Home Sectors Financial Services Latest Trend: Home BancShares (NASDAQ: HOMB)

Latest Trend: Home BancShares (NASDAQ: HOMB)

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Home BancShares is part of the banking industry and financial services sector. The company CEO is C. Randall Sims. Home BancShares Inc is active in the financial services sector in the United States. The bank provides a broad range of commercial and retail banking, as well as related financial services. The bank’s main source of net revenue is net interest income.

Previous Intraday Trading Performance:

The HOMB stock showed a previous change of 4.15% with an open at 18.11 and a close of 18.57. It reached an intraday high of 18.61 and a low of 17.94.

SeekingAlpha:  Dividend Challenger Highlights: Week Of June 2

Liquidity:

The stock has a market cap of $3.1b with 168.0m shares outstanding, of which the float is 165.9m shares. Trading volume reached 770,056 shares compared to its average volume of 580,349 shares. Based on the current average volume and close price, the trading liquidity is bad, highly speculative and an investor may want to avoid this stock.

Historical Trading Performance:

Over the last five trading days, Home BancShares shares returned 2.15% and in the past 30 trading days it returned -2.07%. Over three months, it changed -4.52%. In one year it has changed -18.92% and within that year its 52-week high was 24.56 and its 52-week low was 15.35. HOMB stock is 20.98% above its 52 Week Low.

Our calculations show a 200 day moving average of 19.24 and a 50 day moving average of 18.37. Currently HOMB stock is trading -3.49% below its 200 day moving average and may be a good opportunity to buy, but should check other indicators to confirm a buy signal.

SeekingAlpha:  Dividend Challenger Highlights: Week Of June 2

Earnings:

The last annual fiscal EPS for the company was reported at 1.73 that ended on 31st of December 2018, which according to the previous close, that is a PE of 10.73. Based on 3 analyst estimates, the consensus EPS for the next quarter is 0.42. The TTM EPS is 1.76, which comes to a TTM PE of 10.55. Historically, the PE high was 33.50 and the PE low was 10.55. HOMB stock has set a new PE low record!

Below was the last reported quarterly diluted earnings per share:

1stQtr of 2019 (Reported on 04/18/2019): 0.42
4thQtr of 2018 (Reported on 01/17/2019): 0.41
3rdQtr of 2018 (Reported on 10/18/2018): 0.46
2ndQtr of 2018 (Reported on 07/19/2018): 0.44
1stQtr of 2018 (Reported on 04/19/2018): 0.42

The dividend per share is currently 0.52, which is a dividend yield of 2.92%. Also, the payout ratio is 29.55%, therefore the dividend is safe according to our calculations.

Base on our calculations, the intrinsic value per share is 26.80, which means it is possibly undervalued and has a margin of safety of 30.70%.

Indicators to Watch:

The current calculated beta is 1.16.

Fundamental Indicators:

Based on last reported financials, the company’s return on equity is 13.58%, return on assets is 2.12%, profit margin is 37.46%, price-to-sales is 3.73 and price-to-book is 1.27.

Company Scores:

All scores are out of six:
 3  :Valuation Score
 4  :Past Performance Score
 6  :Financial Strength Score
 0  :Future Growth Score
 5  :Dividend Score
 3  :Overall Score

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Worked for several Wall Street firms: Salomon Smith Barney, UBS, and Charles Schwab. Has developed skills and gained extensive experience over the years that is used today to uncover winning penny stocks.Also was an attorney for small businesses in Scottsdale, Arizona. That experience and understanding of law provides a unique perspective and edge in discovering quality companies in various industries.