Positives for HSBC Holdings plc ADR (HSBC) as stock gains in recent trading

HSBC Holdings plc ADR (NYSE: HSBC) is -4.22% lower on its value in year-to-date trading and has touched a low of $32.40 and a high of $42.47 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HSBC stock was last observed hovering at around $39.03 in the last trading session, with the day’s loss setting it -0.2%.

Currently trading at $38.83, the stock is -0.47% and -1.34% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.45 million and changing -0.51% at the moment leaves the stock -0.08% off its SMA200. HSBC registered 4.30% gain for a year compared to 6-month loss of -3.19%.

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The stock witnessed a -1.50% gain in the last 1 month and extending the period to 3 months gives it a 5.03%, and is -1.30% 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 0.90% over the week and 0.95% over the month.

HSBC Holdings plc ADR (HSBC) has around Nov 09 2023 employees, a market worth around $149.48B and $74.00B in sales. Current P/E ratio is 5.65 and Fwd P/E is 6.11. Profit margin for the company is 36.76%. Distance from 52-week low is 19.83% and -8.56% from its 52-week high. The company has generated returns on investments over the last 12 months (7.91%).

HSBC Holdings plc ADR quarterly earnings per share for the current quarter are estimated at $0.The EPS is expected to grow by 74.58% this year.

HSBC Holdings plc ADR (HSBC) Top Institutional Holders

448 institutions hold shares in HSBC Holdings plc ADR (HSBC), with institutional investors hold 1.58% of the company’s shares. The shares outstanding are 3.99B, and float is at 3.85B with Short Float at 0.28%. Institutions hold 1.58% of the Float.

The top institutional shareholder in the company is Dimensional Fund Advisors LP with over 10.96 million shares valued at $434.43 million. The investor’s holdings represent 0.28% of the HSBC Shares outstanding. As of Jun 29, 2023, the second largest holder is Morgan Stanley with 8.3 million shares valued at $328.91 million to account for 0.21% of the shares outstanding. The other top investors are Goldman Sachs Group Inc which holds 4.8 million shares representing 0.12% and valued at over $190.15 million, while Jane Street Group, LLC holds 0.11% of the shares totaling 4.37 million with a market value of $173.15 million.

HSBC Holdings plc ADR (HSBC): Who are the competitors?

The company’s main competitors (and peers) include Bank of America Corp. (BAC) that is trading -5.69% down over the past 12 months. Toronto-Dominion Bank (TD) that is -15.30% lower over the same period.