Honda (HMC) stock forecast for 2024
Last update: November 27, 2022 (08:36)Sector: Consumer cyclical
The share price of Honda Motor Co., Ltd. (HMC) now
What analysts predict: $28.05
52-week high/low: $31.06 / $21.43
50/200 Day Moving Average: $22.98 / $25.56
This figure corresponds to the average price over the previous 50/200 days. For Honda stocks, the 50-day moving average is the support level today.
For Honda stocks, the 200-day moving average is the resistance level today.
Are you interested in Honda stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Honda stock price in 2024. How much will one Honda share be worth in 2024?
Is it worth taking profit / loss on Honda stock now or waiting? What are analysts' forecasts for Honda stock?
We forecast Honda stock performance using neural networks based on historical data on Honda stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.
The Honda stock prediction results are shown below and presented as a graph, table and text information.
Honda stock forecasts are adjusted once a day based on the closing price of the previous trading day.
The minimum target price for Honda analysts is $28.05.
Today 200 Day Moving Average is the resistance level (25.56 $).
50 Day Moving Average is the support level (22.98 $).
Historical and forecast chart of Honda stock
The chart below shows the historical price of Honda stock and a prediction chart for the next year. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Honda stock price can be found in the table below.
Honda (HMC) Forecast for 2024
Honda information and performance
Honda Motor Co., Ltd. Is a leading motorcycle manufacturer and one of the leaders in the automotive industry. According to the Focus2move ranking, the Honda Civic and Honda CR-V are among the top five best-selling cars of 2019.
1-1, MINAMI-AOYAMA 2-CHOME, MINATO-KU, TOKYO, JAPAN, JP
Market Capitalization: 41 440 854 000 $
Market capitalization is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of shares in the company outstanding by the market price of one share.
EBITDA: 2 181 741 019 000 $
EBITDA is earnings before interest, income tax and depreciation of assets.
PE Ratio: 8.82
P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit
PEG Ratio: 8.66
Price/earnings to growth
Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.
Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.
EPS shows how much of the net profit is accounted for by the common share.
Quarterly Earnings Growth YOY: 0.148
Quarterly Revenue Growth YOY: 0.25
Trailing PE: 8.82
Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.
Forward PE: 7.41
Forward P/E uses projections of future earnings instead of final numbers.
EV To Revenue: 0.0044
Enterprise Value (EV) /Revenue
EV To EBITDA: 0.0407
The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).
Shares Outstanding: 1696310000
Number of issued ordinary shares
Shares Float: N/A
Number of freely tradable shares
Shares Short Prior Month: N/A
Shares Short Prior Month - the number of shares in short positions in the last month.
Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A
Honda price target for 2024 by month
Target values for the price of one Honda share for Jan 2024.
Pessimistic target level: 26.80
Optimistic target level: 29.02
Target values for the price of one Honda share for Feb 2024.
Pessimistic target level: 27.25
Optimistic target level: 28.16
Target values for the price of one Honda share for Mar 2024.
Pessimistic target level: 27.25
Optimistic target level: 29.33
Target values for the price of one Honda share for Apr 2024.
Pessimistic target level: 27.11
Optimistic target level: 28.89
Target values for the price of one Honda share for May 2024.
Pessimistic target level: 27.51
Optimistic target level: 28.86
Target values for the price of one Honda share for Jun 2024.
Pessimistic target level: 26.66
Optimistic target level: 28.71
Target values for the price of one Honda share for Jul 2024.
Pessimistic target level: 26.49
Optimistic target level: 27.92
Target values for the price of one Honda share for Aug 2024.
Pessimistic target level: 26.40
Optimistic target level: 28.20
Target values for the price of one Honda share for Sep 2024.
Pessimistic target level: 26.60
Optimistic target level: 28.05
Target values for the price of one Honda share for Oct 2024.
Pessimistic target level: 25.90
Optimistic target level: 28.26
Target values for the price of one Honda share for Nov 2024.
Pessimistic target level: 25.57
Optimistic target level: 28.14
Target values for the price of one Honda share for Dec 2024.
Pessimistic target level: 27.57
Optimistic target level: 29.12
Honda (HMC) stock dividend
Honda last paid dividends on 09/28/2022. The next scheduled payment will be on 06/13/2022. The amount of dividends is $180 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.
Last Split Date: 01/01/1970
Last Split Factor:
Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.
For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.
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All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.