Honda Motor (NYSE:HMC – Get Free Report) was downgraded by equities researchers at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Wednesday.
Honda Motor Price Performance
Shares of NYSE HMC opened at $30.28 on Wednesday. The stock’s 50-day simple moving average is $31.91 and its two-hundred day simple moving average is $32.48. The firm has a market capitalization of $51.79 billion, a P/E ratio of 6.41, a P/E/G ratio of 2.76 and a beta of 0.67. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 0.45. Honda Motor has a twelve month low of $27.69 and a twelve month high of $37.90.
Honda Motor (NYSE:HMC – Get Free Report) last announced its quarterly earnings data on Wednesday, August 7th. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.19 by $0.38. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. The company had revenue of $34.67 billion during the quarter, compared to analysts’ expectations of $33.75 billion. As a group, equities analysts anticipate that Honda Motor will post 4.6 EPS for the current fiscal year.
Hedge Funds Weigh In On Honda Motor
About Honda Motor
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.
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