Hitachi FY2028 EPS Forecast Increased by Erste Group Bank

Hitachi Ltd. (OTCMKTS:HTHIY) – Analysts at Erste Group Bank increased their FY2028 earnings per share estimates for shares of Hitachi in a note issued to investors on Wednesday, August 5th. Erste Group Bank analyst S. Lingnau now forecasts that the conglomerate will post earnings of $1.55 per share for the year, up from their prior forecast of $1.50. The consensus estimate for Hitachi’s current full-year earnings is $1.23 per share.

Hitachi (OTCMKTS:HTHIY) last announced its earnings results on Wednesday, July 29th. The conglomerate reported $0.27 earnings per share for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. Hitachi had a net margin of 7.30% and a return on equity of 12.02%. The business had revenue of $16.53 billion for the quarter, compared to the consensus estimate of $15.50 billion. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Separately, Zacks Research raised Hitachi from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Hitachi Price Performance

Shares of Hitachi stock opened at $35.19 on Tuesday. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.85 and a current ratio of 1.10. Hitachi has a 52-week low of $25.00 and a 52-week high of $39.00. The company has a fifty day moving average of $30.53 and a 200-day moving average of $31.44. The stock has a market capitalization of $159.61 billion, a price-to-earnings ratio of 30.34, a price-to-earnings-growth ratio of 1.67 and a beta of 0.91.

Hitachi Company Profile

Hitachi, Ltd. (OTCMKTS:HTHIY) is a Tokyo-headquartered multinational conglomerate that operates a diversified portfolio of businesses spanning information technology, energy and power systems, industrial machinery, transportation systems, and digital solutions. Founded in 1910 by engineer Namihei Odaira in the city of Hitachi, Ibaraki Prefecture, the company grew from an electrical repair shop and early induction motor manufacturing into a global engineering and technology group. Hitachi positions itself as a “social innovation” company, combining operational technology, information technology and domain knowledge to address infrastructure and industry challenges.

The company’s activities include design and manufacture of heavy industrial equipment and construction machinery, delivery of rail and urban transportation systems, development and provision of power generation and grid equipment, and enterprise IT services including systems integration and cloud solutions.