Honda Motor (NYSE:HMC – Get Free Report) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.934-1.934 for the period, compared to the consensus estimate of 2.520. The company issued revenue guidance of $151.5 billion-$151.5 billion, compared to the consensus revenue estimate of $139.9 billion.
Honda Motor Stock Performance
Shares of HMC traded up $0.20 during mid-day trading on Thursday, hitting $30.80. The stock had a trading volume of 723,221 shares, compared to its average volume of 1,627,391. 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 firm has a market cap of $48.07 billion, a P/E ratio of -16.13 and a beta of 0.42. Honda Motor has a 52 week low of $23.25 and a 52 week high of $34.89. The business has a fifty day moving average price of $27.76 and a 200-day moving average price of $27.34.
Honda Motor (NYSE:HMC – Get Free Report) last announced its earnings results on Wednesday, July 1st. The company reported $2.14 earnings per share (EPS) for the quarter. The business had revenue of $37.27 billion during the quarter. Honda Motor had a negative net margin of 1.75% and a negative return on equity of 3.07%. On average, equities research analysts expect that Honda Motor will post 1.65 EPS for the current year.
Wall Street Analysts Forecast Growth
Read Our Latest Analysis on Honda Motor
Institutional Trading of Honda Motor
Several institutional investors and hedge funds have recently bought and sold shares of the business. Caitong International Asset Management Co. Ltd acquired a new stake in Honda Motor during the 3rd quarter worth about $26,000. WealthCollab LLC grew its stake in shares of Honda Motor by 66.2% during the 2nd quarter. WealthCollab LLC now owns 916 shares of the company’s stock worth $26,000 after purchasing an additional 365 shares during the period. Newbridge Financial Services Group Inc. acquired a new position in shares of Honda Motor in the 2nd quarter valued at $29,000. Geneos Wealth Management Inc. boosted its holdings in Honda Motor by 121.2% during the first quarter. Geneos Wealth Management Inc. now owns 2,119 shares of the company’s stock worth $57,000 after buying an additional 1,161 shares in the last quarter. Finally, Transamerica Financial Advisors LLC grew its position in Honda Motor by 46.4% during the fourth quarter. Transamerica Financial Advisors LLC now owns 2,457 shares of the company’s stock valued at $72,000 after buying an additional 779 shares during the period. 5.32% of the stock is currently owned by institutional investors and hedge funds.
About Honda Motor
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.
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