Barclays plc ADR (BCS): Why Is The Stock Strong?

Barclays plc ADR (NYSE:BCS) has a beta value of 1.45 and has seen 14.37 million shares traded in the last trading session. The company, currently valued at $38.59B, closed the last trade at $10.29 per share which meant it lost -$0.13 on the day or -1.25% during that session. The BCS stock price is -1.65% off its 52-week high price of $10.46 and 39.46% above the 52-week low of $6.23. The 3-month trading volume is 17.21 million shares.

Barclays plc ADR (NYSE:BCS) trade information

Sporting -1.25% in the red in last session, the stock has traded in the green over the last five days, when the BCS stock price touched $10.29 or saw a rise of 1.63%. Year-to-date, Barclays plc ADR shares have moved 30.58%, while the 5-day performance has seen it change 8.09%. Over the past 30 days, the shares of Barclays plc ADR (NYSE:BCS) have changed 8.89%.

Barclays plc ADR (BCS) estimates and forecasts

Figures show that Barclays plc ADR shares have outperformed across the wider relevant industry. The company’s shares have gained 60.28% over the past 6 months, with this year growth rate of 14.49%, compared to 1.50% for the industry. Revenue growth from the last financial year stood is estimated to be 1.10%.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 22.49% over the past 5 years. Earnings growth for 2024 is a modest 13.89% while over the next 5 years, the company’s earnings are expected to increase by 2.10%.

BCS Dividends

Barclays plc ADR is expected to release its next earnings report in May this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.40 at a share yield of 3.92%. The company’s dividend yield has gone up over the past 12 months.