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NYSE:HMC

Honda Motor (HMC) Stock Price, News & Analysis

$32.60
+0.87 (+2.74%)
(As of 11:29 AM ET)

About Honda Motor Stock (NYSE:HMC)

Key Stats

Today's Range
$32.56
$32.80
50-Day Range
$29.04
$32.96
52-Week Range
$27.69
$37.90
Volume
145,848 shs
Average Volume
924,576 shs
Market Capitalization
$55.77 billion
P/E Ratio
6.91
Dividend Yield
3.53%
Price Target
N/A
Consensus Rating
N/A

Company Overview

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. The Motorcycle Business segment produces motorcycles, including sports, business, and commuter models; and various off-road vehicles, such as all-terrain vehicles and side-by-sides. The Automobile Business segment offers passenger cars, light trucks, and mini vehicles. The Financial Services Business segment provides various financial services, including retail lending and leasing services to customers, as well as wholesale financing services to dealers. The Power Product and Other Businesses manufactures and sells power products, such as general purpose engines, lawn mowers, generators, water pumps, brush cutters, tillers, outboard marine engines, and snow throwers. This segment also offers HondaJet aircraft. The company also sells spare parts; and provides after-sale services through retail dealers directly, as well as through independent distributors and licensees. Honda Motor Co., Ltd. was founded in 1946 and is headquartered in Tokyo, Japan.

Honda Motor Stock Analysis - MarketRank™

See Top Rated MarketRank™ Stocks

Overall MarketRank™: 64th Percentile

Honda Motor scored higher than 64% of companies evaluated by MarketBeat, and ranked 43rd out of 89 stocks in the auto/tires/trucks sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Earnings Growth

    Earnings for Honda Motor are expected to decrease by -3.15% in the coming year, from $4.44 to $4.30 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Honda Motor is 6.91, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.52.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Honda Motor is 6.91, which means that it is trading at a less expensive P/E ratio than the Auto/Tires/Trucks sector average P/E ratio of about 10.51.

  • Price to Earnings Growth Ratio

    Honda Motor has a PEG Ratio of 2.88. PEG Ratios above 1 indicate that a company could be overvalued.

  • Price to Book Value per Share Ratio

    Honda Motor has a P/B Ratio of 0.62. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Honda Motor's valuation and earnings.
  • Percentage of Shares Shorted

    0.11% of the float of Honda Motor has been sold short.
  • Short Interest Ratio / Days to Cover

    Honda Motor has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Honda Motor has recently decreased by 8.42%, indicating that investor sentiment is improving significantly.
  • Dividend Leadership

    Honda Motor is a leading dividend payer. It pays a dividend yield of 3.66%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Honda Motor does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Honda Motor is 24.36%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Honda Motor will have a dividend payout ratio of 26.74% next year. This indicates that Honda Motor will be able to sustain or increase its dividend.

  • Read more about Honda Motor's dividend.
  • Percentage of Shares Shorted

    0.11% of the float of Honda Motor has been sold short.
  • Short Interest Ratio / Days to Cover

    Honda Motor has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Honda Motor has recently decreased by 8.42%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Honda Motor has a news sentiment score of 0.42. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Auto/Tires/Trucks companies.
  • News Coverage This Week

    MarketBeat has tracked 15 news articles for Honda Motor this week, compared to 9 articles on an average week.
  • Search Interest

    Only 7 people have searched for HMC on MarketBeat in the last 30 days. This is a decrease of -46% compared to the previous 30 days.
  • MarketBeat Follows

    Only 5 people have added Honda Motor to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Honda Motor insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    Only 0.01% of the stock of Honda Motor is held by insiders.

  • Percentage Held by Institutions

    Only 5.32% of the stock of Honda Motor is held by institutions.

  • Read more about Honda Motor's insider trading history.

HMC Stock News Headlines

Honda Motor Co., Ltd. (NYSE:HMC) Short Interest Update
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See More Headlines

HMC Stock Analysis - Frequently Asked Questions

Honda Motor's stock was trading at $30.91 on January 1st, 2024. Since then, HMC shares have increased by 5.5% and is now trading at $32.60.
View the best growth stocks for 2024 here
.

