous five years of trading.

Home Bancshares Inc (NYSE: HOMB) Trading Performance Indicators

Take a look at Home Bancshares Inc’s (HOMB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.77. Likewise, its price to free cash flow for the trailing twelve months is 12.10.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 1.92, a number that is poised to hit 0.53 in the next quarter and is forecasted to reach 2.14 in one year’s time.

Technical Analysis of Home Bancshares Inc (HOMB)

Analysing the last 5-days average volume posted by the [Home Bancshares Inc, HOMB], we can find that recorded value of 0.82 million was lower than the volume posted last year of 1.01 million. As of the previous 9 days, the stock’s Stochastic %D was 85.01%. Additionally, its Average True Range was 0.65.

During the past 100 days, Home Bancshares Inc’s (HOMB) raw stochastic average was set at 62.48%, which indicates a significant increase from 44.51% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 27.39% in the past 14 days, which was higher than the 25.25% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $25.32, while its 200-day Moving Average is $24.07. Now, the first resistance to watch is $26.69. This is followed by the second major resistance level at $26.87. The third major resistance level sits at $27.01. If the price goes on to break the first support level at $26.37, it is likely to go to the next support level at $26.23. Should the price break the second support level, the third support level stands at $26.05.

Home Bancshares Inc (NYSE: HOMB) Key Stats

The company with the Market Capitalisation of 5.29 billion has total of 200,321K Shares Outstanding. Its annual sales at the moment are 1,345 M in contrast with the sum of 392,930 K annual income. Company’s last quarter sales were recorded 370,080 K and last quarter income was 101,530 K.