Barclays (BCS) Set to Announce Quarterly Earnings on Tuesday

Barclays (NYSE:BCSGet Free Report) will be issuing its quarterly earnings data before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.36 per share for the quarter.

Barclays Price Performance

Barclays stock opened at $7.33 on Tuesday. The company has a debt-to-equity ratio of 6.39, a quick ratio of 1.36 and a current ratio of 1.36. The firm has a market capitalization of $27.75 billion, a price-to-earnings ratio of 4.28, a price-to-earnings-growth ratio of 2.19 and a beta of 1.45. Barclays has a fifty-two week low of $6.23 and a fifty-two week high of $9.29. The stock’s fifty day moving average is $7.59 and its two-hundred day moving average is $7.43.

Analyst Ratings Changes

Separately, Bank of America lowered Barclays from a “neutral” rating to an “underperform” rating in a research note on Thursday, October 26th. One research analyst has rated the stock with a sell rating, one has issued a hold rating and three have assigned a buy rating to the company’s stock. According to MarketBeat.com, Barclays currently has an average rating of “Hold” and a consensus price target of $190.00.

Read Our Latest Stock Analysis on Barclays

Institutional Trading of Barclays

Several hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. raised its stake in shares of Barclays by 1,934.9% in the 1st quarter. JPMorgan Chase & Co. now owns 168,265 shares of the financial services provider’s stock worth $1,330,000 after buying an additional 159,996 shares in the last quarter. Bank of New York Mellon Corp raised its position in shares of Barclays by 8.2% during the first quarter. Bank of New York Mellon Corp now owns 2,299,509 shares of the financial services provider’s stock worth $18,166,000 after purchasing an additional 175,029 shares during the period. Private Advisor Group LLC raised its position in shares of Barclays by 33.8% during the first quarter. Private Advisor Group LLC now owns 22,110 shares of the financial services provider’s stock worth $175,000 after purchasing an additional 5,580 shares during the period. Citigroup Inc. raised its position in Barclays by 1,026.8% during the first quarter. Citigroup Inc. now owns 265,893 shares of the financial services provider’s stock valued at $2,101,000 after buying an additional 242,296 shares during the period. Finally, Raymond James Trust N.A. increased its position in Barclays by 171.3% in the 1st quarter. Raymond James Trust N.A. now owns 29,371 shares of the financial services provider’s stock worth $232,000 after purchasing an additional 18,545 shares during the last quarter. Institutional investors own 3.39% of the company’s stock.

About Barclays

(Get Free Report)

Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through two segments, Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services.

Featured Stories

Earnings History for Barclays (NYSE:BCS)

Receive News & Ratings for Barclays Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barclays and related companies with MarketBeat.com's FREE daily email newsletter.