HDFC Bank (NYSE:HDB - Get Free Report) is projected to release its Q1 25/26 earnings data before the market opens on Friday, July 18th. Analysts expect HDFC Bank to post earnings of $0.76 per share and revenue of $5.03 billion for the quarter.
HDFC Bank (NYSE:HDB - Get Free Report) last issued its quarterly earnings data on Saturday, April 19th. The bank reported $0.85 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.11. The firm had revenue of $5.04 billion during the quarter, compared to the consensus estimate of $434.68 billion. HDFC Bank had a net margin of 15.02% and a return on equity of 13.85%. On average, analysts expect HDFC Bank to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
HDFC Bank Stock Performance
HDB stock traded down $0.68 during mid-day trading on Friday, hitting $76.00. 998,720 shares of the company were exchanged, compared to its average volume of 2,707,226. The business has a 50 day simple moving average of $74.69 and a 200-day simple moving average of $67.30. The company has a current ratio of 0.07, a quick ratio of 0.09 and a debt-to-equity ratio of 1.26. The stock has a market capitalization of $192.45 billion, a PE ratio of 23.03, a price-to-earnings-growth ratio of 1.87 and a beta of 0.64. HDFC Bank has a 1-year low of $57.24 and a 1-year high of $78.14.
Institutional Investors Weigh In On HDFC Bank
An institutional investor recently raised its position in HDFC Bank stock. Goldman Sachs Group Inc. increased its holdings in HDFC Bank Limited (NYSE:HDB - Free Report) by 1.5% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 883,855 shares of the bank's stock after buying an additional 13,435 shares during the period. Goldman Sachs Group Inc.'s holdings in HDFC Bank were worth $58,723,000 as of its most recent filing with the Securities and Exchange Commission. 17.61% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded shares of HDFC Bank from a "sell" rating to a "hold" rating in a research report on Wednesday, May 14th.
View Our Latest Research Report on HDB
HDFC Bank Company Profile
(
Get Free Report)
HDFC Bank Limited provides banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in three segments: Wholesale Banking, Retail Banking, and Treasury Services. It accepts savings, salary, current, rural, public provident fund, pension, and demat accounts; fixed and recurring deposits; and safe deposit lockers, as well as offshore accounts and deposits, and overdrafts against fixed deposits.
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