Hitachi (OTCMKTS:HTHIY – Get Free Report) issued its quarterly earnings results on Wednesday. The conglomerate reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.06, Zacks reports. Hitachi had a net margin of 7.30% and a return on equity of 12.02%. The business had revenue of $16.53 billion for the quarter, compared to analysts’ expectations of $15.50 billion. Hitachi updated its FY 2026 guidance to 1.257-1.257 EPS.
Hitachi Stock Up 3.4%
Shares of HTHIY stock opened at $33.30 on Friday. The company’s fifty day simple moving average is $30.16 and its two-hundred day simple moving average is $31.38. Hitachi has a 52 week low of $25.00 and a 52 week high of $39.00. The stock has a market cap of $151.03 billion, a P/E ratio of 28.71, a PEG ratio of 1.46 and a beta of 0.92. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 0.08.
Wall Street Analyst Weigh In
Separately, Zacks Research cut Hitachi from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold”.
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.
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