Brokerages expect Home Bancorp, Inc. (NASDAQ:HBCP) to post sales of $25.25 million for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for Home Bancorp’s earnings. The lowest sales estimate is $25.10 million and the highest is $25.39 million. Home Bancorp reported sales of $25.99 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 2.8%. The firm is scheduled to announce its next earnings results on Tuesday, April 23rd.

According to Zacks, analysts expect that Home Bancorp will report full-year sales of $102.25 million for the current year, with estimates ranging from $101.99 million to $102.50 million. For the next year, analysts expect that the company will post sales of $103.23 million, with estimates ranging from $101.95 million to $104.50 million. Zacks’ sales calculations are an average based on a survey of research firms that cover Home Bancorp.

Home Bancorp (NASDAQ:HBCP) last posted its quarterly earnings results on Tuesday, January 29th. The bank reported $0.87 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.85 by $0.02. The firm had revenue of $25.93 million during the quarter, compared to the consensus estimate of $26.23 million. Home Bancorp had a return on equity of 11.32% and a net margin of 27.29%.

HBCP has been the subject of a number of analyst reports. ValuEngine upgraded Home Bancorp from a “sell” rating to a “hold” rating in a research note on Friday, December 21st. BidaskClub upgraded Home Bancorp from a “strong sell” rating to a “sell” rating in a research note on Wednesday, January 2nd. FIG Partners restated a “market-perform” rating on shares of Home Bancorp in a research note on Tuesday, January 29th. Finally, Zacks Investment Research downgraded Home Bancorp from a “hold” rating to a “sell” rating in a research note on Saturday, February 2nd. Two equities research analysts have rated the stock with a sell rating and two have assigned a hold rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $49.00.

HBCP stock traded up $0.65 during mid-day trading on Friday, reaching $37.09. The company had a trading volume of 13,931 shares, compared to its average volume of 13,161. The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.19. The company has a market cap of $351.84 million, a price-to-earnings ratio of 10.42 and a beta of 0.30. Home Bancorp has a 52 week low of $32.59 and a 52 week high of $48.47.

In other news, insider John W. Bordelon sold 6,476 shares of the firm’s stock in a transaction that occurred on Friday, March 15th. The stock was sold at an average price of $35.84, for a total value of $232,099.84. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Michael P. Maraist acquired 1,000 shares of the business’s stock in a transaction dated Thursday, March 7th. The stock was acquired at an average cost of $35.00 per share, with a total value of $35,000.00. The disclosure for this purchase can be found here. Over the last ninety days, insiders sold 20,790 shares of company stock valued at $738,077. Insiders own 12.40% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HBCP. Dimensional Fund Advisors LP lifted its position in shares of Home Bancorp by 15.3% in the third quarter. Dimensional Fund Advisors LP now owns 167,730 shares of the bank’s stock valued at $7,293,000 after buying an additional 22,258 shares during the last quarter. BlackRock Inc. lifted its position in shares of Home Bancorp by 2.8% in the fourth quarter. BlackRock Inc. now owns 407,773 shares of the bank’s stock valued at $14,436,000 after buying an additional 11,111 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Home Bancorp by 6.0% in the fourth quarter. Geode Capital Management LLC now owns 74,855 shares of the bank’s stock valued at $2,649,000 after buying an additional 4,230 shares during the last quarter. Vanguard Group Inc lifted its position in shares of Home Bancorp by 1.1% in the third quarter. Vanguard Group Inc now owns 319,163 shares of the bank’s stock valued at $13,878,000 after buying an additional 3,487 shares during the last quarter. Finally, Vanguard Group Inc. lifted its position in shares of Home Bancorp by 1.1% in the third quarter. Vanguard Group Inc. now owns 319,163 shares of the bank’s stock valued at $13,878,000 after buying an additional 3,487 shares during the last quarter. 37.56% of the stock is owned by institutional investors.

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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