NYSE:HMC

Honda Motor (HMC) Stock Forecast, Price & News

$33.64

-1.20 (-3.44%)

(As of 09/29/2023 ET)

Compare

Today's Range: $33.56
▼
$34.02
50-Day Range: $30.22
▼
$36.67
52-Week Range: $21.43
▼
$36.82

Volume: 1.25 million shs
Average Volume: 1.00 million shs
Market Capitalization: $57.54 billion

P/E Ratio: 8.56
Dividend Yield: 1.90%
Price Target: N/A

Honda Motor MarketRank™ Forecast

Analyst Rating: N/A
Upside/Downside: N/A
Short Interest: Healthy
0.14% of Float Sold Short
Dividend Strength: Moderate
Based on Four Factors
Sustainability: N/A
News Sentiment: 0.57
Based on 7 Articles This Week
Insider Trading: N/A
Proj. Earnings Growth: 4.09%
From $3.91 to $4.07 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.50 out of 5 stars

Auto/Tires/Trucks Sector

22nd out of 96 stocks

Motor Vehicles & Car Bodies Industry

5th out of 32 stocks

N/A

Analyst's Opinion

Consensus Rating
There is not enough analysis data for Honda Motor.

3.0

Short Interest

Percentage of Shares Shorted
0.14% of the float of Honda Motor has been sold short.
Short Interest Ratio / Days to Cover
Honda Motor has a short interest ratio ("days to cover") of 2.4, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Honda Motor has recently increased by 1.77%, indicating that investor sentiment is decreasing.

2.5

Dividend Strength

Dividend Yield
Honda Motor pays a meaningful dividend of 1.85%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Honda Motor does not have a long track record of dividend growth.
Dividend Coverage
The dividend payout ratio of Honda Motor is 16.28%. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, Honda Motor will have a dividend payout ratio of 15.72% next year. This indicates that Honda Motor will be able to sustain or increase its dividend.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for HMC.

2.0

News and Social Media Coverage

News Sentiment
Honda Motor has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Honda Motor this week, compared to 7 articles on an average week.
Search Interest
Only 15 people have searched for HMC on MarketBeat in the last 30 days. This is a decrease of -35% compared to the previous 30 days.
MarketBeat Follows
13 people have added Honda Motor to their MarketBeat watchlist in the last 30 days. This is an increase of 225% compared to the previous 30 days.

0.0

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Honda Motor insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.01% of the stock of Honda Motor is held by insiders.
Percentage Held by Institutions
Only 5.32% of the stock of Honda Motor is held by institutions.

3.8

Earnings and Valuation

Earnings Growth
Earnings for Honda Motor are expected to grow by 4.09% in the coming year, from $3.91 to $4.07 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Honda Motor is 8.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 117.55.
Price to Earnings Ratio vs. Sector
The P/E ratio of Honda Motor is 8.56, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 13.21.
Price to Earnings Growth Ratio
Honda Motor has a PEG Ratio of 0.56. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Honda Motor has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Honda Motor (NYSE:HMC) Stock

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. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. Its Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. Its Power Product and Other Businesses manufactures and sells power products, such as general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines and snow throwers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.

HMC Price History

30 days | 90 days | 365 days | Advanced Chart

HMC Stock News Headlines

October 1, 2023 | americanbankingnews.com

Honda Motor (NYSE:HMC) Shares Gap Down to $34.84

September 30, 2023 | americanbankingnews.com

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

October 1, 2023 | Chaikin Analytics (Ad)

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September 29, 2023 | stocknews.com

Tesla (TSLA) - October Buy or Hold?

September 28, 2023 | finance.yahoo.com

This beloved automaker's new electric SUV aims straight for Tesla

September 27, 2023 | finance.yahoo.com

Honda unveils surprising electric vehicles to compete with Tesla

September 27, 2023 | seekingalpha.com

Honda: Market Share Wins Sure To Come During UAW Strike

September 26, 2023 | finance.yahoo.com

Should You Invest in Honda (HMC) Based on Bullish Wall Street Views?

October 1, 2023 | Chaikin Analytics (Ad)

Something is Coming for America's Top Stock

This stock has already doubled this year - but it could hurt your portfolio if you hold it much longer. Learn why here.

