Q4 2017 EPS Estimates for Home Capital Group Inc (HCG) Lifted by Analyst
Home Capital Group Inc (TSE:HCG) – Research analysts at National Bank Financial lifted their Q4 2017 earnings estimates for shares of Home Capital Group in a research note issued to investors on Monday. National Bank Financial analyst J. Gloyn now expects that the company will post earnings per share of $0.38 for the quarter, up from their prior forecast of $0.34. National Bank Financial has a “Sector Perform” rating and a $14.50 price target on the stock. National Bank Financial also issued estimates for Home Capital Group’s FY2018 earnings at $1.52 EPS.
HCG has been the subject of several other reports. Laurentian Bank of Canada lifted their price objective on Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. CIBC set a C$17.00 price objective on Home Capital Group and gave the stock a “neutral” rating in a research report on Monday, September 25th. Royal Bank Of Canada lowered Home Capital Group from a “speculative buy” rating to a “sector perform” rating and lifted their price objective for the stock from C$14.00 to C$15.00 in a research report on Friday, August 25th. Scotiabank lowered their price objective on Home Capital Group from C$18.00 to C$17.00 and set a “sector perform” rating for the company in a research report on Friday, August 4th. Finally, Laurentian lifted their price objective on Home Capital Group from C$17.00 to C$20.00 in a research report on Wednesday, September 13th. Eight research analysts have rated the stock with a hold rating, The company has an average rating of “Hold” and an average target price of C$17.67.
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Home Capital Group (TSE:HCG) traded down 0.96% on Thursday, reaching $13.40. The company’s stock had a trading volume of 58,602 shares. The stock has a market cap of $1.08 billion and a price-to-earnings ratio of 13.69. Home Capital Group has a 52-week low of $5.06 and a 52-week high of $32.26. The firm’s 50-day moving average price is $13.78 and its 200-day moving average price is $13.41.
In other news, Director Alan Roy Hibben bought 4,000 shares of Home Capital Group stock in a transaction dated Friday, September 22nd. The stock was bought at an average cost of C$13.93 per share, for a total transaction of C$55,720.00.
About Home Capital Group
Home Capital Group Inc is a Canada-based holding company that operates through its subsidiary, Home Trust Company (Home Trust), which offers deposits, residential and non-residential commercial mortgage lending and consumer lending. It offers deposits through brokers and financial planners, and through its direct-to-consumer deposit brand, Oaken Financial.
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