HDFC Bank Ltd. ADR [NYSE: HDB] stock went on a downward path that fall over -3.84% on Wednesday, amounting to a one-week price increase of more than 4.15%.
Over the last 12 months, HDB stock rose by 22.42%. The one-year HDFC Bank Ltd. ADR stock forecast points to a potential upside of 5.4. The average equity rating for HDB stock is currently 1.31, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $184.39 billion, with 2.55 billion shares outstanding and 2.55 billion shares in the current float. Compared to the average trading volume of 3.11M shares, HDB stock reached a trading volume of 4270994 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on HDFC Bank Ltd. ADR [HDB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for HDB shares is $76.42 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on HDB stock is a recommendation set at 1.31. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Nomura have made an estimate for HDFC Bank Ltd. ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on January 23, 2025. The new note on the price target was released on July 22, 2024, representing the official price target for HDFC Bank Ltd. ADR stock.
The Average True Range (ATR) for HDFC Bank Ltd. ADR is set at 2.04, with the Price to Sales ratio for HDB stock in the period of the last 12 months amounting to 3.31. The Price to Book ratio for the last quarter was 3.14.
HDB Stock Performance Analysis:
HDFC Bank Ltd. ADR [HDB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 4.15. With this latest performance, HDB shares gained by 9.86% in over the last four-week period, additionally plugging by 18.76% over the last 6 months – not to mention a rise of 22.42% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HDB stock in for the last two-week period is set at 65.88, with the RSI for the last a single of trading hit 65.21, and the three-weeks RSI is set at 65.21 for HDFC Bank Ltd. ADR [HDB]. The present Moving Average for the last 50 days of trading for this stock 63.66, while it was recorded at 72.51 for the last single week of trading, and 62.57 for the last 200 days.
Insight into HDFC Bank Ltd. ADR Fundamentals:
HDFC Bank Ltd. ADR’s liquidity data is similarly interesting compelling, with a Current Ratio set at 0.27.
HDB Stock EPS
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for HDB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for HDFC Bank Ltd. ADR go to 13.60%.
HDFC Bank Ltd. ADR [HDB] Institutonal Ownership Details
There are presently around $14.27%, or 14.27%% of HDB stock, in the hands of institutional investors. The top three institutional holders of HDB stocks are: MORGAN STANLEY with ownership of 16.84 million shares, which is approximately 0.2207%. FIL LTD, holding 13.98 million shares of the stock with an approximate value of $$899.08 million in HDB stocks shares; and FIL LTD, currently with $$839.33 million in HDB stock with ownership which is approximately 0.171%.
