Barclays plc ADR (BCS) saw a significant intraday rise of 4.27% on Thursday, closing at $6.60 and marking a weekly high. The stock's activity increased with 12.39 million shares traded, compared to its average volume of 14.5 million shares over the past 10 days and 9.94 million shares over the last three months.
Despite this uptick, Barclays' year-to-date performance remains down by -15.38%. However, analysts have set a consensus price target of $10.25 for the stock, suggesting a potential increase of 35.61% from its current value. The range for the target price extends from a low of $6.58 to a high of $14.86.
Barclays' valuation currently stands at $24.85 billion, with a forward dividend ratio of 0.42 and a dividend yield of 6.32%. The company has underperformed against its industry by -11.65%, and its current-quarter earnings per share are estimated at $0.
The company's stock has experienced volatility, with a beta of 1.42 and an Average True Range (ATR) of 0.20. Despite being down -43.03% from its 52-week high of $9.44, the stock is up by 5.61% from its 52-week low of $6.23.
Barclays, part of the Banks – Diversified industry, reported a five-year annual sales growth of 5.90%. The financial giant is expected to hit an Earnings Per Share (EPS) of 1.59 next year after posting an EPS of 1.82% this year.
With a workforce of 87,400 employees, the company generated 418,673 per worker in the last fiscal year. Operating and pretax margins were recorded at +23.89 and +19.15, respectively. The net margin stood at +13.73, with a return on equity of 8.99%. Insider ownership is at 5.25%, with institutional ownership at 3.57%.
Looking at the stock's movement, its 50-day Moving Average stood at $7.40, while the 200-day Moving Average is $7.79. The stock's historic volatility was 42.75% over the past 14 days and 33.08% over the past 100 days.
Barclays' next earnings report is due in December, which will shed more light on the company's financial performance and future prospects.
InvestingPro Insights
InvestingPro's real-time data and tips offer valuable insights into Barclays' performance and potential. Barclays' market cap stands at 25.37B USD, with a P/E ratio of 3.92, suggesting that the stock is trading at a low earnings multiple. The company's revenue for the last twelve months as of Q3 2023 was 28980.31M USD, indicating solid financial performance.
InvestingPro Tips highlight that Barclays has raised its dividend for 3 consecutive years, a promising sign for investors seeking income. Additionally, the stock's RSI suggests it's in oversold territory, which could signal a buying opportunity. However, it's worth noting that 2 analysts have revised their earnings downwards for the upcoming period, indicating potential headwinds.
For those interested in more in-depth analysis and tips, InvestingPro offers a comprehensive suite of tools and insights, including additional InvestingPro Tips on a wide range of companies.
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