HDFC Bank Ltd. ADR (NYSE: HDB) is -0.13% lower on its value in year-to-date trading and has touched a low of $54.99 and a high of $68.50 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 HDB stock was last observed hovering at around $64.90 in the last trading session, with the day’s loss setting it -1.12%.
Currently trading at $63.78, the stock is -0.38% and 3.28% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.96 million and changing -1.73% at the moment leaves the stock 2.35% off its SMA200. HDB registered 7.59% gain for a year compared to 6-month loss of 5.79%. The firm has a 50-day simple moving average (SMA 50) of $61.753 and a 200-day simple moving average (SMA200) of $62.3169.
The stock witnessed a 7.92% gain in the last 1 month and extending the period to 3 months gives it a 1.98%, and is -4.00% 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 2.81% over the week and 1.72% over the month.
HDFC Bank Ltd. ADR (HDB) has around 213527 employees, a market worth around $187.45B and $56.79B in sales. Current P/E ratio is 19.55 and Fwd P/E is 18.81. Profit margin for the company is 14.64%. Distance from 52-week low is 15.98% and -6.89% from its 52-week high. The company has generated returns on investments over the last 12 months (6.16%).
with sales reaching $435.11B over the same period.The EPS is expected to grow by 6.76% this year, but quarterly earnings will post 7.75% year-over-year. Quarterly sales are estimated to shrink -7.90% in year-over-year returns.
HDFC Bank Ltd. ADR (HDB) Top Institutional Holders
910.0 institutions hold shares in HDFC Bank Ltd. ADR (HDB), with institutional investors hold 14.28% of the company’s shares. The shares outstanding are 2.94B, and float is at 2.94B with Short Float at 0.66%. Institutions hold 14.28% of the Float.
The top institutional shareholder in the company is MORGAN STANLEY with over 16.84 million shares valued at $1.08 billion. The investor’s holdings represent 0.2207% of the HDB Shares outstanding. As of 2024-06-30, the second largest holder is FIL LTD with 13.98 million shares valued at $899.08 million to account for 0.1832 of the shares outstanding. The other top investors are JPMORGAN CHASE & CO which holds 13.05 million shares representing 0.171% and valued at over $839.33 million, while BAILLIE GIFFORD & CO holds 0.1511 of the shares totaling 11.53 million with a market value of $741.93 million.
HDFC Bank Ltd. ADR (HDB) Insider Activity
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