Zacks Research Increases Earnings Estimates for Honda Motor

Honda Motor Co., Ltd. (NYSE:HMC - Free Report) - Equities researchers at Zacks Research increased their Q1 2027 earnings estimates for shares of Honda Motor in a research report issued on Monday, June 2nd. Zacks Research analyst R. Department now forecasts that the company will post earnings of $1.20 per share for the quarter, up from their previous estimate of $1.13. The consensus estimate for Honda Motor's current full-year earnings is $3.99 per share. Zacks Research also issued estimates for Honda Motor's Q3 2027 earnings at $1.20 EPS, FY2027 earnings at $4.29 EPS and FY2028 earnings at $3.91 EPS.

Honda Motor (NYSE:HMC - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.72 by ($0.54). The business had revenue of $36.25 billion during the quarter, compared to analyst estimates of $5,371.99 billion. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%.

A number of other research analysts have also weighed in on the stock. Dbs Bank lowered shares of Honda Motor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Wall Street Zen cut shares of Honda Motor from a "hold" rating to a "sell" rating in a research note on Saturday, May 24th. Finally, Sanford C. Bernstein started coverage on shares of Honda Motor in a research note on Monday, April 14th. They set a "market perform" rating on the stock.

Honda Motor Stock Performance

Honda Motor stock traded up $0.45 on Tuesday, reaching $29.25. 475,146 shares of the stock were exchanged, compared to its average volume of 1,059,339. The stock has a market cap of $45.66 billion, a PE ratio of 6.80 and a beta of 0.54. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51. Honda Motor has a twelve month low of $23.41 and a twelve month high of $33.72. The firm has a fifty day moving average price of $29.11 and a two-hundred day moving average price of $28.24.

Hedge Funds Weigh In On Honda Motor

Large investors have recently modified their holdings of the stock. Asset Planning Inc acquired a new position in shares of Honda Motor during the fourth quarter worth approximately $25,000. Murphy & Mullick Capital Management Corp acquired a new stake in shares of Honda Motor during the fourth quarter worth $26,000. R Squared Ltd acquired a new stake in shares of Honda Motor during the fourth quarter worth $30,000. Bessemer Group Inc. raised its holdings in shares of Honda Motor by 460.2% during the first quarter. Bessemer Group Inc. now owns 1,098 shares of the company's stock worth $30,000 after acquiring an additional 902 shares during the period. Finally, Rothschild Investment LLC increased its stake in Honda Motor by 50.4% in the 1st quarter. Rothschild Investment LLC now owns 1,245 shares of the company's stock valued at $34,000 after buying an additional 417 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

About Honda Motor

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.