NYSE:HDB - HDFC Bank Stock Price, Forecast & News

HDFC Bank trades on the New York Stock Exchange (NYSE) under the ticker symbol "HDB."

HDFC Bank Limited (NYSE:HDB) announced its quarterly earnings results on Monday, July, 30th. The bank reported $0.78 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.00. HDFC Bank had a net margin of 18.25% and a return on equity of 14.02%. View HDFC Bank's Earnings History.

HDFC Bank is scheduled to release their next quarterly earnings announcement on Friday, February 28th 2020. View Earnings Estimates for HDFC Bank.

2 equities research analysts have issued 1 year price objectives for HDFC Bank's stock. Their forecasts range from $128.63 to $128.63. On average, they anticipate HDFC Bank's share price to reach $128.63 in the next twelve months. This suggests a possible upside of 133.9% from the stock's current price. View Analyst Price Targets for HDFC Bank.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for HDFC Bank in the last year. There are currently 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for HDFC Bank.

Media coverage about HDB stock has been trending extremely negative on Friday, according to InfoTrie. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. HDFC Bank earned a news sentiment score of -4.2 on InfoTrie's scale. They also assigned news articles about the bank a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future. View News Stories for HDFC Bank.

Some companies that are related to HDFC Bank include Royal Bank of Canada (RY), Toronto-Dominion Bank (TD), Mitsubishi UFJ Financial Group (MUFG), BNP PARIBAS/S (BNPQY), Banco Santander (SAN), Westpac Banking (WBK), ANZ (ANZBY), ICICI Bank (IBN), Lloyds Banking Group (LYG), Bank of Montreal (BMO), Sumitomo Mitsui Financial Grp (SMFG), HANG SENG BK LT/S (HSNGY), ING Groep (ING), CR AGRICOLE S A/ADR (CRARY) and Barclays (BCS).

Based on aggregate information from My MarketBeat watchlists, some companies that other HDFC Bank investors own include Alibaba Group (BABA), NVIDIA (NVDA), Tata Motors (TTM), Alphabet (GOOG), Netflix (NFLX), Walt Disney (DIS), salesforce.com (CRM), Visa (V), Tesla (TSLA) and Accenture (ACN).

HDFC Bank's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include FMR LLC (1.36%), WCM Investment Management LLC (1.20%), GQG Partners LLC (1.01%), Capital Research Global Investors (0.77%), Fiera Capital Corp (0.53%) and Artisan Partners Limited Partnership (0.31%).

HDB stock was sold by a variety of institutional investors in the last quarter, including Jennison Associates LLC, Schroder Investment Management Group, Artisan Partners Limited Partnership, Russell Investments Group Ltd., Northcape Capital Pty Ltd, Goldman Sachs Group Inc., Sustainable Growth Advisers LP and Sei Investments Co..

HDB stock was bought by a variety of institutional investors in the last quarter, including FMR LLC, Samlyn Capital LLC, Fiera Capital Corp, Barclays PLC, Sands Capital Management LLC, Loomis Sayles & Co. L P, Alliancebernstein L.P. and Banco Santander S.A..

Shares of HDB can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

One share of HDB stock can currently be purchased for approximately $54.99.

HDFC Bank has a market capitalization of $99.84 billion and generates $16.56 billion in revenue each year. The bank earns $3.18 billion in net income (profit) each year or $1.66 on an earnings per share basis. HDFC Bank employs 98,061 workers across the globe.View Additional Information About HDFC Bank.

The official website for HDFC Bank is http://www.hdfcbank.com/.

HDFC Bank's mailing address is Senapati Bapat Marg Lower Parel, Mumbai K7, 400013. The bank can be reached via phone at 91-22-6652-1000 or via email at [email protected]