Bank Of The Ozarks (OZRK) Flagged As Strong On High Volume

Trade-Ideas LLC identified Bank of the Ozarks (OZRK) as a strong on high relative volume candidate
By TheStreet Wire ,

Trade-Ideas LLC identified

Bank of the Ozarks

(

OZRK

) as a strong on high relative volume candidate. In addition to specific proprietary factors, Trade-Ideas identified Bank of the Ozarks as such a stock due to the following factors:

  • OZRK has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $72.1 million.
  • OZRK has traded 593,022 shares today.
  • OZRK is trading at 7.16 times the normal volume for the stock at this time of day.
  • OZRK is trading at a new high 5.00% above yesterday's close.

'Strong on High Relative Volume' stocks are worth watching because major volume moves tend to indicate underlying activity such as M&A events, material stock news, analyst upgrades, insider buying, buying from 'superinvestors,' or that hedge funds and momentum traders are piling into a stock ahead of a catalyst. Regardless of the impetus behind the price and volume action, when a stock moves with strength and volume it can indicate the start of a new trend on which early investors can capitalize. In the event of a well-timed trading opportunity, combining technical indicators with fundamental trends and a disciplined trading methodology should help you take the first steps towards investment success.

EXCLUSIVE OFFER: Get the inside scoop on opportunities in OZRK with the Ticky from Trade-Ideas. See the FREE profile for OZRK NOW at Trade-Ideas

More details on OZRK:

Bank of the Ozarks, Inc. operates as a bank holding company for Bank of the Ozarks that provides various banking products and services. The stock currently has a dividend yield of 1.8%. OZRK has a PE ratio of 16. Currently there are 4 analysts that rate Bank of the Ozarks a buy, no analysts rate it a sell, and 2 rate it a hold.

The average volume for Bank of the Ozarks has been 1.7 million shares per day over the past 30 days. Bank of the Ozarks has a market cap of $3.2 billion and is part of the financial sector and banking industry. The stock has a beta of 1.40 and a short float of 23.8% with 10.60 days to cover. Shares are down 25.6% year-to-date as of the close of trading on Friday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreetRatings.com

Analysis:

TheStreet Quant Ratings

rates Bank of the Ozarks as a

buy

. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, impressive record of earnings per share growth and compelling growth in net income. We feel its strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from the ratings report include:

  • The revenue growth came in higher than the industry average of 0.0%. Since the same quarter one year prior, revenues rose by 19.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. Compared to other companies in the Commercial Banks industry and the overall market, BANK OF THE OZARKS INC's return on equity exceeds that of both the industry average and the S&P 500.
  • BANK OF THE OZARKS INC has improved earnings per share by 21.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. We feel that this trend should continue. During the past fiscal year, BANK OF THE OZARKS INC increased its bottom line by earning $2.07 versus $1.51 in the prior year. This year, the market expects an improvement in earnings ($2.44 versus $2.07).
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Commercial Banks industry. The net income increased by 29.6% when compared to the same quarter one year prior, rising from $39.89 million to $51.69 million.
  • The gross profit margin for BANK OF THE OZARKS INC is currently very high, coming in at 92.06%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 36.50% significantly outperformed against the industry average.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Loading ...