Alert: Positive Investment/Fundamental Signals (4/26/24)-Bank OZK (NASDAQ: OZK)

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Extremely important positive changes in Bank OZK (NASDAQ: OZK) fundamentals have recently occurred: the consensus estimate for December, 2024 increased significantly, significant quarterly sales acceleration occurred, the consensus estimate for December, 2025 increased significantly, and significant quarterly earnings acceleration occurred.

Bank OZK (NASDAQ: OZK). Significant positive changes in investment behavior have recently occurred: the stock’s recent price rise disrupted its longer term downtrend.

In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.

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Current PriceTarget Research Rating

OZK is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.

Bank OZK has a current Value Trend Rating of A (Highest Rating). This rating combines consistent signals from two proprietary PTR measures of a stock’s attractiveness. Bank OZK has a good Power Rating of 73 and a very high Appreciation Score of 91, triggering the Highest Value Trend Rating.

Recent Price Action

Bank OZK (NASDAQ: OZK) stock closed at $46.02 on 4/26/24 after a slight gain of 0.04%. However, trading volume in this advance was below average at 76% of normal. The stock has risen 5.1% during the last week and has been strong relative to the market over the last nine months.

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