How can I get Hyundai Motor stock? Any online brokerage account may be used to buy shares of HYMTF stock. WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab are a few well-known online brokerages providing access to the American stock market.
In This Article...
Summary
- The Hyundai Santa Cruz is the most recent illustration of a brand-new, cutting-edge car model that supports Hyundai’s growing reputation among car purchasers for quality, affordability, and attractive design.
- Hyundai stock (HYMTF shares) trades infrequently over the counter as American Depositary Receipts, which is a sign of the low level of interest among American investors in a business that may gain from its expanding success.
- The automaker would gain from improving its reputation as an investor, increasing payouts, and increasing buybacks to support its long-term value proposition and growth narrative.
- Looking for additional suggestions for investments like this one? Purchase them only through Auto/Mobility Investors. Find out more A>>
A sector of the investing market that was formerly dominated by large, capital-hungry automakers whose fortunes fluctuated with economic cycles while providing investors with meager long-term returns has gained appeal because to electrification and the potential of autonomous driving technologies. Innovators like Ford Motor (F) and General Motors (GM) are being encouraged to speed their technological endeavors by Tesla (TSLA) and a wave of battery-electric vehicle (BEV) startups, making them more appealing to stock pickers.
The Korean chaebol Hyundai Motor Group (OTCPK:HYMTF), which owns the Kia and Genesis brands, has developed into a fierce global competitor by fervently committing to electrification with BEVs and hydrogen-powered fuel cell vehicles. It also has an ambitious focus on the newest safety and digital technologies (FCVs).
After Friday’s trading session, the shares of Hyundai Motor Company was upgraded from Sell Candidate to Hold/Accumulate. (Revised on September 16, 2022)
On the final day (Friday, September 16th 2022), the price of Hyundai Motor Company’s stock decreased by -3.57% from $35.00 to $33.75. The stock’s price changed by 0.75% over the most recent trading day, moving from a day low of $33.50 to a day high of $33.75. Despite falling five out of the last ten days, the price has increased by 1.63% over the previous two weeks. Despite declining prices, volume grew by 106 shares over the previous day. This could be a forewarning, and over the next few days, the risk will likely rise a little. 599 shares were purchased and sold for a total of about $20.22,000.
In the near term, the stock is in the middle of a broad and sluggish rising trend, and a rise within the trend is anticipated. Given the short-term trend, it is anticipated that the stock will increase 2.16% over the next three months and, with a 90% likelihood, remain in the range of $31.39 and $38.82 at that time.
Is Hyundai stock available on Robinhood?
How can I get Hyundai Motor stock? Any online brokerage account may be used to buy shares of HYMTF stock. WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab are well-known online brokerages providing access to the American stock market.
Who is Hyundai’s owner?
The major automakers with present presences in the United States are listed below, along with the brands they sell.
BMW, Mini, and Rolls-Royce are all owned by BMW Group. Smart and Mercedes-Benz are owned by Daimler AG. Lincoln and Ford are owned by Ford Motor Co. Chevrolet, GMC, Buick, and Cadillac all belong to General Motors. Hummer is back as a GMC subsidiary brand. In order to co-develop EVs, GM and Honda have an official collaboration. Acura and Honda are owned by Honda Motor Co. It collaborates with GM. Sony Honda Mobility is the name of the electric vehicle firm they founded with Sony. Genesis, Hyundai, and Kia are all owned by Hyundai Motor Group. Mazda is owned by Mazda Motor Corp. Mitsubishi, Nissan, and Infiniti are all owned by the Renault-Nissan-Mitsubishi Alliance. Following the merger of Fiat Chrysler Automobiles and Peugeot S.A., a new company called Stellantis was created. According to the explanation, the word is derived from the Latin verb “stello,” which means “to dazzle with stars.” Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram are now under Stellantis and are FCA brands that are offered in the United States. Other Stellantis automobile brands include Citroen, DS Automobiles, Opel, Peugeot, and Vauxhall. Subaru is owned by Subaru Corp. Jaguar and Land Rover are owned by Tata Motors. Owned by Tesla. Lexus and Toyota are owned by Toyota Motor Corp. Additionally, it owns stock in Suzuki and Subaru. The automotive brand VinFast, along with VinHomes, VinBigData, VinBioCare, and VinBrain, are all owned by VinGroup. Audi, Bentley, Bugatti, Lamborghini, Porsche, Scout, and Volkswagen are all brands owned by Volkswagen AG. Volvo, Polestar, and Lotus are all brands owned by Zhejiang Geely Holding Group (ZGH).
