Is Honda stock a good buy?
Is Honda stock a good buy?
Honda Motors’ stock (NYSE: HMC) at its current price of $29 has a potential upside of 30% as per Trefis’ Honda’s valuation. The stock is flat compared to the price after Q2 2022 results (ended September 2021). For Q2 2022, sales volume volume fell for Motorcycles segment to 4,294K units for the quarter, down 3% y-o-y.
How often does Honda pay dividends?
Honda Motor pays a dividend 2 times a year. Payment months are June, December.
What was Honda’s highest stock price?
The all-time high Honda stock closing price was 46.50 on July 28, 1988.
Is Honda stock a good buy 2021?
Nihonyanagi says Honda is well-positioned to outperform in a difficult environment given its robust balance sheet and attractive valuation.
Is Honda a buy or sell?
One stock to keep an eye on is Honda Motor (HMC). HMC is currently sporting a Zacks Rank of #1 (Strong Buy) and an A for Value. The stock has a Forward P/E ratio of 7.19. This compares to its industry’s average Forward P/E of 10.91.
How can I buy Honda stock?
How to buy shares in Honda Motor CoLtd
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details.
- Research the stock.
- Purchase now or later.
- Check in on your investment.
When did Honda go public?
February 11, 1977
Honda, which trades on NYSE as American Depository Receipts (ADRs), opened for trading on NYSE February 11, 1977, at a price of $25 7/8 per ADR. At the time, there were no other Japanese automakers listed on NYSE.
Is Honda undervalued?
Within the past 12 months, HMC’s P/CF has been as high as 6.16 and as low as 3.43, with a median of 4.87. These are just a handful of the figures considered in Honda Motor’s great Value grade. Still, they help show that the stock is likely being undervalued at the moment.
https://www.youtube.com/watch?v=8v7rMTTM4lQ