Bank OZK (OZK) Shares: Are They Risky Or Cheap?


Bank OZK (NASDAQ:OZK) finished Friday with a subtraction of -$0.27 to close at $40.06, a downside of -0.67 percent. An average of 599,140 shares of common stock have been traded in the last five days. There was a gain of $0.46 in the past week, and it reached a new high 7 times over the past 12 months. The last 20 days have seen an average of 801,055 shares traded, while the 50-day average volume stands at 836,108.

OZK stock has decreased by -13.20% in the last month. The company shares reached their 1-month lowest point of $38.00 on 12/16/22. With the stock rallying to its 52-week high on 01/10/22, shares of the company touched a low of $34.79 and a high of $51.39 in 52 weeks. It has reached a new high 6 times so far this year and lost -13.91% or -$6.47 in price. In spite of this, the price is down -22.05% from the 52-week high.

Will You Miss Out On This Growth Stock Boom?

A new megatrend in the fintech market is well underway. Mobile payments are projected to boom into a massive $12 trillion market by 2028. According to Motley Fool this growth stock could "deliver huge returns." Not only in the immediate future but also over the next decade. Especially since the man behind this company is a serial entrepreneur who has been wildly successful over the years.

And this is just one of our 5 Best Growth Stocks To Own For 2023.


Valuation Metrics

Bank OZK (OZK) has a trailing price-to-earnings (P/E) ratio of 9.17. The stock’s beta is 1.37. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.41, the price-to-book (PB) ratio at 1.13, and the price-to-cash flow ratio at 8.83.

The company has a payout ratio of 27.80%. The company’s most recent quarterly dividend payment was $0.33 a share, representing a up of 3.13% from $0.32 last year. Its latest increase dividend $0.01 reported on Monday October 3 2022.

Financial Health

Further, the company has a long term debt to equity ratio of 0.22 and a total debt to equity ratio of 0.22 for the quarter ending September 29. Its gross profit as reported stood at $989.72 million compared to revenue of $1.07 billion.

Earnings Surprise

The analyst consensus anticipated Bank OZK’s latest quarter earnings to come in at $1.17 per share, but it turned out to be $1.08, a -7.70% surprise. At the end of the quarter ending September 29, Bank OZK’s stock balance sheet showed total debt was $924.66 million. Shareholders own equity worth $117.56 million.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Bank OZK (OZK) price momentum. RSI 9-day as of the close on 30 December was 42.10%, suggesting the stock is Neutral, with historical volatility in this time frame at 20.66%.

As of today, OZK’s price is $40.03 +1.16% or $0.46 from its 5-day moving average. OZK is currently trading -12.34% lower than its 20-day SMA and -1.86% lower than its 100-day SMA. However, the stock’s current price level is -7.67% below the SMA50 and -11.35% below the SMA200.

The stochastic %K and %D were 39.71% and 39.50%, respectively, and the average true range (ATR) was 1.05. With the 14-day stochastic at 42.61% and the average true range at 1.12, the RSI (14) stands at 40.24%. The stock has reached 0.17 on the 9-day MACD Oscillator while the 14-day reading was at -0.11.

Analyst Ratings

Morgan Stanley launched coverage on Bank OZK (NASDAQ: OZK) in its analyst report released on December 05, 2022. The firm assigned the stock an Equal-weight rating. The consensus rating for Bank OZK (OZK) among analysts is Hold. According to current brokerage recommendations, 0 brokerage firms advise that investors sell OZK, while 7 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 0 analysts, while 2 others rate it as a “buy”.

What is OZK’s price target for the next 12 months?

Analysts predict a range of price targets between $42.00 and $61.00, with a median target of $47.00. Taking a look at these predictions, the average price target given by analysts for Bank OZK (OZK) stock is $48.38.


Please enter your comment!
Please enter your name here