For its fourth fiscal quarter (ending December 31), Home Bancshares Inc (NYSE: HOMB) has reported a -25% decline in E.P.S. from $0.57 a year ago to $0.43 in the current quarter. This performance was $-0.03 short of the consensus estimate of $0.46. E.P.S. were $1.94 for the latest four quarters through December 31 versus $1.57 for the same period a year ago — an increase of 24%.
Recent Price Action
On 1/18/24, Home Bancshares Inc (NYSE: HOMB) stock enjoyed a large increase of 2.6%, closing at $23.69. NORMAL trading volume accompanied the advance. The stock has declined -2.3% during the last week but has been strong relative to the market over the last nine months.
Current PriceTarget Research Rating
HOMB is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Home Bancshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Home Bancshares has a slightly positive Power Rating of 70 and a good Appreciation Score of 74, producing the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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