Honda Motor (NYSE:HMC) Updates FY 2026 Earnings Guidance
by Danessa Lincoln · The Markets DailyHonda Motor (NYSE:HMC – Get Free Report) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share guidance of -3.362–2.046 for the period, compared to the consensus earnings per share estimate of 3.380. The company issued revenue guidance of $137.0 billion-$137.0 billion, compared to the consensus revenue estimate of $136.2 billion.
Wall Street Analysts Forecast Growth
Several research firms have recently weighed in on HMC. Morgan Stanley lowered Honda Motor from an “overweight” rating to an “equal weight” rating in a research note on Wednesday, March 11th. Wall Street Zen lowered Honda Motor from a “hold” rating to a “sell” rating in a research note on Saturday, March 14th. Zacks Research lowered Honda Motor from a “hold” rating to a “strong sell” rating in a research note on Monday. BNP Paribas Exane began coverage on Honda Motor in a research note on Thursday, February 12th. They issued an “underperform” rating and a $25.00 price objective on the stock. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Honda Motor in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $25.00.
View Our Latest Analysis on Honda Motor
Honda Motor Price Performance
NYSE HMC traded down $0.15 during trading hours on Thursday, reaching $24.35. 1,700,731 shares of the company’s stock were exchanged, compared to its average volume of 1,444,426. The stock has a market cap of $38.01 billion, a PE ratio of 9.70, a price-to-earnings-growth ratio of 0.85 and a beta of 0.43. Honda Motor has a one year low of $23.25 and a one year high of $34.89. The firm has a fifty day moving average of $27.95 and a 200-day moving average of $29.63. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65.
Honda Motor (NYSE:HMC – Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The company reported $0.76 EPS for the quarter, topping analysts’ consensus estimates of $0.52 by $0.24. The business had revenue of $29.99 billion for the quarter, compared to analyst estimates of $33.34 billion. Honda Motor had a return on equity of 4.01% and a net margin of 2.34%. On average, equities research analysts predict that Honda Motor will post 3.99 earnings per share for the current fiscal year.
Institutional Investors Weigh In On Honda Motor
A number of hedge funds have recently added to or reduced their stakes in HMC. Bank of America Corp DE grew its holdings in Honda Motor by 34.8% during the 3rd quarter. Bank of America Corp DE now owns 4,200,280 shares of the company’s stock worth $129,369,000 after acquiring an additional 1,083,245 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in Honda Motor during the 2nd quarter worth about $12,987,000. Qube Research & Technologies Ltd bought a new stake in Honda Motor during the 3rd quarter worth about $3,515,000. Quantinno Capital Management LP grew its holdings in Honda Motor by 55.4% during the 2nd quarter. Quantinno Capital Management LP now owns 310,173 shares of the company’s stock worth $8,942,000 after acquiring an additional 110,588 shares during the last quarter. Finally, Millennium Management LLC grew its holdings in Honda Motor by 41.4% during the 1st quarter. Millennium Management LLC now owns 342,491 shares of the company’s stock worth $9,292,000 after acquiring an additional 100,330 shares during the last quarter. Institutional investors own 5.32% of the company’s stock.
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.