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.
In This Article...
Can you purchase Honda shares in the US?
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 $14.8 trillion in revenue over the previous 12 months.
How to buy shares in Honda Motor Co Ltd ADR
- Compare share 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.
Will Honda’s stock increase?
The median price target among the 19 analysts that are providing 12-month price projections for Honda Motor Co. Ltd. is $30.27; the high estimate is $41.48 and the low estimate is $24.06. From the most recent price of 27.16, the median estimate reflects a rise of +11.44%.
Analyst Recommendations
22 investment analysts were surveyed, and the current consensus is to buy Honda Motor Co. Ltd. shares. Since August, when it remained unchanged from a Buy rating, this rating has been stable. Mouse over the previous months for more information.
Has Honda ever paid a dividend?
Two times a year, Honda Motor pays a dividend. June and December are the due-date months. The dividend calendar displays the month that each firm distributes dividends for more than 1,000 dividend stocks. Plan your annual passive income flow.
Is Toyota a reliable investment?
Toyota Motor Corporation is presently ranked as a Zacks Rank 3 company, and according to Zacks’ proprietary research, we anticipate an in-line return for the company’s shares in the market over the coming several months. The VGM Score for Toyota Motor Corporation is also an A. (this is a weighted average of the individual Style Scores which allow you to focus on the stocks that best fit your personal trading style). The company Toyota Motor Corporation may be undervalued, according to valuation criteria. It would be a good choice for value investors, according to its Value Score of A. The strength of TM’s finances and future growth prospects show how capable it is of outperforming the market. Its growth score right now is C. This company lacks momentum and would be a poor choice for investors seeking momentum, according to recent price fluctuations and earnings estimate revisions.
Is it wise to own Ford stock?
- Looking for additional suggestions for investments like this one? Purchase them only through Asia Value & Moat Stocks. Study More
- Ford is an excellent dividend stock, nevertheless, as its yield is respectable, the current dividend payout is sustainable, and higher payouts are anticipated over the coming few years.
- Since commodity price pressures and the sluggish economy may cause F to fail earnings projections in upcoming quarters, Ford’s share price may stay low in the short term.
- Based on its dividends, prices, and long-term outlook, Ford is a Buy.
Can I buy HMC stock?
(NASDAQ: HMC) The average forecasted earnings growth rate for the US auto manufacturers industry is 14.99%, and Honda Motor Co.’s forecasted annual earnings growth rate of 10.9% is not expected to surpass that figure. It also isn’t expected to surpass the average forecasted earnings growth rate for the US market, which is 15.16%.
Honda first went public when?
On February 11, 1977, Honda’s American Depository Receipts (ADRs), which are traded on the New York Stock Exchange (NYSE), began trading at a price of $25 7/8 per ADR. There were no other Japanese automakers listed on the NYSE at the time.
Should I buy HYMC?
According to Wall Street analysts, is Hycroft Mining Holding Stock a wise investment in 2022?
One Wall Street analyst tracking the (NASDAQ: HYMC) stock has recommended holding it.
One analyst has given HYMC a Strong Buy recommendation of 0%, a Buy recommendation of 0%, a Hold recommendation of 100%, a Sell recommendation of 0%, and a Strong Sell recommendation of 0%.
Honda is it a Japanese company?
Stock Market Data What year did Honda debut on the Tokyo Stock Exchange? In 1957, it was first listed. What is the Japanese stock code for Honda? 7267 is the code number.
Which stock had the largest dividend payout?
The S&P 500’s top 9 dividend-paying stocks are:
- Inc. Lumen Technologies (LUMN)
- Inc. Altria Group (MO)
- Natural Resources Pioneer Co. (PXD)
- Trust in Vornado Realty (VNO)
- Inc. Simon Property Group (SPG)
- Aok Inc. (OKE)
- Devin Energy Corporation (DVN)
- Inc. Kinder Morgan (KMI)
who sells the most automobiles Toyota or Honda?
Although the majority of Americans believe that Honda and Toyota operate on a similar scale, Toyota is actually a far bigger and wealthier firm. Toyota is the most prosperous, dominant carmaker in the world in terms of pure company value. Honda is substantially smaller than Toyota and only has a quarter of its overall value. Toyota also sells a lot more cars than Honda does each year in the US. With sales of 2,128,362 cars, trucks, SUVs, and minivans—the majority of which were built in North America—in 2018, Toyota overtook the competition as the nation’s top retail-selling automaker for the seventh consecutive year. Six auto assembly sites in the US are owned by Toyota. In 2018, Americans purchased 1,445,894 Honda vehicles, the vast majority of which were also produced here. Since 1982, Honda has begun manufacturing automobiles in the US. Honda was the first Japanese carmaker to do so. It now runs three sizable assembly plants: two in Ohio, one each in Alabama and Indiana. Toyota also provides more dealers for both new car buyers and buyers of pre-owned vehicles with certification. Honda has 1054 dealers in the US compared to Toyota’s 1,500. Finding a Toyota dealer nearby may now be a little bit simpler, especially if you live in a rural location. Additionally, it can be simpler to locate the very model you’re searching for in dealer stock, and financing the purchase might be simpler. Having a dealer close to your home will save you time when the car requires service, therefore it’s crucial to consider this not only when you’re buying the automobile.