Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $10.13 in the prior trading day, HomeStreet Inc (NASDAQ: HMST) closed at $9.96, down -1.68%. In other words, the price has decreased by -$1.68 from its previous closing price. On the day, 93621.0 shares were traded. HMST stock price reached its highest trading level at $10.185 during the session, while it also had its lowest trading level at $9.66.
Ratios:
Our goal is to gain a better understanding of HMST by taking a closer look at its different ratios. In the meantime, Its Debt-to-Equity ratio is 3.94 whereas as Long-Term Debt/Eq ratio is at 3.83.
On June 20, 2024, Janney Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $13.50.
Wedbush Downgraded its Outperform to Neutral on April 26, 2023, whereas the target price for the stock was revised from $21 to $12.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 17 ’24 when Hand Erik D bought 5,000 shares for $11.15 per share.
Tompkins Sidney Craig bought 5,000 shares of HMST for $57,462 on Dec 17 ’24. The Director now owns 5,000 shares after completing the transaction at $11.49 per share. On Dec 18 ’24, another insider, Parr David L, who serves as the EVP, DIR. OF COMM’L BANKING of the company, sold 5,210 shares for $11.53 each. As a result, the insider received 60,097 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HMST now has a Market Capitalization of 187821696 and an Enterprise Value of 2071568384. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 0.35. Its current Enterprise Value per Revenue stands at 12.207.
Stock Price History:
The Beta on a monthly basis for HMST is 1.48, which has changed by -0.078630924 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, HMST has reached a high of $16.10, while it has fallen to a 52-week low of $8.09. The 50-Day Moving Average of the stock is -11.06%, while the 200-Day Moving Average is calculated to be -20.59%.
Shares Statistics:
The stock has traded on average 187.90K shares per day over the past 3-months and 197070 shares per day over the last 10 days, according to various share statistics. A total of 18.86M shares are outstanding, with a floating share count of 17.81M. Insiders hold about 5.57% of the company’s shares, while institutions hold 80.35% stake in the company. Shares short for HMST as of 1734048000 were 628739 with a Short Ratio of 3.35, compared to 1731628800 on 419786. Therefore, it implies a Short% of Shares Outstanding of 628739 and a Short% of Float of 3.47.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.009871668
Earnings Estimates
The market rating of HomeStreet Inc (HMST) is currently shaped by the ongoing analysis conducted by 4.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is -$0.05, with high estimates of $0.02 and low estimates of -$0.22.
Analysts are recommending an EPS of between -$1.01 and -$1.13 for the fiscal current year, implying an average EPS of -$1.08. EPS for the following year is $0.24, with 4.0 analysts recommending between $0.5 and -$0.18.
Revenue Estimates
3 analysts predict $41.21M in revenue for the current quarter. It ranges from a high estimate of $41.42M to a low estimate of $40.9M. As of the current estimate, HomeStreet Inc’s year-ago sales were $45.95MFor the next quarter, 3 analysts are estimating revenue of $46.35M. There is a high estimate of $48.7M for the next quarter, whereas the lowest estimate is $44.06M.
A total of 3 analysts have provided revenue estimates for HMST’s current fiscal year. The highest revenue estimate was $168.3M, while the lowest revenue estimate was $165.5M, resulting in an average revenue estimate of $166.77M. In the same quarter a year ago, actual revenue was $208.67MBased on 3 analysts’ estimates, the company’s revenue will be $195.33M in the next fiscal year. The high estimate is $203.4M and the low estimate is $190.7M.
