Erste Group Bank Predicts Stronger Earnings for Hitachi

Hitachi Ltd. (OTCMKTS:HTHIY) – Erste Group Bank boosted their FY2027 earnings per share estimates for Hitachi in a research note issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now expects that the conglomerate will earn $1.35 per share for the year, up from their previous estimate of $1.31. The consensus estimate for Hitachi’s current full-year earnings is $1.37 per share. Erste Group Bank also issued estimates for Hitachi’s FY2028 earnings at $1.57 EPS.

Hitachi (OTCMKTS:HTHIY) last posted its earnings results on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.21 by $0.06. Hitachi had a return on equity of 12.02% and a net margin of 7.30%.The company had revenue of $16.53 billion during the quarter, compared to analysts’ expectations of $15.50 billion. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Separately, Zacks Research upgraded shares of Hitachi from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, Hitachi has a consensus rating of “Moderate Buy”.

Hitachi Stock Performance

OTCMKTS HTHIY opened at $33.93 on Monday. The stock has a fifty day simple moving average of $31.62 and a 200-day simple moving average of $31.44. The company has a current ratio of 1.10, a quick ratio of 0.85 and a debt-to-equity ratio of 0.08. The stock has a market cap of $153.89 billion, a PE ratio of 29.25, a P/E/G ratio of 1.35 and a beta of 0.91. Hitachi has a twelve month low of $25.00 and a twelve month high of $39.00.

About Hitachi

Hitachi, Ltd. (OTCMKTS:HTHIY) is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a “social innovation” company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.

The company’s activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions.