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

Honda Motor (NYSE:HMC) issued an update on its FY 2027 earnings guidance on Wednesday morning. The company provided EPS guidance of 1.934-1.934 for the period, compared to the consensus earnings per share 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 Trading Up 3.2%

Shares of HMC traded up $0.98 during trading hours on Friday, hitting $31.71. 1,072,964 shares of the stock were exchanged, compared to its average volume of 1,626,872. The business has a 50-day moving average of $27.83 and a 200-day moving average of $27.34. Honda Motor has a fifty-two week low of $23.25 and a fifty-two week high of $34.89. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.28 and a quick ratio of 1.03. The firm has a market capitalization of $49.50 billion, a P/E ratio of -45.32 and a beta of 0.42.

Honda Motor (NYSE:HMC) last issued its earnings results on Wednesday, July 1st. The company reported $2.14 earnings per share for the quarter. Honda Motor had a negative return on equity of 1.29% and a negative net margin of 0.73%.The business had revenue of $37.27 billion during the quarter. On average, research analysts expect that Honda Motor will post 1.96 EPS for the current year.

Analysts Set New Price Targets

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

Institutional Trading of Honda Motor

A number of large investors have recently made changes to their positions in the stock. Bank of America Corp DE increased its position in Honda Motor by 34.8% during the 3rd quarter. Bank of America Corp DE now owns 4,200,280 shares of the company’s stock worth $129,369,000 after purchasing an additional 1,083,245 shares in the last quarter. First Trust Advisors LP lifted its stake in Honda Motor by 6.4% during the fourth quarter. First Trust Advisors LP now owns 1,198,316 shares of the company’s stock valued at $35,326,000 after purchasing an additional 72,476 shares during the last quarter. Raymond James Financial Inc. raised its stake in Honda Motor by 11.3% during the 3rd quarter. Raymond James Financial Inc. now owns 514,818 shares of the company’s stock valued at $15,856,000 after purchasing an additional 52,267 shares during the period. Balyasny Asset Management L.P. purchased a new stake in shares of Honda Motor in the second quarter valued at $12,987,000. Finally, Royal Bank of Canada boosted its position in Honda Motor by 10.5% during the 4th quarter. Royal Bank of Canada now owns 354,231 shares of the company’s stock worth $10,442,000 after acquiring an additional 33,595 shares during the period. Institutional investors and hedge funds own 5.32% of the company’s stock.

Honda Motor Company Profile

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.