Equities research analysts forecast that Home Bancorp, Inc. (NASDAQ:HBCP) will announce earnings per share of $0.77 for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Home Bancorp’s earnings. The highest EPS estimate is $0.78 and the lowest is $0.76. Home Bancorp posted earnings of $0.93 per share during the same quarter last year, which indicates a negative year-over-year growth rate of 17.2%. The business is scheduled to announce its next earnings report on Tuesday, July 23rd.
On average, analysts expect that Home Bancorp will report full year earnings of $3.13 per share for the current financial year, with EPS estimates ranging from $3.10 to $3.15. For the next year, analysts expect that the business will post earnings of $3.00 per share. Zacks Investment Research’s EPS calculations are a mean average based on a survey of research analysts that follow Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings results on Tuesday, April 23rd. The bank reported $0.85 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.78 by $0.07. The company had revenue of $24.89 million for the quarter, compared to analysts’ expectations of $25.25 million. Home Bancorp had a net margin of 27.58% and a return on equity of 10.99%.
A number of brokerages have weighed in on HBCP. Zacks Investment Research upgraded shares of Home Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday. BidaskClub cut shares of Home Bancorp from a “hold” rating to a “sell” rating in a report on Sunday, June 16th. Finally, ValuEngine upgraded shares of Home Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, May 8th.
HBCP traded down $0.21 during midday trading on Wednesday, reaching $35.77. The company’s stock had a trading volume of 3,734 shares, compared to its average volume of 11,694. The company has a market capitalization of $340.76 million, a price-to-earnings ratio of 10.10 and a beta of 0.35. The company has a debt-to-equity ratio of 0.19, a current ratio of 0.97 and a quick ratio of 0.97. Home Bancorp has a 1 year low of $32.59 and a 1 year high of $48.24. The company’s 50-day simple moving average is $36.22.
In other news, insider John W. Bordelon sold 1,369 shares of the stock in a transaction that occurred on Friday, May 10th. The shares were sold at an average price of $36.26, for a total transaction of $49,639.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Chris P. Rader purchased 1,000 shares of the business’s stock in a transaction dated Friday, June 7th. The shares were purchased at an average price of $35.90 per share, for a total transaction of $35,900.00. The disclosure for this purchase can be found here. 12.40% of the stock is currently owned by corporate insiders.
Several large investors have recently bought and sold shares of HBCP. Context BH Capital Management LP grew its position in Home Bancorp by 7.3% during the 1st quarter. Context BH Capital Management LP now owns 56,472 shares of the bank’s stock worth $1,878,000 after purchasing an additional 3,834 shares during the last quarter. Royce & Associates LP purchased a new stake in Home Bancorp during the 1st quarter worth approximately $25,000. Acadian Asset Management LLC grew its position in Home Bancorp by 6.7% during the 1st quarter. Acadian Asset Management LLC now owns 21,404 shares of the bank’s stock worth $712,000 after purchasing an additional 1,353 shares during the last quarter. Victory Capital Management Inc. grew its position in Home Bancorp by 11.9% during the 1st quarter. Victory Capital Management Inc. now owns 37,574 shares of the bank’s stock worth $1,249,000 after purchasing an additional 4,000 shares during the last quarter. Finally, SG Americas Securities LLC purchased a new stake in Home Bancorp during the 1st quarter worth approximately $122,000. Hedge funds and other institutional investors own 36.73% of the company’s stock.
Home Bancorp Company Profile
Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.
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