Zacks Research Upgrades Hitachi (OTCMKTS:HTHIY) to “Strong-Buy”

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

Hitachi Stock Performance

Shares of OTCMKTS:HTHIY opened at $34.50 on Wednesday. The company has a current ratio of 1.09, a quick ratio of 0.85 and a debt-to-equity ratio of 0.08. Hitachi has a 12 month low of $25.28 and a 12 month high of $39.00. The company has a market capitalization of $156.48 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 1.33 and a beta of 0.92. The firm’s 50-day moving average is $31.94 and its 200 day moving average is $31.40.

Hitachi (OTCMKTS:HTHIY) last announced its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate 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. Research analysts predict that Hitachi will post 1.36 EPS for the current year.

Hitachi Company Profile

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.