High growth, ROE and relative strength for NYSE:HSBC, growth investors may appreciate this.

Last update: Dec 4, 2023

Groth investors are looking for stocks showing high revenue and EPS growth. We will have a look here to see if HSBC HOLDINGS PLC-SPONS ADR (NYSE:HSBC) is suited for growth investing. Investors should of course do their own research, but we spotted HSBC HOLDINGS PLC-SPONS ADR showing up in our CANSLIM growth screen, so it may be worth spending some more time on it.

Looking into the canslim metrics of HSBC HOLDINGS PLC-SPONS ADR

The EPS of HSBC HOLDINGS PLC-SPONS ADR has exhibited growth from one quarter to another (Q2Q), with a 78.95% increase. This underscores the company's ability to generate higher earnings and improve its financial standing.
HSBC HOLDINGS PLC-SPONS ADR has experienced 59.28% q2q revenue growth, indicating a significant sales increase.
The EPS of HSBC HOLDINGS PLC-SPONS ADR has shown consistent growth over a 3-year period, indicating the company's ability to generate increasing earnings over time.
In terms of Return on Equity(ROE), HSBC HOLDINGS PLC-SPONS ADR is performing well, achieving a 19.41% ratio. This highlights the company's effective allocation of shareholder investments and signifies its commitment to maximizing returns.
The Relative Strength (RS) of HSBC HOLDINGS PLC-SPONS ADR has been consistently solid, with a current 87.22 rating. This highlights the stock's ability to exhibit sustained price strength and signifies its competitive advantage. HSBC HOLDINGS PLC-SPONS ADR exhibits strong prospects for further price appreciation.
Maintaining a Debt-to-Equity ratio of 1.74, HSBC HOLDINGS PLC-SPONS ADR demonstrates a conservative financial approach. This signifies the company's focus on minimizing debt burdens while preserving a solid equity position.
With 1.55% of the total shares held by institutional investors, HSBC HOLDINGS PLC-SPONS ADR showcases a healthy distribution of ownership. This suggests a mix of institutional and retail investors, fostering a dynamic market for the stock.

Insights from Technical Analysis

ChartMill assigns a proprietary Technical Rating to each stock. The score is computed daily by evaluating various technical indicators and properties. The score ranges from 0 to 10.

Overall HSBC gets a technical rating of 4 out of 10. Although HSBC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Looking at the yearly performance, HSBC did better than 87% of all other stocks.
HSBC is one of the better performing stocks in the Banks industry, it outperforms 94% of 419 stocks in the same industry.
The long and short term trends are both neutral. This gives a pretty neutral overall picture!
HSBC is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so HSBC is lagging the market.
In the last month HSBC has a been trading in a tight range between 36.63 and 38.80.

For an up to date full technical analysis you can check the technical report of HSBC

A complete fundamental analysis of NYSE:HSBC

As part of its analysis, ChartMill provides a comprehensive Fundamental Rating for each stock. This rating, ranging from 0 to 10, is updated on a daily basis and is based on the evaluation of various fundamental indicators and properties.

Taking everything into account, HSBC scores 3 out of 10 in our fundamental rating. HSBC was compared to 419 industry peers in the Banks industry. HSBC has a medium profitability rating, but doesn't score so well on its financial health evaluation. HSBC has a correct valuation and a medium growth rate.

For an up to date full fundamental analysis you can check the fundamental report of HSBC

More ideas for growth investing can be found on ChartMill in our CANSLIM screen.

Keep in mind

This article should in no way be interpreted as advice in any way. The article is based on the observed metrics at the time of writing, but you should always make your own analysis and trade or invest at your own responsibility.