Hitachi (OTCMKTS:HTHIY) Shares Gap Down - Should You Sell?

Key Points

• Hitachi Ltd. shares gapped down from $26.63 to $25.80 before trading, with the last trade at $26.08.
• The company reported quarterly earnings of $0.29 per share, meeting consensus estimates, and had a revenue of $15.16 billion.
• Hitachi has set its FY 2025 EPS guidance at 2.150, while analysts expect a current year EPS of 0.47.

Shares of Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $26.63, but opened at $25.80. Hitachi shares last traded at $26.08, with a volume of 14,363 shares trading hands.

Hitachi Price Performance

The company has a market capitalization of $119.16 billion, a P/E ratio of 9.76, a price-to-earnings-growth ratio of 1.26 and a beta of 0.83. The company's 50-day moving average price is $28.71 and its two-hundred day moving average price is $27.31. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.12 and a quick ratio of 0.85.

Hitachi (OTCMKTS:HTHIY - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The conglomerate reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. The company had revenue of $15.16 billion for the quarter, compared to analyst estimates of $2,342.55 billion. Hitachi had a net margin of 6.45% and a return on equity of 10.83%. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS. As a group, sell-side analysts expect that Hitachi Ltd. will post 0.47 EPS for the current year.

Hitachi Company Profile

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.

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