As of Friday close, Honda Motor Co. Ltd.’s (NYSE:HMC) stock was up $0.12, moving up 0.40 percent to $30.35. The average number of shares traded per day over the past five days has been 919,080 shares. 1 time new highs have been achieved over the past 5 days, with a -$1.53 fall in that time frame. In the last twenty days, the average volume was 908,895, while in the previous 50 days, it was 1,078,746.
Since last month, HMC stock retreated -1.84%. Shares of the company fell to $30.13 on 08/18/23, the lowest level in the past month. A 52-week high of $32.62 was reached on 06/14/23 after having rallying from a 52-week low of $21.43. Since the beginning of this year, HMC’s stock price has risen by 32.76% or $7.49, and marked a new high 33 times. However, the stock has declined by -6.95% since its 52-week high.
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Valuation Metrics
Right now, Honda Motor Co. Ltd. (HMC) has a P/E ratio of about 8.53. The stock’s beta is 0.79. Besides these, the trailing price-to-sales (P/S) ratio of 0.46, the price-to-book (PB) ratio of 0.61.
The latest dividend of $0.3870 per share was paid out, which is -2.03% less than last year’s $0.3950. On Friday November 5 2021, a $0.0080 dividend decrease was announced.
Financial Health
In the recent quarter, Honda Motor Co. Ltd.’s quick ratio stood at 1.10, while its current ratio was 1.40, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the recent quarter was 0.41, and the total debt-to-equity ratio was 0.70. On the profitability front, the trailing twelve-month gross margin is 20.10% percent. In the recent year, EBITDA margin amounted to 14.06%, whereas operating margins totaled 5.40%. Based on annual data, HMC earned $24.65 billion in gross profit and brought in $125.12 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 3.30%. Return on equity (ROE) for the past 12 months was 7.50%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. During the quarter, the company generated $4.24 billion in EBITDA. The liabilities of Honda Motor Co. Ltd. were 103.49 billion at the end of its most recent quarter, and its total debt was $8.74 trillion.
Technical Picture
This quick technical analysis looks at Honda Motor Co. Ltd.’s (HMC) price momentum. With a historical volatility rate of 23.51%, the RSI 9-day stood at 36.31% on 18 August.
With respect to its five-day moving average, the current Honda Motor Co. Ltd. price is down by -4.80% percent or -$1.53. At present, HMC shares trade -2.66% below its 20-day simple moving average and +17.32% percent above its 100-day simple moving average. However, the stock is currently trading approximately +1.40% above its SMA50 and +33.00% above its SMA200.
Stochastic coefficient K was 8.13% and Stochastic coefficient D was 18.07%, while ATR was 0.49. Given the Stochastic reading of 9.02% for the 14-day period, the RSI (14) reading has been calculated as 42.04%. As of today, the MACD Oscillator reading stands at -0.78, while the 14-day reading stands at -0.85.
Analyst Ratings
Honda Motor Co. Ltd. downgraded its rating on Honda Motor Co. Ltd. (NYSE: HMC) to a Sell in a note to investors on July 06, 2023. The analysts firm previously had a Neutral rating on the stock.Honda Motor Co. Ltd. (HMC) has been rated Overweight by analysts. According to 1 brokerage firm, HMC is a sell, and 7 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 3 analysts rate Honda Motor Co. Ltd. stock as buy, with 9 recommending it as overweight.
With a median target price of $34.97, the current consensus forecast for the stock is $26.99 – $40.86. Based on these forecasts, analysts predict Honda Motor Co. Ltd. (HMC) will achieve an average price target of $35.24.
