HDFC Bank (HDB) Stock Price, News & Analysis

Company Overview

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. The company also provides personal, home, car, two-wheeler, business, doctor, educational, gold, consumer, and rural loans; loans against properties, securities, fixed deposits, rental receivables, and assets; loans for professionals; government sponsored programs; and loans on credit card, as well as working capital and commercial/construction equipment finance, healthcare/medical equipment and commercial vehicle finance, dealer finance, and term loans. In addition, it offers credit, debit, prepaid, and forex cards; payment and collection, export, import, remittance, bank guarantee, letter of credit, trade, hedging, and merchant and cash management services; insurance and investment products. Further, the company provides short term finance, bill discounting, structured finance, export credit, loan repayment, and documents collection services; online and wholesale, mobile, and phone banking services; unified payment interface, immediate payment, national electronic funds transfer, and real time gross settlement services; and channel financing, vendor financing, reimbursement account, money market, derivatives, employee trusts, cash surplus corporates, tax payment, and bankers to rights/public issue services, as well as financial solutions for supply chain partners and agricultural customers. It operates branches and automated teller machines in various cities/towns. The company was incorporated in 1994 and is headquartered in Mumbai, India.

Key Stats

• Today's Range: $63.41 to $64.44
• 50-Day Range: $60.87 to $68.01
• 52-Week Range: $52.16 to $68.50
• Volume: 2.45 million shs
• Average Volume: 3.01 million shs
• Market Capitalization: $162.73 billion
• P/E Ratio: 19.53
• Dividend Yield: 0.92%
• Price Target: N/A
• Consensus Rating: Hold

HDFC Bank Stock Analysis - MarketRank™

HDFC Bank scored higher than 47% of companies evaluated by MarketBeat, and ranked 654th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for HDFC Bank.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 12.38%

Earnings Growth

Earnings for HDFC Bank are expected to grow by 12.38% in the coming year, from $3.15 to $3.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of HDFC Bank is 19.53, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 112.79.

Price to Earnings Ratio vs. Sector

The P/E ratio of HDFC Bank is 19.53, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 24.73.

Price to Earnings Growth Ratio

HDFC Bank has a PEG Ratio of 1.79. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

HDFC Bank has a P/B Ratio of 1.72. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 4.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.69% of the outstanding shares of HDFC Bank have been sold short.

Short Interest Ratio / Days to Cover

HDFC Bank has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in HDFC Bank has recently decreased by 10.05%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

HDFC Bank has a dividend yield of 0.90%, which is in the bottom 25% of all stocks that pay dividends.

Dividend Growth

HDFC Bank does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of HDFC Bank is 17.93%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, HDFC Bank will have a dividend payout ratio of 16.67% next year. This indicates that HDFC Bank will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.69% of the outstanding shares of HDFC Bank have been sold short.

Short Interest Ratio / Days to Cover

HDFC Bank has a short interest ratio ("days to cover") of 6.3.

Change versus previous month

Short interest in HDFC Bank has recently decreased by 10.05%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 2.0 / 5
• News Sentiment: 0.56

News Sentiment

HDFC Bank has a news sentiment score of 0.56. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.74 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 7 news articles for HDFC Bank this week, compared to 10 articles on an average week.

Search Interest

Only 1 people have searched for HDB on MarketBeat in the last 30 days. This is a decrease of -86% compared to the previous 30 days.

MarketBeat Follows

8 people have added HDFC Bank to their MarketBeat watchlist in the last 30 days. This is an increase of 33% compared to the previous 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, HDFC Bank insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 1.00% of the stock of HDFC Bank is held by insiders.

Percentage Held by Institutions

Only 17.61% of the stock of HDFC Bank is held by institutions.

HDB Stock Analysis - Frequently Asked Questions

How have HDB shares performed this year?

HDFC Bank's stock was trading at $67.11 at the beginning of 2024. Since then, HDB stock has decreased by 4.2% and is now trading at $64.26.
View the best growth stocks for 2024 here.

How were HDFC Bank's earnings last quarter?

HDFC Bank Limited (NYSE:HDB) released its quarterly earnings results on Saturday, October, 19th. The bank reported $0.85 earnings per share for the quarter, topping analysts' consensus estimates of $0.76 by $0.09. The bank earned $9.21 billion during the quarter, compared to analyst estimates of $4.84 billion. HDFC Bank had a trailing twelve-month return on equity of 12.49% and a net margin of 14.48%.

Who are HDFC Bank's major shareholders?

Top institutional shareholders of HDFC Bank include Temasek Holdings Private Ltd (0.33%), Baillie Gifford & Co. (0.33%), FMR LLC (0.27%) and Franklin Resources Inc. (0.27%).

How do I buy shares of HDFC Bank?

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

What other stocks do shareholders of HDFC Bank own?

Based on aggregate information from My MarketBeat watchlists, some other companies that HDFC Bank investors own include Waste Connections (WCN), The RMR Group (RMR), iShares Micro-Cap ETF (IWC), DiamondRock Hospitality (DRH), American Water Works (AWK), AUO (AUOTY) and Triple Flag Precious Metals (TFPM).

Company Calendar

• Last Earnings: 10/19/2024
• Today: 12/22/2024
• Fiscal Year End: 3/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Finance
• Industry: Commercial banks, not elsewhere classified
• Sub-Industry: Banking
• Current Symbol: NYSE:HDB
• CUSIP: N/A
• CIK: 1144967
• Web: www.hdfcbank.com
• Phone: 912266521000
• Fax: 91-22-2496-0737
• Employees: 213,527
• Year Founded: 1994

Profitability

• EPS (Most Recent Fiscal Year): $3.29
• Trailing P/E Ratio: 19.53
• Forward P/E Ratio: 20.40
• P/E Growth: 1.79
• Net Income: $7.47 billion
• Net Margins: 14.48%
• Pretax Margin: 16.48%
• Return on Equity: 12.49%
• Return on Assets: 1.69%

Debt

• Debt-to-Equity Ratio: 1.34
• Current Ratio: 0.53
• Quick Ratio: 0.53

Sales & Book Value

• Annual Sales: $2.36 trillion
• Price / Sales: 0.07
• Cash Flow: $3.24 per share
• Price / Cash Flow: 19.82
• Book Value: $37.37 per share
• Price / Book: 1.72

Miscellaneous

• Outstanding Shares: 2,532,304,000
• Free Float: 2,506,981,000
• Market Cap: $162.73 billion
• Optionable: Optionable
• Beta: 0.92