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

Honda Motor (NYSE:HMC) updated its FY 2027 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 1.278-1.278 for the period, compared to the consensus estimate of 1.880. The company issued revenue guidance of $147.6 billion-$147.6 billion, compared to the consensus revenue estimate of $142.1 billion.

Honda Motor Trading Up 4.4%

Shares of HMC traded up $1.08 during mid-day trading on Thursday, hitting $25.45. 224,509 shares of the company’s stock traded hands, compared to its average volume of 1,510,390. The company has a quick ratio of 1.09, a current ratio of 1.36 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $39.73 billion, a P/E ratio of 10.10 and a beta of 0.41. The business’s 50-day moving average price is $24.96 and its 200-day moving average price is $28.46. Honda Motor has a 1 year low of $23.25 and a 1 year high of $34.89.

Honda Motor (NYSE:HMC) last announced its quarterly earnings results on Thursday, May 14th. The company reported ($4.24) EPS for the quarter, topping analysts’ consensus estimates of ($5.74) by $1.50. Honda Motor had a return on equity of 4.01% and a net margin of 2.34%.Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. As a group, sell-side analysts forecast that Honda Motor will post -2.61 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on HMC. Weiss Ratings cut shares of Honda Motor from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Thursday, April 16th. Zacks Research lowered Honda Motor from a “hold” rating to a “strong sell” rating in a research report on Monday, April 6th. Wall Street Zen lowered Honda Motor from a “hold” rating to a “sell” rating in a research report on Saturday, March 14th. BNP Paribas Exane initiated coverage on shares of Honda Motor in a research note on Thursday, February 12th. They issued an “underperform” rating and a $25.00 price target for the company. Finally, Morgan Stanley cut shares of Honda Motor from an “overweight” rating to an “equal weight” rating in a report on Wednesday, March 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, Honda Motor presently has a consensus rating of “Reduce” and a consensus price target of $25.00.

Institutional Trading of Honda Motor

Institutional investors have recently added to or reduced their stakes in the business. Virtu Financial LLC raised its stake in shares of Honda Motor by 99.8% in the fourth quarter. Virtu Financial LLC now owns 16,105 shares of the company’s stock worth $475,000 after purchasing an additional 8,044 shares during the last quarter. Compound Planning Inc. raised its position in Honda Motor by 2.4% in the 4th quarter. Compound Planning Inc. now owns 19,909 shares of the company’s stock worth $587,000 after buying an additional 459 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Honda Motor by 14.7% during the 4th quarter. NewEdge Advisors LLC now owns 19,266 shares of the company’s stock valued at $568,000 after acquiring an additional 2,466 shares during the period. XTX Topco Ltd lifted its stake in Honda Motor by 517.2% during the 4th quarter. XTX Topco Ltd now owns 65,005 shares of the company’s stock valued at $1,916,000 after acquiring an additional 54,473 shares during the period. Finally, Tudor Investment Corp ET AL purchased a new stake in shares of Honda Motor during the 4th quarter valued at about $2,141,000. 5.32% of the stock is currently owned by hedge funds and other institutional investors.

Honda Motor Company Profile

Honda Motor Co, Ltd. is a global manufacturer and mobility company headquartered in Minato, Tokyo, Japan, founded in 1948 by Soichiro Honda and Takeo Fujisawa. The company’s core businesses include the design, manufacture and sale of automobiles and motorcycles, along with a diverse portfolio of power products, engines and related components. Honda also operates in aviation through Honda Aircraft Company and offers financial services that support vehicle sales and leasing.

In automobiles, Honda is known for a range of passenger cars, crossovers and light trucks, and in motorcycles it is one of the world’s leading producers by volume and model breadth.