Analysts expect Home Bancorp, Inc. (NASDAQ:HBCP) to report $0.63 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Two analysts have issued estimates for Home Bancorp’s earnings. The highest EPS estimate is $0.64 and the lowest is $0.62. Home Bancorp posted earnings per share of $0.60 during the same quarter last year, which indicates a positive year-over-year growth rate of 5%. The firm is expected to announce its next quarterly earnings results on Tuesday, January 23rd.
On average, analysts expect that Home Bancorp will report full year earnings of $2.54 per share for the current financial year, with EPS estimates ranging from $2.53 to $2.55. For the next financial year, analysts expect that the business will post earnings of $2.88 per share, with EPS estimates ranging from $2.85 to $2.90. Zacks’ earnings per share calculations are a mean average based on a survey of research firms that follow Home Bancorp.
Home Bancorp (NASDAQ:HBCP) last posted its earnings results on Tuesday, October 24th. The bank reported $0.59 EPS for the quarter, missing the Zacks’ consensus estimate of $0.63 by ($0.04). The company had revenue of $18.25 million during the quarter, compared to analysts’ expectations of $18.54 million. Home Bancorp had a net margin of 22.54% and a return on equity of 9.72%.
A number of research analysts recently commented on the stock. Zacks Investment Research downgraded shares of Home Bancorp from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 24th. BidaskClub raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a research report on Saturday, December 9th. Finally, Sandler O’Neill reaffirmed a “hold” rating and issued a $46.00 target price on shares of Home Bancorp in a research report on Wednesday, October 18th. Five research analysts have rated the stock with a hold rating, The stock presently has an average rating of “Hold” and an average price target of $47.00.
In other Home Bancorp news, insider John W. Bordelon sold 7,000 shares of the firm’s stock in a transaction on Wednesday, November 29th. The shares were sold at an average price of $42.75, for a total transaction of $299,250.00. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO John W. Bordelon sold 15,578 shares of the firm’s stock in a transaction on Friday, October 27th. The stock was sold at an average price of $43.59, for a total transaction of $679,045.02. The disclosure for this sale can be found here. Insiders have sold a total of 30,000 shares of company stock worth $1,301,152 over the last three months. 15.50% of the stock is currently owned by insiders.
A number of institutional investors have recently modified their holdings of the business. Wells Fargo & Company MN grew its position in Home Bancorp by 3.1% during the 2nd quarter. Wells Fargo & Company MN now owns 4,438 shares of the bank’s stock worth $189,000 after purchasing an additional 133 shares during the last quarter. Raymond James Financial Services Advisors Inc. grew its position in Home Bancorp by 0.3% during the 2nd quarter. Raymond James Financial Services Advisors Inc. now owns 49,973 shares of the bank’s stock worth $2,125,000 after purchasing an additional 158 shares during the last quarter. Dimensional Fund Advisors LP grew its position in Home Bancorp by 0.3% during the 2nd quarter. Dimensional Fund Advisors LP now owns 96,906 shares of the bank’s stock worth $4,120,000 after purchasing an additional 324 shares during the last quarter. LSV Asset Management grew its position in Home Bancorp by 4.0% during the 2nd quarter. LSV Asset Management now owns 9,185 shares of the bank’s stock worth $390,000 after purchasing an additional 357 shares during the last quarter. Finally, Teachers Advisors LLC grew its position in Home Bancorp by 4.8% during the 2nd quarter. Teachers Advisors LLC now owns 10,348 shares of the bank’s stock worth $440,000 after purchasing an additional 477 shares during the last quarter. 42.13% of the stock is currently owned by institutional investors.
Home Bancorp (NASDAQ:HBCP) traded up $0.64 during midday trading on Thursday, hitting $43.88. 6,486 shares of the company were exchanged, compared to its average volume of 22,661. The company has a debt-to-equity ratio of 0.34, a current ratio of 0.99 and a quick ratio of 0.98. The stock has a market cap of $325.40, a P/E ratio of 17.40 and a beta of 0.23. Home Bancorp has a 1 year low of $32.52 and a 1 year high of $47.20.
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Home Bancorp Company Profile
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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