Honda Motor Co Ltd (NYSE:HMC) has received a consensus rating of “Buy” from the eight brokerages that are presently covering the stock, MarketBeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have given a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among analysts that have covered the stock in the last year is $36.50.

A number of equities research analysts recently weighed in on HMC shares. Zacks Investment Research raised shares of Honda Motor from a “hold” rating to a “strong-buy” rating and set a $33.00 target price on the stock in a research note on Wednesday, October 10th. ValuEngine downgraded shares of Honda Motor from a “sell” rating to a “strong sell” rating in a research note on Friday, November 2nd.

HMC stock traded down $1.04 during trading on Friday, reaching $27.68. 902,171 shares of the company were exchanged, compared to its average volume of 707,900. The stock has a market cap of $51.03 billion, a price-to-earnings ratio of 7.65, a P/E/G ratio of 2.72 and a beta of 0.95. Honda Motor has a twelve month low of $26.04 and a twelve month high of $37.29. The company has a debt-to-equity ratio of 0.48, a current ratio of 1.22 and a quick ratio of 0.94.

Honda Motor (NYSE:HMC) last issued its earnings results on Tuesday, October 30th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.79 by $0.28. The business had revenue of $34.46 billion for the quarter, compared to analyst estimates of $34.59 billion. Honda Motor had a net margin of 7.29% and a return on equity of 9.17%. On average, equities research analysts anticipate that Honda Motor will post 3.64 EPS for the current fiscal year.

A number of large investors have recently modified their holdings of HMC. NumerixS Investment Technologies Inc bought a new position in shares of Honda Motor during the 2nd quarter valued at approximately $114,000. CAPROCK Group Inc. bought a new position in shares of Honda Motor during the 3rd quarter valued at approximately $205,000. Point72 Asset Management L.P. bought a new position in shares of Honda Motor during the 3rd quarter valued at approximately $208,000. Hilltop Holdings Inc. bought a new position in shares of Honda Motor during the 3rd quarter valued at approximately $210,000. Finally, Rhumbline Advisers bought a new position in shares of Honda Motor during the 3rd quarter valued at approximately $231,000. 2.11% of the stock is owned by institutional investors and hedge funds.

Honda Motor Company Profile

Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power products, and other products worldwide. The company operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses. The Motorcycle Business segment produces sports models, including trial and moto-cross racing vehicles; business and commuter models; all-terrain vehicles; and side-by-side models.

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Analyst Recommendations for Honda Motor (NYSE:HMC)

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