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New Big Money Means Honda Motor ADR (HMC) Investors Could Reap Benefit

Honda Motor ADR (NYSE: HMC) is 5.53% higher on its value in year-to-date trading and has touched a low of $27.69 and a high of $37.90 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The HMC stock was last observed hovering at around $31.73 in the last trading session, with the day’s gains setting it 0.89%.

Currently trading at $32.62, the stock is 2.13% and 3.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing 2.80% at the moment leaves the stock -1.25% off its SMA200. HMC registered -11.04% loss for a year compared to 6-month loss of -12.03%.

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The stock witnessed a 2.48% gain in the last 1 month and extending the period to 3 months gives it a 3.39%, and is 3.75% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.10% over the week and 1.27% over the month.

Honda Motor ADR (HMC) has around 194993 employees, a market worth around $52.44B and $142.18B in sales. Current P/E ratio is 6.96 and Fwd P/E is 6.66. Profit margin for the company is 5.34%. Distance from 52-week low is 17.80% and -13.93% from its 52-week high. The company has generated returns on investments over the last 12 months (6.24%).

Honda Motor ADR quarterly earnings per share for the current quarter are estimated at 0.0 with sales reaching $35.42B over the same period.The EPS is expected to grow by 8.92% this year, but quarterly earnings will post 4.90% year-over-year. Quarterly sales are estimated to grow 2.80% in year-over-year returns.

The shares outstanding are 1.61B, and float is at 1.61B with Short Float at 0.11%.

The top institutional shareholder in the company is DODGE & COX with over 22.14 million shares valued at $713.65 million. The investor’s holdings represent 0.4516 of the HMC Shares outstanding. As of 2024-06-30, the second largest holder is FISHER ASSET MANAGEMENT, LLC with 10.12 million shares valued at $326.2 million to account for 0.2064 of the shares outstanding. The other top investors are MONDRIAN INVESTMENT PARTNERS LTD which holds 4.38 million shares representing 0.0893 and valued at over $140.04 million, while MORGAN STANLEY holds 0.0673 of the shares totaling 3.3 million with a market value of $106.39 million.

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