HSBC Holdings plc ADR (NYSE: HSBC) is -0.93% lower on its value in year-to-date trading and has touched a low of $36.08 and a high of $49.86 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 $49.35 in the last trading session, with the day’s loss setting it -0.35%.
Currently trading at $49.00, the stock is 0.24% and 3.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.6 million and changing -0.71% at the moment leaves the stock 10.77% off its SMA200. HSBC registered 23.43% gain for a year compared to 6-month gain of 11.92%. The firm has a 50-day simple moving average (SMA 50) of $47.4422 and a 200-day simple moving average (SMA200) of $44.334.
The stock witnessed a 2.04% loss in the last 1 month and extending the period to 3 months gives it a 10.66%, and is -0.14% 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 1.07% over the week and 1.07% over the month.
HSBC Holdings plc ADR (HSBC) has around 221000 employees, a market worth around $175.50B and $152.26B in sales. Current P/E ratio is 8.08 and Fwd P/E is 7.82. Profit margin for the company is 14.82%. Distance from 52-week low is 35.82% and -1.72% from its 52-week high. The company has generated returns on investments over the last 12 months (5.85%).
with sales reaching $13.67B over the same period.The EPS is expected to grow by 12.64% this year, but quarterly earnings will post 0.80% year-over-year. Quarterly sales are estimated to grow 4.99% in year-over-year returns.
HSBC Holdings plc ADR (HSBC) Top Institutional Holders
487.0 institutions hold shares in HSBC Holdings plc ADR (HSBC), with institutional investors hold 1.66% of the company’s shares. The shares outstanding are 3.65B, and float is at 3.58B with Short Float at 0.19%. Institutions hold 1.66% of the Float.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 11.16 million shares valued at $485.45 million. The investor’s holdings represent 0.2986% of the HSBC Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 6.45 million shares valued at $280.6 million to account for 0.1726 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 5.75 million shares representing 0.1539% and valued at over $250.26 million, while SANDERS CAPITAL, LLC holds 0.0799 of the shares totaling 2.99 million with a market value of $129.92 million.
HSBC Holdings plc ADR (HSBC) Insider Activity
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