HDFC Bank Limited (NYSE: HDB) is a large banking and financial services company. The company is scheduled to report its quarterly earnings on April 17, 2026, before the market opens. Wall Street's consensus estimate for HDFC Bank's earnings per share is $0.39, with revenue projected to be approximately $5.1 billion.
Leading up to the earnings announcement, HDFC Bank experienced a significant 21.8% drop in short interest during March, as highlighted by Defense World. Short interest is the total number of shares that investors have sold short, betting that the stock's price will decline. The total fell from 10.41 million shares to 8.14 million shares.
On Wednesday, the stock opened at $26.78, which is below its 50-day moving average price of $29.24 and its 200-day moving average of $33.10. The company has a market capitalization of $136.62 billion. Its stock has traded between a 12-month low of $23.91 and a high of $39.81.
The company's valuation includes a trailing price-to-earnings (P/E) ratio of 18.12. This metric compares the company's stock price to its earnings per share. HDFC Bank also has a price-to-sales ratio of 2.88 and provides an earnings yield of 5.52%, which shows the earnings generated for each dollar invested in the stock.
Despite the drop in short interest, Weiss Ratings recently downgraded HDFC Bank shares from a "hold (c-)" to a "sell (d+)" rating. In a separate event, a filing disclosed that Representative Josh Gottheimer sold shares of the bank on March 12th in a transaction valued between $1,000 and $15,000.
