Honda Motor Co., Ltd. (NYSE:HMC - Get Free Report)'s stock price gapped down before the market opened on Friday . The stock had previously closed at $28.77, but opened at $27.87. Honda Motor shares last traded at $27.46, with a volume of 307,151 shares traded.
Wall Street Analyst Weigh In
A number of research firms have commented on HMC. UBS Group upgraded Honda Motor from a "sell" rating to a "neutral" rating in a research report on Wednesday, December 18th. StockNews.com upgraded Honda Motor from a "hold" rating to a "buy" rating in a report on Wednesday, February 19th.
View Our Latest Report on HMC
Honda Motor Trading Down 1.0 %
The firm has a 50-day moving average of $28.47 and a 200 day moving average of $28.71. The company has a market cap of $41.94 billion, a P/E ratio of 6.25 and a beta of 0.61. The company has a current ratio of 1.38, a quick ratio of 1.10 and a debt-to-equity ratio of 0.51.
Honda Motor (NYSE:HMC - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The company reported $1.31 EPS for the quarter, topping the consensus estimate of $0.94 by $0.37. Honda Motor had a net margin of 4.76% and a return on equity of 7.81%. The company had revenue of $36.31 billion during the quarter, compared to the consensus estimate of $35.31 billion. On average, analysts predict that Honda Motor Co., Ltd. will post 3.99 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
A number of institutional investors have recently added to or reduced their stakes in HMC. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Honda Motor by 146.3% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 28,598 shares of the company's stock valued at $816,000 after acquiring an additional 16,987 shares in the last quarter. Forum Financial Management LP increased its stake in Honda Motor by 21.5% during the 4th quarter. Forum Financial Management LP now owns 54,016 shares of the company's stock valued at $1,542,000 after purchasing an additional 9,559 shares in the last quarter. Vise Technologies Inc. raised its holdings in Honda Motor by 9.9% during the fourth quarter. Vise Technologies Inc. now owns 38,252 shares of the company's stock worth $1,092,000 after buying an additional 3,439 shares during the last quarter. Waverly Advisors LLC bought a new position in shares of Honda Motor in the fourth quarter valued at $289,000. Finally, Tiger Pacific Capital LP acquired a new position in shares of Honda Motor during the fourth quarter valued at about $8,225,000. 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.
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