Bank OZK (NASDAQ:OZK) previous close was $43.82 while the outstanding shares total 129.49M. The firm has a beta of 1.78, a 12-month trailing P/E ratio of 12.95, and a growth ratio of 1.08. OZK’s shares traded lower over the last trading session, losing -2.33% on 06/10/21. The shares fell to a low of $42.76 before closing at $42.80. Intraday shares traded counted 0.4 million, which was 45.1% higher than its 30-day average trading volume of 733.84K. The stock’s Relative Strength Index (RSI) is 50.19, with weekly volatility at 2.50% and ATR at 1.16. The OZK stock’s 52-week price range has touched low of $20.10 and a $45.83 high.
Investors have identified the Banks – Regional company Bank OZK as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $5.34 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Bank OZK (OZK) Fundamentals that are to be considered.
OZK were able to record 151.93 million as free cash flow during the 07/14/2021 quarter of the year, this saw their quarterly net cash flow reduce by -177.33 million. In cash movements, the company had a total of 158.32 million as operating cash flow.
Potential earnings growth for Bank OZK (OZK)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 07/14/2021 quarter of the year, Bank OZK recorded a total of 264.06 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -3.0% coming in sequential stages and their sales for the 07/14/2021 quarter reducing by -3.53%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 29.43 million trying to sell their products during the last quarter, with the result yielding a gross income of 234.64 million. This allows shareholders to hold on to 129.49M with the recently reported earning now reading 1.15 cents per share. This is a figure that compared to analyst’s prediction for their 07/14/2021 (1.11 cents a share).
Having a look at the company’s valuation, the company is expected to record 3.46 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on OZK sounds very interesting.
Is the stock of OZK attractive?
In the last 6 months, insiders have changed their ownership in shares of company stock by 1.10%.
3 out of 10 analysts covering the stock have rated it a Buy, while 6 have maintained a Hold recommendation on Bank OZK. 0 analysts has assigned a Sell rating on the OZK stock. The 12-month mean consensus price target for the company’s shares has been set at $46.40.