Barclays plc ADR (NYSE:BCS) shares, rose in value, with the stock price up by 0.62% to the previous day’s close as strong demand from buyers drove the stock to $9.71.
Actively observing the price movement in the last trading, the stock closed the session at $9.65. The value of beta (5-year monthly) was 1.38. Referring to stock’s 52-week performance, its high was $9.70, and the low was $6.23. On the whole, BCS has fluctuated by 11.35% over the past month.
The company’s Forward Dividend Ratio is 0.40, with its dividend yield at 4.15%. As a result, investors might want to see an improvement in the stock’s price before the company announces its earnings report. Analysts are projecting the company’s earnings per share (EPS) to be $0.54, which is expected to increase to $0.36 for fiscal year $1.47 and then to about $1.74 by fiscal year 2025. Data indicates that the EPS growth is expected to be -8.70% in 2025, while the next year’s EPS growth is forecast to be 18.40%.
Wall Street analysts also predicted that in 2025, the company’s y-o-y revenues would reach $32.16 billion, representing an increase of 1.90% from the revenues reported in the last year’s results.
Revisions could be a useful indicator to get insight on short-term price movement; so for the company, there were no upward and no downward review(s) in last seven days. We see that BCS’s technical picture suggests that short-term indicators denote the stock is a 100% Buy on average. However, medium term indicators have put the stock in the category of 100% Buy while long term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of BCS currently trading nearly 5.45% and 15.45% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 72.13, while the 7-day volatility ratio is showing 2.07% which for the 30-day chart, stands at 1.64%. Furthermore, Barclays plc ADR (BCS)’s beta value is 1.48, and its average true range (ATR) is 0.19.
A comparison of Barclays plc ADR (BCS) with its peers suggests the former has fared considerably weaker in the market. BCS showed an intraday change of 0.62% in last session, and over the past year, it grew by 31.75%%.
Data on historical trading for Barclays plc ADR (NYSE:BCS) indicates that the trading volumes over the past 10 days have averaged 17.48 million and over the past 3 months, they’ve averaged 17.02 million. According to company’s latest data on outstanding shares, there are 3.79 billion shares outstanding.
Nearly 5.27% of Barclays plc ADR’s shares belong to company insiders and institutional investors own 4.21% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 36.5 million shares as on Mar 15, 2024, resulting in a short ratio of 2.02. According to the data, the short interest in Barclays plc ADR (BCS) stood at 0.88% of shares outstanding as of Mar 15, 2024; the number of short shares registered in Feb 15, 2024 reached 33.71 million. The stock has risen by 23.22% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the BCS stock heading into the next quarter.
