$0.89 EPS Expected for Home Bancorp, Inc. (HBCP) This Quarter

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Wall Street analysts predict that Home Bancorp, Inc. (NASDAQ:HBCP) will announce $0.89 earnings per share for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for Home Bancorp’s earnings. The highest EPS estimate is $0.90 and the lowest is $0.88. Home Bancorp posted earnings of $0.59 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 50.8%. The firm is scheduled to issue its next earnings report on Tuesday, October 23rd.

According to Zacks, analysts expect that Home Bancorp will report full year earnings of $3.57 per share for the current year, with EPS estimates ranging from $3.55 to $3.58. For the next financial year, analysts forecast that the company will post earnings of $3.48 per share, with EPS estimates ranging from $3.40 to $3.55. Zacks’ earnings per share averages are a mean average based on a survey of research analysts that follow Home Bancorp.

Home Bancorp (NASDAQ:HBCP) last announced its quarterly earnings results on Thursday, July 26th. The bank reported $0.93 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.83 by $0.10. The business had revenue of $26.68 million during the quarter, compared to analysts’ expectations of $25.73 million. Home Bancorp had a return on equity of 10.63% and a net margin of 23.13%.

Several equities research analysts recently weighed in on the company. BidaskClub upgraded Home Bancorp from a “hold” rating to a “buy” rating in a report on Thursday, June 21st. Zacks Investment Research upgraded Home Bancorp from a “hold” rating to a “buy” rating and set a $54.00 target price for the company in a report on Wednesday, June 27th.

Institutional investors and hedge funds have recently bought and sold shares of the stock. Millennium Management LLC acquired a new stake in Home Bancorp in the 1st quarter worth approximately $1,249,000. Mackay Shields LLC acquired a new stake in Home Bancorp in the 2nd quarter worth approximately $214,000. Renaissance Technologies LLC lifted its holdings in Home Bancorp by 11.5% in the 2nd quarter. Renaissance Technologies LLC now owns 235,300 shares of the bank’s stock worth $10,953,000 after purchasing an additional 24,200 shares during the last quarter. BlackRock Inc. lifted its holdings in Home Bancorp by 2.1% in the 1st quarter. BlackRock Inc. now owns 283,247 shares of the bank’s stock worth $12,228,000 after purchasing an additional 5,916 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in Home Bancorp by 9.1% in the 1st quarter. Northern Trust Corp now owns 77,168 shares of the bank’s stock worth $3,331,000 after purchasing an additional 6,423 shares during the last quarter. Hedge funds and other institutional investors own 38.96% of the company’s stock.

Shares of NASDAQ HBCP traded down $0.94 during trading hours on Monday, hitting $40.77. The stock had a trading volume of 16,343 shares, compared to its average volume of 20,886. The stock has a market cap of $411.34 million, a price-to-earnings ratio of 14.72 and a beta of 0.07. Home Bancorp has a 52 week low of $34.12 and a 52 week high of $48.47. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.96 and a current ratio of 0.97.

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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