News stories about Home BancShares (NASDAQ:HOMB) have trended somewhat positive this week, according to Accern. Accern scores the sentiment of press coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Home BancShares earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 45.0908990352756 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the news articles that may have effected Accern Sentiment Analysis’s scoring:
- Parent company of local bank ranked No. 1 on Forbes list – Tallahassee.com (tallahassee.com)
- Home BancShares, Inc. Invests in Employees – GlobeNewswire (press release) (globenewswire.com)
- Home BancShares, Inc. Tops Forbes List of Best 100 Banks in America (finance.yahoo.com)
- America’s Best Banks 2018 (finance.yahoo.com)
Shares of Home BancShares (HOMB) traded up $0.29 during trading hours on Friday, hitting $25.01. The stock had a trading volume of 864,885 shares, compared to its average volume of 1,350,000. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.01 and a quick ratio of 1.01. The firm has a market capitalization of $4,340.00, a price-to-earnings ratio of 22.33 and a beta of 1.18. Home BancShares has a 12-month low of $20.82 and a 12-month high of $29.69.
Home BancShares (NASDAQ:HOMB) last issued its quarterly earnings results on Thursday, October 19th. The financial services provider reported $0.32 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.34 by ($0.02). The firm had revenue of $128.23 million during the quarter, compared to analyst estimates of $135.55 million. Home BancShares had a return on equity of 12.00% and a net margin of 28.19%. During the same period in the prior year, the firm earned $0.33 earnings per share. analysts forecast that Home BancShares will post 1.36 earnings per share for the current year.
HOMB has been the subject of a number of recent analyst reports. Sandler O’Neill set a $26.00 price objective on Home BancShares and gave the company a “hold” rating in a research report on Thursday, January 4th. Zacks Investment Research upgraded Home BancShares from a “hold” rating to a “buy” rating and set a $26.00 price objective for the company in a research report on Tuesday, December 26th. BidaskClub upgraded Home BancShares from a “sell” rating to a “hold” rating in a research report on Wednesday, December 20th. Royal Bank of Canada restated a “hold” rating and issued a $28.00 price objective on shares of Home BancShares in a research report on Friday, October 20th. Finally, Keefe, Bruyette & Woods restated a “buy” rating and issued a $30.00 price objective on shares of Home BancShares in a research report on Friday, December 22nd. Six research analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus price target of $27.50.
In other news, Director Jim Rankin purchased 1,337 shares of the stock in a transaction dated Friday, November 10th. The shares were purchased at an average cost of $21.45 per share, with a total value of $28,678.65. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 11.27% of the company’s stock.
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About Home BancShares
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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