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

Equities research analysts expect that Home Bancorp, Inc. (NASDAQ:HBCP) will announce $0.52 earnings per share (EPS) for the current fiscal quarter, according to Zacks Investment Research. Three analysts have made estimates for Home Bancorp’s earnings, with estimates ranging from $0.41 to $0.59. Home Bancorp reported earnings per share of $0.71 during the same quarter last year, which suggests a negative year over year growth rate of 26.8%. The company is scheduled to report its next earnings results on Tuesday, July 28th.

According to Zacks, analysts expect that Home Bancorp will report full year earnings of $2.06 per share for the current year, with EPS estimates ranging from $1.52 to $2.45. For the next year, analysts expect that the firm will post earnings of $2.10 per share, with EPS estimates ranging from $1.35 to $2.53. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of research analysts that that provide coverage for Home Bancorp.

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

A number of brokerages recently weighed in on HBCP. ValuEngine downgraded shares of Home Bancorp from a “hold” rating to a “sell” rating in a report on Thursday, April 23rd. Zacks Investment Research raised shares of Home Bancorp from a “sell” rating to a “hold” rating in a report on Wednesday, May 20th. Piper Sandler boosted their price target 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. Finally, Raymond James downgraded shares of Home Bancorp from an “outperform” rating to a “market perform” rating in a report on Wednesday, June 17th. Two research analysts have rated the stock with a sell rating and four have issued a hold rating to the stock. Home Bancorp presently has an average rating of “Hold” and an average price target of $37.88.

Shares of NASDAQ HBCP traded up $0.88 during trading on Friday, hitting $25.19. The stock had a trading volume of 13,900 shares, 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 company has a market capitalization of $220.99 million, a PE ratio of 10.50 and a beta of 0.65. The firm has a fifty day moving average of $24.12 and a two-hundred day moving average of $30.27.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Zebra Capital Management LLC lifted its holdings 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 purchasing an additional 417 shares during the last quarter. Bank of America Corp DE lifted its holdings in Home Bancorp by 6.0% during the fourth quarter. Bank of America Corp DE now owns 7,464 shares of the bank’s stock valued at $293,000 after purchasing an additional 420 shares during the last quarter. BNP Paribas Arbitrage SA lifted its holdings 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 purchasing an additional 512 shares during the last quarter. Citigroup Inc. lifted its holdings 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 purchasing an additional 818 shares during the last quarter. Finally, Victory Capital Management Inc. lifted its holdings in Home Bancorp by 3.2% during the first quarter. Victory Capital Management Inc. now owns 31,153 shares of the bank’s stock valued at $761,000 after purchasing an additional 953 shares during the last quarter. 40.04% of the stock is currently owned by institutional investors and hedge funds.

Home Bancorp Company Profile

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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