BCS Stock Summary and Trading Ideas (Barclays PLC | NYSE:BCS)

Barclays is a universal bank headquartered in the United Kingdom. It operates via two principal segments; U.K. (38% of profit before tax) and International (71% of PBT). In its U.K. segment, the bank provides current accounts, mortgages, savings and investment management services, credit cards, and business banking services to retail clients and small and medium-size enterprises. The international segment includes a corporate bank offering banking solutions to large corporates, a bulge-bracket global investment bank, and a credit card and payments business. In 2022, Barclays generated roughly 60% of its income from the U.K. and 25% from the United States.

Barclays PLC trades on the NYSE stock market under the symbol BCS.

As of April 24, 2024, BCS stock price declined to $9.60 with 18,043,237 million shares trading.

BCS has a beta of 1.38, meaning it tends to be more sensitive to market movements. BCS has a correlation of 0.27 to the broad based SPY ETF.

BCS has a market cap of $36.06 billion. This is considered a Large Cap stock.

Last quarter Barclays PLC reported $7 billion in Revenue and $.21 earnings per share. This fell short of revenue expectation by $-430 million and missed earnings estimates by -$.15.

In the last 3 years, BCS stock traded as high as $12.20 and as low as $5.89.

The top ETF exchange traded funds that BCS belongs to (by Net Assets): DFIV, AVDE, DFAX, APIE, DFIC.

BCS has outperformed the market in the last year with a price return of +31.3% while the SPY ETF gained +24.2%. BCS has also outperformed the stock market ETF in the last 3 month and 2 week periods returning +30.2% and -1.3%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

BCS support price is $9.54 and resistance is $9.86 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that BCS stock will trade within this expected range on the day.