HSBC Holdings plc (NYSE: HSBC) is -36.33% lower on its value in year-to-date trading and has touched a low of $23.95 and a high of $43.87 in the current 52-week trading range. The HSBC stock was last observed hovering at around $24.89 in the current trading session, with the day’s loss setting it -0.08% off its average median price target of $29.10 for the next 12 months. It is also 14.74% off the consensus price target high of $29.10 offered by 5 analysts, but current levels are 14.74% higher than the price target low of $29.10 for the same period.
Currently trading at $24.81, the stock is -3.17% and -12.23% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -0.32% at the moment leaves the stock -30.00% off its SMA200. HSBC registered -43.16% loss for a year compared to 6-month loss of -34.62%. The firm has a 50-day simple moving average (SMA 50) of $26.61 and a 200-day simple moving average (SMA200) of $34.29.
The stock witnessed a 2.30% gain in the last 1 month and extending the period to 3 months gives it a -31.88%, and is -3.83% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.21% over the week and 1.71% over the month.
HSBC Holdings plc (HSBC) has around 235047 employees, a market worth around $102.47B and $54.84B in sales. Current P/E ratio is 28.35 and Fwd P/E is 10.87. Profit margin for the company is 4.00%. Distance from 52-week low is 3.59% and -43.44% from its 52-week high. The company has generated returns on investments over the last 12 months (3.70%).
HSBC Holdings plc (HSBC) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for HSBC Holdings plc (HSBC) is a “Underweight”. 5 analysts offering their recommendations for the stock have an average rating of 3.00, where 1 rate it as a Hold and 1 think it is a “Overweight”. 0 of the analysts rate the stock as a “Buy”. 3 analysts have rated the stock as a Sell or Underperform.
HSBC Holdings plc is expected to release its quarterly report on 08/03/2020 and quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to shrink by -53.20% this year.
HSBC Holdings plc (HSBC) Top Institutional Holders
427 institutions hold shares in HSBC Holdings plc (HSBC), with 40.32k shares held by insiders accounting for 0.00% while institutional investors hold 1.81% of the company’s shares. The shares outstanding are 4.12B, and float is at 4.05B with Short Float at 0.29%. Institutions hold 1.81% of the Float.
HSBC Holdings plc (HSBC): Who are the competitors?
The company’s main competitors (and peers) include Bank of America Corporation (BAC) that is trading -25.63% down over the past 12 months. Banco Santander S.A. (SAN) is -56.82% down on the 1-year trading charts. Short interest in the company’s stock has risen 3.77% from the last report on Mar 12, 2020 to stand at a total of 11.22 million short shares sold with a short interest ratio of 1.72.