ValuEngine Upgrades Hitachi (OTCMKTS:HTHIY) to “Buy”

ValuEngine upgraded shares of Hitachi (OTCMKTS:HTHIY) from a hold rating to a buy rating in a research note released on Friday, February 2nd.

Hitachi (OTCMKTS:HTHIY) opened at $77.72 on Friday. The stock has a market cap of $37,720.00, a price-to-earnings ratio of 13.20, a PEG ratio of 0.92 and a beta of 1.16. Hitachi has a 52 week low of $52.24 and a 52 week high of $85.54. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.96 and a current ratio of 1.33.

Hitachi (OTCMKTS:HTHIY) last released its quarterly earnings results on Wednesday, January 31st. The conglomerate reported $1.80 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.45 by $0.35. The firm had revenue of $20.36 billion during the quarter. Hitachi had a net margin of 3.19% and a return on equity of 7.36%. sell-side analysts forecast that Hitachi will post 6.53 EPS for the current fiscal year.

TRADEMARK VIOLATION WARNING: “ValuEngine Upgrades Hitachi (OTCMKTS:HTHIY) to “Buy”” was originally reported by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are reading this story on another site, it was copied illegally and republished in violation of U.S. & international copyright & trademark laws. The correct version of this story can be viewed at https://www.dispatchtribunal.com/2018/02/21/hitachi-hthiy-upgraded-at-valuengine.html.

About Hitachi

Hitachi, Ltd. is engaged in providing solutions to customers in a range of sectors, including power/energy, industry/distribution/water, urban development, and finance/government and public/healthcare. The Company’s segments include Information & Telecommunication Systems, Social Infrastructure & Industrial Systems, Electronic Systems & Equipment, Construction Machinery, High Functional Materials & Components, Automotive Systems, Smart Life & Ecofriendly Systems, Others (Logistics and Other services) and Financial Services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Receive News & Ratings for Hitachi Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hitachi and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply