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

HDFC Bank is scheduled to release their next quarterly earnings announcement on Friday, January 31st 2020. View Earnings Estimates for HDFC Bank.

2 analysts have issued 12-month price objectives for HDFC Bank's shares. Their forecasts range from $128.63 to $128.63. On average, they anticipate HDFC Bank's stock price to reach $128.63 in the next twelve months. This suggests a possible upside of 121.5% 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.

News articles about HDB stock have been trending somewhat negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. HDFC Bank earned a daily sentiment score of -1.4 on InfoTrie's scale. They also gave media headlines about the bank a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock'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), Lloyds Banking Group (LYG), Bank of Montreal (BMO), ANZ (ANZBY), Sumitomo Mitsui Financial Grp (SMFG), ICICI Bank (IBN), ING Groep (ING), HANG SENG BK LT/S (HSNGY), Banco Santander Brasil (BSBR) and CR AGRICOLE S A/ADR (CRARY).

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), Home Depot (HD), Honeywell International (HON), Netflix (NFLX), Paypal (PYPL), salesforce.com (CRM), Walt Disney (DIS) and Johnson & Johnson (JNJ).

HDFC Bank's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Coronation Fund Managers Ltd. (0.13%), Loring Wolcott & Coolidge Fiduciary Advisors LLP MA (0.08%), California Public Employees Retirement System (0.01%), Calamos Advisors LLC (0.01%), Zurcher Kantonalbank Zurich Cantonalbank (0.00%) and Deltec Asset Management LLC (0.00%).

HDB stock was sold by a variety of institutional investors in the last quarter, including Dubuque Bank & Trust Co., RBA Wealth Management LLC, Eqis Capital Management Inc., Commerzbank Aktiengesellschaft FI, DNB Asset Management AS, Raymond James Trust N.A., Diversified Trust Co and Winslow Evans & Crocker Inc..

HDB stock was purchased by a variety of institutional investors in the last quarter, including California Public Employees Retirement System, CWM LLC, Coronation Fund Managers Ltd., Loring Wolcott & Coolidge Fiduciary Advisors LLP MA, Mckinley Capital Management LLC Delaware, Paragon Advisors LLC, Hexavest Inc. and Harbour Capital Advisors LLC.

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 $58.06.

HDFC Bank has a market capitalization of $105.41 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]