Honda Motors’ Stock Rising Before Earnings

by Trefis Team
+38.36%
Upside
27.59
Market
38.17
Trefis
HMC
Honda
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Honda Motors (NYSE: HMC), one of the world’s most reputed automobile manufacturers, saw its stock rise by 4% to $31 over the last five trading days in anticipation of earnings on Friday, May 14. In comparison, the broader S&P500 fell by 0.7% over the last five trading days. The stock seems to have priced in the earnings and is in line with Trefis estimate of Honda’s Valuation, which is $31.  Now, is HMC stock poised to grow? We believe that there is a 51% chance of a rise in HMC stock over the next month (twenty-one trading days) based on our machine learning analysis of trends in the stock price over the last ten years. See our analysis on Honda Motors Stock Chances Of Rise for more details.

5D: HMC 4%, vs. S&P500 -0.7%; Outperformed market

(10% likelihood event)

  • Honda Motors stock rose 4% over a five day trading period ending 5/10/2021, compared to the broader market (S&P500) which declined 0.7%
  • A change of 4% or more over five trading days is a 10% likelihood event, which has occurred 252 times out of 2516 in the last ten years.

10D: HMC 2.6%, vs. S&P500 -0.5%; Outperformed market

(25% likelihood event)

  • Honda Motors stock rose 2.6% over the last ten trading days (two weeks), compared to the broader market (S&P500) decline of 0.5%
  • A change of 2.6% or more over ten trading days is a 25% likelihood event, which has occurred 636 times out of 2511 in the last ten years

21D: HMC 5.5%, vs. S&P500 0.9%; Outperformed market

(18% likelihood event)

  • Honda Motors stock rose 5.5% over the last twenty-one trading days (one month), compared to the broader market (S&P500) rise of 0.9%
  • A change of 5.5% or more over twenty-one trading days is an 18% likelihood event, which has occurred 449 times out of 2500 in the last ten years

While Honda’s stock may have moved, it is helpful to see how its peers stack up. Ford Stock Comparison With Peers summarizes how Ford compares against peers on metrics that matter. You can find more such useful comparisons on Peer Comparisons.

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