Media headlines about HSBC Holdings PLC (NYSE:HSBC) have trended somewhat positive recently, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. HSBC Holdings PLC earned a daily sentiment score of 0.09 on Accern’s scale. Accern also assigned headlines about the financial services provider an impact score of 45.686745120249 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the next few days.
These are some of the headlines that may have impacted Accern Sentiment Analysis’s analysis:
- HSBC Holdings PLC (HSBC) Receives Average Rating of “Hold” from Brokerages (americanbankingnews.com)
- Form 6-K HSBC HOLDINGS PLC For: Aug 17 – StreetInsider.com (streetinsider.com)
- Investment Research Analysts Opinion: Occidental Petroleum Corporation (OXY), HSBC Holdings plc (vothemes.com)
- Analysts Set J Sainsbury plc (LON:SBRY) PT at $269.23 (fishinghd.com)
- Notable ETF Outflow Detected – PFF, HSBC, TMUS, DB (nasdaq.com)
Shares of HSBC Holdings PLC (NYSE:HSBC) traded up 0.25% during midday trading on Friday, hitting $47.33. 1,264,941 shares of the stock were exchanged. The stock’s 50-day moving average price is $48.44 and its 200 day moving average price is $43.77. The stock has a market cap of $191.87 billion, a P/E ratio of 96.59 and a beta of 0.89. HSBC Holdings PLC has a one year low of $35.42 and a one year 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 EPS for the quarter, beating analysts’ consensus estimates of $0.87 by $0.08. The company had revenue of $13.17 billion during the quarter. HSBC Holdings PLC had a net margin of 1.42% and a return on equity of 2.08%. On average, analysts anticipate that HSBC Holdings PLC will post $2.95 earnings per share for the current year.
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, September 20th. Stockholders of record on Friday, August 4th will be issued a $0.50 dividend. The ex-dividend date is Wednesday, August 2nd. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.23%. HSBC Holdings PLC’s dividend payout ratio is 400.01%.
HSBC has been the subject of several recent analyst reports. Zacks Investment Research upgraded shares of HSBC Holdings PLC from a “hold” rating to a “buy” rating and set a $49.00 price objective for the company in a research note on Thursday, May 11th. BidaskClub cut shares of HSBC Holdings PLC from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 15th. Morgan Stanley upgraded shares of HSBC Holdings PLC from an “equal weight” rating to an “overweight” rating in a report on Wednesday, June 28th. Finally, Berenberg Bank downgraded shares of HSBC Holdings PLC from a “buy” rating to a “hold” rating in a report on Wednesday, July 5th. Eight analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $36.67.
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About HSBC Holdings PLC
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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