Hitachi (HTHIY) Expected to Announce Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) is projected to announce its results after the market closes on Wednesday, October 28th. Analysts expect the company to announce earnings of $0.33 per share and revenue of $18.51 billion for the quarter. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Hitachi (OTCMKTS:HTHIY) last announced its quarterly earnings results on Wednesday, July 29th. The conglomerate reported $0.27 EPS for the quarter, beating the consensus estimate of $0.21 by $0.06. Hitachi had a return on equity of 12.07% and a net margin of 7.30%. The business had revenue of $16.53 billion during the quarter, compared to analysts’ expectations of $15.50 billion. On average, analysts expect Hitachi to post $1.37 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.

Hitachi Trading Down 0.8%

OTCMKTS:HTHIY opened at $35.45 on Tuesday. The stock’s 50 day moving average price is $34.98 and its 200 day moving average price is $32.51. Hitachi has a 52 week low of $27.22 and a 52 week high of $39.00. The company has a market capitalization of $160.81 billion, a P/E ratio of 30.56, a P/E/G ratio of 1.25 and a beta of 0.97. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.83 and a current ratio of 1.09.

Analysts Set New Price Targets

A number of analysts have issued reports on HTHIY shares. Zacks Research upgraded shares of Hitachi from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 2nd. Sanford C. Bernstein started coverage on shares of Hitachi in a research note on Tuesday, September 15th. They set an “outperform” rating on the stock. Two investment analysts have rated the stock with a Strong Buy rating and one has issued a Buy rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Hitachi Company Profile

Hitachi, Ltd. is a Japanese technology and engineering company that develops digital, infrastructure and industrial solutions for customers worldwide. Founded in 1910 and headquartered in Tokyo, the company has evolved from an electrical equipment manufacturer into a diversified provider of systems and services supporting social infrastructure and business operations.

Hitachi’s principal activities include digital systems and services, energy systems, railway systems, industrial equipment and healthcare technology.