Forecast Of The Day: Average Price of Honda Vehicles

-2.38%
Downside
33.24
Market
32.45
Trefis
HMC: Honda Motor logo
HMC
Honda Motor

What?

The Average Price of Honda (NYSE:HMC) vehicles fell from $19,300 in FY’19 to about $17,800 in FY’20, although it rose sharply to $20,600 in FY’21. Trefis expects the metric to grow to about $21,200 in FY’23.

Why?

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The recent increase has come from the company prioritizing more expensive trims and models, given the semiconductor shortage.

So What?

We value Honda stock at about $33 per share, about 35% ahead of the current market price.

See Our Complete Analysis For Honda

What if you’re looking for a more balanced portfolio instead? Our high-quality portfolio and multi-strategy portfolio have beaten the market consistently since the end of 2016.

 Returns Jul 2022
MTD [1]
2022
YTD [1]
2017-22
Total [2]
 HMC Return 2% -13% -16%
 S&P 500 Return 1% -20% 71%
 Trefis Multi-Strategy Portfolio 3% -21% 214%

[1] Month-to-date and year-to-date as of 7/18/2022
[2] Cumulative total returns since the end of 2016

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