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

Honda Motor (NYSE:HMC) issued an update on its FY 2027 earnings guidance on Wednesday. The company provided earnings per share guidance of 1.934-1.934 for the period, compared to the consensus EPS estimate of 2.520. The company issued revenue guidance of $151.5 billion-$151.5 billion, compared to the consensus revenue estimate of $139.9 billion.

Honda Motor Price Performance

NYSE:HMC opened at $30.11 on Wednesday. The company has a quick ratio of 1.03, a current ratio of 1.28 and a debt-to-equity ratio of 0.70. Honda Motor has a 52 week low of $23.25 and a 52 week high of $34.89. The stock’s 50-day moving average price is $27.68 and its 200-day moving average price is $27.34. The stock has a market capitalization of $47.00 billion, a PE ratio of -15.77 and a beta of 0.42.

Honda Motor (NYSE:HMC) last announced its earnings results on Wednesday, July 1st. The company reported $2.14 earnings per share for the quarter. The business had revenue of $37.27 billion during the quarter. Honda Motor had a negative return on equity of 3.07% and a negative net margin of 1.75%. As a group, equities analysts expect that Honda Motor will post 1.65 EPS for the current fiscal year.

Analyst Ratings Changes

Several research analysts recently commented on the company. Zacks Research raised Honda Motor from a “strong sell” rating to a “hold” rating in a research note on Friday, June 19th. Wall Street Zen raised shares of Honda Motor from a “sell” rating to a “hold” rating in a research note on Saturday, May 16th. Finally, Weiss Ratings downgraded shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, June 3rd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $25.00.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in shares of Honda Motor by 34.8% in the 3rd quarter. Bank of America Corp DE now owns 4,200,280 shares of the company’s stock valued at $129,369,000 after purchasing an additional 1,083,245 shares during the last quarter. First Trust Advisors LP increased its position in shares of Honda Motor by 6.4% during the 4th quarter. First Trust Advisors LP now owns 1,198,316 shares of the company’s stock worth $35,326,000 after purchasing an additional 72,476 shares during the last quarter. Raymond James Financial Inc. raised its holdings in Honda Motor by 11.3% in the 3rd quarter. Raymond James Financial Inc. now owns 514,818 shares of the company’s stock valued at $15,856,000 after buying an additional 52,267 shares during the period. Balyasny Asset Management L.P. acquired a new position in Honda Motor in the second quarter valued at about $12,987,000. Finally, Royal Bank of Canada lifted its position in Honda Motor by 10.5% in the fourth quarter. Royal Bank of Canada now owns 354,231 shares of the company’s stock valued at $10,442,000 after buying an additional 33,595 shares during the last quarter. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

About Honda Motor

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.