Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF – Get Free Report) gapped up prior to trading on Thursday. The stock had previously closed at $23.63, but opened at $25.9299. Mitsubishi Heavy Industries shares last traded at $23.50, with a volume of 514 shares trading hands.
Wall Street Analysts Forecast Growth
A number of research firms recently weighed in on MHVYF. UBS Group raised Mitsubishi Heavy Industries from a “hold” rating to a “strong-buy” rating in a research report on Thursday, August 13th. Sanford C. Bernstein started coverage on Mitsubishi Heavy Industries in a report on Tuesday, September 15th. They issued an “outperform” rating for the company. One research analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Mitsubishi Heavy Industries has a consensus rating of “Buy”.
View Our Latest Stock Report on Mitsubishi Heavy Industries
Mitsubishi Heavy Industries Price Performance
The stock has a market cap of $79.28 billion, a price-to-earnings ratio of 30.92 and a beta of 0.52. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.26 and a quick ratio of 0.98. The stock’s 50 day simple moving average is $24.71 and its two-hundred day simple moving average is $25.29.
Mitsubishi Heavy Industries (OTCMKTS:MHVYF – Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The company reported $0.24 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.09. The company had revenue of $7.34 billion during the quarter, compared to analysts’ expectations of $7.09 billion. Mitsubishi Heavy Industries had a net margin of 7.04% and a return on equity of 12.97%.
Institutional Inflows and Outflows
An institutional investor recently bought a new position in Mitsubishi Heavy Industries stock. McMillan Office Inc. purchased a new position in shares of Mitsubishi Heavy Industries, Ltd. (OTCMKTS:MHVYF – Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,000 shares of the company’s stock, valued at approximately $28,000.
About Mitsubishi Heavy Industries
Mitsubishi Heavy Industries, Ltd. is a Japan-based industrial engineering and manufacturing company that develops and supplies large-scale equipment, systems and infrastructure for customers around the world. Its operations span energy, industrial machinery, infrastructure, transportation, aerospace and defense.
The company provides gas turbines, steam turbines, boilers, power-generation systems and carbon-reduction technologies, as well as machinery and systems used in factories, logistics operations and environmental applications.
Further Reading
- Five stocks we like better than Mitsubishi Heavy Industries
- Micron’s Taiwan Strike: A High-Stakes Fight Over AI Profits
- Intuitive Surgical Stock: Margin Hit Masks Strong Q3 Growth Story
- Meta Bounces Back in Q3, But the Bigger Test Comes in 2027
- There’s a New Q in Town: Invesco’s ETF Targets International Innovators
Receive News & Ratings for Mitsubishi Heavy Industries Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mitsubishi Heavy Industries and related companies with MarketBeat.com's FREE daily email newsletter.
