Erste Group Bank Predicts Increased Earnings for Hitachi

Hitachi Ltd. (OTCMKTS:HTHIY) – Erste Group Bank upped their FY2027 earnings per share estimates for shares of Hitachi in a research note issued to investors on Tuesday, September 8th. Erste Group Bank analyst S. Lingnau now expects that the conglomerate will earn $1.40 per share for the year, up from their prior estimate of $1.35. The consensus estimate for Hitachi’s current full-year earnings is $1.36 per share. Erste Group Bank also issued estimates for Hitachi’s FY2028 earnings at $1.67 EPS.

Hitachi (OTCMKTS:HTHIY) last posted its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. The business had revenue of $16.53 billion during the quarter, compared to analysts’ expectations of $15.50 billion. Hitachi had a return on equity of 12.07% and a net margin of 7.30%.Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Separately, Zacks Research raised shares of 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 and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy”.

Hitachi Price Performance

Hitachi stock opened at $33.35 on Thursday. The stock has a market capitalization of $151.26 billion, a P/E ratio of 28.75, a P/E/G ratio of 1.33 and a beta of 0.92. The company’s fifty day moving average price is $32.45 and its 200 day moving average price is $31.44. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.83 and a current ratio of 1.09. Hitachi has a 1 year low of $25.77 and a 1 year high of $39.00.

Hitachi Company Profile

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.