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

Honda Motor (NYSE:HMC – Get Free Report) updated its FY 2027 earnings guidance on Wednesday. The company provided EPS guidance of 2.421-2.421 for the period, compared to the consensus estimate of 3.210. The company issued revenue guidance of $153.3 billion, compared to the consensus revenue estimate of $148.1 billion.

Honda Motor Stock Performance

HMC opened at $33.59 on Friday. The firm has a market cap of $52.43 billion, a P/E ratio of -34.27 and a beta of 0.49. Honda Motor has a 1-year low of $23.25 and a 1-year high of $36.88. The company has a 50 day simple moving average of $33.16 and a two-hundred day simple moving average of $29.13. The company has a debt-to-equity ratio of 0.73, a current ratio of 1.32 and a quick ratio of 1.04.

Honda Motor (NYSE:HMC – Get Free Report) last released its earnings results on Tuesday, November 10th. The company reported $0.32 EPS for the quarter, missing the consensus estimate of $0.95 by ($0.63). Honda Motor had a negative return on equity of 1.78% and a negative net margin of 0.97%. The company had revenue of $39.13 billion during the quarter, compared to analysts’ expectations of $36.68 billion. Equities analysts forecast that Honda Motor will post 2.42 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of research firms have weighed in on HMC. Zacks Research upgraded shares of Honda Motor from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 17th. Weiss Ratings raised shares of Honda Motor from a “sell (d)” rating to a “sell (d+)” rating in a research report on Thursday, October 22nd. BNP Paribas Exane began coverage on shares of Honda Motor in a research report on Friday, September 18th. They set a “neutral” rating and a $34.00 target price on the stock. Finally, Wall Street Zen upgraded Honda Motor from a “hold” rating to a “buy” rating in a report on Saturday, September 19th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Honda Motor presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Check Out Our Latest Stock Analysis on HMC

About Honda Motor

(Get Free Report)

Honda Motor Co., Ltd. is a Japan-based manufacturer of automobiles, motorcycles and other mobility products. Its vehicle lineup includes passenger cars, SUVs and electrified models, while its motorcycle business serves consumers and commercial users in markets around the world. The company also makes power equipment, marine engines and other products, and provides financial services that support vehicle and equipment sales. Honda’s aviation subsidiary, Honda Aircraft Company, develops and manufactures the HondaJet business aircraft.

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Earnings History and Estimates for Honda Motor (NYSE:HMC)

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