Hitachi (OTCMKTS:HTHIY) Announces Quarterly Earnings Results

Hitachi (OTCMKTS:HTHIY) announced its quarterly earnings results on Wednesday. The conglomerate reported $0.27 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06, Zacks reports. Hitachi had a return on equity of 12.50% and a net margin of 7.64%. Hitachi updated its FY 2026 guidance to 1.257-1.257 EPS.

Hitachi Stock Performance

OTCMKTS HTHIY traded up $1.43 during trading on Wednesday, hitting $31.27. The company’s stock had a trading volume of 94,383 shares, compared to its average volume of 616,984. Hitachi has a 52 week low of $25.00 and a 52 week high of $39.00. The firm has a market cap of $141.85 billion, a P/E ratio of 26.50, a price-to-earnings-growth ratio of 1.37 and a beta of 0.92. The firm has a 50 day moving average price of $30.13 and a 200 day moving average price of $31.39. The company has a quick ratio of 0.85, a current ratio of 1.10 and a debt-to-equity ratio of 0.08.

Analysts Set New Price Targets

Separately, Zacks Research lowered Hitachi from a “hold” rating to a “strong sell” rating in a report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold”.

Hitachi Company Profile

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.