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Honda Motor Co., Ltd. (HMC)

NYSE - NYSE Delayed Price. Currency in USD
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23.52-0.43 (-1.80%)
At close: 04:00PM EDT
23.51 -0.01 (-0.04%)
After hours: 07:41PM EDT
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Neutralpattern detected
Previous Close23.95
Open23.67
Bid0.00 x 1300
Ask0.00 x 800
Day's Range23.25 - 23.71
52 Week Range23.21 - 32.15
Volume1,385,445
Avg. Volume1,123,630
Market Cap40.322B
Beta (5Y Monthly)0.87
PE Ratio (TTM)10.70
EPS (TTM)2.20
Earnings DateN/A
Forward Dividend & Yield1.40 (5.43%)
Ex-Dividend DateSep 28, 2021
1y Target Est30.20
  • Fortune

    The chip shortage claims another victim as Honda cuts 40% of vehicle production in Japan

    Two years in, the chip shortage is still forcing companies to make significant production cutbacks.

  • Benzinga

    Honda Plans To Cut Car Production In Japan On Supply Issues

    Honda Motor Co Ltd (NYSE: HMC) is planning to cut its car output by 40% at two of its Japanese plants. The automaker took the decision after considering the prevailing supply chain and logistical problems, Reuters reported. The cut raises concern about the company as it gears to make up for lost production in the first half of the year. Two lines at Honda's Suzuka plant in western Japan will reduce production by about 40% in early October. Also Read: TSMC Chief Blames Low-End Chips For Hindering

  • Reuters

    Honda to cut car output by up to 40% in Japan on supply problems

    TOKYO (Reuters) -Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants in early October because of ongoing supply chain and logistical problems. The cutback provides further evidence of problems automakers likely face in trying to increase production volumes in the second half of the financial year to the end of March to make up for a shortfall caused by a persistent shortage of chips and supply chain disruptions in the first half of the business year. Two lines at Honda's Suzuka plant in western Japan will cut back production by about 40% in early October, while its assembly plant in Saitama prefecture, north of Tokyo, will cut back production plans by about 30% for the period.

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