Barclays PLC (NYSE:BCS) saw some unusual options trading activity on Tuesday. Traders purchased 11,860 call options on the company. This represents an increase of approximately 327% compared to the typical volume of 2,779 call options.
Analyst Upgrades and Downgrades
Several research analysts have issued reports on BCS shares. Berenberg Bank started coverage on Barclays in a report on Wednesday, June 24th. They set a “buy” rating on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Barclays in a research report on Friday, July 17th. Morgan Stanley reissued an “overweight” rating on shares of Barclays in a report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Barclays in a research report on Wednesday, April 29th. Finally, Citigroup restated a “neutral” rating on shares of Barclays in a research note on Thursday, July 16th. Five research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy”.
Get Our Latest Analysis on Barclays
Institutional Trading of Barclays
Barclays Trading Down 5.4%
NYSE:BCS traded down $1.54 during trading hours on Tuesday, hitting $27.02. 8,094,781 shares of the company were exchanged, compared to its average volume of 6,662,143. The company has a fifty day simple moving average of $26.17 and a 200 day simple moving average of $24.71. The company has a current ratio of 1.44, a quick ratio of 1.44 and a debt-to-equity ratio of 5.94. Barclays has a one year low of $18.79 and a one year high of $28.67. The stock has a market capitalization of $92.08 billion, a price-to-earnings ratio of 11.25, a price-to-earnings-growth ratio of 0.47 and a beta of 1.00.
Barclays (NYSE:BCS – Get Free Report) last announced its earnings results on Monday, April 27th. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts’ consensus estimates of $0.75 by $0.01. Barclays had a net margin of 21.10% and a return on equity of 8.12%. The business had revenue of $5.07 billion during the quarter, compared to the consensus estimate of $10.88 billion. Sell-side analysts expect that Barclays will post 2.86 EPS for the current fiscal year.
Key Headlines Impacting Barclays
Here are the key news stories impacting Barclays this week:
- Positive Sentiment: Barclays reported a 17% increase in first-half profit, exceeding analyst expectations, with particularly strong equities trading and investment-banking fees. Barclays reports 17% profit rise on strong equities trading
- Positive Sentiment: The bank raised its 2026 group-income and net-interest-income targets after second-quarter income rose 16% year over year to £8.3 billion and pretax profit increased 31% to £3.3 billion. Barclays lifts income target as investment bank beats forecasts
- Positive Sentiment: Barclays announced a £1 billion share buyback, providing a potential additional source of shareholder returns. Barclays Raises Key Targets
- Neutral Sentiment: Brokerages maintained a consensus “Moderate Buy” rating, although the rating does not appear to have offset concerns about earnings quality. Barclays Receives Consensus Rating of Moderate Buy
- Negative Sentiment: Investors focused on weaker net interest income, additional costs and the possibility that unusually strong trading gains may not be repeatable. Analysts therefore saw limited scope for meaningful forecast upgrades despite the profit beat. Barclays falls as analysts look beyond headline profit beat
- Negative Sentiment: Rosen Law Firm said it is investigating potential securities claims alleging Barclays may have issued materially misleading information. The announcement is not a filed finding of wrongdoing, but it adds headline and legal risk. Rosen Barclays securities class action investigation
Barclays Company Profile
Barclays PLC (NYSE: BCS) is a British multinational bank and financial services company headquartered in London. The firm provides a broad range of banking and financial products to individual, corporate and institutional customers. Its core activities span retail and business banking, credit cards and payments, corporate and investment banking, and wealth and investment management.
In retail and business banking, Barclays offers deposit accounts, mortgages, personal and business loans, and card services.
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