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

Honda Motor (NYSE:HMC) updated its FY 2027 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 1.934-1.934 for the period, compared to the consensus EPS estimate of 2.520. The company issued revenue guidance of $151.5 billion-$151.5 billion, compared to the consensus revenue estimate of $139.9 billion.

Analysts Set New Price Targets

Several research analysts recently weighed in on the company. Zacks Research raised Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Wall Street Zen upgraded Honda Motor from a “sell” rating to a “hold” rating in a report on Saturday, May 16th. Finally, Weiss Ratings cut shares of Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, June 3rd. One analyst has rated the stock with a Strong Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $25.00.

Honda Motor Stock Performance

Shares of Honda Motor stock traded up $0.55 on Wednesday, reaching $30.66. 1,197,409 shares of the company were exchanged, compared to its average volume of 1,629,487. The firm has a market cap of $47.86 billion, a price-to-earnings ratio of -16.05 and a beta of 0.42. The company’s 50-day moving average is $27.68 and its two-hundred day moving average is $27.34. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.03 and a current ratio of 1.28. Honda Motor has a 1-year low of $23.25 and a 1-year high of $34.89.

Honda Motor (NYSE:HMC) last issued its quarterly earnings results on Wednesday, July 1st. The company reported $2.14 EPS for the quarter. Honda Motor had a negative return on equity of 3.07% and a negative net margin of 1.75%.The company had revenue of $37.27 billion for the quarter. As a group, research analysts expect that Honda Motor will post 1.65 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Advisory Services Network LLC boosted its stake in shares of Honda Motor by 1.3% during the 2nd quarter. Advisory Services Network LLC now owns 25,183 shares of the company’s stock valued at $787,000 after buying an additional 329 shares during the period. WealthCollab LLC grew its stake in Honda Motor by 66.2% in the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after purchasing an additional 365 shares in the last quarter. Cerity Partners LLC increased its position in Honda Motor by 0.5% in the 2nd quarter. Cerity Partners LLC now owns 90,498 shares of the company’s stock worth $2,609,000 after purchasing an additional 414 shares during the last quarter. Compound Planning Inc. lifted its holdings in shares of Honda Motor by 2.4% during the 4th quarter. Compound Planning Inc. now owns 19,909 shares of the company’s stock valued at $587,000 after buying an additional 459 shares during the last quarter. Finally, Integrated Wealth Concepts LLC increased its holdings in Honda Motor by 5.8% in the first quarter. Integrated Wealth Concepts LLC now owns 8,552 shares of the company’s stock worth $232,000 after buying an additional 468 shares during the last quarter. 5.32% of the stock is currently owned by institutional investors and hedge funds.

About Honda Motor

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.