FY2027 EPS Estimates for Hitachi Cut by Erste Group Bank

Hitachi Ltd. (OTCMKTS:HTHIY) – Equities research analysts at Erste Group Bank lowered their FY2027 earnings per share (EPS) estimates for shares of Hitachi in a research note issued to investors on Friday, September 18th. Erste Group Bank analyst S. Lingnau now anticipates that the conglomerate will post earnings of $1.38 per share for the year, down from their previous forecast of $1.40. The consensus estimate for Hitachi’s current full-year earnings is $1.37 per share. Erste Group Bank also issued estimates for Hitachi’s FY2028 earnings at $1.65 EPS.

A number of other equities research analysts have also recently issued reports on HTHIY. Sanford C. Bernstein started coverage on Hitachi in a research report on Tuesday, September 15th. They set an “outperform” rating for the company. Zacks Research raised Hitachi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy”.

Hitachi Trading Up 1.2%

OTCMKTS HTHIY opened at $36.34 on Wednesday. Hitachi has a 1-year low of $25.77 and a 1-year high of $39.00. The firm’s fifty day simple moving average is $33.42 and its 200-day simple moving average is $31.62. The company has a current ratio of 1.09, a quick ratio of 0.83 and a debt-to-equity ratio of 0.08. The company has a market capitalization of $164.82 billion, a PE ratio of 31.33, a price-to-earnings-growth ratio of 1.40 and a beta of 0.92.

Hitachi (OTCMKTS:HTHIY) last issued its quarterly earnings results on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. The company 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.

About Hitachi

Hitachi, Ltd. is a Japanese technology and industrial company that provides products, systems and services for businesses, governments and infrastructure operators worldwide. Its operations combine information technology, digital solutions and engineering capabilities to help customers improve efficiency, resilience and sustainability.

The company’s principal activities include digital systems and services, enterprise software, data and information technology solutions, railway systems, power and energy infrastructure, industrial equipment, building systems, healthcare technology and advanced manufacturing products.