Hitachi (HTHIY) Set to Post Earnings on Wednesday

Hitachi (OTCMKTS:HTHIY) is anticipated to post its results after the market closes on Wednesday, October 28th. Analysts expect the company to post earnings of $0.33 per share and revenue of $18.57 billion for the quarter. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS.

Hitachi (OTCMKTS:HTHIY) last announced its earnings results on Wednesday, July 29th. The conglomerate reported $0.27 EPS 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 12.07%. The business had revenue of $16.53 billion during the quarter, compared to analysts’ expectations of $15.50 billion. On average, analysts expect Hitachi to post $1.37 EPS for the current fiscal year and $1.65 EPS for the next fiscal year.

Hitachi Price Performance

Shares of HTHIY opened at $37.12 on Wednesday. Hitachi has a fifty-two week low of $27.22 and a fifty-two week high of $39.00. The company has a market capitalization of $168.36 billion, a price-to-earnings ratio of 32.00, a price-to-earnings-growth ratio of 1.26 and a beta of 0.97. The firm has a 50-day simple moving average of $34.92 and a 200-day simple moving average of $32.41. The company has a debt-to-equity ratio of 0.08, a quick ratio of 0.83 and a current ratio of 1.09.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. Zacks Research upgraded Hitachi from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 2nd. Sanford C. Bernstein began coverage on Hitachi in a research note on Tuesday, September 15th. They set an “outperform” rating for the company. Two investment analysts have rated the stock with a Strong Buy rating and one has given a Buy rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Strong Buy”.

About Hitachi

Hitachi, Ltd. is a Japanese technology and engineering company that develops digital, infrastructure and industrial solutions for customers worldwide. Founded in 1910 and headquartered in Tokyo, the company has evolved from an electrical equipment manufacturer into a diversified provider of systems and services supporting social infrastructure and business operations.

Hitachi’s principal activities include digital systems and services, energy systems, railway systems, industrial equipment and healthcare technology.