Hitachi (OTCMKTS:HTHIY) Stock Rating Upgraded by Zacks Research

Hitachi (OTCMKTS:HTHIY) was upgraded by research analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a research note issued on Wednesday, Zacks reports.

Hitachi Price Performance

Shares of OTCMKTS:HTHIY opened at $34.50 on Wednesday. The company has a market capitalization of $156.48 billion, a P/E ratio of 29.74, a price-to-earnings-growth ratio of 1.33 and a beta of 0.92. The company’s 50-day moving average is $31.94 and its 200 day moving average is $31.40. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.85 and a current ratio of 1.09. Hitachi has a fifty-two week low of $25.28 and a fifty-two week high of $39.00.

Hitachi (OTCMKTS:HTHIY) last posted its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.21 by $0.06. The business had revenue of $16.53 billion during the quarter, compared to the consensus estimate of $15.50 billion. Hitachi had a net margin of 7.30% and a return on equity of 12.07%. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS. On average, equities research analysts forecast that Hitachi will post 1.36 earnings per share for the current year.

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.