Hitachi (HTHIY) Projected to Post Quarterly Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) is anticipated to post its results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $18.57 billion for the quarter. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Hitachi (OTCMKTS:HTHIY) last issued its earnings results on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share for the quarter, beating the consensus estimate of $0.21 by $0.06. Hitachi had a net margin of 7.30% and a return on equity of 12.07%. The firm had revenue of $16.53 billion for the quarter, compared to analysts’ expectations of $15.50 billion. On average, analysts expect Hitachi to post $1.37 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.

Hitachi Trading Up 2.5%

OTCMKTS HTHIY opened at $37.12 on Wednesday. Hitachi has a 52 week low of $27.22 and a 52 week high of $39.00. The firm has a 50 day moving average of $34.92 and a two-hundred day moving average of $32.41. The stock has a market capitalization of $168.36 billion, a PE ratio of 32.00, a price-to-earnings-growth ratio of 1.26 and a beta of 0.97. The company has a quick ratio of 0.83, a current ratio of 1.09 and a debt-to-equity ratio of 0.08.

Analyst Upgrades and Downgrades

HTHIY has been the topic of several research analyst reports. Zacks Research upgraded shares of Hitachi from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 2nd. Sanford C. Bernstein began coverage on shares of Hitachi in a research note on Tuesday, September 15th. They issued an “outperform” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. According to data from MarketBeat, Hitachi has an average rating of “Strong Buy”.

About Hitachi

Hitachi, Ltd. is a Japanese technology and engineering company that develops digital, infrastructure and industrial solutions for customers worldwide. Founded in 1910 and headquartered in Tokyo, the company has evolved from an electrical equipment manufacturer into a diversified provider of systems and services supporting social infrastructure and business operations.

Hitachi’s principal activities include digital systems and services, energy systems, railway systems, industrial equipment and healthcare technology.