Honda Motor (NYSE:HMC) Posts Earnings Results, Beats Estimates By $0.96 EPS

Honda Motor (NYSE:HMC) issued its earnings results on Wednesday. The company reported $2.18 EPS for the quarter, beating analysts’ consensus estimates of $1.22 by $0.96, Zacks reports. Honda Motor had a negative net margin of 1.75% and a negative return on equity of 3.07%. Honda Motor updated its FY 2027 guidance to 1.934-1.934 EPS.

Honda Motor Stock Up 1.6%

Honda Motor stock traded up $0.49 during midday trading on Wednesday, hitting $30.61. 1,755,258 shares of the stock were exchanged, compared to its average volume of 1,096,329. Honda Motor has a 1 year low of $23.25 and a 1 year high of $34.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.28 and a quick ratio of 1.03. The firm has a market cap of $47.78 billion, a P/E ratio of -16.03 and a beta of 0.42. The company has a 50 day moving average price of $27.76 and a two-hundred day moving average price of $27.34.

Wall Street Analyst Weigh In

Several research analysts have commented on HMC shares. Weiss Ratings lowered Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. Zacks Research raised Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Finally, Wall Street Zen upgraded Honda Motor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. One investment analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $25.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in HMC. Sivia Capital Partners LLC bought a new position in Honda Motor during the 2nd quarter worth approximately $261,000. Xponance LLC increased its holdings in shares of Honda Motor by 11.3% in the 4th quarter. Xponance LLC now owns 8,184 shares of the company’s stock valued at $241,000 after acquiring an additional 829 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of Honda Motor during the 3rd quarter valued at approximately $240,000. Integrated Wealth Concepts LLC lifted its stake in Honda Motor by 5.8% during the first quarter. Integrated Wealth Concepts LLC now owns 8,552 shares of the company’s stock worth $232,000 after purchasing an additional 468 shares during the last quarter. Finally, Wealthspire Advisors LLC lifted its stake in Honda Motor by 8,826.2% during the fourth quarter. Wealthspire Advisors LLC now owns 7,498 shares of the company’s stock worth $221,000 after purchasing an additional 7,414 shares during the last quarter. 5.32% of the stock is owned by institutional investors and hedge funds.

About Honda Motor

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.