Hitachi (OTCMKTS:HTHIY) Shares Gap Down – Should You Sell?

by · The Markets Daily

Hitachi Ltd. (OTCMKTS:HTHIY – Get Free Report) shares gapped down prior to trading on Thursday. The stock had previously closed at $35.67, but opened at $34.05. Hitachi shares last traded at $34.78, with a volume of 44,505 shares.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Stock Analysis on HTHIY

Hitachi Stock Up 1.7%

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 stock has a market capitalization of $161.01 billion, a PE ratio of 30.60, a PEG ratio of 1.36 and a beta of 0.92. The company has a 50 day moving average price of $33.79 and a 200-day moving average price of $31.72.

Hitachi (OTCMKTS:HTHIY – Get Free Report) 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 return on equity of 12.07% and a net margin of 7.30%.The company had revenue of $16.53 billion during the quarter, compared to the consensus estimate of $15.50 billion. Hitachi has set its FY 2026 guidance at 1.257-1.257 EPS. As a group, analysts forecast that Hitachi Ltd. will post 1.37 earnings per share for the current fiscal year.

Hitachi Company Profile

(Get Free Report)

Hitachi, Ltd. is a Japanese technology and industrial company that provides products, systems and services for businesses, governments and infrastructure operators worldwide. Its operations combine information technology, digital solutions and engineering capabilities to help customers improve efficiency, resilience and sustainability.

The company’s principal activities include digital systems and services, enterprise software, data and information technology solutions, railway systems, power and energy infrastructure, industrial equipment, building systems, healthcare technology and advanced manufacturing products.

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