Honda Motor Co Ltd (NYSE:HMC) has earned a consensus recommendation of “Hold” from the five research firms that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation and one has given a buy recommendation to the company.
A number of equities analysts recently issued reports on HMC shares. Nomura raised shares of Honda Motor from a “neutral” rating to a “buy” rating in a report on Tuesday, February 19th. ValuEngine cut shares of Honda Motor from a “sell” rating to a “strong sell” rating in a research note on Wednesday, February 13th. TheStreet cut shares of Honda Motor from a “b” rating to a “c+” rating in a research note on Wednesday, May 8th. Finally, Zacks Investment Research upgraded shares of Honda Motor from a “sell” rating to a “hold” rating in a research note on Friday, May 10th.
Shares of HMC traded down $0.14 on Friday, reaching $25.63. The company’s stock had a trading volume of 640,021 shares, compared to its average volume of 582,480. The company has a current ratio of 1.23, a quick ratio of 0.95 and a debt-to-equity ratio of 0.48. The company has a market cap of $45.93 billion, a price-to-earnings ratio of 8.21, a PEG ratio of 0.95 and a beta of 0.94. Honda Motor has a 12-month low of $25.30 and a 12-month high of $33.31.
Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Wednesday, May 8th. The company reported ($0.07) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.60). The business had revenue of $4,049.10 billion during the quarter, compared to analysts’ expectations of $4,011.69 billion. Honda Motor had a return on equity of 6.97% and a net margin of 3.92%. The business’s quarterly revenue was up 3.4% compared to the same quarter last year. During the same period in the previous year, the business posted $60.59 EPS. As a group, analysts predict that Honda Motor will post 3.75 EPS for the current fiscal year.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Jane Street Group LLC raised its position in shares of Honda Motor by 27.9% during the first quarter. Jane Street Group LLC now owns 23,897 shares of the company’s stock valued at $649,000 after buying an additional 5,214 shares during the last quarter. HighTower Advisors LLC raised its position in shares of Honda Motor by 6.9% during the first quarter. HighTower Advisors LLC now owns 16,715 shares of the company’s stock valued at $459,000 after buying an additional 1,079 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. raised its position in shares of Honda Motor by 8.7% during the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 12,141 shares of the company’s stock valued at $331,000 after buying an additional 967 shares during the last quarter. One Wealth Advisors LLC bought a new stake in shares of Honda Motor during the first quarter valued at approximately $134,000. Finally, Natixis Advisors L.P. raised its position in shares of Honda Motor by 9.8% during the first quarter. Natixis Advisors L.P. now owns 434,296 shares of the company’s stock valued at $11,800,000 after buying an additional 38,807 shares during the last quarter. Institutional investors own 2.10% of the company’s stock.
Honda Motor Company Profile
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.
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