Hitachi (HTHIY) to Release Quarterly Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) will likely be issuing its results before the market opens on Wednesday, October 29th. Analysts expect the company to announce earnings of $0.24 per share and revenue of $2,463.2693 billion for the quarter. Hitachi has set its FY 2025 guidance at 2.150-2.150 EPS.

Hitachi (OTCMKTS:HTHIY) last announced its quarterly earnings results on Thursday, July 31st. The conglomerate reported $0.29 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.29. Hitachi had a return on equity of 10.83% and a net margin of 6.45%.The business had revenue of $15.16 billion during the quarter, compared to analysts’ expectations of $2,342.55 billion. On average, analysts expect Hitachi to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Hitachi Trading Down 3.6%

Shares of HTHIY stock opened at $29.58 on Wednesday. Hitachi has a fifty-two week low of $18.30 and a fifty-two week high of $32.00. The stock has a market cap of $135.49 billion, a P/E ratio of 11.10, a P/E/G ratio of 1.42 and a beta of 0.83. The business has a fifty day simple moving average of $27.90 and a 200-day simple moving average of $27.55. The company has a quick ratio of 0.85, a current ratio of 1.12 and a debt-to-equity ratio of 0.13.

Analysts Set New Price Targets

Separately, Erste Group Bank upgraded Hitachi to a “hold” rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Hitachi presently has an average rating of “Hold”.

About Hitachi

Hitachi, Ltd. provides digital system and services, green energy and mobility, and connective industry solutions in Japan and internationally. It operates through seven segments: Digital Systems & Services, Green Energy & Mobility, Connective Industries, Automotive System, Hitachi Construction Machinery, Hitachi Metals, and Others.