Honda Motor ADR (NYSE: HMC): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. The stock was recently discussed on Yahoo Finance as it revealed that Honda Motor Co., Ltd. (HMC:NYSE) announced its consolidated financial results for the fiscal second quarter and the fiscal first half year ended September 30, 2023.

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Stocks Info

HMC belongs to the Consumer Cyclical sector of the NYSE while operating in the Auto Manufacturers industry. The current market capitalization of Honda Motor ADR is $57.68B. A total of 1.37 million shares were traded on the day, compared to an average of 987.90K shares.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. Honda Motor ADR pays an annual dividend of $1.02, resulting in a dividend yield of 2.77%, and it has a price to earnings (P/E) ratio of 9.16. 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.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, HMC has a high of $36.82 and a low of $25.02.

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

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. HMC’s latest balance sheet shows that the firm has $3.89T in Cash & Short Term Investments as of fiscal 2022. There were $8.10T in debt and $6.00T in liabilities at the time. Its Book Value Per Share was $52.87, while its Total Shareholder’s Equity was $10.77T.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 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 Buy with a score of 3.80.

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