Commodity Channel Index
Previous Close | 29.59 |
Open | 30.00 |
Bid | 0.00 x 1200 |
Ask | 0.00 x 1300 |
Day's Range | 29.79 - 29.99 |
52 Week Range | 21.44 - 29.99 |
Volume | |
Avg. Volume | 1,012,746 |
Market Cap | 49.588B |
Beta (5Y Monthly) | 0.78 |
PE Ratio (TTM) | 10.18 |
EPS (TTM) | 2.93 |
Earnings Date | N/A |
Forward Dividend & Yield | 0.88 (2.97%) |
Ex-Dividend Date | Mar 29, 2023 |
1y Target Est | 32.39 |
The race for Tesla rivals to become all-electric is getting more competitive as legacy automakers unveil and produce new electric vehicles and retire their internal combustion engine models. General Motors says that its new EV Silverado truck with a 400 mile range will be available for retail sales in summer 2024. Its GMC division in April unveiled its supertruck 2023 GMC Hummer EV 3X, as well as its 2024 GMC Hummer EV Edition 1 and GMC Hummer EV 3X SUVs.
Tesla, Apple, General Motors, Honda Motor and Ford have been highlighted in this Investment Ideas article.
Japan's Hitachi Astemo said on Thursday an auto industry veteran will take over as top executive from Brice Koch, who handled the automotive supplier's response to misconduct over testing and other procedures for components going back as far as the 1980s. Hitachi Astemo, which makes a wide range of car, motorcycle and train parts such as brake systems and powertrains, is a joint venture between Hitachi and major automaker Honda Motor Co Ltd. Honda director Kohei Takeuchi will become its new president and CEO effective July 1, pending the approval of the shareholders and board later this month, Hitachi Astemo said in a statement.
If you are looking for stocks that are well positioned to maintain their recent uptrend, Honda (HMC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Strength" screen.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Honda will return as a factory Formula One supplier in partnership with Aston Martin in 2026 when F1 introduces new engine regulations. Alonso and the engine maker had a nasty split in 2015 when the Spaniard was highly critical of Honda's F1 efforts.
With Volkswagon leading the pack, these are the 10 biggest car companies by 12-month trailing revenue.
With spring car buying season in full swing, those looking for a deal in the used car market are likely not going to find one. According to a new report titled “Used Market Enters Uncharted Territory Post-Pandemic” released from car-shopping site Edmunds.com, though used car prices softened a bit recently they still remain historically high. Edmunds’ data scoured from dealer retail pricing finds that the average used vehicle transaction price in Q1 slipped 6.4% year-over-year, but is still up 44% from five years ago.
Honda Motor's (HMC) attractive products and frequent collaborations are poised to bolster its revenues. High R&D expenses and commodity and labor costs are major headwinds.
For fiscal 2024, Honda (HMC) forecasts revenues of 18.2 trillion yen, indicating an uptick of 7.6% year over year.
Japanese automakers are turning up the heat on electric vehicle industry leader Tesla, as they reveal plans for new EV models to compete directly with Elon Musk's company. Toyota Motor Corp. in April made a serious challenge to Tesla in the SUV and crossover market as it unveiled two battery electric vehicle concept models that will compete with the leading EV producer's Model X SUV. The concept models are part of Toyota's bZ series dedicated to BEVs, which will role out 10 electric models by 2026.
Are you looking to save money on a new car that you won’t have to worry about for years to come? Consider buying newish instead.
Most Asian share markets were subdued on Friday and the dollar held onto its gains from safe-haven flows, after soft economic data from U.S. and China magnified concerns of a global slowdown, although Japanese stocks outperformed. MSCI's broadest index of Asia-Pacific shares outside Japan slipped 0.2% and was headed for a weekly decline of 0.8%, weighed lower by a slew of data from China that pointed to a sluggish economic recovery after the lift of COVID lockdowns.
Image source: The Motley Fool. Honda Motor (NYSE: HMC)Q4 2023 Earnings CallMay 11, 2023, 2:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: Unknown speaker I thank you very much for taking time out of your busy schedule to attend our press conference.
