Home Bancshares Inc (NYSE: HOMB) stock closed at $30.77 on 11/6/24 after a major increase of 12.4%. Moreover, exceptionally high trading volume at 315% of normal accompanied the advance. Relative to the market the stock has been strong over the last nine months and has risen 11.3% during the last week.
Current PriceTarget Research Rating
HOMB’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a Value Builder.
Home Bancshares has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Home Bancshares has a slightly positive Appreciation Score of 64 and a good Power Rating of 72, leading to the Positive Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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