Barclays plc ADR (NYSE:BCS) Shares Surged 7.95% In A Week – But Will They Keep Going Up?

In recent trading session, Barclays plc ADR (NYSE:BCS) saw 6.47 million shares changing hands at last check today with its beta currently measuring 1.43. Company’s recent per share price level of $11.88 trading at $0.42 or 3.62% at last check today assigns it a market valuation of $43.58B. That most recent trading price of BCS’s stock is at a discount of -1.94% from its 52-week high price of $12.11 and is indicating a premium of 47.56% 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 16.71 million shares which gives us an average trading volume of 11.76 million if we extend that period to 3-months.

For Barclays plc ADR (BCS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.79. Splitting up the data highlights that, out of 5 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 5 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.43 in the current quarter.

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Barclays plc ADR (NYSE:BCS) trade information

Barclays plc ADR’s shares saw a change of 50.70% in year-to-date performance and have moved 7.95% in past 5-day. Barclays plc ADR (NYSE:BCS) showed a performance of -1.21% in past 30-days. Number of shares sold short was 6.3 million shares which calculate 0.61 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 64.02% of value to its shares in past 6 months, showing an annual growth rate of 21.74% while that of industry is 3.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to rise 1.50% 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 20.44% 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 September 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. With an annual yield of 3.39%, the share has a forward dividend of 0.40 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 2.97%.

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

Investors also watch the number of corporate investors in a company very closely, which is 5.50% 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 28.11 million shares of worth $265.64 million. And as of 2024-03-31, it was holding 0.1876 of the company’s outstanding shares.

The second largest institutional holder is DIMENSIONAL FUND ADVISORS LP, which was holding about 15.36 million shares on 2024-03-31. The number of shares represents firm’s hold over 0.1025 of outstanding shares, having a total worth of $145.12 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 Apr 30, 2024, the former fund manager was holding 4.62 shares of worth $54.83 million or 0.13% of the total outstanding shares. The later fund manager was in possession of 3.11 shares on Apr 30, 2024, making its stake of worth around $36.9 million in the company or a holder of 0.08% of company’s stock.