Brokerages Anticipate Home Bancorp, Inc. (NASDAQ:HBCP) Will Announce Earnings of $0.52 Per Share

Analysts expect Home Bancorp, Inc. (NASDAQ:HBCP) to report $0.52 earnings per share (EPS) for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for Home Bancorp’s earnings, with the highest EPS estimate coming in at $0.59 and the lowest estimate coming in at $0.41. Home Bancorp posted earnings of $0.71 per share in the same quarter last year, which would suggest a negative year-over-year growth rate of 26.8%. The company is scheduled to issue its next quarterly earnings results on Tuesday, July 28th.

On average, analysts expect that Home Bancorp will report full-year earnings of $2.06 per share for the current financial year, with EPS estimates ranging from $1.52 to $2.45. For the next fiscal year, analysts anticipate that the firm will report earnings of $2.10 per share, with EPS estimates ranging from $1.35 to $2.53. Zacks’ earnings per share calculations are an average based on a survey of research firms that cover Home Bancorp.

Home Bancorp (NASDAQ:HBCP) last issued its quarterly earnings results on Tuesday, April 28th. The bank reported $0.21 EPS for the quarter, missing analysts’ consensus estimates of $0.68 by ($0.47). Home Bancorp had a net margin of 18.81% and a return on equity of 7.09%. The business had revenue of $24.68 million for the quarter, compared to the consensus estimate of $24.36 million.

HBCP has been the topic of a number of recent research reports. Zacks Investment Research upgraded shares of Home Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, May 20th. Piper Sandler raised their target price on shares of Home Bancorp from $25.00 to $28.00 and gave the stock a “neutral” rating in a report on Wednesday, April 29th. ValuEngine cut shares of Home Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, April 23rd. Finally, Raymond James cut shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 17th. Two investment analysts have rated the stock with a sell rating and four have assigned a hold rating to the stock. The stock has a consensus rating of “Hold” and a consensus target price of $37.88.

Institutional investors have recently made changes to their positions in the business. Citigroup Inc. lifted its position in Home Bancorp by 53.4% during the first quarter. Citigroup Inc. now owns 2,351 shares of the bank’s stock valued at $57,000 after buying an additional 818 shares during the period. BNP Paribas Arbitrage SA lifted its position in Home Bancorp by 27.2% during the first quarter. BNP Paribas Arbitrage SA now owns 2,393 shares of the bank’s stock valued at $58,000 after buying an additional 512 shares during the period. Zebra Capital Management LLC lifted its position in Home Bancorp by 8.0% during the fourth quarter. Zebra Capital Management LLC now owns 5,620 shares of the bank’s stock valued at $220,000 after buying an additional 417 shares during the period. Two Sigma Advisers LP lifted its position in Home Bancorp by 51.7% during the first quarter. Two Sigma Advisers LP now owns 9,100 shares of the bank’s stock valued at $222,000 after buying an additional 3,100 shares during the period. Finally, Alliancebernstein L.P. lifted its position in Home Bancorp by 32.9% during the first quarter. Alliancebernstein L.P. now owns 9,700 shares of the bank’s stock valued at $237,000 after buying an additional 2,400 shares during the period. 40.04% of the stock is owned by institutional investors and hedge funds.

NASDAQ HBCP traded up $0.88 on Friday, reaching $25.19. 13,900 shares of the company’s stock traded hands, compared to its average volume of 23,916. Home Bancorp has a 12 month low of $18.57 and a 12 month high of $40.80. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.97 and a quick ratio of 0.96. The stock has a 50-day simple moving average of $24.12 and a 200 day simple moving average of $30.27. The stock has a market cap of $220.99 million, a PE ratio of 10.50 and a beta of 0.65.

About Home Bancorp

Home Bancorp, Inc operates as the holding company for Home Bank, National Association that provides various banking products and services in Louisiana. It offers deposits products, including interest-bearing and noninterest-bearing checking, money market, savings, and certificates of deposit accounts.

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Earnings History and Estimates for Home Bancorp (NASDAQ:HBCP)

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