Barclays PLC [BCS] is -39.71% lower this YTD. Is it still time to buy?

Barclays PLC [NYSE: BCS] price plunged by -1.54 percent to reach at -$0.09. The company report on October 13, 2020 that Barclays Research Examines How GSE Affordability Targets Offset Income and Racial Imbalances in Homeownership.

A new Barclays Impact Series report highlights considerations for housing finance reform and its impact on rising income inequality on low-income and minority homebuyers.

Barclays today released the eighth edition of its Impact Series entitled, “Housing finance reform: Addressing a growing divide.” The research report examines how the rise in income inequality exerts downward pressure on homeownership. While government support may have the effect of encouraging better-off households to purchase larger, more expensive houses, Barclays’ independent research indicates that affordability targets have acted as a buffer against widening levels of income inequality.

A sum of 4744202 shares traded at recent session while its average daily volume was at 2.82M shares. Barclays PLC shares reached a high of $5.82 and dropped to a low of $5.68 until finishing in the latest session at $5.74.

The one-year BCS stock forecast points to a potential upside of 23.87. The average equity rating for BCS stock is currently 1.00, trading closer to a bullish pattern in the stock market.

Guru’s Opinion on Barclays PLC [BCS]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BCS shares is $7.54 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BCS stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Investec have made an estimate for Barclays PLC shares, keeping their opinion on the stock as Buy, with their previous recommendation back on July 10, 2020. The new note on the price target was released on March 03, 2020, representing the official price target for Barclays PLC stock.

The Average True Range (ATR) for Barclays PLC is set at 0.17 The Price to Book ratio for the last quarter was 0.28, with the Price to Cash per share for the same quarter was set at 315.46.

BCS Stock Performance Analysis:

Barclays PLC [BCS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.51. With this latest performance, BCS shares gained by 22.13% in over the last four-week period, additionally plugging by 17.86% over the last 6 months – not to mention a drop of -33.95% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BCS stock in for the last two-week period is set at 63.11, with the RSI for the last a single of trading hit 70.09, and the three-weeks RSI is set at 60.15 for Barclays PLC [BCS]. The present Moving Average for the last 50 days of trading for this stock 5.35, while it was recorded at 5.56 for the last single week of trading, and 5.95 for the last 200 days.

Insight into Barclays PLC Fundamentals:

Operating Margin for any stock indicates how profitable investing would be, and Barclays PLC [BCS] shares currently have an operating margin of +20.55. Barclays PLC’s Net Margin is presently recorded at +8.19.

Return on Total Capital for BCS is now 3.16, given the latest momentum, and Return on Invested Capital for the company is 1.68. Return on Equity for this stock inclined to 4.62, with Return on Assets sitting at 0.22. When it comes to the capital structure of this company, Barclays PLC [BCS] has a Total Debt to Total Equity ratio set at 255.57. Additionally, BCS Total Debt to Total Capital is recorded at 71.88, with Total Debt to Total Assets ending up at 12.00. Long-Term Debt to Equity for the company is recorded at 176.53, with the Long-Term Debt to Total Capital now at 49.65.

Reflecting on the efficiency of the workforce at the company, Barclays PLC [BCS] managed to generate an average of $30,458 per employee.

BCS Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BCS. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Barclays PLC go to -0.60%.

Barclays PLC [BCS] Insider Position Details

There are presently around $469 million, or 1.90% of BCS stock, in the hands of institutional investors. The top three institutional holders of BCS stocks are: DIMENSIONAL FUND ADVISORS LP with ownership of 15,367,536, which is approximately 0.364% of the company’s market cap and around 12.00% of the total institutional ownership; PARAMETRIC PORTFOLIO ASSOCIATES LLC, holding 7,013,673 shares of the stock with an approximate value of $40.26 million in BCS stocks shares; and NORTHERN TRUST CORP, currently with $28.81 million in BCS stock with ownership of nearly 4.567% of the company’s market capitalization.

Positions in Barclays PLC stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 106 institutional holders increased their position in Barclays PLC [NYSE:BCS] by around 12,750,364 shares. Additionally, 120 investors decreased positions by around 10,917,497 shares, while 29 investors held positions by with 57,956,011 shares. The mentioned changes placed institutional holdings at 81,623,872 shares, according to the latest SEC report filing. BCS stock had 33 new institutional investments in for a total of 1,544,099 shares, while 49 institutional investors sold positions of 4,826,815 shares during the same period.

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