Honda Motor (HMC) Stock Drops Despite Market Gains: Important Facts to Note

From Nasdaq:

Honda Motor (HMC) stocks experienced a loss in the latest trading session, although less than the S&P 500.  Investors should observe the upcoming earnings for the automaker. Zacks Consensus Estimates predict a $0.78 EPS, a 23.53% decrease, and revenue of $37.68 billion. The Zacks Rank model indicates that HMC is a #3 (Hold).

The stock is currently trading at a forward P/E ratio of 7.66, indicating a premium, and has a PEG ratio of 0.36. The Automotive – Foreign industry has an industry rank of 43, placing it within the top 18% of over 250 industries. Follow on Zacks.com for more information.

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