The median price target among the 19 analysts who are providing Honda Motor Co Ltd with 12-month price projections is 29,89, with a high estimate of 40,76 and a low estimate of 24,06. From the most recent price of 26.77, the median projection reflects a rise of +11.67%.
In This Article...
Is Honda a wise investment for 2022?
Honda HMC above the 57 cent Zacks Consensus Estimate by reporting earnings of 63 cents per share for the fourth quarter of fiscal 2022. However, the bottom line declined from the $1.17 per share profit from the prior year. Revenues for the quarter came to $33,358 million, exceeding the $33,180 million Zacks Consensus Estimate.
Is HMC a wise investment at this time?
HMC has the ability to outperform the market, as evidenced by its sound financial condition and promising development prospects. Its growth score right now is B. With a Momentum Score of A, recent price fluctuations and earnings estimate revisions suggest that this company may be a solid choice for momentum investors.
What is the all-time high for Honda stock?
On July 28, 1988, Honda stock closed at its all-time high price of 46.50. The 52-week high of Honda stock is 33.42, which is 35.7% more than the stock’s current price. The 52-week low stock price for Honda is 23.21, or 5.7% less than the current share price.
Honda: A reliable dividend stock?
Honda Motor distributes 29.2% of its earnings to its stockholders. Our indicator for the dividend’s dependability is 0.83 out of a possible 1.0. This suggests a historically dependable dividend payer. Analysts also predict a 7.65% increase in the dividend for the current fiscal year.
Should I buy HYMC?
Hold is the average consensus rating for Hycroft Mining, compared to Buy for basic materials firms. Discover more about how HYMC stacks up against competitors.
How can I buy stocks in Honda?
Honda Motor Co Ltd ADR is a US-based auto manufacturing company. All prices are reported in US dollars for Honda Motor Co. Ltd. ADR shares (HMC), which are traded on the NYSE. Honda Motor Co Ltd ADR has 204,035 employees and generated around $14.6 trillion in revenue over the previous 12 months.
How to buy shares in Honda Motor Co Ltd ADR
- contrasting stock trading platforms Your search for a platform that works for you can be aided by our comparison table.
- Open a trading account.
- Fill out an application with your information.
- Verify your payment information.
- your account with money.
- Examine the stock.
- Before deciding if a stock is a good investment for you, look up the stock by name or ticker symbol (HMC) and do some research on it.
- Purchase today or tomorrow.
- Use a market order to purchase the specified number of shares or a limit order to postpone your purchase until the stock reaches the desired price.
- Inspect your investment.
- Tracking your stock will help you optimize your portfolio.
Why has Honda’s stock fallen?
February saw a greater than 20% YoY decline in Honda sales as a result of severe supply constraints, storm disruptions, and other causes. Sales of trucks in particular fell by more than 25% YoY, while even EVs had a sales loss of 18.9%. The company is not in a good situation right now.
Can I buy Honda stock in 2021?
According to Trefis’ Honda’s valuation, the stock of Honda Motors (NYSE: HMC) at its present price of $29 has a potential upside of 30%. After Q2 2022 results, the stock’s price is unchanged (ended September 2021). Motorcycles’ sales volume for the second quarter of 2022 decreased by 3% year over year to 4,294K units. The volume of automobiles was 917K units during the quarter, down 26.8% year over year, while the number of life creation products, formerly known as power products, increased by 11% year over year to 1,522K units. The global shortage of semiconductor chips is the main cause of the decline in the automotive sector. As the supply of semiconductor chips has improved over the past two quarters, we anticipate an increase in overall sales and earnings for the fiscal year 2022 (which ends in March 2022).
For FY 2022, Honda’s revenues are anticipated to increase by 21% to 16 trillion ($148 billion) (ends in March 2022). Additionally, in 2022, its net income is predicted to increase to 772 billion ($7.16 billion) and its EPS to 447.59 ($4.14). When combined with the P/E multiple of 8.6x and an exchange rate of 0.01$, the expected increase in revenues to 16.5 trillion ($153 billion) and net income to 830 billion ($7.69 billion) for FY 2023 will result in an increase in earnings per share to 480.88 ($4.45), or $38, which is 30% more than the company’s current market price.
You may follow the evolution of our opinion by reviewing our past coverage of Honda’s stock, which is listed below.
The stock of Honda Motors (NYSE: HMC), which has increased by 29% since the end of FY 2020 (which concluded in March 2020), is currently near its short-term potential. Compared to the S&P 500, which has increased by 59% since the end of March 2020, HMC’s stock increased from $22 at the conclusion of the fiscal year to close to $29 at this time. Over the past few years, the company has experienced flat revenues and declining profits.