Major Improvements In Barclays plc ADR (BCS) Stock Need To Be Considered

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Barclays plc ADR (NYSE:BCS) price on Thursday, November 14, fall -1.89% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $12.96.

A look at the stock’s price movement, the close in the last trading session was $13.21, moving within a range at $12.91 and $13.19. The beta value (5-Year monthly) was 1.303 while the PE ratio in trailing twelve months stood at 8.75. Turning to its 52-week performance, $13.57 and $6.83 were the 52-week high and 52-week low respectively. Overall, BCS moved 3.51% over the past month.

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Barclays plc ADR’s market cap currently stands at around $46.86 billion, with investors looking forward to this quarter’s earnings report slated for in December. The company has a Forward Dividend ratio of 0.42, with its dividend yield at 3.25%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.

Analysts have a consensus estimate of 6.02B for the company’s revenue for the quarter, with a low and high estimate of 5.91B and 6.13B respectively. The average forecast suggests up to a 7.58% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 27.41B, representing a 5.17% jump on that reported in the last financial year.

Turning to the stock’s technical picture we see that short term indicators suggest on average that BCS is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.

5 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 5 recommend BCS as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.

The technical evaluation for the stock shows the PEG ratio is 4.17, with BCS’s current price about 0.63% and 4.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 53.00, while 7-day volatility ratio is 1.65% and 1.93% in the 30-day chart. Further, Barclays plc ADR (BCS) has a beta value of 1.41, and an average true range (ATR) of 0.33.

If we refocus on Barclays plc ADR (NYSE:BCS), historical trading data shows that trading volumes averaged 9.93 over the past 10 days and 12.66 million over the past 3 months. The company’s latest data on shares outstanding shows there are 3.78 billion shares.

The 5.36% of Barclays plc ADR’s shares are in the hands of company insiders while institutional holders own 5.51% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 5.66 million on 2024-10-31, giving us a short ratio of 0.59. Current price change has pushed the stock 64.47% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the BCS stock continues to rise going into the next quarter.

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