Hitachi (HTHIY) Projected to Post Earnings on Monday

Hitachi (OTCMKTS:HTHIY) is projected to release its resultson Monday, April 27th. Analysts expect Hitachi to post earnings of $0.21 per share and revenue of $19.4352 billion for the quarter.

Hitachi (OTCMKTS:HTHIY) last posted its quarterly earnings results on Thursday, January 29th. The conglomerate reported $0.24 EPS for the quarter, topping the consensus estimate of $0.23 by $0.01. The company had revenue of $17.68 billion for the quarter, compared to the consensus estimate of $16.85 billion. Hitachi had a net margin of 8.05% and a return on equity of 13.27%. On average, analysts expect Hitachi to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hitachi Trading Up 0.6%

HTHIY stock opened at $32.82 on Friday. The company has a market capitalization of $148.86 billion, a PE ratio of 22.18, a P/E/G ratio of 0.93 and a beta of 0.93. Hitachi has a 12 month low of $24.19 and a 12 month high of $39.00. The firm’s 50-day moving average is $31.15 and its 200 day moving average is $31.93. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.08 and a quick ratio of 0.81.

Analysts Set New Price Targets

Separately, Nomura raised shares of Hitachi to a “strong-buy” rating in a research note on Friday, February 13th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy”.

Hitachi Company Profile

Hitachi, Ltd. (OTCMKTS:HTHIY) is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a “social innovation” company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.

The company’s activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions.