Barclays PLC (NYSE:BCS) traded at $5.74 at last check on Monday, Oct 26, making a downturn move of -1.63% on its previous day’s price.
Looking at the stock we see that its previous close was $5.83 and the beta (5Y monthly) reads 1.49 with the day’s price range being $5.68 – 5.82. The company has a 12-month trailing PE ratio of 18.11. In terms of its 52-week price range, BCS has a high of $10.22 and a low of $3.41. The company’s stock has gained about 22.74% over that past 30 days.
On the other hand, looking at the outlook for the BCS stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 25% Sell. Long term indicators on average place the stock in the category of Hold.
Based on estimates by 22 analysts where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the Barclays PLC (BCS) stock as a Hold, while 12 rate it as a Buy. 3 analysts rate it as outperform while none of them rated it as underperform, whereas none suggests the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the BCS stock currently stands at 0, and the current price level is 8.45% off its SMA20 and 7.2% from its 50-day simple moving average. The RSI (14) is pointing at 62.89 while the volatility over the past week is 2.27% and drops to 2.18% over the past one month. The beta value is 1.49, while the average true range (ATR) is currently pointing at 0.17. The average price target for the stock over the next 12 months is $7.57, with the estimates having a low of $5.71 and a high of $12.02. These price ends are -0.52% and +109.41% off the current price level respectively, although investors could be excited at the prospect of a +22.65% if the BCS share price touches on the median price of $7.04.
Let’s briefly compare Barclays (BCS) stock to its peers. We find that today’s price change of -1.63% and -31.17% over the past 12 months for BCS competes that of Hdfc Bank Ltd (HDB), which has seen its stock price fall -1.24% in the latest trading session and is +0.72% over the last one year. Another of its peers Royal Bank of Canada (RY) has dropped -1.9% today, but is -9.46% down over the past year, while HSBC Holdings Plc (HSBC) is also down -1.63% yet its price remains in the red at -31.17% over the same period. Hdfc has a P/E ratio of 116.64 compared to Barclays 18.11 and Royal’s 12.37. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -2.04% and -2.53%, respectively, in early deals.
Coming back to Barclays PLC (NYSE:BCS), we note that the average 3-month trading volume was 2.83 Million, while that of the preceding 10-day period stands at 2.91 Million. Current shares outstanding are 4.34 Billion.
According to data from Thomson Reuters, insiders hold 0% of the company’s shares while institutions hold 2.25%. The data shows that short shares as of September 29, 2020, stood at 6.77 Million at a short ratio of 2.2. This represents a 0.16% Short interest in Shares outstanding on September 29, 2020. Shares short rose in September from the previous month at 6.35 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -38.76% down in year-to-date price movement.