Zacks Research Has Weak Forecast for Honda Motor Q1 Earnings

Honda Motor Co., Ltd. (NYSE:HMCFree Report) – Research analysts at Zacks Research lowered their Q1 2027 earnings per share (EPS) estimates for Honda Motor in a research note issued to investors on Monday, June 23rd. Zacks Research analyst R. Department now expects that the company will earn $1.27 per share for the quarter, down from their prior forecast of $1.29. The consensus estimate for Honda Motor’s current full-year earnings is $3.99 per share. Zacks Research also issued estimates for Honda Motor’s Q2 2027 earnings at $1.07 EPS, Q3 2027 earnings at $1.28 EPS, Q4 2027 earnings at $0.94 EPS and FY2027 earnings at $4.56 EPS.

Honda Motor (NYSE:HMCGet Free Report) last posted its quarterly earnings results on Tuesday, May 13th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.72 by ($0.54). Honda Motor had a return on equity of 6.33% and a net margin of 3.82%. The business had revenue of $36.25 billion during the quarter, compared to analysts’ expectations of $5,371.99 billion.

A number of other equities analysts have also commented on HMC. Wall Street Zen lowered Honda Motor from a “hold” rating to a “sell” rating in a research note on Saturday, May 24th. Sanford C. Bernstein initiated coverage on Honda Motor in a research report on Monday, April 14th. They set a “market perform” rating for the company. Macquarie lowered shares of Honda Motor from an “outperform” rating to a “neutral” rating in a report on Wednesday. Finally, Dbs Bank lowered shares of Honda Motor from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 14th. One equities research analyst has rated the stock with a sell rating and four have assigned a hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Stock Report on HMC

Honda Motor Stock Up 0.8%

Shares of HMC stock opened at $28.83 on Thursday. The company’s fifty day simple moving average is $29.71 and its two-hundred day simple moving average is $28.54. Honda Motor has a 52 week low of $23.41 and a 52 week high of $33.72. The stock has a market cap of $45.00 billion, a P/E ratio of 8.26 and a beta of 0.51. The company has a quick ratio of 1.07, a current ratio of 1.36 and a debt-to-equity ratio of 0.55.

Hedge Funds Weigh In On Honda Motor

Large investors have recently modified their holdings of the stock. Equity Investment Corp boosted its stake in shares of Honda Motor by 4.6% during the 1st quarter. Equity Investment Corp now owns 2,198,541 shares of the company’s stock worth $59,646,000 after purchasing an additional 96,230 shares during the period. First Trust Advisors LP lifted its stake in shares of Honda Motor by 11.0% during the 4th quarter. First Trust Advisors LP now owns 1,594,299 shares of the company’s stock worth $45,517,000 after acquiring an additional 158,072 shares during the last quarter. Bank of America Corp DE grew its position in Honda Motor by 6.9% in the 4th quarter. Bank of America Corp DE now owns 1,255,537 shares of the company’s stock valued at $35,846,000 after acquiring an additional 81,548 shares during the last quarter. Northern Trust Corp increased its stake in Honda Motor by 1.0% in the first quarter. Northern Trust Corp now owns 1,110,812 shares of the company’s stock worth $30,136,000 after purchasing an additional 11,114 shares during the period. Finally, Arrowstreet Capital Limited Partnership bought a new stake in shares of Honda Motor during the fourth quarter worth $23,272,000. Institutional investors own 5.32% of the company’s stock.

Honda Motor Company Profile

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Honda Motor Co, Ltd. develops, manufactures, and distributes motorcycles, automobiles, power, and other products in Japan, North America, Europe, Asia, and internationally. It operates through four segments: Motorcycle Business, Automobile Business, Financial Services Business, and Power Product and Other Businesses.

Further Reading

Earnings History and Estimates for Honda Motor (NYSE:HMC)

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