Honda’s profit for the fiscal year that ended in March dropped 1.7% as sales took a hit from a semiconductor shortage and restrictions in China related to the coronavirus pandemic. Net profit for the fiscal year that just ended totaled 695.2 billion yen ($5.2 billion), as declining auto sales and rising research costs offset the perks of a favorable currency exchange rate. A cheap yen is a plus for Japanese exporters like Honda because it raises the value of overseas revenue when it is converted into yen.
Japan's Honda Motor Co on Thursday forecast a 19.1% rise in operating profit for this business year, after it missed analysts' estimates in the fourth quarter. Japan's second-biggest automaker forecast full-year operating profit rising to 1.0 trillion yen ($7.40 billion) compared with a 985.62 billion yen average profit expected by 21 analysts.
The Honda Pilot first joined the automaker’s lineup for the 2003 model year and it’s been a popular choice for midsize crossover SUV shoppers ever since. Twenty years later, the 2023 Pilot enters its fourth generation with updated front and rear styling for a more truck-like shape than its predecessor. In comparison, the Hyundai Palisade is a relative newcomer among midsize three-row SUVs.
The electric vehicle market is expanding daily as new companies unveil new electric models and legacy internal combustion engine automakers begin to convert their gasoline-powered line of vehicles to EVs. Top EV manufacturer Tesla is striving to remain ahead of all the EV competition coming from US automakers Ford and General Motors , as well European players such as Volkswagen, Stellantis and BMW or the Chinese market with BYD , NIO and XPeng . Japan's Honda and Toyota also have big plans for EV production in the future.
Japan's automakers are facing a sales crisis in China, data shows, as a rapid shift to electric vehicles (EVs) has upended the world's largest auto market and led to a plunge in purchases of gasoline-powered cars. Total sales of Japanese auto brands in China were down 32% year-on-year in the first quarter, more than double the pace of the overall market contraction, industry data analysed by Reuters showed. While other automakers like Volkswagen AG have also been caught out by the sharp shift in China, Japanese automakers stand out because of their limited showing in the fast-growing category of electric and plug-in hybrid sales.
Maybe the most anticipated new EV coming to market is industry leader Tesla's Cybertruck that the company's CEO Elon Musk unveiled four years ago. "We're anticipating having a delivery event, a great delivery event probably in Q3," Musk told investors during Tesla's first quarter's earnings' call. Tesla has not revealed the Cybertruck's manufacturer suggested retail price yet, but auto industry experts estimate a base price could be about $40,000.
TOKYO (Reuters) -Japan will provide as much as $1.8 billion in subsidies for a slate of storage battery and chip-related projects, Industry Minister Yasutoshi Nishimura said on Friday, marking Tokyo's latest push towards greater supply chain security. The government plans to give up to 184.6 billion yen ($1.38 billion) in subsidies for eight storage battery-related proposals and up to 56.4 billion yen for two semiconductor-related projects, Nishimura told reporters. Among the proposals that it will subsidise is a plan by automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp to invest about 430 billion yen to boost storage battery production, with the ministry providing up to 158.7 billion yen in subsidies for the project.
CarMax, the largest used car retailer in the US, is seeing a huge spike in electric vehicle interest. In its annual EV consumer report, CarMax found that search volume for the word “electric” doubled from February of last year to this year, when the retailer compiled data for its last EV report.
Japanese automaker Honda Motor Co Ltd and battery maker GS Yuasa Corp will invest over 400 billion yen ($2.99 billion) and team up to produce batteries for electric vehicles (EVs) and homes, the Nikkei newspaper reported on Thursday. The companies will start by building a new plant in Japan, targeting a production capacity of at least 20 gigawatt hours (GWh), the Nikkei added, without citing sources. Japan's Ministry of Economy, Trade and Industry would provide a subsidy of about 150 billion yen, the newspaper added, without specifying whether that would be only for building the factory.
Honda is gearing up for an electrification shift in North America with two models developed with General Motors going on sale next year and a bigger EV with a new platform in 2025, a year earlier than initially announced. “We believe that the value society places on being kind to the environment will only build in momentum,” President Toshihiro Mibe said Wednesday in announcing a sprawling set of initiatives intended to put Honda on the global EV map. Mibe told reporters Tokyo-based Honda will forge ahead on investments and partnerships to realize such goals.