Honda is recalling about 1.7 million vehicles in the U.S. as difficulty in steering can increase the risk of a crash, the National Highway Traffic Safety Administration said on Wednesday.
Honda Motor Co. is trading at a significant discount with a price/book value of 0.63 and a P/E ratio of 6.80. Despite industry changes, Honda's strong earnings growth and low valuation metrics make it a compelling value investment. Dividends are attractive but inconsistent, with a yield over 4%, dependent on continued strong earnings and potential capital reallocation to electric vehicles.
Honda stock's price is right with an exceptionally low valuation. The company's future looks bright, especially with its hybrid and electric vehicle strategy.
Given Honda's (HMC) appealing valuation, strong hybrid lineup, ambitious electrification plans and a commitment to enhancing shareholder value, we remain bullish on the stock.
For fiscal 2025, Honda (HMC) forecasts revenues and operating profits of 20.3 trillion yen and 1.42 trillion yen, respectively.
Honda Motor Co., Ltd. (NYSE:HMC ) Q1 2025 Press Conference Call August 7, 2024 2:15 AM ET Company Participants Eiji Fujimura - Managing Executive Officer, CFO Masao Kawaguchi - Head of Accounting and Finance Supervisory Unit Conference Call Participants Operator Thank you very much indeed for your participation despite your business schedule today.
Japan's Honda Motor reported a 23% increase in first-quarter profit on Wednesday as the automaker benefited from a weaker yen, and maintaining its full-year profit forecast.
Japan's Nikkei is fresh off its worst day since the “Black Monday” crash in 1987 amid a global market selloff.
Japan's Honda Motor will report consolidated first-quarter operating profit of more than 450 billion yen ($3.17 billion), boosted by strong U.S. hybrid vehicle sales, the Nikkei newspaper reported on Monday.
Japan's second-largest automaker, Honda Motor stock (NYSE: HMC), has seen its stock rise by just about 2% this year, meaningfully underperforming the broader indices. In comparison, rival Toyota has seen its stock rise by 5% over the same period.
The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Honda Motor Co., Ltd. ("Honda" or "the Company") (NYSE:HMC) for violations of the securities laws.
LOS ANGELES, CA / ACCESSWIRE / July 26, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Honda Motor Co., Ltd. ("Honda" or "the Company") (NYSE:HMC) for violations of the securities laws.