HSBC Holdings plc ADR (HSBC) Rise 0.74% in Day Trading, Closes at $38.36

The price of HSBC Holdings plc ADR (NYSE: HSBC) closed at $38.36 in the last session, up 0.74% from day before closing price of $38.08. In other words, the price has increased by $+0.28 from its previous closing price. On the day, 2929733 shares were traded.

Ratios:

We take a closer look at HSBC’s different ratios to gain a better understanding of the stock. In the meantime, Its Debt-to-Equity ratio is 2.55 whereas as Long-Term Debt/Eq ratio is at 0.70.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, HSBC now has a Market Capitalization of 143.95B. As of this moment, HSBC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.76, and their Forward P/E ratio for the next fiscal year is 6.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.31. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.64 while its Price-to-Book (P/B) ratio in mrq is 0.88.

Stock Price History:

Over the past 52 weeks, HSBC has reached a high of $42.47, while it has fallen to a 52-week low of $32.40. The 50-Day Moving Average of the stock is 39.41, while the 200-Day Moving Average is calculated to be 38.96.

Shares Statistics:

According to the various share statistics, HSBC traded on average about 2.08M shares per day over the past 3-months and 2.74M shares per day over the past 10 days. A total of 3.85B shares are outstanding, with a floating share count of 3.81B. Insiders hold about 0.00% of the company’s shares, while institutions hold 1.53% stake in the company. Shares short for HSBC as of Jan 31, 2024 were 10.9M with a Short Ratio of 5.16, compared to 8.85M on Dec 29, 2023.

Dividends & Splits

The forward annual dividend rate for HSBC is 1.00, which was 0.61 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 1.60%, it implies a Forward Annual Dividend Yield of 7.94%. The stock’s 5-year Average Dividend Yield is 6.08. The current Payout Ratio is 52.62% for HSBC, which recently paid a dividend on Apr 25, 2024 with an ex-dividend date of Mar 07, 2024. Stock splits for the company last occurred on Jul 07, 1999 when the company split stock in a 6:1 ratio.

Earnings Estimates

The company has 0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

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