Honda Motor (NYSE:HMC) Updates FY 2027 Earnings Guidance

Honda Motor (NYSE:HMC) issued an update on its FY 2027 earnings guidance on Thursday morning. The company provided EPS guidance of 1.278-1.278 for the period, compared to the consensus EPS estimate of 1.880. The company issued revenue guidance of $147.6 billion-$147.6 billion, compared to the consensus revenue estimate of $142.1 billion.

Honda Motor Trading Up 1.1%

Shares of NYSE:HMC opened at $24.37 on Thursday. The company has a market cap of $38.04 billion, a P/E ratio of 9.71 and a beta of 0.41. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.36 and a quick ratio of 1.09. Honda Motor has a 1 year low of $23.25 and a 1 year high of $34.89. The stock’s fifty day moving average price is $24.96 and its 200-day moving average price is $28.46.

Honda Motor (NYSE:HMC) last released its quarterly earnings results on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, beating the consensus estimate of ($5.74) by $1.50. Honda Motor had a return on equity of 4.01% and a net margin of 2.34%.Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. Sell-side analysts expect that Honda Motor will post -2.61 earnings per share for the current year.

Analyst Ratings Changes

Several analysts have recently issued reports on the stock. Morgan Stanley cut shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 11th. Weiss Ratings lowered shares of Honda Motor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 16th. Wall Street Zen lowered shares of Honda Motor from a “hold” rating to a “sell” rating in a research report on Saturday, March 14th. BNP Paribas Exane assumed coverage on shares of Honda Motor in a research report on Thursday, February 12th. They issued an “underperform” rating and a $25.00 price objective on the stock. Finally, Zacks Research lowered shares of Honda Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, April 6th. One analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $25.00.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in HMC. Bank of America Corp DE lifted its stake in shares of Honda Motor by 34.8% during the third quarter. Bank of America Corp DE now owns 4,200,280 shares of the company’s stock worth $129,369,000 after buying an additional 1,083,245 shares during the period. Balyasny Asset Management L.P. purchased a new position in shares of Honda Motor during the second quarter worth $12,987,000. Qube Research & Technologies Ltd purchased a new position in shares of Honda Motor during the third quarter worth $3,515,000. Quantinno Capital Management LP raised its holdings in shares of Honda Motor by 55.4% during the second quarter. Quantinno Capital Management LP now owns 310,173 shares of the company’s stock worth $8,942,000 after purchasing an additional 110,588 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in shares of Honda Motor by 41.4% during the first quarter. Millennium Management LLC now owns 342,491 shares of the company’s stock worth $9,292,000 after purchasing an additional 100,330 shares during the last quarter. Hedge funds and other institutional investors own 5.32% of the company’s stock.

Honda Motor Company Profile

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.