FY2027 EPS Estimates for Hitachi Boosted by Erste Group Bank

Key Points

• Erste Group Bank raised Hitachi’s FY2027 EPS forecast to $1.31 from $1.26, above the current consensus estimate of $1.23.
• Hitachi exceeded quarterly expectations, reporting $0.27 EPS versus the $0.21 consensus and revenue of $16.53 billion versus $15.50 billion expected.
• Zacks Research upgraded Hitachi from “strong sell” to “hold”; overall analyst sentiment is currently “Moderate Buy.” Shares opened at $35.65 and were trading 1.3% higher.

Hitachi Ltd. (OTCMKTS:HTHIY - Free Report) - Investment analysts at Erste Group Bank upped their FY2027 earnings estimates for Hitachi in a research report issued on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now expects that the conglomerate will post earnings per share of $1.31 for the year, up from their previous forecast of $1.26. The consensus estimate for Hitachi's current full-year earnings is $1.23 per share.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last released its earnings results on Wednesday, July 29th. The conglomerate reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.21 by $0.06. Hitachi had a net margin of 7.30% and a return on equity of 12.02%. The business had revenue of $16.53 billion during the quarter, compared to analysts' expectations of $15.50 billion. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Separately, Zacks Research upgraded Hitachi from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. One research analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company's stock. According to MarketBeat, Hitachi presently has an average rating of "Moderate Buy".

Hitachi Trading Up 1.3%

Shares of Hitachi stock opened at $35.65 on Wednesday. The company has a current ratio of 1.10, a quick ratio of 0.85 and a debt-to-equity ratio of 0.08. Hitachi has a twelve month low of $25.00 and a twelve month high of $39.00. The firm has a market capitalization of $161.69 billion, a PE ratio of 30.73, a P/E/G ratio of 1.63 and a beta of 0.91. The firm's 50-day moving average price is $30.60 and its 200 day moving average price is $31.46.

About Hitachi

Hitachi, Ltd. OTCMKTS: HTHIY is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a "social innovation" company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.

The company's activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions.

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