September 25, 2023 | seekingalpha.com

Honda Motor: Stable Prospects But Auto Segment A Question Mark

September 23, 2023 | americanbankingnews.com

Research Analysts Set Expectations for Honda Motor Co., Ltd.'s Q2 2025 Earnings (NYSE:HMC)

September 22, 2023 | msn.com

Honda Motor (HMC) Stock Moves -0.03%: What You Should Know

September 22, 2023 | americanbankingnews.com

Equities Analysts Issue Forecasts for Honda Motor Co., Ltd.'s Q1 2026 Earnings (NYSE:HMC)

September 21, 2023 | finance.yahoo.com

2024 Honda Accord: The Sedan Is Back

September 21, 2023 | americanbankingnews.com

Honda Motor (NYSE:HMC) Sets New 12-Month High at $36.82

September 20, 2023 | finance.yahoo.com

The Zacks Analyst Blog Highlights BMW Group, Ford, Honda, Tesla and Copart

September 19, 2023 | finance.yahoo.com

Unveiling Honda Motor Co (HMC)'s Value: Is It Really Priced Right? A Comprehensive Guide

September 15, 2023 | finance.yahoo.com

Honda Motor (HMC) Stock Moves -0.73%: What You Should Know

September 14, 2023 | finance.yahoo.com

New cars cost a fortune -- but Honda has a genius (and fun) solution

September 13, 2023 | stocknews.com

Is Tesla (TSLA) Still a Solid Buy on Wall Street This Week?

September 12, 2023 | marketwatch.com

Ford, Honda and BMW create EV grid-services company

September 12, 2023 | stocknews.com

Is REV (REVG) an Auto Stock Buy Before Earnings Are Delivered?

September 8, 2023 | realmoney.thestreet.com

Shares of Honda Are on the Verge of a Major Upside Move

September 8, 2023 | finance.yahoo.com

Honda Is on the Verge of a Major Upside Move

September 8, 2023 | msn.com

Honda Joins Ford, GM, Volvo In Adopting Tesla's EV Charging Standard

September 7, 2023 | stocknews.com

Top "A" Rated Auto Stocks to Buy This Week

September 6, 2023 | finance.yahoo.com

5 Luxury Cars With the Best Resale Value

See More Headlines

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HMC Company Calendar

Last Earnings: 8/09/2023
Today: 10/01/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 3/31/2024

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Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Motor vehicles & car bodies
Sub-Industry: N/A
Sector: Auto/Tires/Trucks
Current Symbol: NYSE:HMC
CUSIP: N/A
CIK: 715153
Web: global.honda
Phone: (133) 423-1111
Fax: N/A
Employees: 197,039
Year Founded: 1948

Profitability

EPS (Most Recent Fiscal Year): $3.93
Trailing P/E Ratio: 8.56
Forward P/E Ratio: 8.60
P/E Growth: 0.56
Net Income: $4.82 billion
Net Margins: 5.11%
Pretax Margin: 6.54%
Return on Equity: 7.73%
Return on Assets: 3.60%

Debt

Debt-to-Equity Ratio: 0.40
Current Ratio: 1.44
Quick Ratio: 1.11

Sales & Book Value

Annual Sales: $125.15 billion
Price / Sales: 0.46
Cash Flow: $5.92 per share
Price / Cash Flow: 5.68
Book Value: $49.76 per share
Price / Book: 0.68

Miscellaneous

Outstanding Shares: 1,710,600,000
Free Float: 1,710,429,000
Market Cap: $57.54 billion
Optionable: Optionable
Beta: 0.77

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Key Executives

Mr. Toshihiro Mibe (Age 62)
Pres, CEO, Representative Exec. Officer & Director
Comp: $1.29M

Mr. Shinji Aoyama (Age 60)
Exec. VP, Representative Exec. Officer, COO, Director & Risk Management Officer
Comp: $561.66k

Eiji Fujimura (Age 53)
Exec. Officer, CFO & Chief Officer for Corp. Management Operations

Mr. Noriaki Abe (Age 61)
Chief Officer for Motorcycle & Power Products Ops., Managing Exec. Officer and Compliance Officer

Matt Watanabe
Mang. of Corp. Communications

Mr. Mitsugu Matsukawa (Age 61)
Managing Exec. Officer

Mr. Noriya Kaihara (Age 62)
Director, Sr. Managing Exec. Officer & Chief Officer for Regional Operations (North America)

Mr. Masayuki Igarashi (Age 60)
Managing Exec. Officer & Chief Officer for Regional Operations (China)

Mr. Katsushi Inoue (Age 60)
Sr. Managing Exec. Officer & Chief Officer for Electrification Bus. Devel. Operations

Mr. Yoichiro Ueno (Age 59)
Chief Exec. of Car Operations - India and Pres of Car Operations - India

