During the recent session, ICICI Bank Ltd. ADR (NYSE:IBN)’s traded shares were 1.52 million, with the beta value of the company hitting 0.64. At the last check today, the stock’s price was $32.99, reflecting an intraday loss of -2.40% or -$0.81. The 52-week high for the IBN share is $34.33, that puts it down -4.06 from that peak though still a striking 23.86% gain since the share price plummeted to a 52-week low of $25.12. The company’s market capitalization is $117.54B, and the average trade volume was 5.37 million shares over the past three months.
ICICI Bank Ltd. ADR (NYSE:IBN) trade information
ICICI Bank Ltd. ADR (IBN) registered a -2.40% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -2.40% in intraday trading to $32.99, hitting a weekly high. The stock’s 5-day price performance is -1.58%, and it has moved by 9.38% in 30 days. Based on these gigs, the overall price performance for the year is 19.92%.
ICICI Bank Ltd. ADR (IBN) estimates and forecasts
In the rating firms’ projections, revenue will decrease -40.76% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 280.52B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 289.69B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 265.55B and 272.25B respectively. In this case, analysts expect current quarter sales to grow by 5.64% and then jump by 6.41% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 32.61%. While earnings are projected to return 7.63% in 2025, the next five years will return 12.18% per annum.
IBN Dividends
ICICI Bank Ltd. ADR is due to release its next quarterly earnings in June. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for ICICI Bank Ltd. ADR is 0.24, with the dividend yield indicating at 0.72 percent, continuing the trend of increasing dividends in recent years.
The next largest institutional holding, with 56.72 million shares, is of MORGAN STANLEY’s that is approximately 0.8069% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $1.63 billion.
Also, the Mutual Funds coming in first place with the largest holdings of ICICI Bank Ltd. ADR (IBN) shares are Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. and INVESTMENT MANAGERS SERIES TRUST-WCM Focused International Growth Fund . Data provided on Jan 31, 2025 indicates that Goldman Sachs TRT II-Goldman Sachs GQG Part. Intl Opportunities Fd. owns about 35.0 shares. This amounts to just over 0.98 percent of the company’s overall shares, with a $1.16 billion market value. The same data shows that the other fund manager holds slightly less at 13.53, or about 0.38% of the stock, which is worth about $446.68 million.
