Honda Motor ADR (NYSE: HMC) is -11.84% lower on its value in year-to-date trading and has touched a low of $23.41 and a high of $37.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The HMC stock was last observed hovering at around $26.93 in the last trading session, with the day’s gains setting it 0.32%.
Currently trading at $27.25, the stock is 6.31% and -0.88% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.89 million and changing 1.19% at the moment leaves the stock -13.94% off its SMA200. HMC registered -10.92% loss for a year compared to 6-month loss of -14.95%. The firm has a 50-day simple moving average (SMA 50) of $27.5852 and a 200-day simple moving average (SMA200) of $31.70035.
The stock witnessed a 2.21% gain in the last 1 month and extending the period to 3 months gives it a -17.12%, and is 7.88% 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 2.83% over the week and 1.57% over the month.
Honda Motor ADR (HMC) has around 194993 employees, a market worth around $42.53B and $143.83B in sales. Current P/E ratio is 6.73 and Fwd P/E is 6.11. Profit margin for the company is 4.53%. Distance from 52-week low is 16.40% and -28.10% from its 52-week high. The company has generated returns on investments over the last 12 months (5.00%).
The EPS is expected to shrink by -4.27% this year
The shares outstanding are 1.56B, and float is at 1.56B with Short Float at 0.14%.
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.