Honda Motor (HMC) Receiving Somewhat Positive News Coverage, Study Finds
Headlines about Honda Motor (NYSE:HMC) have trended somewhat positive recently, according to Accern Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than 20 million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Honda Motor earned a media sentiment score of 0.12 on Accern’s scale. Accern also assigned headlines about the company an impact score of 45.0215373537832 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.
These are some of the headlines that may have effected Accern’s rankings:
- Overview of Honda Exhibit at CEATEC JAPAN 2017 (world.honda.com)
- Honda Motor : Overview of Honda Exhibit at CEATEC JAPAN 2017 (4-traders.com)
- Clarion Builds 1991 Acura NSX Review | Restored to greatness (finance.yahoo.com)
- NSX Supercar Buyers Will Eschew Ferraris, Lamborghinis, McLarens (finance.yahoo.com)
- Honda Added to the Dow Jones Sustainability World Index (acnnewswire.com)
HMC has been the subject of a number of research reports. Zacks Investment Research raised shares of Honda Motor from a “hold” rating to a “strong-buy” rating and set a $32.00 target price for the company in a research note on Thursday, August 17th. Nomura raised shares of Honda Motor from a “reduce” rating to a “neutral” rating in a research note on Tuesday, August 1st. J P Morgan Chase & Co lowered shares of Honda Motor from an “overweight” rating to a “neutral” rating in a research note on Wednesday, July 5th. BidaskClub raised shares of Honda Motor from a “strong sell” rating to a “sell” rating in a research note on Thursday, August 3rd. Finally, Instinet raised shares of Honda Motor from a “reduce” rating to a “neutral” rating in a research note on Tuesday, August 1st. One investment analyst has rated the stock with a sell rating, six have issued a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the stock. Honda Motor has a consensus rating of “Hold” and an average target price of $33.50.
Shares of Honda Motor (HMC) opened at 29.91 on Monday. The firm has a market cap of $53.91 billion, a price-to-earnings ratio of 8.99 and a beta of 1.01. The company has a 50 day moving average of $28.23 and a 200 day moving average of $28.54. Honda Motor has a 1-year low of $27.05 and a 1-year high of $32.17.
Honda Motor (NYSE:HMC) last announced its earnings results on Tuesday, August 1st. The company reported $1.04 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.21. Honda Motor had a net margin of 4.58% and a return on equity of 8.57%. The business had revenue of $3,713 billion during the quarter, compared to analysts’ expectations of $3,525.55 billion. During the same quarter in the prior year, the company posted $96.93 earnings per share. The firm’s revenue was up 7.0% on a year-over-year basis. On average, equities analysts forecast that Honda Motor will post $2.76 earnings per share for the current fiscal year.
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Honda Motor Company Profile
Honda Motor Co, Ltd. (Honda) develops, manufactures and markets motorcycles, automobiles and power products across the world. The Company’s segments include Motorcycle Business, Automobile business, Financial services business, and Power product and other businesses. The Company produces a range of motorcycles, with engine displacement ranging from the 50 cubic centimeters class to the 1,800 cubic centimeters class.
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