Home Bancorp (NASDAQ:HBCP) Issues Earnings Results

Home Bancorp (NASDAQ:HBCP) announced its earnings results on Monday. The bank reported $1.21 earnings per share for the quarter, beating analysts’ consensus estimates of $1.14 by $0.07, Zacks reports. Home Bancorp had a net margin of 18.55% and a return on equity of 9.58%.

Home Bancorp Price Performance

Home Bancorp stock traded up $0.80 during mid-day trading on Monday, hitting $48.37. The stock had a trading volume of 19,590 shares, compared to its average volume of 23,423. Home Bancorp has a one year low of $33.30 and a one year high of $52.39. The company has a current ratio of 0.96, a quick ratio of 0.96 and a debt-to-equity ratio of 0.24. The firm has a market capitalization of $390.83 million, a P/E ratio of 10.73 and a beta of 0.71. The firm’s 50 day moving average is $47.53 and its 200 day moving average is $45.07.

Analyst Upgrades and Downgrades

HBCP has been the topic of a number of research reports. Raymond James raised shares of Home Bancorp from a “market perform” rating to an “outperform” rating and set a $50.00 price objective on the stock in a report on Monday, October 21st. StockNews.com downgraded shares of Home Bancorp from a “buy” rating to a “hold” rating in a research report on Wednesday, January 22nd. Finally, Hovde Group lowered Home Bancorp from an “outperform” rating to a “market perform” rating and upped their price objective for the stock from $53.00 to $54.50 in a research note on Tuesday, November 12th.

About Home Bancorp

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