In the case of HDFC Bank Limited (NYSE: HDB), what’s next?

HDFC Bank Limited (NYSE: HDB) closed the day trading at $70.49 up 1.50% from the previous closing price of $69.45. In other words, the price has increased by $+1.04 from its previous closing price. On the day, 1253155 shares were traded. HDB stock price reached its highest trading level at $70.49 during the session, while it also had its lowest trading level at $68.78.

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For a better understanding of HDB, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 6.12 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 17.64. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.62.

Upgrades & Downgrades

Valuation Measures:

As of this moment, HDFC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.51, and their Forward P/E ratio for the next fiscal year is 20.43. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.86 while its Price-to-Book (P/B) ratio in mrq is 4.22.

Stock Price History:

Over the past 52 weeks, HDB has reached a high of $71.24, while it has fallen to a 52-week low of $50.61. The 50-Day Moving Average of the stock is 68.15, while the 200-Day Moving Average is calculated to be 61.34.

Shares Statistics:

Over the past 3-months, HDB traded about 1.24M shares per day on average, while over the past 10 days, HDB traded about 1.27M shares per day. A total of 1.85B shares are outstanding, with a floating share count of 1.83B. Shares short for HDB as of Oct 13, 2022 were 1.89M with a Short Ratio of 3.48M, compared to 3.69M on Sep 14, 2022.

Dividends & Splits

HDB’s forward annual dividend rate is 0.58, up from 6.50 a year ago. Against a Trailing Annual Dividend Yield of 9.36%, it implies a Forward Annual Dividend Yield of 0.95%. The current Payout Ratio is 0.00% for HDB, which recently paid a dividend on Jul 26, 2022 with an ex-dividend date of May 10, 2022. Stock splits for the company last occurred on Sep 25, 2019 when the company split stock in a 2:1 ratio.

Earnings Estimates

Current recommendations for the stock of the company come from 1 analysts. On average, analysts expect EPS of $0.7 for the current quarter, with a high estimate of $0.7 and a low estimate of $0.7, while EPS last year was $0.66. The consensus estimate for the next quarter is $0.79, with high estimates of $0.79 and low estimates of $0.79.

Analysts are recommending an EPS of between $3.02 and $2.86 for the fiscal current year, implying an average EPS of $2.94. EPS for the following year is $3.51, with 2 analysts recommending between $3.64 and $3.38.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for HDB’s current fiscal year. The highest revenue estimate was $14.29B, while the lowest revenue estimate was $14.29B, resulting in an average revenue estimate of $14.29B. In the same quarter a year ago, actual revenue was $14.65B, down -2.50% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $16.93B in the next fiscal year. The high estimate is $16.93B and the low estimate is $16.93B. The average revenue growth estimate for next year is up 18.50% from the average revenue estimate for this year.