Key Competitors

View All Competitors

Institutional Ownership

View All Institutional Transactions

HMC Stock - Frequently Asked Questions

Should I buy or sell Honda Motor stock right now?: 5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Honda Motor in the last year. There are currently 1 sell rating, 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" HMC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in HMC, but not buy additional shares or sell existing shares.
View HMC analyst ratings or view top-rated stocks.
How have HMC shares performed in 2023?: Honda Motor's stock was trading at $22.86 on January 1st, 2023. Since then, HMC shares have increased by 47.2% and is now trading at $33.64.
View the best growth stocks for 2023 here.
When is Honda Motor's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our HMC earnings forecast.
How were Honda Motor's earnings last quarter?: Honda Motor Co., Ltd. (NYSE:HMC) issued its quarterly earnings data on Wednesday, August, 9th. The company reported $1.60 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.99 by $0.61. The business had revenue of $33.70 billion for the quarter, compared to analysts' expectations of $33.57 billion. Honda Motor had a net margin of 5.11% and a trailing twelve-month return on equity of 7.73%.
What ETFs hold Honda Motor's stock?: ETFs with the largest weight of Honda Motor (NYSE:HMC) stock in their portfolio include Pacer Developed Markets International Cash Cows 100 ETF (ICOW) and ActivePassive International Equity ETF (APIE).SPDR S&P Kensho Smart Mobility ETF (HAIL).
Is Honda Motor a good dividend stock?: Honda Motor (NYSE:HMC) pays an annual dividend of $0.64 per share and currently has a dividend yield of 1.85%. The dividend payout ratio is 16.28%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, HMC will have a dividend payout ratio of 15.72% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for HMC.
What guidance has Honda Motor issued on next quarter's earnings?: Honda Motor updated its FY 2024 earnings guidance on Thursday, August, 10th. The company provided earnings per share (EPS) guidance of $1.19-$1.19 for the period. The company issued revenue guidance of $132.68 billion-$132.68 billion.
What is Takahiro Hachigo's approval rating as Honda Motor's CEO?: 250 employees have rated Honda Motor Chief Executive Officer Takahiro Hachigo on Glassdoor.com. Takahiro Hachigo has an approval rating of 91% among the company's employees. This puts Takahiro Hachigo in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Honda Motor own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Honda Motor investors own include AT&T (T), Bank of America (BAC), Walmart (WMT), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ), Verizon Communications (VZ), General Motors (GM), Cisco Systems (CSCO) and McDonald's (MCD).
What is Honda Motor's stock symbol?: Honda Motor trades on the New York Stock Exchange (NYSE) under the ticker symbol "HMC."
How do I buy shares of Honda Motor?: Shares of HMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Honda Motor's stock price today?: One share of HMC stock can currently be purchased for approximately $33.64.
How much money does Honda Motor make?: Honda Motor (NYSE:HMC) has a market capitalization of $57.54 billion and generates $125.15 billion in revenue each year. The company earns $4.82 billion in net income (profit) each year or $3.93 on an earnings per share basis.
How many employees does Honda Motor have?: The company employs 197,039 workers across the globe.
Does Honda Motor have any subsidiaries?: The following companies are subsidiares of Honda Motor: A.P. Honda Co. Ltd., American Honda Finance Corporation, American Honda Motor Co. Inc., Asian Honda Motor Co. Ltd., Banco Honda S.A., Honda Aero. Inc., Honda Aircraft Company LLC, Honda Auto Parts Manufacturing Co. Ltd., Honda Automobile (Thailand) Co. Ltd., Honda Automoveis do Brasil Ltda., Honda Bank GmbH, Honda Canada Finance Inc., Honda Canada Inc., Honda Cars India Limited, Honda Finance Co. Ltd., Honda Finance Europe plc, Honda Leasing (Thailand) Co. Ltd., Honda Malaysia Sdn Bhd, Honda Manufacturing of Alabama LLC, Honda Manufacturing of Indiana LLC, Honda Motor (China) Investment Co. Ltd., Honda Motor Europe Limited, Honda Motor de Argentina S.A., Honda Motorcycle & Scooter India (Private) Ltd., Honda North America Inc., Honda R&D Americas Inc., Honda R&D Co. Ltd., Honda South America Ltda., Honda Taiwan Co. Ltd., Honda Transmission Mfg. of America Inc., Honda Turkiye A.S, Honda Vietnam Co. Ltd., Honda de Mexico S.A. de C.V., Honda of America Mfg. Inc., Honda of the U.K. Manufacturing Ltd., Moto Honda da Amazonia Ltda., P.T. Honda Precision Parts Manufacturing, P.T. Honda Prospect Motor, Thai Honda Manufacturing Co. Ltd., and Ubitricity.
Read More
How can I contact Honda Motor?: Honda Motor's mailing address is 1-1 MINAMI-AOYAMA 2-CHOME MINATO-KU, TOKYO M0, 107-8556. The official website for the company is global.honda. The company can be reached via phone at (133) 423-1111.

This page (NYSE:HMC) was last updated on 10/1/2023 by MarketBeat.com Staff

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