Has Kia acquired Hyundai?
No, but Hyundai and Kia are connected! In 1997, Kia declared bankruptcy after becoming a stand-alone autonomous company. In 1998, Hyundai Motor Group made the decision to buy the automaker in order to keep it viable. Although Kia and the Hyundai Motor Group don’t work together, Hyundai is Kia Motors’ parent company.
Where in the USA is Hyundai made?
A fully owned subsidiary of Hyundai Motor Company is Hyundai Motor America. Hyundai has a total of 19 production facilities worldwide, including its United States manufacturing facility in Montgomery, Alabama, known as Hyundai Motor Manufacturing Alabama.
Why is the stock of Hyundai so low?
The shares of Hyundai Motor Co., the largest automaker in South Korea, are likely to increase. When compared to its 52-week low of 162,000 won ($133.77) on March 15, the stock increased by 11.73%, rising 2.55% to 181,000 won ($149.46) on March 30.
In the ten trading days leading up to March 29, foreigners took the lead in the recovery, purchasing shares worth a net 31 billion won. On the other side, over the same time period, individuals and institutions sold a net amount of shares of 25.7 billion won and 3 billion won, respectively. Between March 2 and March 15, foreign investors sold shares of the automaker worth more than 300 billion won.
Since the second half of 2021, Hyundai Motor’s market share has decreased as a result of worries about inflation, chip shortages, interest rate increases, and the Russia-Ukraine conflict. On June 24, 2021, the stock price reached a 52-week high of 249,000 won. On March 15, it fell by 35% to 162,000 won.
The stock appears to have captured the mood of the market and is about to recover. With the decline in the price of oil and hopes for peace talks between Russia and Ukraine, the worries have subsided. Additionally, the short-term performance of the automobile is anticipated to benefit from the weakening of the Korean won.
Even if industry observers predict a little improvement in the shortfall in the second half of this year, the chip shortage problem is still not showing any signs of improvement. Some market observers predict that the low supply problem would last beyond 2022. However, observers believe that the chip shortage issue has already been reflected in the auto stocks and won’t worsen any more.
The stock price is rising as a result of favorable valuation and market expectations for Hyundai Motor’s success. In response to the supply chain issue, the carmaker has enhanced its pricing strategy by raising the prices of finished cars and raising sales of premium car models.
“The average selling price (ASP) increase at Hyundai Motor will help the company’s performance in the first half of 2022. Additionally, a further decrease from the current level of the stock price will be limited, “the analyst at Hyundai Motor Securities Co., Chang Moon-su, stated.
With 7.5 times of the 12-month forward price-to-earnings ratio, the valuation has improved. With low interest rates a year ago, the forward P/E ratio, which typically ranges between 8 and 10, reached 10 to 11 times.
The long-term growth of the Hyundai Motor stock will determine its potential. Investors haven’t been drawn to the automaker’s plan for its future mobility operations, according to market observers. Only 26% of the company is owned by foreign investors, which is a proportion comparable to the global financial crisis of 2009.
By developing more than 17 EV lineups by 2030, Hyundai Motor is hastening the transition to electric vehicles. Additionally, it intends to increase profitability by adopting “smart factories,” which are automated production facilities run by information technology and digital data. The operating profit goal for Hyundai Motor is 8% by 2025 and 10% by 2030. “The automaker needs to draw up more specific goals,” said Kim Dong-ha, an analyst at Hanwha Investment & Securities Co. The automaker’s mid- to long-term growth plan is desirable.
