Weekly Performance Analysis for HSBC Holdings plc (HSBC)

HSBC Holdings plc (NYSE:HSBC) saw an upside of 2.27% on Monday to $29.11 after adding $0.64. The 5-day average trading volume is 2,744,675 shares of the company’s common stock. It has gained $29.23 in the past week. An average of 2,666,689 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 2,155,542.

HSBC’s 1-month performance is 9.54% or $3.19 on its low of $24.31 reached on 09/20/21. The company’s shares have touched a 52-week low of $19.02 and high of $32.43, with the stock’s rally to the 52-week high happening on 05/28/21. YTD, HSBC has achieved 9.88% or $3.26. However, the current price is down -10.22%% from the 52-week high price.


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Valuation Metrics

The company’s PE ratio for the last five years has touched a high of 33.07 and a low of 10.45. HSBC stock has a beta of 0.63. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.14 while the price-to-book (PB) in the most recent quarter is 0.65.

HSBC Holdings plc pays an annual dividend of $1.09 per share. Its dividend yield is 3.74%. HSBC’s most recent quarterly dividend payment was made on Sep. 30, when it paid $0.35 a share compared with prior rate of $0.7450, down -112.86% from last year’s. The company latest dividend decrease of $0.3950 reported on Tuesday August 3 2021. Measured over the last 3 years, the Dividend has been growing by -100.00% yearly.

Earnings Surprise

HSBC stock balance sheet for the recent quarter shows that, with total debt at $569.63 billion

Technical Picture

Let’s look briefly at HSBC Holdings plc (HSBC) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 08 October was 79.08% to suggest the stock is trending Overbought, with historical volatility in this time period at 19.19%.

The stock’s 5-day moving average is $28.08, reflecting a +11.78% or $3.07 change from its current price. HSBC is currently trading +10.81% above its 20-day SMA, -7.41% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 and SMA200 by +5.82% and +12.08% respectively.

Stochastic %K and %D was 96.12% and 95.97% and the average true range (ATR) pointed at 0.63. The RSI (14) points at 71.23%, while the 14-day stochastic is at 98.58% with the period’s ATR at 0.59. The stock’s 9-day MACD Oscillator is pointing at 1.34 and 1.84 on the 14-day charts.

Analyst Ratings

In the most recent analyst report for HSBC Holdings plc (NYSE: HSBC), UBS upgraded it to a Buy rating. They previously had a Neutral rating on the stock. Analysts offering their rating for HSBC stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate HSBC as a “sell,”, while 2 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 0 rates the stock as overweight while 2 have offered a “buy” rating.

What is HSBC’s price target for the next 12 months?

Analysts have a consensus price target ranging from a low of $32.93 and a high of $32.93, with their median price target at $32.93. Looking at these predictions, the average price target given by analysts is for HSBC Holdings plc (HSBC) stock is $32.93.

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