Home Bancshares, Inc. HOMB was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 30.9% in the past one-month time frame.
The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Home Bancshares currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Home BancShares, Inc. Price
Investors interested in the Banks - Southeast industry may consider Southern First Bancshares, Inc. SFST, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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Southern First Bancshares, Inc. (SFST): Free Stock Analysis Report
Home BancShares, Inc. (HOMB): Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.