HDFC Bank Ltd. ADR (NYSE: HDB) kicked off on Monday, up 4.32% from the previous trading day, before settling in for the closing price of $60.87. Over the past 52 weeks, HDB has traded in a range of $52.16-$67.44.
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During the last 5-year period, the sales growth of Financial Sector giant was 25.70%. While this was happening, its average annual earnings per share was recorded 11.35%. With a float of $2.54 billion, this company’s outstanding shares have now reached $2.54 billion.
Let’s determine the extent of company efficiency that accounts for 213527 employees. In terms of profitability, gross margin is 97.67%, operating margin of 29.65%, and the pretax margin is 29.81%.
HDFC Bank Ltd. ADR (HDB) Breakdown of a Key Holders of the stock
Our next focus will be how large-scale investors are participating in this stock of the Banks – Regional Industry. The insider ownership of HDFC Bank Ltd. ADR is 0.10%, while institutional ownership is 13.50%.
HDFC Bank Ltd. ADR (HDB) Recent Fiscal highlights
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.8 earnings per share (EPS), higher than consensus estimate (set at 0.45) by 0.35. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.49 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 11.35% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 10.41% during the next five years compared to 12.89% growth over the previous five years of trading.
HDFC Bank Ltd. ADR (NYSE: HDB) Trading Performance Indicators
Take a look at HDFC Bank Ltd. ADR’s (HDB) current performance indicators. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.82.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.26, a number that is poised to hit 0.79 in the next quarter and is forecasted to reach 3.65 in one year’s time.
Technical Analysis of HDFC Bank Ltd. ADR (HDB)
Looking closely at HDFC Bank Ltd. ADR (NYSE: HDB), its last 5-days average volume was 2.94 million, which is a drop from its year-to-date volume of 3.09 million. As of the previous 9 days, the stock’s Stochastic %D was 60.84%. Additionally, its Average True Range was 1.19.
During the past 100 days, HDFC Bank Ltd. ADR’s (HDB) raw stochastic average was set at 69.90%, which indicates a significant decrease from 86.15% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 30.99% in the past 14 days, which was lower than the 31.15% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.73, while its 200-day Moving Average is $59.01. However, in the short run, HDFC Bank Ltd. ADR’s stock first resistance to watch stands at $64.29. Second resistance stands at $65.07. The third major resistance level sits at $65.97. If the price goes on to break the first support level at $62.61, it is likely to go to the next support level at $61.71. Now, if the price goes above the second support level, the third support stands at $60.93.
HDFC Bank Ltd. ADR (NYSE: HDB) Key Stats
The company with the Market Capitalisation of 161.52 billion has total of 1,859,914K Shares Outstanding. Its annual sales at the moment are 42,247 M in contrast with the sum of 7,471 M annual income. Company’s last quarter sales were recorded 14,040 M and last quarter income was 1,977 M.
