Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Honda Motor Co Ltd (ADR) before investing.

In this article, we go over a few key elements for understanding Honda Motor Co Ltd (ADR)’s stock price such as:

• Honda Motor Co Ltd (ADR)’s current stock price and volume
• Why Honda Motor Co Ltd (ADR)’s stock price changed recently
• Upgrades and downgrades for HMC from analysts
• HMC’s stock price momentum as measured by its relative strength

About Honda Motor Co Ltd (ADR) (HMC)

Before we jump into Honda Motor Co Ltd (ADR)’s stock price, history, target price and what caused it to recently dip, let’s take a look at some background.

Honda Motor Co Ltd is a Japan-based company principally engaged in the motorcycle business, the automobile business, the financial service business and the life creation business. The Company operates through four business segments. The Motorcycle segment is engaged in the research and development, production and sale of motorcycles, all-terrain vehicles (ATVs), side-by-side vehicles and related parts. The Automobile segment is engaged in the research and development, production and sale of automobiles and related parts. The Financial Service segment is engaged in the sales financing and leasing of its products. The Life Creation and Other Products segment is engaged in the research and development, production and sale of power products and related parts.

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Honda Motor Co Ltd (ADR)’s Stock Price as of Market Close

As of September 27, 2024, 4:00 PM, CST, Honda Motor Co Ltd (ADR)’s stock price was $32.22.

Honda Motor Co Ltd (ADR) is down 4.14% from its previous closing price of $33.61.

During the last market session, Honda Motor Co Ltd (ADR)’s stock traded between $33.45 and $33.72. Currently, there are 1,607.97 million shares of Honda Motor Co Ltd (ADR) stock available for purchase.

Honda Motor Co Ltd (ADR)’s price-earnings (P/E) ratio is currently at 6.9, which is low compared to the Auto & Truck Manufacturers industry median of 7.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Honda Motor Co Ltd (ADR) Stock Price History

Honda Motor Co Ltd (ADR)’s (HMC) price is currently down 2.22% so far this month.

During the month of September, Honda Motor Co Ltd (ADR)’s stock price has reached a high of $33.72 and a low of $30.30.

Over the last year, Honda Motor Co Ltd (ADR) has hit prices as high as $37.90 and as low as $27.69. Year to date, Honda Motor Co Ltd (ADR)’s stock is up 40.94%.

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What Caused Honda Motor Co Ltd (ADR) Stock’s Price to Dip?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of September 26, 2024, there were analysts who downgraded Honda Motor Co Ltd (ADR)’s stock and analysts who upgraded over the last month.

Additionally, you'll want to evaluate Honda Motor Co Ltd (ADR)’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Honda Motor Co Ltd (ADR)’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Honda Motor Co Ltd (ADR)’s current valuation based on AAII’s Value Grade is a A, which means it is considered to be Deep Value.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Honda Motor Co Ltd (ADR) (HMC) by visiting AAII Stock Evaluator.

Relative Price Strength of Honda Motor Co Ltd (ADR)

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 26, 2024, Honda Motor Co Ltd (ADR) has a weighted four-quarter relative price strength of -5.87%, which translates to a Momentum Score of 41 and is considered to be Average.

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Honda Motor Co Ltd (ADR) Stock Price: Bottom Line

As of September 27, 2024, Honda Motor Co Ltd (ADR)’s stock price is $32.22, which is down 4.14% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Honda Motor Co Ltd (ADR) stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.