Somewhat Negative News Coverage Somewhat Unlikely to Impact Home Bancorp (HBCP) Stock Price
Media coverage about Home Bancorp (NASDAQ:HBCP) has been trending somewhat negative on Monday, Accern Sentiment reports. Accern identifies negative and positive press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Home Bancorp earned a news impact score of -0.05 on Accern’s scale. Accern also gave news articles about the bank an impact score of 47.3993329588923 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
Shares of Home Bancorp (NASDAQ:HBCP) traded up $0.08 during trading hours on Monday, hitting $39.75. The company had a trading volume of 9,700 shares, compared to its average volume of 18,617. The company has a market cap of $295.97, a P/E ratio of 15.84 and a beta of 0.14. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 0.34. Home Bancorp has a 52 week low of $29.86 and a 52 week high of $47.20.
Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.63 by ($0.04). Home Bancorp had a return on equity of 9.72% and a net margin of 22.54%. The business had revenue of $18.25 million during the quarter, compared to the consensus estimate of $18.54 million. research analysts predict that Home Bancorp will post 2.56 EPS for the current year.
The firm also recently declared a quarterly dividend, which will be paid on Friday, November 17th. Shareholders of record on Monday, November 6th will be paid a $0.14 dividend. The ex-dividend date of this dividend is Friday, November 3rd. This represents a $0.56 annualized dividend and a yield of 1.41%. Home Bancorp’s payout ratio is 22.67%.
A number of equities analysts have weighed in on the company. BidaskClub lowered Home Bancorp from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 5th. Zacks Investment Research raised Home Bancorp from a “hold” rating to a “strong-buy” rating and set a $48.00 target price for the company in a research report on Wednesday, September 27th. Raymond James Financial, Inc. lowered Home Bancorp from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 26th. Sandler O’Neill reaffirmed a “hold” rating and set a $46.00 price target on shares of Home Bancorp in a research report on Wednesday, October 18th. Finally, UBS AG lowered shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research report on Wednesday, July 26th. One research analyst has rated the stock with a sell rating and four have given a hold rating to the company. Home Bancorp has a consensus rating of “Hold” and a consensus price target of $47.00.
In other news, CEO John W. Bordelon sold 15,578 shares of the stock in a transaction that occurred on Friday, October 27th. The stock was sold at an average price of $43.59, for a total transaction of $679,045.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 15.50% of the company’s stock.
About Home Bancorp
Home Bancorp, Inc is a bank holding company for Home Bank, N.A. (the Bank). The Bank conducts business through banking offices in the Greater Lafayette, Baton Rouge, Greater New Orleans and Northshore (of Lake Pontchartrain) regions of south Louisiana and the Natchez and Vicksburg regions of west Mississippi.
Receive News & Ratings for Home Bancorp Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Home Bancorp Inc. and related companies with MarketBeat.com's FREE daily email newsletter.