With 1.37 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.16 million shares. During the session, the Banks – Diversified company that operates in wider Financial sector, reached to the highest price of $53.43 whereas the lowest price it dropped to was $53.03. The 52-week range on HSBC shows that it touched its highest point at $53.06 and its lowest point at $36.08 during that stretch. It currently has a 1-year price target of $56.00. With its current market cap of 189.62 billion, HSBC has annualized dividend of $3.05 while the current yield stands at 5.74%. HSBC paid its most recent dividend on 1731024000, while the ex-dividend date for that was 1731024000. Beta for the stock currently stands at 0.52.
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 HSBC was up-trending over the past week, with a rise of 1.28%, but this was up by 8.70% over a month. Three-month performance surged to 12.33% while six-month performance rose 30.18%. The stock gained 35.93% in the past year, while it has gained 7.36% so far this year. A look at the trailing 12-month EPS for HSBC yields 6.06 with Next year EPS estimates of 6.32. For the next quarter, that number is 1.29. This implies an EPS growth rate of 12.63% for this year and -1.63% for next year. EPS is expected to grow by 5.37% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 12.69%.
Float and Shares Shorts:
At present, 3.65 billion HSBC shares are outstanding with a float of 3.57 billion shares on hand for trading. On 2025-01-15, short shares totaled 6.7 million, which was 21.0 higher than short shares on 1734048000. In addition to Mr. Georges Bahjat Elhedery as the firm’s CEO, Member of the Group Management Board & Executive Director, Ms. Manveen Pam Kaur serves as its Group CFO, Member of the Group Management Board & Executive Director.
Institutional Ownership:
Through their ownership of 0.01611 of HSBC’s outstanding shares, institutional investors have minority control over the company.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for HSBC since 6 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With HSBC analysts setting a high price target of 60.08 and a low target of 57.0, the average target price over the next 12 months is 58.54. Based on these targets, HSBC could surge 13.15% to reach the target high and rise by 7.34% to reach the target low. Reaching the average price target will result in a growth of 10.24% from current levels.
Analysts have provided yearly estimates in a range of $6.61219 being high and $6.3042 being low. For HSBC, this leads to a yearly average estimate of $6.4197. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
