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

Honda Motor (NYSE:HMC) updated its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.421-2.421 for the period, compared to the consensus earnings per share estimate of 3.210. The company issued revenue guidance of $153.3 billion, compared to the consensus revenue estimate of $148.1 billion.

Analyst Ratings Changes

A number of research firms have recently issued reports on HMC. Wall Street Zen upgraded shares of Honda Motor from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. Weiss Ratings raised Honda Motor from a “sell (d)” rating to a “sell (d+)” rating in a report on Thursday, October 22nd. Zacks Research raised shares of Honda Motor from a “hold” rating to a “strong-buy” rating in a research note on Monday, August 17th. Finally, BNP Paribas Exane assumed coverage on shares of Honda Motor in a research note on Friday, September 18th. They issued a “neutral” rating and a $34.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $34.00.

Honda Motor Stock Performance

NYSE:HMC opened at $33.37 on Thursday. Honda Motor has a 12-month low of $23.25 and a 12-month high of $36.88. The stock’s 50 day moving average price is $33.14 and its two-hundred day moving average price is $29.11. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.04 and a current ratio of 1.29.

Honda Motor (NYSE:HMC) last issued its earnings results on Tuesday, November 10th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.63). The business had revenue of $39.13 billion for the quarter, compared to the consensus estimate of $36.68 billion. Honda Motor had a negative return on equity of 1.76% and a negative net margin of 0.97%. On average, equities research analysts predict that Honda Motor will post 2.32 EPS for the current year.

Honda Motor Company Profile

Honda Motor Co., Ltd. is a Japan-based manufacturer of automobiles, motorcycles and other mobility products. Its vehicle lineup includes passenger cars, SUVs and electrified models, while its motorcycle business serves consumers and commercial users in markets around the world. The company also makes power equipment, marine engines and other products, and provides financial services that support vehicle and equipment sales. Honda’s aviation subsidiary, Honda Aircraft Company, develops and manufactures the HondaJet business aircraft.