Bank OZK (NASDAQ: OZK) on Tuesday, plunged -1.71% from the previous trading day, before settling in for the closing price of $42.11. Within the past 52 weeks, OZK’s price has moved between $34.76 and $52.36.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Financial sector was 15.58%. The company achieved an average annual earnings per share of 2.35%. With a float of $107.79 million, this company’s outstanding shares have now reached $113.15 million.
Considering the fact that the conglomerate employs 2744 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 100.0%, operating margin of 18.78%, and the pretax margin is 37.53%.
Bank OZK (OZK) Breakdown of a Key Holders of the stock
Observing investor behavior towards Banks – Regional industry stocks is more important than anything else. The insider ownership of Bank OZK is 4.98%, while institutional ownership is 90.31%.
Bank OZK (OZK) Recent Fiscal highlights
As on 6/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.49 earnings per share (EPS) for the period topping the consensus outlook (set at 1.42) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.44 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 2.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 12.64% growth over the previous five years of trading.
Bank OZK (NASDAQ: OZK) Trading Performance Indicators
Bank OZK (OZK) is currently performing well based on its current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.81. Likewise, its price to free cash flow for the trailing twelve months is 5.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 6.02, a number that is poised to hit 1.53 in the next quarter and is forecasted to reach 6.06 in one year’s time.
Technical Analysis of Bank OZK (OZK)
Compared to the last year’s volume of 1.26 million, its volume of 0.84 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 48.00%. Additionally, its Average True Range was 1.20.
During the past 100 days, Bank OZK’s (OZK) raw stochastic average was set at 34.20%, which indicates a significant increase from 21.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 31.10% in the past 14 days, which was lower than the 40.26% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $41.99, while its 200-day Moving Average is $43.75. Nevertheless, the first resistance level for the watch stands at $42.00 in the near term. At $42.60, the stock is likely to face the second major resistance level. The third major resistance level sits at $42.92. If the price goes on to break the first support level at $41.08, it is likely to go to the next support level at $40.76. Now, if the price goes above the second support level, the third support stands at $40.16.
Bank OZK (NASDAQ: OZK) Key Stats
Market capitalization of the company is 4.69 billion based on 113,435K outstanding shares. Right now, sales total 2,251 M and income totals 690,780 K. The company made 696,620 K in profit during its latest quarter, and 177,540 K in sales during its previous quarter.
