StockNews.com upgraded shares of Honda Motor (NYSE:HMC – Free Report) from a buy rating to a strong-buy rating in a research report released on Saturday morning.
Honda Motor Trading Down 0.6 %
Shares of Honda Motor stock opened at $31.37 on Friday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 1.13 and a current ratio of 1.43. The business has a 50 day moving average of $33.41 and a 200 day moving average of $33.67. Honda Motor has a 52 week low of $29.05 and a 52 week high of $37.90.
Honda Motor (NYSE:HMC – Get Free Report) last announced its earnings results on Friday, May 10th. The company reported $0.99 EPS for the quarter, beating analysts’ consensus estimates of $0.44 by $0.55. The company had revenue of $36.56 billion during the quarter, compared to the consensus estimate of $37.96 billion. Honda Motor had a return on equity of 8.79% and a net margin of 5.46%. On average, equities research analysts predict that Honda Motor will post 4.5 EPS for the current fiscal year.
Institutional Investors Weigh In On Honda Motor
Honda Motor Company Profile
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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