FY2027 EPS Estimates for Hitachi Lowered by Erste Group Bank

Key Points

• Erste Group Bank lowered Hitachi’s FY2027 EPS estimate to $1.38 from $1.40, slightly above the $1.37 consensus forecast. The bank projects FY2028 EPS of $1.65.
• Analyst sentiment remains positive, with Zacks Research upgrading Hitachi to “strong buy” and Bernstein initiating coverage with an “outperform” rating; MarketBeat reports an overall “Buy” rating.
• Hitachi’s latest quarterly results exceeded expectations, with EPS of $0.27 versus $0.21 expected and revenue of $16.53 billion compared with a $15.50 billion consensus estimate.

Hitachi Ltd. (OTCMKTS:HTHIY - Free Report) - Analysts at Erste Group Bank cut their FY2027 earnings estimates for Hitachi in a research report issued on Friday, September 18th. Erste Group Bank analyst S. Lingnau now anticipates that the conglomerate will post earnings of $1.38 per share for the year, down from their prior estimate of $1.40. The consensus estimate for Hitachi's current full-year earnings is $1.37 per share. Erste Group Bank also issued estimates for Hitachi's FY2028 earnings at $1.65 EPS.

Several other analysts have also weighed in on the company. Zacks Research raised Hitachi from a "hold" rating to a "strong-buy" rating in a report on Wednesday, September 2nd. Sanford C. Bernstein started coverage on Hitachi in a research note 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, one has issued a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of "Buy".

Hitachi Stock Performance

Shares of Hitachi stock opened at $36.34 on Wednesday. The firm has a market cap of $164.82 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92. The firm's 50-day simple moving average is $33.42 and its 200-day simple moving average is $31.62. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.83 and a current ratio of 1.09. Hitachi has a 1 year low of $25.77 and a 1 year high of $39.00.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share for the quarter, beating analysts' consensus estimates of $0.21 by $0.06. The business had revenue of $16.53 billion during the quarter, compared to analyst estimates of $15.50 billion. Hitachi had a net margin of 7.30% and a return on equity of 12.07%. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

About Hitachi

Hitachi, Ltd. is a Japanese technology and industrial company that provides products, systems and services for businesses, governments and infrastructure operators worldwide. Its operations combine information technology, digital solutions and engineering capabilities to help customers improve efficiency, resilience and sustainability.

The company's principal activities include digital systems and services, enterprise software, data and information technology solutions, railway systems, power and energy infrastructure, industrial equipment, building systems, healthcare technology and advanced manufacturing products.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.