Headlines about Home BancShares (NASDAQ:HOMB) have trended somewhat positive recently, according to Accern Sentiment Analysis. Accern scores the sentiment of news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Home BancShares earned a news impact score of 0.13 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.2014544613605 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
Shares of Home BancShares (HOMB) traded up $0.30 during midday trading on Tuesday, reaching $22.21. The company’s stock had a trading volume of 745,800 shares, compared to its average volume of 869,640. Home BancShares has a fifty-two week low of $20.82 and a fifty-two week high of $29.69. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 0.64. The company has a market cap of $3,830.00, a P/E ratio of 16.23 and a beta of 1.18.
Home BancShares (NASDAQ:HOMB) last issued its earnings results on Thursday, October 19th. The financial services provider reported $0.32 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.02). The company had revenue of $128.23 million during the quarter, compared to the consensus estimate of $135.55 million. Home BancShares had a return on equity of 12.00% and a net margin of 28.19%. During the same quarter in the prior year, the business earned $0.33 EPS. equities research analysts predict that Home BancShares will post 1.36 EPS for the current fiscal year.
Several equities research analysts have recently issued reports on HOMB shares. Zacks Investment Research raised Home BancShares from a “hold” rating to a “buy” rating and set a $28.00 target price for the company in a research report on Tuesday, July 25th. ValuEngine downgraded Home BancShares from a “buy” rating to a “hold” rating in a research note on Tuesday, August 22nd. Piper Jaffray Companies set a $25.00 price target on Home BancShares and gave the stock a “hold” rating in a research note on Tuesday, October 24th. Royal Bank Of Canada reiterated a “hold” rating and set a $28.00 price target on shares of Home BancShares in a research note on Friday, October 20th. Finally, Sandler O’Neill downgraded Home BancShares from a “buy” rating to a “hold” rating and set a $27.00 price target for the company. in a research note on Friday, October 20th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and a consensus price target of $27.79.
In other Home BancShares news, Director Jim Rankin purchased 1,337 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was purchased at an average price of $21.45 per share, for a total transaction of $28,678.65. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Company insiders own 11.27% of the company’s stock.
Home BancShares Company Profile
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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