Hitachi Ltd. (OTCMKTS:HTHIY – Free Report) – Equities researchers at Erste Group Bank lowered their FY2027 EPS estimates for shares of Hitachi in a report issued on Tuesday, May 12th. Erste Group Bank analyst S. Lingnau now expects that the conglomerate will earn $1.32 per share for the year, down from their prior estimate of $1.33. The consensus estimate for Hitachi’s current full-year earnings is $1.33 per share.
Separately, Nomura upgraded Hitachi to a “strong-buy” rating in a research note on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, Hitachi has a consensus rating of “Moderate Buy”.
Hitachi Price Performance
OTCMKTS HTHIY opened at $31.20 on Wednesday. The company has a market cap of $141.51 billion, a price-to-earnings ratio of 26.44, a PEG ratio of 0.88 and a beta of 0.91. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.08 and a quick ratio of 0.81. The stock’s fifty day moving average price is $30.95 and its 200 day moving average price is $32.10. Hitachi has a 1 year low of $25.00 and a 1 year high of $39.00.
Hitachi (OTCMKTS:HTHIY – Get Free Report) last posted its quarterly earnings results on Monday, April 27th. The conglomerate reported $0.23 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.02. The business had revenue of $19.38 billion during the quarter, compared to analysts’ expectations of $19.44 billion. Hitachi had a net margin of 7.64% and a return on equity of 12.68%.
About Hitachi
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.
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