FY2027 EPS Estimates for Hitachi Lowered by Erste Group Bank

Hitachi Ltd. (OTCMKTS:HTHIY) – Equities researchers at Erste Group Bank dropped their FY2027 earnings per share (EPS) estimates for shares of Hitachi in a research report issued to clients and investors on Thursday, June 25th. Erste Group Bank analyst S. Lingnau now expects that the conglomerate will earn $1.27 per share for the year, down from their prior forecast of $1.28. The consensus estimate for Hitachi’s current full-year earnings is $1.29 per share. Erste Group Bank also issued estimates for Hitachi’s FY2028 earnings at $1.48 EPS.

Hitachi (OTCMKTS:HTHIY) last released its quarterly earnings data on Monday, April 27th. The conglomerate reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.02. The business had revenue of $19.38 billion during the quarter, compared to analysts’ expectations of $19.44 billion. Hitachi had a return on equity of 12.68% and a net margin of 7.64%.

Hitachi Stock Performance

Shares of HTHIY stock opened at $27.73 on Wednesday. The firm has a market capitalization of $125.77 billion, a price-to-earnings ratio of 23.50, a PEG ratio of 1.24 and a beta of 0.90. The stock has a fifty day moving average of $31.00 and a 200 day moving average of $31.76. Hitachi has a 52 week low of $25.00 and a 52 week high of $39.00. The company has a quick ratio of 0.81, a current ratio of 1.08 and a debt-to-equity ratio of 0.08.

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.