HSBC (HSBC Holdings plc ADR) stock is in for a key growth catalyst

HSBC Holdings plc ADR (NYSE: HSBC) closed the day trading at $37.88 down -3.44% from the previous closing price of $39.23. In other words, the price has decreased by $+0.20 from its previous closing price. On the day, 2194177 shares were traded.

Ratios:

For a better understanding of HSBC, let’s look at its different ratios. 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 143.25B. As of this moment, HSBC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.67, and their Forward P/E ratio for the next fiscal year is 6.12. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.61 while its Price-to-Book (P/B) ratio in mrq is 0.87.

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 39.34, while the 200-Day Moving Average is calculated to be 38.99.

Shares Statistics:

Over the past 3-months, HSBC traded about 2.23M shares per day on average, while over the past 10 days, HSBC traded about 2.99M shares per day. 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 Feb 15, 2024 were 10.2M with a Short Ratio of 4.58, compared to 10.9M on Jan 12, 2024.

Dividends & Splits

HSBC’s forward annual dividend rate is 1.00, up from 0.61 a year ago. Against a Trailing Annual Dividend Yield of 1.62%, it implies a Forward Annual Dividend Yield of 8.04%. 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

Current recommendations for the stock of the company come from 0 analysts. 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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