Honda Motor (NYSE:HMC - Get Free Report) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 1.230-1.230 for the period. The company issued revenue guidance of $133.1 billion-$133.1 billion.
Analysts Set New Price Targets
Several analysts have recently commented on HMC shares. Sanford C. Bernstein assumed coverage on shares of Honda Motor in a research note on Monday, April 14th. They set a "market perform" rating on the stock. StockNews.com lowered shares of Honda Motor from a "buy" rating to a "hold" rating in a research note on Wednesday.
Get Our Latest Stock Analysis on HMC
Honda Motor Stock Down 2.1%
Shares of NYSE HMC traded down $0.63 during mid-day trading on Thursday, reaching $28.81. 807,691 shares of the company's stock traded hands, compared to its average volume of 1,074,300. The company has a debt-to-equity ratio of 0.51, a current ratio of 1.38 and a quick ratio of 1.10. The business has a 50-day simple moving average of $28.96 and a 200 day simple moving average of $28.07. Honda Motor has a 1-year low of $23.41 and a 1-year high of $34.05. The stock has a market cap of $44.97 billion, a P/E ratio of 6.70 and a beta of 0.55.
Honda Motor (NYSE:HMC - Get Free Report) last announced its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.72 by ($0.54). The business had revenue of $36.25 billion during the quarter, compared to the consensus estimate of $5,371.99 billion. Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. On average, analysts expect that Honda Motor will post 3.99 EPS for the current fiscal year.
Institutional Investors Weigh In On Honda Motor
A hedge fund recently raised its stake in Honda Motor stock. Royal Bank of Canada grew its stake in shares of Honda Motor Co., Ltd. (NYSE:HMC - Free Report) by 8.6% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 285,203 shares of the company's stock after purchasing an additional 22,479 shares during the quarter. Royal Bank of Canada's holdings in Honda Motor were worth $7,737,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 5.32% of the company's stock.
About Honda Motor
(
Get Free Report)
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.
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