Honda Motor Co., Ltd. (NYSE:HMC) Given Consensus Rating of "Hold" by Brokerages

Key Points

• Consensus "Hold" — Seven analysts give Honda an average rating of Hold (2 sell, 4 hold, 1 strong buy) with a 12‑month target price of $25.00.
• Sentiment has trended down recently as Morgan Stanley, Wall Street Zen and Zacks cut their ratings (including to sell/strong sell), while BNP Paribas Exane initiated coverage at "underperform" with a $25 target.
• Honda reported an EPS beat ($0.76 vs. $0.52) but missed on revenue ($29.99B vs. $33.34B); the stock trades at a PE of 9.68, market cap ~ $37.9B, and a one‑year range of $23.25–$34.89.

Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report) has earned an average rating of "Hold" from the seven ratings firms that are currently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and one has issued a strong buy recommendation on the company. The average twelve-month target price among analysts that have covered the stock in the last year is $25.00.

Several brokerages have recently issued reports on HMC. BNP Paribas Exane began coverage on Honda Motor in a research note on Thursday, February 12th. They set an "underperform" rating and a $25.00 price target on the stock. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Honda Motor in a research note on Monday, December 29th. Wall Street Zen lowered Honda Motor from a "hold" rating to a "sell" rating in a research note on Saturday, March 14th. Morgan Stanley lowered Honda Motor from an "overweight" rating to an "equal weight" rating in a research note on Wednesday, March 11th. Finally, Zacks Research lowered Honda Motor from a "hold" rating to a "strong sell" rating in a research note on Monday, April 6th.

Hedge Funds Weigh In On Honda Motor

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Caitong International Asset Management Co. Ltd bought a new position in Honda Motor during the third quarter worth about $26,000. WealthCollab LLC boosted its holdings in Honda Motor by 66.2% during the second quarter. WealthCollab LLC now owns 916 shares of the company's stock worth $26,000 after buying an additional 365 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new position in Honda Motor during the second quarter worth about $29,000. Sound Income Strategies LLC bought a new position in Honda Motor during the fourth quarter worth about $33,000. Finally, Lodestone Wealth Management LLC bought a new position in Honda Motor during the fourth quarter worth about $32,000. Institutional investors own 5.32% of the company's stock.

Honda Motor Stock Performance

HMC opened at $24.29 on Thursday. The stock has a market cap of $37.91 billion, a PE ratio of 9.68 and a beta of 0.43. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65. Honda Motor has a 1 year low of $23.25 and a 1 year high of $34.89. The stock's 50 day simple moving average is $27.30 and its 200-day simple moving average is $29.31.

Honda Motor (NYSE:HMC - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The company reported $0.76 earnings per share for the quarter, beating analysts' consensus estimates of $0.52 by $0.24. The firm had revenue of $29.99 billion for the quarter, compared to analysts' expectations of $33.34 billion. Honda Motor had a return on equity of 4.01% and a net margin of 2.34%. Sell-side analysts forecast that Honda Motor will post 3.99 EPS for the current year.

Honda Motor Company Profile

Honda Motor Co, Ltd. is a global manufacturer and mobility company headquartered in Minato, Tokyo, Japan, founded in 1948 by Soichiro Honda and Takeo Fujisawa. The company's core businesses include the design, manufacture and sale of automobiles and motorcycles, along with a diverse portfolio of power products, engines and related components. Honda also operates in aviation through Honda Aircraft Company and offers financial services that support vehicle sales and leasing.

In automobiles, Honda is known for a range of passenger cars, crossovers and light trucks, and in motorcycles it is one of the world's leading producers by volume and model breadth.

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