Barclays plc ADR (NYSE:BCS) Up 10.77% Over The Past 30 Days: Any Troubles Ahead?

In last trading session, Barclays plc ADR (NYSE:BCS) saw 20.58 million shares changing hands with its beta currently measuring 1.48. Company’s recent per share price level of $9.36 trading at $0.09 or 0.97% at ring of the bell on the day assigns it a market valuation of $35.33B. That closing price of BCS’s stock is at a premium of 0.96% from its 52-week high price of $9.27 and is indicating a premium of 33.44% from its 52-week low price of $6.23. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 15.69 million shares which gives us an average trading volume of 16.54 million if we extend that period to 3-months.

Barclays plc ADR (NYSE:BCS) trade information

Upright in the green during last session for gaining 0.97%, in the last five days BCS remained trading in the green while hitting it’s week-highest on Thursday, 03/21/24 when the stock touched $9.36 price level, adding 1.27% to its value on the day. Barclays plc ADR’s shares saw a change of 18.78% in year-to-date performance and have moved 4.23% in past 5-day. Barclays plc ADR (NYSE:BCS) showed a performance of 10.77% in past 30-days. Number of shares sold short was 36.5 million shares which calculate 2.38 days to cover the short interests.

Barclays plc ADR (BCS) estimates and forecasts

Statistics highlight that Barclays plc ADR is scoring comparatively higher than the scores of other players of the relevant industry. The company added 19.69% of value to its shares in past 6 months, showing an annual growth rate of 15.94% while that of industry is 1.00. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 2.50% from the last financial year’s standing.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 22.49% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 14.16% while estimates for its earnings growth in next 5 years are of 2.10%.

BCS Dividends

Barclays plc ADR is more likely to be releasing its next quarterly report in April and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

Barclays plc ADR (NYSE:BCS)’s Major holders

Insiders are in possession of 0.00% of company’s total shares while institution are holding 4.15 percent of that, with stock having share float percentage of 4.15%. Investors also watch the number of corporate investors in a company very closely, which is 4.15% institutions for Barclays plc ADR that are currently holding shares of the company. Arrowstreet Capital, Limited Partnership is the top institutional holder at BCS for having 24.11 million shares of worth $225.63 million. And as of Dec 30, 2023, it was holding 0.64% of the company’s outstanding shares.

The second largest institutional holder is Dimensional Fund Advisors LP, which was holding about 16.5 million shares on Dec 30, 2023. The number of shares represents firm’s hold over 0.44% of outstanding shares, having a total worth of $154.48 million.

On the other hand, DFA International Value Series and Dimensional ETF Tr-Dimensional International Value ETF are the top two Mutual Funds which own company’s shares. As of Oct 30, 2023, the former fund manager was holding 5.64 million shares of worth $52.78 million or 0.15% of the total outstanding shares. The later fund manager was in possession of 3.68 million shares on Oct 30, 2023, making its stake of worth around $34.42 million in the company or a holder of 0.10% of company’s stock.