Honda Motor ADR (HMC) stock price forecast predicts $31.51 value

A share price of Honda Motor ADR [HMC] is currently trading at $28.76, up 1.37%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The HMC shares have gain 21.35% over the last week, with a monthly amount glided 11.17%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Honda Motor ADR [NYSE: HMC] stock has seen the most recent analyst activity on December 18, 2024, when UBS upgraded its rating to a Neutral. Previously, Morgan Stanley upgraded its rating to Overweight on September 07, 2023. On July 06, 2023, downgrade downgraded it’s rating to Sell. Nomura downgraded its rating to a Neutral. JP Morgan upgraded its rating to a Overweight. JP Morgan downgraded its rating to Neutral for this stock on October 05, 2021. In a note dated February 18, 2021, Daiwa Securities downgraded an Outperform rating on this stock.

Honda Motor ADR experienced fluctuations in its stock price throughout the past year between $23.41 and $37.90. Currently, Wall Street analysts expect the stock to reach $31.51 within the next 12 months. Honda Motor ADR [NYSE: HMC] shares were valued at $28.76 at the most recent close of the market. An investor can expect a potential return of 9.56% based on the average HMC price forecast.

Analyzing the HMC fundamentals

Trailing Twelve Months sales for Honda Motor ADR [NYSE:HMC] were 143.83B which represents 4.80% growth. Gross Profit Margin for this corporation currently stands at 0.22% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.07%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.08 and Total Capital is 0.07. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.85.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 28.53 points at the first support level, and at 28.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 29.05, and for the 2nd resistance point, it is at 29.33.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Honda Motor ADR [NYSE:HMC] is 1.43. In addition, the Quick Ratio stands at 1.12 and the Cash Ratio stands at 0.57. Considering the valuation of this stock, the price to sales ratio is 0.31, the price to book ratio is 0.52 and price to earnings (TTM) ratio is 7.10.

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