Analysts Set Honda Motor Co., Ltd. (NYSE:HMC) Target Price at $25.00

Shares of Honda Motor Co., Ltd. (NYSE:HMC) have been given a consensus rating of “Reduce” by the six analysts that are currently covering the company, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is $25.00.

A number of research firms have recently issued reports on HMC. Zacks Research downgraded shares of Honda Motor from a “hold” rating to a “strong sell” rating in a report on Monday, April 6th. Weiss Ratings downgraded shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd. Morgan Stanley downgraded shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 11th. BNP Paribas Exane initiated coverage on shares of Honda Motor in a research note on Thursday, February 12th. They issued an “underperform” rating and a $25.00 price target for the company. Finally, Wall Street Zen raised shares of Honda Motor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th.

Honda Motor Stock Performance

NYSE HMC opened at $26.70 on Friday. Honda Motor has a 52-week low of $23.25 and a 52-week high of $34.89. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 1.28. The company has a market capitalization of $41.67 billion, a P/E ratio of -13.98, a P/E/G ratio of 4.64 and a beta of 0.44. The company has a fifty day moving average of $25.15 and a 200-day moving average of $27.94.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($4.24) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($5.74) by $1.50. Honda Motor had a negative net margin of 1.75% and a negative return on equity of 3.07%. The company had revenue of $36.81 billion during the quarter, compared to the consensus estimate of $32.99 billion. Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. As a group, equities research analysts predict that Honda Motor will post 0.93 EPS for the current fiscal year.

Institutional Trading of Honda Motor

Hedge funds have recently added to or reduced their stakes in the business. WealthCollab LLC lifted its stake in Honda Motor by 66.2% in the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock worth $26,000 after purchasing an additional 365 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new stake in Honda Motor in the third quarter worth $26,000. Newbridge Financial Services Group Inc. bought a new stake in Honda Motor in the second quarter worth $29,000. Lodestone Wealth Management LLC bought a new stake in Honda Motor in the fourth quarter worth $32,000. Finally, Sound Income Strategies LLC bought a new stake in Honda Motor in the fourth quarter worth $33,000. 5.32% of the stock is owned by institutional investors.

Honda Motor Company Profile

Honda Motor Co, Ltd. is a global manufacturer and mobility company headquartered in Minato, Tokyo, Japan, founded in 1948 by Soichiro Honda and Takeo Fujisawa. The company’s core businesses include the design, manufacture and sale of automobiles and motorcycles, along with a diverse portfolio of power products, engines and related components. Honda also operates in aviation through Honda Aircraft Company and offers financial services that support vehicle sales and leasing.

In automobiles, Honda is known for a range of passenger cars, crossovers and light trucks, and in motorcycles it is one of the world’s leading producers by volume and model breadth.