Honda Motor Co., Ltd. (NYSE:HMC) released its earnings results on Wednesday, August, 7th. The company reported $1.57 earnings per share for the quarter, topping analysts' consensus estimates of $1.19 by $0.38. The business earned $34.67 billion during the quarter, compared to analysts' expectations of $33.75 billion. Honda Motor had a trailing twelve-month return on equity of 8.72% and a net margin of 5.34%.

The following companies are subsidiaries of Honda Motor: Ubitricity, American Honda Finance Corporation, American Honda Motor Co. Inc., A.P. Honda Co. Ltd., Asian Honda Motor Co. Ltd., Banco Honda S.A., Honda Aero. Inc., and more.

Honda Motor's top institutional investors include Mondrian Investment Partners LTD (0.26%), Equity Investment Corp (0.12%), Dimensional Fund Advisors LP (0.10%) and Renaissance Technologies LLC (0.05%).

Shares of HMC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Honda Motor investors own include AT&T (T), Bank of America (BAC), Walmart (WMT), Walt Disney (DIS), Intel (INTC), Johnson & Johnson (JNJ) and Verizon Communications (VZ).

Company Calendar

Last Earnings
8/07/2024
Today
9/19/2024
Next Earnings (Estimated)
11/14/2024
Fiscal Year End
3/31/2025

Industry, Sector and Symbol

Industry
Motor vehicles & car bodies
Sub-Industry
N/A
Fax
N/A
Employees
194,993
Year Founded
1948

Profitability

Net Income
$7.64 billion
Pretax Margin
7.84%

Debt

Sales & Book Value

Annual Sales
$21.21 trillion
Cash Flow
$8.10 per share
Book Value
$52.46 per share

Miscellaneous

Outstanding Shares
1,710,600,000
Free Float
N/A
Market Cap
$55.85 billion
Optionable
Optionable
Beta
0.67

Social Links

Should I Buy Honda Motor Stock? HMC Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, September 8, 2024. Please send any questions or comments about these Honda Motor pros and cons to contact@marketbeat.com.

Honda Motor
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Honda Motor Co., Ltd.:

  • Honda Motor Co., Ltd. has a current ratio of 1.37 and a quick ratio of 1.07, indicating strong liquidity positions that can help the company meet its short-term obligations easily.
  • The company's stock has a P/E ratio of 6.63, which suggests that the stock may be undervalued compared to its earnings potential, making it an attractive investment opportunity.
  • With a 12-month low of $27.69 and a 12-month high of $37.90, Honda Motor Co., Ltd. has shown price resilience and potential for capital appreciation.
  • Institutional investors, such as Fisher Asset Management LLC and Mondrian Investment Partners LTD, have been increasing their positions in Honda Motor Co., Ltd., indicating confidence in the company's future growth prospects.
  • Honda Motor Co., Ltd. reported earnings per share of $1.57 for the quarter, surpassing analyst estimates by $0.38, showcasing strong financial performance and potential for future profitability.

Honda Motor
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Honda Motor Co., Ltd. for these reasons:

  • The company's PEG ratio of 3.01 indicates that the stock may be overvalued relative to its expected earnings growth, potentially limiting future returns for investors.
  • Honda Motor Co., Ltd. has a debt-to-equity ratio of 0.45, which suggests a moderate level of financial leverage that could pose risks in case of economic downturns or unfavorable market conditions.
  • The stock's beta of 0.68 implies lower volatility compared to the market, which may result in slower price movements and potentially lower returns for investors seeking higher-risk investments.
  • Despite beating earnings estimates, the company's revenue of $34.67 billion for the quarter was slightly below analyst expectations, indicating potential challenges in revenue growth and market competitiveness.
  • The stock's two-hundred day moving average price of $33.52 is below the current trading price, suggesting a possible downtrend in the stock's performance that investors should consider.

This page (NYSE:HMC) was last updated on 9/19/2024 by MarketBeat.com Staff
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