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Tuesday, March 21, 2023

Investing In Honda Motor Co. Ltd. (NYSE: HMC): Why Should You?

After Hours

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. After-hours trades for Honda Motor Co. Ltd. (HMC) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.30, or -1.13%, to $26.30. The Honda Motor Co. Ltd. has recorded 5,325 volume in the after hours trading session. Recently, Yahoo Finance discussed the stock, revealing that LG Energy Solution and Honda Break Ground for New Joint Venture EV Battery Plant in Ohio.

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Stocks Info

As a NYSE listed company, HMC falls under the Consumer Cyclical sector while operating within the Auto Manufacturers industry segment. At the end of the last regular session, the stock closed at $26.60 and fluctuated between $26.75 as its day high and $26.58 as its day low. The current market capitalization of Honda Motor Co. Ltd. is $46.93B. A total of 0.86 million shares were traded on the day, compared to an average of 1.12M shares.


Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Honda Motor Co. Ltd. pays an annual dividend of $0.94, resulting in a dividend yield of 3.53%, and it has a price to earnings (P/E) ratio of 8.76. HMC’s most recent ex-dividend date was 9/28/2021 when it declared a $0.3870 quarterly dividend that was paid in cash on 12/8/2021. Previously, the company paid the dividend on 6/14/2021 with an ex-dividend date of 3/29/2021. The HMC stock dividend was $0.3950 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for HMC in the last 3 months, the mean price target is $29.56 with high estimates of $40.36 and low estimates of $23.76. In terms of 52-week highs and lows, HMC has a high of $29.19 and a low of $21.43.

As of this writing, HMC has an earnings estimate of $0 per share for the current quarter. EPS was calculated based on a consensus of 0 estimates, with a high estimate of $0 per share and a lower estimate of $0.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 20 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for HMC is Sell with a score of 5.00. A total of 8 analysts rated the stock as Buy while 5 rated it as Overweight while 6 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 1 thought it should be Sold.

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