Honda Motor (NYSE:HMC – Get Free Report) was downgraded by research analysts at StockNews.com from a “strong-buy” rating to a “buy” rating in a research note issued to investors on Wednesday.
Honda Motor Trading Down 0.1 %
HMC traded down $0.04 during trading on Wednesday, reaching $30.41. 760,400 shares of the stock traded hands, compared to its average volume of 891,446. The stock has a market capitalization of $52.01 billion, a PE ratio of 6.44, a P/E/G ratio of 2.76 and a beta of 0.67. The stock’s 50-day moving average is $31.91 and its 200 day moving average is $32.48. The company has a quick ratio of 1.07, a current ratio of 1.37 and a debt-to-equity ratio of 0.45. Honda Motor has a 12 month low of $27.69 and a 12 month high of $37.90.
Honda Motor (NYSE:HMC – Get Free Report) last issued its quarterly earnings results on Wednesday, August 7th. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.19 by $0.38. Honda Motor had a net margin of 5.34% and a return on equity of 8.72%. The company had revenue of $34.67 billion during the quarter, compared to analyst estimates of $33.75 billion. Equities analysts anticipate that Honda Motor will post 4.6 earnings per share for the current year.
Hedge Funds Weigh In On Honda Motor
Honda Motor Company Profile
Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.
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