Bank OZK (NASDAQ: OZK) has recently enjoyed meaningful positive changes in fundamentals: the stock’s power rating rose above 70, significant quarterly sales acceleration occurred, and significant quarterly earnings acceleration occurred.
Recent meaningful positive changes in investment behavior have benefitted Bank OZK (NASDAQ: OZK): its shorter term price trend turned up.
In light of these very positive signals we are reviewing our current Overall Rating of A. We would continue to view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to exceed the cost of capital, OZK is expected to continue to be an important Value Builder.
Bank OZK has a current Value Trend Rating of A (Highest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Bank OZK has a good Power Rating of 71 and a good Appreciation Score of 81, and the Highest Value Trend Rating results.
Recent Price Action
On 11/16/23, Bank OZK (NASDAQ: OZK) stock declined by -1.4%, closing at $40.73. The stock has been strong relative to the market over the last nine months and has risen 7.1% during the last week.
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