As a further potential growth engine, the automaker is creating robots. Hyundai Motor is the first manufacturer of finished vehicles to commercialize industrial wearable robots, including the CEX (chairless exoskeleton), which provides sedentary assembly workers with knee support, and the VEX (vest exoskeleton), a follow-up exoskeleton with support for the neck and shoulders. Last month, the parent company Hyundai Motor Group acquired temporary operating licences from the government for 193 of its self-driving taxis. Robots for EV charging and customer service are two more categories that are being developed.
Hyundai pays a dividend, right?
Two times a year, Hyundai Motor pays dividends. April and October are the payment months. The dividend calendar displays for more than 1,000 dividend stocks which firm releases dividends in which month.
Does the same firm own Hyundai and Kia?
Some people consider Hyundai and Kia to be simply rebadged versions of the same cars. The two brands do have a close relationship, despite the fact that this is not the case. Hyundai acquired Kia in 1998 and now owns 51% of the business. The two corporations are now regarded as sisters because that share has decreased to around a third.
Hyundai and Kia frequently use one another’s vehicle platforms as a result of their tight cooperation. Do the cars from both brands have the same engines?
Is Genesis owned by Hyundai?
The Hyundai Motor Group’s luxury vehicle manufacturing subsidiary is called Genesis, or Genesis Motors, LLC. Consequently, Genesis Motors is a subsidiary of the Hyundai Motor Group.
I want to purchase preferred stock.
Similar to buying common shares, you can purchase preferred shares of any publicly traded firm through your broker, whether that broker is your personal full-service broker or one you can find online through a bargain broker. What you are buying specifically and why you should (or shouldn’t) choose preferred shares over common stock of a firm are the more important considerations.
Why is Hyundai listed on the Pink Sheet?
I adore my Genesis, yet it feels like I’m constantly surrounded by Hyundais. I think Hyundai will succeed Toyota (preferably without the brake/acceleration issues).
In today’s Wall Street Journal, there is a lovely story that reads “The fourth-largest automaker in the world by number of vehicles sold, Hyundai, is currently scorching than the hinges of Hades. It reported a tidy $1 billion in profit in the first quarter of 2010—a fivefold gain “. According to Wikipedia, Hyundai is the largest automobile manufacturer in the world based on profits.
I bought some Hyundai stock a week ago. There are a few things you should be aware of if anyone else is interested.
Only the South Korean stock exchange offers Hyundai stock for trading. Hyundai’s stock ticker is HYMLF. You may occasionally encounter it as HYMLF. PK because it is listed on a foreign exchange, where “PK” stands for Pink Sheet.
You often can’t acquire it using online services because it isn’t traded on a US exchange, and the majority of standard brokers aren’t familiar with trading it. I had to get in touch with their foreign trading division because I bought mine through Fidelity. The broker was able to finish the transaction in about 15 minutes after I arrived.
In addition to the regular expenses for US equities, there are additional fees and commissions for buying and selling foreign stocks. Make sure to ascertain the precise amount of overhead you will incur.
Almost all online stock price quotes are inaccurate. Each one states that a share costs $66. This is untrue. The current price is approximately $117 per share. Given that it increased by 7% last week, it might be higher than that. To achieve the right price, you must consult with an expert in foreign stocks.
According to what I can understand, a certain company gives all US corporations access to overseas stock price quotes. Last July, something went wrong with their system, causing the Hyundai stock price to remain fixed at $66. The screen that appears when you request a quote from Fidelity online reads, “Prev. Close Date 07/24/2009.” I wish I could pay $66 per share to purchase a million shares.
Since I now own shares, I would appreciate it if you all continued to purchase Hyundai vehicles.