With 1.37 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.73 million shares. During the session, the Banks – Regional company that operates in wider Financial sector, reached to the highest price of $62.02 whereas the lowest price it dropped to was $61.62. The 52-week range on HDB shows that it touched its highest point at $68.50 and its lowest point at $52.16 during that stretch. It currently has a 1-year price target of $69.27. With its current market cap of 157.98 billion, HDB has annualized dividend of $0.70 while the current yield stands at 1.12%. HDB paid its most recent dividend on 1683849600, while the ex-dividend date for that was 1715126400. Beta for the stock currently stands at 0.93.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of HDB was up-trending over the past week, with a rise of 2.40%, but this was down by -0.05% over a month. Three-month performance dropped to -0.90% while six-month performance rose 6.15%. The stock gained 11.68% in the past year, while it has lost -2.99% so far this year. A look at the trailing 12-month EPS for HDB yields 3.26 with Next year EPS estimates of 3.40. For the next quarter, that number is 0.77. This implies an EPS growth rate of 6.36% for this year and 11.40% for next year. EPS is expected to grow by 10.76% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.89%.
Float and Shares Shorts:
At present, 2.55 billion HDB shares are outstanding with a float of 2.55 billion shares on hand for trading. On 2024-12-31, short shares totaled 18.95 million, which was 74.0 higher than short shares on 1732838400. In addition to Mr. Sashidhar Jagdishan as the firm’s MD, CEO & Director, Mr. Bhavesh Chandulal Zaveri serves as its Group Head of Operations, ATM, Cash Management Product & Executive Director.
Institutional Ownership:
Through their ownership of 0.14088 of HDB’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With HDB analysts setting a high price target of 77.15 and a low target of 68.6, the average target price over the next 12 months is 74.9375. Based on these targets, HDB could surge 24.54% to reach the target high and rise by 10.73% to reach the target low. Reaching the average price target will result in a growth of 20.96% from current levels.
Analysts have provided yearly estimates in a range of $277.48662 being high and $206.97022 being low. For HDB, this leads to a yearly average estimate of $248.1811. Based on analyst estimates, the high estimate for the next quarter is $0.52 and the low estimate is $0.52. The average estimate for the next quarter is thus $0.52.
