Press coverage about Barclays (NYSE:BCS) has trended somewhat positive recently, Accern Sentiment Analysis reports. The research firm scores the sentiment of press coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Barclays earned a daily sentiment score of 0.17 on Accern’s scale. Accern also assigned media coverage about the financial services provider an impact score of 45.4019094998773 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have effected Accern Sentiment Analysis’s analysis:
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Barclays names Todd Sandoz head of Equities, Americas (seekingalpha.com) Custodial Receipts (Barclays RIB) — Moody’s upgrades to Aa3 from A2 credit enhanced Custodial Receipts, Series 2017-FR/RI-018 (finance.yahoo.com) Apple Opens Up Data Troves for Users (realmoney.thestreet.com) Barclays Considers Standard Chartered Tie Up, Reports Say: LIVE MARKETS BLOG (realmoneypro.thestreet.com) Barclays explores merger with StanChart (seekingalpha.com)
Barclays traded down $0.02, reaching $11.16, during midday trading on Friday, MarketBeat.com reports. The company’s stock had a trading volume of 2,419,649 shares, compared to its average volume of 3,425,000. The company has a debt-to-equity ratio of 5.42, a quick ratio of 1.27 and a current ratio of 1.27. Barclays has a 52-week low of $9.29 and a 52-week high of $12.55. The stock has a market cap of $48.33 billion, a PE ratio of 13.45, a price-to-earnings-growth ratio of 0.34 and a beta of 0.81.
Barclays (NYSE:BCS) last released its quarterly earnings results on Thursday, April 26th. The financial services provider reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.07. Barclays had a positive return on equity of 3.92% and a negative net margin of 13.05%. sell-side analysts predict that Barclays will post 1.15 EPS for the current fiscal year.
BCS has been the subject of a number of analyst reports. JPMorgan Chase & Co. restated a “buy” rating on shares of Barclays in a research note on Monday, March 19th. Zacks Investment Research upgraded Barclays from a “hold” rating to a “buy” rating and set a $14.00 price objective for the company in a research note on Wednesday, April 18th. ValuEngine upgraded Barclays from a “hold” rating to a “buy” rating in a research note on Thursday, March 1st. Goldman Sachs Group upgraded Barclays from a “sell” rating to a “neutral” rating in a research note on Thursday, March 8th. Finally, Investec cut Barclays from a “buy” rating to a “hold” rating in a research note on Tuesday, March 20th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $14.00.
In other Barclays news, major shareholder Plc Barclays sold 4,019 shares of the stock in a transaction dated Tuesday, March 13th. The stock was sold at an average price of $11.07, for a total value of $44,490.33. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders sold 4,523 shares of company stock valued at $49,936. 0.02% of the stock is currently owned by company insiders.
Barclays Company Profile
Barclays PLC, through its subsidiaries, provides various financial products and services in the United Kingdom, other European countries, the Americas, Africa, the Middle East, and Asia. The company operates through Barclays UK and Barclays International divisions. It offers personal and business banking services; credit and debit cards; international banking; and private banking services, which include investment, wealth planning, and credit and specialist solutions to high net worth and ultra-high net worth clients, and family offices.