For its first fiscal quarter (ending March 31), Home Bancshares Inc (NYSE: HOMB) has reported E.P.S. of $0.50 compared to $0.51 a year ago. For the latest four quarters through March 31, E.P.S. were $1.94 versus $1.69 for the same period a year ago.
Recent Price Action
Home Bancshares Inc (NYSE: HOMB) stock enjoyed a large increase of 3.5% on 4/18/24. The stock closed at $23.22. Moreover, this advance was accompanied by unusually high trading volume at 176% of normal. The stock has performed in line with the market over the last nine months and has risen 1.1% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, HOMB is expected to continue to be a Value Builder.
Home Bancshares has a current Value Trend Rating of B (Positive). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. Home Bancshares has a slightly positive Appreciation Score of 67 and a good Power Rating of 71, triggering 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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