ICICI Bank Ltd. ADR (NYSE:IBN) does about 5.54M shares in volume on a normal day but saw 2977211 shares change hands in the recent trading day. The company now has a market cap of 107.74B USD. Its current market price is $30.54, marking a decrease of -0.03% compared to the previous close of $30.55. The 52 week high reached by this stock is $31.60 whilst the lowest price level in 52 weeks is $22.07.
ICICI Bank Ltd. ADR (IBN) has a 20-day trading average at $30.23 and the current price is -3.35% off the 52-week high compared with 38.38% distance from its 52-week low. The 50-day simple moving average of the closing price is $30.06 and its 200-day simple moving average is $28.10. If we look at the stock’s price movements over the week, volatility stands at 0.82%, which increases to 1.14% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 54.35 to suggest the stock is neutral.
The consensus objective for the share price is $35.13, suggesting that the stock has a potential upside of 13.07% over the period.
The current price level is 1.02%, 1.61%, and 8.70% away from its SMA20, SMA50, and SMA200 respectively, with the IBN price moving above the 50-day SMA on current market day. ICICI Bank Ltd. ADR (IBN) stock is down -0.72% over the week and 0.43% over the past month. Its price is 28.10% year-to-date and 37.75% over the past year.
The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of 0.35 above consensus estimates by 0.01. The company’s next earnings report forecasts estimating quarterly EPS at 0.36 and 1.52 for whole year. Expected sales for next quarter are $285.3B, which analysts say will come at $1.11T for the current fiscal year and next year at $1.26T. In addition, estimates put the company’s current quarterly revenue at an average of $276.51B.
To reach the target analysts have set, the stock logically needs to grow 13.07 percent from here.
Outstanding shares total 3.53B with insiders holding 0.18% of the shares and institutional holders owning 19.43% of the company’s common stock. The company has a return on investment of 9.52% and return on equity of 18.52%. The price to earnings ratio (P/E ratio) amounts to 19.25 while the forward price to earnings ratio is 17.79. The beta has a value of 1.00. Price to book ratio is 3.22 and price to sales ratio is 3.37.
