Analysts Set Honda Motor Co., Ltd. (NYSE:HMC) Price Target at $25.00

Shares of Honda Motor Co., Ltd. (NYSE:HMC) have earned an average recommendation of “Hold” from the five analysts that are currently covering the stock, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $25.00.

A number of analysts have commented on HMC shares. Zacks Research raised shares of Honda Motor from a “strong sell” rating to a “hold” rating in a research report on Friday, June 19th. Wall Street Zen raised Honda Motor from a “sell” rating to a “hold” rating in a research report on Saturday, May 16th. Finally, Weiss Ratings downgraded Honda Motor from a “sell (d+)” rating to a “sell (d)” rating in a research note on Wednesday, June 3rd.

Honda Motor Trading Up 3.5%

NYSE:HMC opened at $29.14 on Friday. The firm’s fifty day moving average is $27.19 and its 200-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 52 week low of $23.25 and a 52 week high of $34.89. The firm has a market cap of $45.49 billion, a P/E ratio of -15.26, a P/E/G ratio of 4.86 and a beta of 0.43.

Honda Motor (NYSE:HMC) last posted its quarterly earnings data on Thursday, May 14th. The company reported ($4.24) earnings per share for the quarter, topping the consensus estimate of ($5.74) by $1.50. Honda Motor had a negative net margin of 1.75% and a negative return on equity of 3.07%. The company had revenue of $36.81 billion during the quarter, compared to analysts’ expectations of $32.99 billion. Honda Motor has set its FY 2027 guidance at 1.278-1.278 EPS. Equities analysts expect that Honda Motor will post 0.92 earnings per share for the current year.

Institutional Investors Weigh In On Honda Motor

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Caitong International Asset Management Co. Ltd bought a new position in shares of Honda Motor during the 3rd quarter worth about $26,000. WealthCollab LLC grew its holdings in shares of Honda Motor by 66.2% during the second quarter. WealthCollab LLC now owns 916 shares of the company’s stock valued at $26,000 after buying an additional 365 shares during the last quarter. Newbridge Financial Services Group Inc. bought a new stake in Honda Motor during the 2nd quarter worth approximately $29,000. Sound Income Strategies LLC bought a new stake in Honda Motor during the fourth quarter worth $33,000. Finally, Lodestone Wealth Management LLC bought a new stake in shares of Honda Motor in the 4th quarter worth $32,000. 5.32% of the stock is owned by institutional investors.

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.