Weekly Investment Analysts’ Ratings Updates for Home BancShares (HOMB)

A number of firms have modified their ratings and price targets on shares of Home BancShares (NASDAQ: HOMB) recently:

  • 1/11/2018 – Home BancShares was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 1/9/2018 – Home BancShares had its “hold” rating reaffirmed by analysts at Piper Jaffray Companies. They now have a $26.00 price target on the stock.
  • 1/5/2018 – Home BancShares was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 1/4/2018 – Home BancShares was given a new $26.00 price target on by analysts at Sandler O’Neill. They now have a “hold” rating on the stock.
  • 12/26/2017 – Home BancShares was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $26.00 price target on the stock. According to Zacks, “HOME BANCSHARES, INC. is a bank holding company, headquartered in Conway, Arkansas, with six wholly owned bank subsidiaries that provide a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities. Three of the bank subsidiaries are located in the central Arkansas market area, a fourth serves central and southern Arkansas, a fifth serves Stone County in north central Arkansas, and a sixth serves the Florida Keys and southwestern Florida. “
  • 12/22/2017 – Home BancShares had its “buy” rating reaffirmed by analysts at Keefe, Bruyette & Woods. They now have a $30.00 price target on the stock.
  • 12/20/2017 – Home BancShares was upgraded by analysts at BidaskClub from a “sell” rating to a “hold” rating.
  • 12/7/2017 – Home BancShares was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 12/5/2017 – Home BancShares was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “HOME BANCSHARES, INC. is a bank holding company, headquartered in Conway, Arkansas, with six wholly owned bank subsidiaries that provide a broad range of commercial and retail banking and related financial services to businesses, real estate developers and investors, individuals and municipalities. Three of the bank subsidiaries are located in the central Arkansas market area, a fourth serves central and southern Arkansas, a fifth serves Stone County in north central Arkansas, and a sixth serves the Florida Keys and southwestern Florida. “

Shares of Home BancShares, Inc. (HOMB) traded up $0.48 during trading on Friday, reaching $24.72. The company had a trading volume of 752,300 shares, compared to its average volume of 894,037. Home BancShares, Inc. has a 52-week low of $20.82 and a 52-week high of $29.69. The firm has a market capitalization of $4,370.00, a PE ratio of 22.07 and a beta of 1.18. The company has a quick ratio of 1.01, a current ratio of 1.01 and a debt-to-equity ratio of 0.64.

Home BancShares (NASDAQ:HOMB) last issued its earnings results on Thursday, October 19th. The financial services provider reported $0.32 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). Home BancShares had a net margin of 28.19% and a return on equity of 12.00%. The firm had revenue of $128.23 million during the quarter, compared to analyst estimates of $135.55 million. During the same quarter in the previous year, the business posted $0.33 EPS. analysts predict that Home BancShares, Inc. will post 1.36 EPS for the current fiscal year.

In other news, Director Jim Rankin bought 1,500 shares of Home BancShares stock in a transaction that occurred on Wednesday, November 8th. The shares were purchased at an average price of $21.29 per share, for a total transaction of $31,935.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 11.27% of the stock is currently owned by company insiders.

Home BancShares, Inc is a bank holding company. The Company is engaged in providing a range of commercial and retail banking, and related financial services to businesses, real estate developers and investors, individuals and municipalities through its community bank subsidiary, Centennial Bank (the Bank).

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