News articles about HSBC Holdings PLC (NYSE:HSBC) have been trending somewhat positive this week, Accern Sentiment reports. Accern rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores closest to one being the most favorable. HSBC Holdings PLC earned a media sentiment score of 0.09 on Accern’s scale. Accern also assigned news articles about the financial services provider an impact score of 45.686745120249 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.
Here are some of the media headlines that may have impacted Accern’s rankings:
- American Trust Investment Advisors LLC Has $340000 Position in HSBC Holdings PLC (bulhufas.com)
- Enterprise Financial Services Corp Acquires 19 Shares of HSBC Holdings PLC (newstrendstoday.com)
- Traynor Capital Management Inc. Buys Shares of 6927 HSBC Holdings PLC (topactu.net)
- HSBC Holdings, plc. (HSBC) Stake Decreased by Matthews International Capital Management LLC (campdesrecrues.com)
- Could Hsbc Holdings Plc (NYSE:HSBC) Change Direction After Less Shorts? (footballhebdo.com)
Shares of HSBC Holdings PLC (HSBC) opened at 47.77 on Friday. The company’s 50-day moving average is $47.98 and its 200 day moving average is $43.59. The stock has a market capitalization of $193.65 billion, a P/E ratio of 97.49 and a beta of 0.89. HSBC Holdings PLC has a 52 week low of $35.24 and a 52 week high of $50.86.
HSBC Holdings PLC (NYSE:HSBC) last posted its quarterly earnings data on Monday, July 31st. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.87 by $0.08. The company had revenue of $13.17 billion for the quarter. HSBC Holdings PLC had a net margin of 1.42% and a return on equity of 2.08%. On average, equities analysts forecast that HSBC Holdings PLC will post $2.95 EPS for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, August 4th will be paid a dividend of $0.50 per share. The ex-dividend date of this dividend is Wednesday, August 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.19%. HSBC Holdings PLC’s dividend payout ratio is currently 400.01%.
Several research firms have weighed in on HSBC. Zacks Investment Research upgraded shares of HSBC Holdings PLC from a “hold” rating to a “buy” rating and set a $56.00 target price on the stock in a report on Wednesday, August 2nd. BidaskClub raised shares of HSBC Holdings PLC from a “hold” rating to a “buy” rating in a research note on Monday, July 31st. Berenberg Bank downgraded shares of HSBC Holdings PLC from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th. Finally, Morgan Stanley raised shares of HSBC Holdings PLC from an “equal weight” rating to an “overweight” rating in a research note on Wednesday, June 28th. Seven investment analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $36.67.
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HSBC Holdings PLC Company Profile
HSBC Holdings plc (HSBC) is the banking and financial services company. The Company manages its products and services through four businesses: Retail Banking and Wealth Management (RBWM), Commercial Banking (CMB), Global Banking and Markets (GB&M), and Global Private Banking (GPB). It operates across various geographical regions, which include Europe, Asia, Middle East and North Africa, North America and Latin America.
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