Zacks Research Forecasts Stronger Earnings for Honda Motor

Honda Motor Co., Ltd. (NYSE:HMC - Free Report) - Equities researchers at Zacks Research raised their Q1 2027 earnings per share 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 prior 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 posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.18 earnings per share for the quarter, missing the consensus estimate of $0.72 by ($0.54). Honda Motor had a return on equity of 7.81% and a net margin of 4.76%. The business had revenue of $36.25 billion during the quarter, compared to the consensus estimate of $5,371.99 billion.

A number of other research analysts also recently commented on HMC. Wall Street Zen downgraded Honda Motor from a "hold" rating to a "sell" rating in a research report on Saturday, May 24th. Dbs Bank downgraded Honda Motor from a "strong-buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Finally, Sanford C. Bernstein began coverage on Honda Motor in a research report on Monday, April 14th. They set a "market perform" rating for the company.

Honda Motor Price Performance

Shares of NYSE HMC traded down $0.71 during midday trading on Tuesday, reaching $29.37. 747,149 shares of the stock traded hands, compared to its average volume of 1,059,982. 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 stock has a market capitalization of $45.84 billion, a PE ratio of 6.83 and a beta of 0.54. Honda Motor has a one year low of $23.41 and a one year high of $33.72. The company's 50 day moving average is $28.98 and its 200 day moving average is $28.20.

Institutional Trading of Honda Motor

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Geneos Wealth Management Inc. raised its holdings in Honda Motor by 121.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,119 shares of the company's stock valued at $57,000 after buying an additional 1,161 shares during the period. Logan Capital Management Inc. raised its holdings in Honda Motor by 2.8% during the 1st quarter. Logan Capital Management Inc. now owns 122,984 shares of the company's stock valued at $3,337,000 after buying an additional 3,341 shares during the period. RNC Capital Management LLC raised its holdings in Honda Motor by 14.6% during the 1st quarter. RNC Capital Management LLC now owns 10,088 shares of the company's stock valued at $274,000 after buying an additional 1,283 shares during the period. Millennium Management LLC raised its holdings in Honda Motor by 41.4% during the 1st quarter. Millennium Management LLC now owns 342,491 shares of the company's stock valued at $9,292,000 after buying an additional 100,330 shares during the period. Finally, Integrated Wealth Concepts LLC raised its holdings in Honda Motor by 5.8% during the 1st quarter. Integrated Wealth Concepts LLC now owns 8,552 shares of the company's stock valued at $232,000 after buying an additional 468 shares during the period. Hedge funds and other institutional investors own 5.32% of the company's stock.

Honda Motor Company Profile

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.