Analysts Set Honda Motor Co., Ltd. (NYSE:HMC) Target Price at $25.00

by · The Markets Daily

Shares of Honda Motor Co., Ltd. (NYSE:HMC – Get Free Report) have received a consensus recommendation of “Hold” from the five research firms that are presently covering the firm, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, two have given a hold recommendation and one has issued a strong buy recommendation on the company. The average 1-year price objective among analysts that have covered the stock in the last year is $25.00.

A number of equities analysts recently commented on the company. Wall Street Zen upgraded Honda Motor from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Zacks Research upgraded shares of Honda Motor from a “strong sell” rating to a “hold” rating in a report on Friday, June 19th. Finally, Weiss Ratings downgraded shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd.

Get Our Latest Stock Report on Honda Motor

Institutional Investors Weigh In On Honda Motor

Large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd purchased a new position in shares of Honda Motor during the third quarter valued at about $26,000. WealthCollab LLC lifted its holdings in Honda Motor by 66.2% in the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock worth $26,000 after buying an additional 365 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in Honda Motor during the 2nd quarter valued at approximately $29,000. Sound Income Strategies LLC bought a new stake in Honda Motor during the 4th quarter valued at approximately $33,000. Finally, Lodestone Wealth Management LLC bought a new stake in Honda Motor during the 4th quarter valued at approximately $32,000. Institutional investors own 5.32% of the company’s stock.

Honda Motor Stock Down 1.9%

Shares of NYSE:HMC opened at $30.14 on Friday. The stock’s 50-day moving average is $27.55 and its 200 day moving average is $27.38. The company has a market cap of $47.04 billion, a PE ratio of -15.78, a P/E/G ratio of 2.97 and a beta of 0.43. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.28 and a quick ratio of 1.03. Honda Motor has a 1 year low of $23.25 and a 1 year high of $34.89.

Honda Motor (NYSE:HMC – Get Free Report) last released its quarterly earnings data on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, topping the consensus estimate of ($5.74) by $1.50. The business had revenue of $36.81 billion during the quarter, compared to analysts’ expectations 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. Sell-side analysts anticipate that Honda Motor will post 1.65 EPS for the current year.

Honda Motor Company Profile

(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.

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