Shares of Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as $24.49 and last traded at $24.49, with a volume of 44095 shares changing hands. The stock had previously closed at $25.26.
Wall Street Analysts Forecast Growth
Several equities research analysts have commented on the company. UBS Group upgraded Honda Motor from a "sell" rating to a "neutral" rating in a research note on Wednesday. StockNews.com lowered shares of Honda Motor from a "strong-buy" rating to a "buy" rating in a report on Saturday, November 2nd.
Check Out Our Latest Research Report on HMC
Honda Motor Price Performance
The firm has a market cap of $41.12 billion, a price-to-earnings ratio of 5.94, a price-to-earnings-growth ratio of 2.57 and a beta of 0.62. The company has a debt-to-equity ratio of 0.49, a quick ratio of 1.12 and a current ratio of 1.43. The company's fifty day moving average is $27.88 and its two-hundred day moving average is $30.48.
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 the consensus estimate of $0.86 by ($0.43). The company had revenue of $36.24 billion during the quarter, compared to analysts' expectations of $35.60 billion. Honda Motor had a return on equity of 7.53% and a net margin of 4.53%. Equities research analysts forecast that Honda Motor Co., Ltd. will post 4.09 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Rothschild Investment LLC purchased a new stake in Honda Motor during the 2nd quarter worth $28,000. LRI Investments LLC grew its stake in shares of Honda Motor by 1,263.6% during the second quarter. LRI Investments LLC now owns 900 shares of the company's stock valued at $29,000 after acquiring an additional 834 shares in the last quarter. Family Firm Inc. purchased a new stake in shares of Honda Motor during the second quarter worth about $35,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Honda Motor in the third quarter worth about $36,000. Finally, Addison Advisors LLC boosted its holdings in Honda Motor by 391.2% in the third quarter. Addison Advisors LLC now owns 1,282 shares of the company's stock valued at $41,000 after purchasing an additional 1,021 shares during 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
Which stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
