Hitachi (HTHIY) to Release Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) is expected to release its results before the market opens on Wednesday, October 29th. Analysts expect Hitachi to post earnings of $0.24 per share and revenue of $2,463.2693 billion for the quarter. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS.

Hitachi (OTCMKTS:HTHIY) last issued its quarterly earnings data on Thursday, July 31st. The conglomerate reported $0.29 earnings per share for the quarter, meeting the consensus estimate of $0.29. Hitachi had a return on equity of 10.83% and a net margin of 6.45%.The business had revenue of $15.16 billion for the quarter, compared to analysts’ expectations of $2,342.55 billion. On average, analysts expect Hitachi to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hitachi Price Performance

Shares of OTCMKTS:HTHIY opened at $30.08 on Monday. The company has a current ratio of 1.12, a quick ratio of 0.85 and a debt-to-equity ratio of 0.13. The stock’s fifty day simple moving average is $27.94 and its two-hundred day simple moving average is $27.80. Hitachi has a 1-year low of $18.30 and a 1-year high of $32.00. The stock has a market cap of $137.78 billion, a PE ratio of 11.29, a price-to-earnings-growth ratio of 1.40 and a beta of 0.83.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on HTHIY. Erste Group Bank upgraded Hitachi to a “hold” rating in a research note on Friday, October 3rd. Zacks Research upgraded Hitachi from a “strong sell” rating to a “hold” rating in a research note on Tuesday, October 21st. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.