Hitachi (OTCMKTS:HTHIY – Get Free Report) updated its FY 2026 earnings guidance on Friday. The company provided earnings per share guidance of 1.290-1.290 for the period, compared to the consensus EPS estimate of 1.100. The company issued revenue guidance of $75.4 billion, compared to the consensus revenue estimate of $66.2 billion.
Analyst Ratings Changes
Several analysts have commented on HTHIY shares. Zacks Research raised shares of Hitachi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 2nd. Sanford C. Bernstein initiated coverage on shares of Hitachi in a report on Tuesday, September 15th. They set an “outperform” rating on the stock. Two equities research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat, Hitachi currently has an average rating of “Strong Buy”.
Get Our Latest Analysis on Hitachi
Hitachi Stock Down 1.3%
OTCMKTS HTHIY traded down $0.41 during trading hours on Friday, reaching $32.25. 19,961 shares of the company traded hands, compared to its average volume of 569,799. The stock has a market capitalization of $146.27 billion, a PE ratio of 30.42, a PEG ratio of 1.28 and a beta of 0.97. Hitachi has a 12 month low of $27.22 and a 12 month high of $39.00. The company has a 50 day moving average of $35.02 and a two-hundred day moving average of $32.54. The company has a current ratio of 1.09, a quick ratio of 0.83 and a debt-to-equity ratio of 0.08.
Hitachi (OTCMKTS:HTHIY – Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The conglomerate reported $0.32 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.33 by ($0.01). The business had revenue of $18.40 billion for the quarter, compared to analyst estimates of $18.51 billion. Hitachi had a return on equity of 10.94% and a net margin of 6.53%. As a group, equities analysts expect that Hitachi will post 1.37 earnings per share for the current year.
About Hitachi
Hitachi, Ltd. is a Japanese technology and engineering company that develops digital, infrastructure and industrial solutions for customers worldwide. Founded in 1910 and headquartered in Tokyo, the company has evolved from an electrical equipment manufacturer into a diversified provider of systems and services supporting social infrastructure and business operations.
Hitachi’s principal activities include digital systems and services, energy systems, railway systems, industrial equipment and healthcare technology.
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