- HDB has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $42.6 million.
- HDB has traded 190.2839999999999918145476840436458587646484375 options contracts today.
- HDB is making at least a new 3-day high.
- HDB has a PE ratio of 37.
- HDB is mentioned 0.42 times per day on StockTwits.
- HDB has not yet been mentioned on StockTwits today.
- HDB is currently in the upper 20% of its 1-year range.
- HDB is in the upper 35% of its 20-day range.
- HDB is in the upper 45% of its 5-day range.
- HDB is currently trading above yesterday's high.
'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention. EXCLUSIVE OFFER: Get the inside scoop on opportunities in HDB with the Ticky from Trade-Ideas. See the FREE profile for HDB NOW at Trade-Ideas More details on HDB: HDFC Bank Limited provides a range of banking and financial services to individuals and businesses in India, Bahrain, Hong Kong, and Dubai. The company operates in Treasury, Retail Banking, Wholesale Banking, and Other Banking Business segments. The stock currently has a dividend yield of 0.6%. HDB has a PE ratio of 37. Currently there are 2 analysts that rate HDFC Bank a buy, no analysts rate it a sell, and none rate it a hold. The average volume for HDFC Bank has been 802,800 shares per day over the past 30 days. HDFC has a market cap of $51.0 billion and is part of the financial sector and banking industry. Shares are down 1.4% year-to-date as of the close of trading on Wednesday. EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE. TheStreetRatings.com Analysis: TheStreet Quant Ratings rates HDFC Bank as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, expanding profit margins, growth in earnings per share and solid stock price performance. We feel its strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value. Highlights from the ratings report include:
- The revenue growth came in higher than the industry average of 5.3%. Since the same quarter one year prior, revenues rose by 18.2%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The company, on the basis of net income growth from the same quarter one year ago, has significantly outperformed against the S&P 500 and exceeded that of the Commercial Banks industry average. The net income increased by 15.9% when compared to the same quarter one year prior, going from $430.05 million to $498.30 million.
- The gross profit margin for HDFC BANK LTD is rather high; currently it is at 54.39%. Regardless of HDB's high profit margin, it has managed to decrease from the same period last year. Despite the mixed results of the gross profit margin, HDB's net profit margin of 18.39% compares favorably to the industry average.
- HDFC BANK LTD has improved earnings per share by 11.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. However, we anticipate underperformance relative to this pattern in the coming year. During the past fiscal year, HDFC BANK LTD increased its bottom line by earning $2.10 versus $1.83 in the prior year. For the next year, the market is expecting a contraction of 31.7% in earnings ($1.43 versus $2.10).
- After a year of stock price fluctuations, the net result is that HDB's price has not changed very much. Although its weak earnings growth may have played a role in this flat result, don't lose sight of the fact that the performance of the overall market, as measured by the S&P 500 Index, was essentially similar. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry. We feel, however, that the other strengths this company displays justify these higher price levels.
- You can view the full HDFC Bank Ratings Report.
EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.