Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report) shares saw unusually-high trading volume on Thursday . Approximately 637,240 shares traded hands during trading, a decline of 36% from the previous session's volume of 990,254 shares.The stock last traded at $28.08 and had previously closed at $27.25.
Wall Street Analyst Weigh In
HMC has been the subject of several analyst reports. StockNews.com downgraded Honda Motor from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 2nd. UBS Group upgraded Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th.
View Our Latest Stock Report on Honda Motor
Honda Motor Trading Up 4.1 %
The company has a quick ratio of 1.12, a current ratio of 1.43 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $48.53 billion, a PE ratio of 7.00, a P/E/G ratio of 2.57 and a beta of 0.62. The business's fifty day moving average is $27.27 and its 200-day moving average is $30.22.
Honda Motor (NYSE:HMC - Get Free Report) last issued its earnings results on Wednesday, November 6th. The company reported $0.43 earnings per share for the quarter, missing analysts' consensus estimates of $0.86 by ($0.43). The firm had revenue of $36.24 billion during the quarter, compared to analyst estimates of $35.60 billion. Honda Motor had a net margin of 4.53% and a return on equity of 7.53%. As a group, analysts anticipate that Honda Motor Co., Ltd. will post 4.09 EPS for the current fiscal year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently bought and sold shares of the business. Rothschild Investment LLC purchased a new position in shares of Honda Motor in the 2nd quarter valued at $28,000. Wilmington Savings Fund Society FSB purchased a new position in Honda Motor in the third quarter valued at about $36,000. Addison Advisors LLC lifted its stake in shares of Honda Motor by 391.2% during the third quarter. Addison Advisors LLC now owns 1,282 shares of the company's stock worth $41,000 after purchasing an additional 1,021 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of Honda Motor by 31.0% in the third quarter. GAMMA Investing LLC now owns 2,382 shares of the company's stock worth $76,000 after buying an additional 564 shares during the period. Finally, BNP Paribas Financial Markets grew its stake in shares of Honda Motor by 84.6% in the third quarter. BNP Paribas Financial Markets now owns 2,510 shares of the company's stock valued at $80,000 after buying an additional 1,150 shares in the last quarter. 5.32% of the stock is owned by institutional investors and hedge funds.
Honda Motor Company Profile
(
Get Free Report)
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.
Featured Articles
Before you consider Honda Motor, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Honda Motor wasn't on the list.
While Honda Motor currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Click the link below to learn more about using beta to protect yourself.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
