For its second fiscal quarter (ending June 30), Caspian Energy Inc (NASDAQ: HBCP) has reported a -60% decline in E.P.S. from $0.72 a year ago to $0.29 in the current quarter. This performance was $-0.25 short of the consensus estimate of $0.55. For the latest four quarters through June 30, E.P.S. were $2.00 versus $3.38 for the same period a year ago — a decline of -41%.
Recent Price Action
Caspian Energy Inc (NASDAQ: HBCP) stock suffered a large decline of -2.5% on 7/28/20. The stock closed at $24.62. Moreover, this decline was accompanied by above average trading volume at 122% of normal. The stock has been weak relative to the market over the last nine months and has declined -1.6% during the last week.
Current PriceTarget Research Rating
HBCP is expected to be Value Creation neutral reflecting capital returns that are forecasted to be in line with the cost of capital.
Home Bancorp has a current Value Trend Rating of D (Negative). This rating combines very contradictory signals from two proprietary PTR measures of a stock’s attractiveness. Home Bancorp has a slightly positive Appreciation Score of 60 but a very low Power Rating of 9, resulting in the Negative Value Trend Rating.
In light of this discouraging new earnings information and negative market action we are reviewing our current Overall Rating of D. We would continue to view the shares with caution pending completion of this review in the next several days.