Hitachi Ltd. (OTCMKTS:HTHIY – Get Free Report) gapped down before the market opened on Friday. The stock had previously closed at $36.83, but opened at $35.00. Hitachi shares last traded at $35.35, with a volume of 64,399 shares traded.
Wall Street Analyst Weigh In
HTHIY has been the topic of several recent research reports. Zacks Research raised shares of Hitachi from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 2nd. Sanford C. Bernstein initiated coverage on shares of Hitachi in a research report on Tuesday, September 15th. They issued an “outperform” rating on the stock. Two research analysts have rated the stock with a Strong Buy rating and one has assigned a Buy rating to the company’s stock. Based on data from MarketBeat.com, Hitachi presently has a consensus rating of “Strong Buy”.
Read Our Latest Analysis on HTHIY
Hitachi Price Performance
The company has a debt-to-equity ratio of 0.08, a current ratio of 1.09 and a quick ratio of 0.83. The business’s 50 day moving average price is $34.96 and its 200 day moving average price is $32.51. The stock has a market capitalization of $160.94 billion, a P/E ratio of 30.59, a price-to-earnings-growth ratio of 1.30 and a beta of 0.97.
Hitachi (OTCMKTS:HTHIY – Get Free Report) last posted its quarterly earnings data on Wednesday, July 29th. The conglomerate reported $0.27 EPS for the quarter, beating analysts’ consensus estimates of $0.21 by $0.06. The company had revenue of $16.53 billion during the quarter, compared to analysts’ expectations of $15.50 billion. Hitachi had a return on equity of 12.07% and a net margin of 7.30%. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS. Sell-side analysts forecast that Hitachi Ltd. will post 1.37 EPS for the current year.
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.
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