The consensus price target among the 19 analysts who are providing 12-month price projections for Honda Motor Co. Ltd. is 29.92, with a high estimate of 41.48 and a low estimate of 24.06. From the most recent price of 26.33, the median projection reflects a rise of +13.64%.
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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.
Is Honda stock a good investment?
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 F, recent price swings and earnings estimate revisions suggest that this would not be a good company for momentum investors.
Why is the stock price of Honda so low?
An enormous decline in earnings over the course of those two years justifies the -15% decline in HMC stock price from FY 2018 to the present. In FY 2020, Honda’s revenue remained constant over the year at $138.9 trillion (15.7 trillion) (ended March 2020). From 6.9% in FY 2018 to 3.1% in FY 2020, the net income margin shrunk. Earnings decreased from $5.32 to $2.46 per share. Higher operating costs were the main cause of the margin decline.
The P/E multiple increased from 6.5x to 9x in that time. Since the company and sector have started to show indications of revival, the P/E has gotten better. The multiple is currently 11.8x.
The coronavirus’s widespread distribution caused lockdowns in many cities throughout the world, which had an impact on business and economic activities. This is probably going to have a negative impact on consumption and consumer expenditure. For the first half of FY 2021, Honda’s revenues and profits suffered; however, the business showed signs of recovery in Q2 2021, when it reported flat revenue and an increase in profits compared to the same quarter in 2020. In Q2 2021, sales volume for the automotive industry increased by 1% year over year to 1,235K units, while sales volume for the life creation segment (formerly known as power products) increased by 18.6% year over year to 1,370K.
The actual recovery and the timing of it depend on how well the coronavirus spread has been broadly contained. In contrast to trends in Brazil and Russia, our dashboard’s Trends In U.S. Covid-19 Cases gives a general summary of how the pandemic has been expanding in the U.S. The market has been willing to “see through the current bad moment and take a longer-term view” as a result of the Fed stimulus, which put a floor on anxiety. Investor emphasis is shifting to the outcomes for FY 2022, making valuations crucial in identifying value. Although investor apprehension can fluctuate, and signs of a rise in new cases may do so once again.
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Can I buy Honda stock in 2022?
Changes in the Price of HMC The price of (HMC) stock has increased 1.7% over the last five trading days while falling -16.85% over the previous year. (HMC) is now down -4.2% in 2022.
Honda: A reliable dividend stock?
Honda Motor distributes 32.5% 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 7.46% increase in the dividend for the current fiscal year.
Must I purchase HMC?
HCMC is currently viewed as a very hazardous investment. Yes, the price might seem low, but given that this penny stock is being offered on the OTC market, there is always a chance that it will decline much further. Although the price appears to have bottomed out at the $0.002 support, there is currently no bullish momentum, therefore this does not indicate the possibility of an immediate turnaround. Any positions placed at this time will only be speculative, aiming for a swift rise toward the closest level of resistance on a stock projection for Healthier Choices.
In the US, is Honda stock available?
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
- 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.
HMC stock is it from abroad?
ADRs, or American Depository Receipts, are essentially certificates issued by American banks that reflect a specific number of shares of foreign corporations, such as Italy’s Fiat or Japan’s Honda Motor Company (HMC -0.52%). (NASDAQOTH: FIATY).
Why is a high PEG ratio significant?
A PEG ratio of 1.0 or lower often denotes that a company is appropriately priced or even undervalued. A stock may be overvalued if its PEG ratio is greater than 1.0. In other words, investors who rely on the PEG ratio search for stocks with a P/E ratio that is equal to or below the anticipated growth rate of the company.
Of course, PEG ratios and other single financial metrics shouldn’t be relied upon completely by investors. Furthermore, a corporation is neither a good investment nor a bad one simply because its PEG ratio is less than or greater than 1.0.
When comparing similar businesses in terms of their respective growth, the PEG ratio might be useful. However, one should use the PEG Ratio as one of many factors in evaluating any investments given the estimations that go into it and the uncertainties of any company’s future growth.
How did Honda’s dividend fare?
The previous ex-dividend date for Honda Motor Company was March 30, 2022. Shareholders of Honda Motor Company who held HMC stock prior to this date received the final dividend payment of $0.45 per share on March 30, 2022. The next ex-dividend date for Apple has not yet been disclosed.
The last time Honda Motor Company paid a dividend was on March 30, 2022, when shareholders who owned HMC shares before to that day got a dividend payment of $0.45 per share. In order to be alerted of HMC’s upcoming dividend payment, add HMC to your watchlist.
Yes, HMC’s earnings per share for the most recent fiscal year were $3.17, and their dividend payout per share is $0.93. HMC has a sustainable dividend payout ratio of 30.74% ($0.93/$3.17).
When did Honda start paying dividends?
Honda (HMChistorical )’s dividend payments and yield since 1988. As of August 25, 2022, Honda (HMC) has a $1.58 TTM dividend payout. As of August 25, 2022, Honda’s dividend yield is 5.87%.