Honda Motor Co., Ltd. (NYSE:HMC) Given Average Recommendation of “Hold” by Analysts

Shares of Honda Motor Co., Ltd. (NYSE:HMCGet Free Report) have earned an average rating of “Hold” from the five ratings firms that are presently covering the firm, Marketbeat reports. Two research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a strong buy rating on the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is $25.00.

Several analysts have issued reports on HMC shares. Zacks Research raised shares of Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Wall Street Zen raised shares of Honda Motor from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Weiss Ratings downgraded shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd.

View Our Latest Research Report on Honda Motor

Hedge Funds Weigh In On Honda Motor

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Advisory Services Network LLC grew its stake in shares of Honda Motor by 1.3% during the second quarter. Advisory Services Network LLC now owns 25,183 shares of the company’s stock valued at $787,000 after acquiring an additional 329 shares in the last quarter. WealthCollab LLC lifted its stake in shares of Honda Motor by 66.2% in the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock worth $26,000 after acquiring an additional 365 shares in the last quarter. Allworth Financial LP lifted its stake in shares of Honda Motor by 17.1% in the third quarter. Allworth Financial LP now owns 2,642 shares of the company’s stock worth $81,000 after acquiring an additional 385 shares in the last quarter. Harbour Investments Inc. boosted its holdings in Honda Motor by 5.8% in the fourth quarter. Harbour Investments Inc. now owns 7,265 shares of the company’s stock valued at $214,000 after purchasing an additional 400 shares during the last quarter. Finally, Cerity Partners LLC boosted its holdings in Honda Motor by 0.5% in the second quarter. Cerity Partners LLC now owns 90,498 shares of the company’s stock valued at $2,609,000 after purchasing an additional 414 shares during the last quarter. 5.32% of the stock is owned by hedge funds and other institutional investors.

Honda Motor Price Performance

Shares of NYSE HMC opened at $28.16 on Friday. Honda Motor has a 1-year low of $23.25 and a 1-year high of $34.89. The business has a 50-day moving average of $27.11 and a 200-day moving average of $27.36. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.28 and a quick ratio of 1.03. The company has a market capitalization of $43.96 billion, a price-to-earnings ratio of -14.75, a PEG ratio of 4.83 and a beta of 0.43.

Honda Motor (NYSE:HMCGet Free Report) last announced its earnings results on Thursday, May 14th. The company reported ($4.24) EPS for the quarter, beating the consensus estimate of ($5.74) by $1.50. The business had revenue of $36.81 billion for the quarter, compared to the consensus estimate of $32.99 billion. Honda Motor had a negative return on equity of 3.07% and a negative net margin of 1.75%.Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. On average, equities analysts anticipate that Honda Motor will post 0.92 EPS for the current fiscal year.

About Honda Motor

(Get Free Report)

Honda Motor Co, Ltd. is a global manufacturer and mobility company headquartered in Minato, Tokyo, Japan, founded in 1948 by Soichiro Honda and Takeo Fujisawa. The company’s core businesses include the design, manufacture and sale of automobiles and motorcycles, along with a diverse portfolio of power products, engines and related components. Honda also operates in aviation through Honda Aircraft Company and offers financial services that support vehicle sales and leasing.

In automobiles, Honda is known for a range of passenger cars, crossovers and light trucks, and in motorcycles it is one of the world’s leading producers by volume and model breadth.

See Also

Analyst Recommendations for Honda Motor (NYSE:HMC)

Receive News & Ratings for Honda Motor Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Honda Motor and related companies with MarketBeat.com's FREE daily email newsletter.