Shares of Honda Motor Co Ltd (NYSE:HMC) have received a consensus recommendation of “Hold” from the five brokerages that are covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have given a buy rating to the company. The average 1 year price objective among brokerages that have updated their coverage on the stock in the last year is $42.00.

Several equities analysts have commented on HMC shares. Nomura upgraded shares of Honda Motor from a “neutral” rating to a “buy” rating in a research note on Tuesday, February 19th. Zacks Investment Research downgraded shares of Honda Motor from a “buy” rating to a “hold” rating in a research note on Thursday, March 7th. Finally, ValuEngine downgraded shares of Honda Motor from a “sell” rating to a “strong sell” rating in a research note on Wednesday, February 13th.

Honda Motor stock traded down $0.37 during trading on Thursday, hitting $27.74. The company had a trading volume of 532,534 shares, compared to its average volume of 586,279. Honda Motor has a 1-year low of $25.30 and a 1-year high of $35.21. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.95 and a current ratio of 1.23. The company has a market capitalization of $49.99 billion, a PE ratio of 7.66, a price-to-earnings-growth ratio of 4.50 and a beta of 0.94.

Honda Motor (NYSE:HMC) last posted its earnings results on Friday, February 1st. The company reported $0.85 earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.85. Honda Motor had a net margin of 4.73% and a return on equity of 8.49%. The firm had revenue of $3,957.12 billion during the quarter, compared to the consensus estimate of $3,956.54 billion. During the same quarter last year, the firm earned $318.50 EPS. The firm’s revenue for the quarter was down .4% on a year-over-year basis. As a group, equities research analysts forecast that Honda Motor will post 3.85 earnings per share for the current year.

Several large investors have recently bought and sold shares of the business. American Century Companies Inc. lifted its position in shares of Honda Motor by 2.2% during the 4th quarter. American Century Companies Inc. now owns 5,306,274 shares of the company’s stock worth $140,351,000 after purchasing an additional 113,826 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Honda Motor by 37.7% during the 4th quarter. Bank of America Corp DE now owns 1,617,874 shares of the company’s stock worth $42,793,000 after purchasing an additional 443,135 shares during the last quarter. D. E. Shaw & Co. Inc. lifted its position in shares of Honda Motor by 0.3% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 567,088 shares of the company’s stock worth $15,000,000 after purchasing an additional 1,942 shares during the last quarter. Millennium Management LLC lifted its position in shares of Honda Motor by 34.1% during the 4th quarter. Millennium Management LLC now owns 430,541 shares of the company’s stock worth $11,388,000 after purchasing an additional 109,513 shares during the last quarter. Finally, JPMorgan Chase & Co. lifted its position in shares of Honda Motor by 35.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 380,166 shares of the company’s stock worth $11,436,000 after purchasing an additional 100,187 shares during the last quarter. Institutional investors and hedge funds own 2.07% of the company’s stock.

About Honda Motor

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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