How to Buy Honda Motor Co Stock
Honda Motor Co Ltd
Honda Motor Co is a auto company located in Japan, which is part of the Consumer Cyclical sector, and is traded under the ticker HMC on the NYSE exchange.
Honda Motor Co stock last closed at $29.12, down 0.21% from the previous day, and has decreased 8.89% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 0.91 percentage points. Honda Motor Co stock is currently +24.39% from its 52-week low of $23.41, and -13.64% from its 52-week high of $33.72.
At the moment, there are 4.35B HMC shares outstanding. The market capitalization of HMC is $42.15B. In the last 24 hours, 1.12M HMC shares were traded.
How to Buy Honda Motor Co Stock
Wondering how to invest in Honda Motor Co stock? Here's how.
- Choose where to buy Honda Motor Co stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you decide where to buy Honda Motor Co stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Deposit funds into your investment account: Choose your payment method and add your info.
- Evaluate Honda Motor Co stock: The Honda Motor Co ticker symbol is HMC. Is Honda Motor Co stock a good investment? Should you buy shares of HMC? How do HMC's underlying business fundamentals look? Do top analysts think Honda Motor Co is a good buy? Why has HMC's stock price moved recently? (Hint: Our stock research website can help you evaluate if HMC is a good stock to buy).
- Place your HMC buy order: Decide if you will purchase HMC shares at the current market price or use a limit order to purchase HMC stock at a given price.
- Watch your investment in HMC: Create a watchlist to keep tabs on your new investment in Honda Motor Co stock.
Step 1: Choose where to buy Honda Motor Co stock
You need an online brokerage account to access the NYSE market and buy HMC stock.
Our preferred brokerage: eToro
Based on our research, eToro is the best place to buy stocks. Here's why:
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- Social investing: eToro boasts a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your stock purchase by signing up for an account with eToro now. This offer is only for US users.
Open eToro AccountStep 2: Create your brokerage account
Now that you've picked the best brokerage, you'll need to fill out some personal information so you are able to invest in HMC stock today.
How to Set Up a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have created your account on mobile trading apps, you need to deposit funds:
Check out the video below if you need help depositing money into your brokerage account.
Step 4: Evaluate Honda Motor Co stock
Once you have chosen the best place to buy Honda Motor Co stock, it's critical to research their stock before you buy, so you actually understand the risk as well as the upside.
Honda Motor Co stock data
Honda Motor Co Overview
WallStreetZen was designed to help everyday investors perform better fundamental analysis.
You can view all of the due diligence checks on HMC's stock page.
What is the fair value of HMC stock?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge HMC's fair value.
Using relative valuations measures:
- HMC could be undervalued based on its P/E ratio of 7.74x, relative to Auto Manufacturers industry P/E ratio of 108.31x
- HMC may be undervalued based on its P/B ratio of 0.49x, relative to Auto Manufacturers industry P/B ratio of 2.66x
- HMC could be undervalued based on its PEG ratio of 0.83x
You can do additional valuation analysis on HMC's stock here.
HMC Financial Health
Positive Health Checks:
- HMC has cash burn of 1446341976. It has enough cash and short-term investments to cover this for at least one year.
- HMC has $52.51B in cash and short term investments. This is sufficient to cover its annual cash burn of $1.45B.
- There are more short-term assets than short-term liabilities on the HMC balance sheet.
- There are more short-term assets than long-term liabilities on the HMC balance sheet.
- Total HMC debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- HMC profit margin has gone down from 5.4% to 3.9% in the past year.
- HMC has a relatively high debt to equity ratio of 1.47.
You can dive deeper into what analysts are projecting on the Honda Motor Co stock forecast page.
HMC Technicals
HMC Growth Numbers
Last year, HMC earnings were $5.86B. During the last five year, HMC's earnings have grown by 8.32% per year. This was slower than the Auto Manufacturers industry average of 44.78%.
Last year, HMC revenue was $151.99B. In the last five year, HMC's revenue has increased by 0.98% per year. This was slower than the Auto Manufacturers industry average of 28.45%.
Dig into HMC's earnings and revenue performance here.
What are HMC executives and large shareholders up to?
In the last 12 months, insiders at HMC have not bought or sold any shares.
Get more info about who owns HMC stock here.
Does HMC stock generate passive income?
No, Honda Motor Co doesn't provide an income stream by paying out dividends.
What others are saying about HMC
One of the primary reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Place your HMC buy order
There are two main order types:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are mostly the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact dollar amount limit, place a limit order.
Hit the Open Trade button and your broker will execute the order.
If you require additional help buying stocks on eToro, watch the helpful video below:
Step 6: Watch your investment in HMC
Now that you own some HMC stock, you'll want to stay up-to-date on your new investment.
Add HMC to a watchlist to get notified of the latest news about your HMC stock.
HMC Feed
How to Buy Stock in Honda Motor Co
To reiterate, here are the 6 steps to buy stock in Honda Motor Co:
- Choose where to buy Honda Motor Co stock
- Create your brokerage account
- Deposit funds into your investment account
- Evaluate Honda Motor Co stock
- Place your HMC buy order
- Watch your investment in HMC
If you are looking for a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you want to keep tabs on your investment in Honda Motor Co, click the button below.
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