Don't Buy Barclays PLC Before Checking Its Fundamentals!

By Chris Stiles • Wednesday, December 13 15:35 • Permanent Link

With gains of 2.3%, Barclays PLC was one of the winners on Wall Street today. Its shares are now trading at $7.42 and have logged a 1.0% daily outperformance of the S&P 500. Don't join the feeding frenzy before checking some basic facts about this stock:

Barclays PLC has moved -9.1% over the last year, and the S&P 500 logged a change of 16.2%
BCS has an average analyst rating of underperform and is 1.44% away from its mean target price of $7.31 per share
Its trailing earnings per share (EPS) is $1.7
Barclays PLC has a trailing 12 month Price to Earnings (P/E) ratio of 4.4 while the S&P 500 average is 15.97
Its forward earnings per share (EPS) is $1.11 and its forward P/E ratio is 6.7
The company has a Price to Book (P/B) ratio of 2.02 in contrast to the S&P 500's average ratio of 2.95
Barclays PLC is part of the Finance sector, which has an average P/E ratio of 12.38 and an average P/B of 1.58
BCS has reported YOY quarterly earnings growth of -11.3% and gross profit margins of 0.0%
Barclays PLC provides various financial services in the United Kingdom, Europe, the Americas, Africa, the Middle East, and Asia. The company operates through two segments, Barclays UK and Barclays International divisions. It offers financial services, such as retail banking, credit cards, wholesale banking, investment banking, wealth management, and investment management services. The company also engages in securities dealing activities. The company was formerly known as Barclays Bank Limited and changed its name to Barclays PLC in January 1985. Barclays PLC was founded in 1690 and is headquartered in London, the United Kingdom.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.