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

Honda Motor (NYSE:HMC) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 1.278-1.278 for the period, compared to the consensus EPS estimate of 1.880. The company issued revenue guidance of $147.6 billion-$147.6 billion, compared to the consensus revenue estimate of $142.1 billion.

Honda Motor Stock Up 5.5%

HMC stock opened at $25.71 on Friday. The stock’s fifty day simple moving average is $24.91 and its two-hundred day simple moving average is $28.42. The company has a current ratio of 1.36, a quick ratio of 1.09 and a debt-to-equity ratio of 0.65. Honda Motor has a 1-year low of $23.25 and a 1-year high of $34.89. The stock has a market cap of $40.12 billion, a P/E ratio of 10.24 and a beta of 0.41.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Wednesday, February 11th. The company reported $0.76 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.24. Honda Motor had a return on equity of 4.01% and a net margin of 2.34%.The business had revenue of $29.99 billion for the quarter, compared to analysts’ expectations of $33.34 billion. Analysts expect that Honda Motor will post -2.61 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on HMC shares. BNP Paribas Exane started coverage on Honda Motor in a research report on Thursday, February 12th. They issued an “underperform” rating and a $25.00 price objective on the stock. Morgan Stanley cut Honda Motor from an “overweight” rating to an “equal weight” rating in a research report on Wednesday, March 11th. Weiss Ratings cut Honda Motor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 16th. Zacks Research lowered Honda Motor from a “hold” rating to a “strong sell” rating in a research note on Monday, April 6th. Finally, Wall Street Zen lowered Honda Motor from a “hold” rating to a “sell” rating in a research note on Saturday, March 14th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, Honda Motor presently has an average rating of “Reduce” and an average price target of $25.00.

Institutional Trading of Honda Motor

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd bought a new stake in shares of Honda Motor during the 3rd quarter valued at $26,000. WealthCollab LLC raised its stake in shares of Honda Motor by 66.2% during the 2nd quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after purchasing an additional 365 shares during the period. Newbridge Financial Services Group Inc. bought a new stake in shares of Honda Motor during the 2nd quarter valued at $29,000. Geneos Wealth Management Inc. raised its stake in shares of Honda Motor by 121.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 2,119 shares of the company’s stock valued at $57,000 after purchasing an additional 1,161 shares during the period. Finally, Transamerica Financial Advisors LLC increased its stake in Honda Motor by 46.4% in the 4th quarter. Transamerica Financial Advisors LLC now owns 2,457 shares of the company’s stock worth $72,000 after acquiring an additional 779 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors.

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.