Somewhat Favorable News Coverage Somewhat Unlikely to Affect Home Bancorp (HBCP) Share Price
Media stories about Home Bancorp (NASDAQ:HBCP) have trended somewhat positive recently, according to Accern. The research group identifies negative and positive press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Home Bancorp earned a media sentiment score of 0.01 on Accern’s scale. Accern also assigned news headlines about the bank an impact score of 47.2913756623532 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
- Home Bancorp, Inc. (HBCP) CEO John W. Bordelon Sells 15,578 Shares (americanbankingnews.com)
- Home Bancorp, Inc. (HBCP) Expected to Announce Quarterly Sales of $18.39 Million (americanbankingnews.com)
- $0.62 Earnings Per Share Expected for Home Bancorp, Inc. (HBCP) This Quarter (americanbankingnews.com)
- Home Bancorp, Inc. (HBCP) Issues Earnings Results, Misses Expectations By $0.04 EPS (americanbankingnews.com)
- Home Bancorp Announces Third Quarter 2017 Results And Declares Quarterly Dividend (finance.yahoo.com)
HBCP has been the subject of several analyst reports. Zacks Investment Research raised shares of Home Bancorp from a “hold” rating to a “strong-buy” rating and set a $48.00 price target for the company in a research note on Wednesday, September 27th. Sandler O’Neill reissued a “hold” rating and issued a $46.00 price target on shares of Home Bancorp in a research note on Wednesday, October 18th. Raymond James Financial, Inc. cut shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 26th. BidaskClub cut shares of Home Bancorp from a “buy” rating to a “hold” rating in a research note on Wednesday, July 19th. Finally, UBS AG cut shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a research note on Wednesday, July 26th. One equities research analyst has rated the stock with a sell rating and four have issued a hold rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $47.00.
Home Bancorp (HBCP) opened at 42.46 on Tuesday. The firm has a market capitalization of $314.29 million, a price-to-earnings ratio of 16.85 and a beta of 0.11. The stock has a 50 day moving average of $42.27 and a 200 day moving average of $39.70. Home Bancorp has a one year low of $27.50 and a one year high of $47.20.
Home Bancorp (NASDAQ:HBCP) last released its earnings results on Tuesday, October 24th. The bank reported $0.59 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.04). Home Bancorp had a net margin of 22.54% and a return on equity of 9.83%. The company had revenue of $18.25 million during the quarter, compared to analysts’ expectations of $18.54 million. Analysts forecast that Home Bancorp will post $2.55 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, November 17th. Investors of record on Monday, November 6th will be issued a $0.14 dividend. The ex-dividend date is Friday, November 3rd. This represents a $0.56 dividend on an annualized basis and a yield of 1.32%. Home Bancorp’s payout ratio is 22.67%.
In related news, CEO John W. Bordelon sold 15,578 shares of the business’s stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $43.59, for a total value of $679,045.02. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 15.50% of the stock is currently owned by insiders.
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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.
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