StockNews.com upgraded shares of Honda Motor (NYSE:HMC – Free Report) from a buy rating to a strong-buy rating in a report published on Thursday.
Honda Motor Stock Up 1.3 %
NYSE:HMC opened at $32.59 on Thursday. Honda Motor has a 1-year low of $29.05 and a 1-year high of $37.90. The company has a debt-to-equity ratio of 0.47, a current ratio of 1.43 and a quick ratio of 1.13. The business’s fifty day moving average price is $32.75 and its 200 day moving average price is $33.87.
Honda Motor (NYSE:HMC – Get Free Report) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.44 by $0.55. The firm had revenue of $36.56 billion for the quarter, compared to analyst estimates of $37.96 billion. Honda Motor had a return on equity of 8.79% and a net margin of 5.46%. As a group, equities research analysts expect that Honda Motor will post 4.5 EPS for the current fiscal year.
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Honda Motor Company Profile
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.
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