Hitachi Ltd. (OTCMKTS:HTHIY - Get Free Report) gapped down prior to trading on Friday . The stock had previously closed at $29.76, but opened at $28.80. Hitachi shares last traded at $28.62, with a volume of 136,691 shares changing hands.
Analyst Ratings Changes
Separately, Erste Group Bank raised Hitachi to a "hold" rating in a research report on Friday, October 3rd. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of "Hold".
Check Out Our Latest Report on Hitachi
Hitachi Stock Down 4.6%
The company has a market capitalization of $130.08 billion, a PE ratio of 10.66, a P/E/G ratio of 1.37 and a beta of 0.83. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.12 and a quick ratio of 0.85. The company has a 50-day moving average of $27.79 and a two-hundred day moving average of $27.18.
Hitachi (OTCMKTS:HTHIY - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The conglomerate reported $0.29 EPS for the quarter, meeting analysts' consensus estimates of $0.29. The business had revenue of $15.16 billion for the quarter, compared to analysts' expectations of $2,342.55 billion. Hitachi had a return on equity of 10.83% and a net margin of 6.45%. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS. Sell-side analysts anticipate that Hitachi Ltd. will post 0.47 earnings per share for the current fiscal year.
About Hitachi
(
Get Free Report)
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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