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 $34.41, down 0.49% from the previous day, and has increased 31.59% in one year. It has overperformed other stocks in the Auto Manufacturers industry by 1.02 percentage points. Honda Motor Co stock is currently +33.58% from its 52-week low of $25.76, and -9.21% from its 52-week high of $37.90.
There are currently 4.87B shares of HMC outstanding. The market value of HMC is $55.77B. In the past 24 hours, 603,376 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 pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you figure out where to buy Honda Motor Co stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Deposit funds into your investment account: Pick your payment method and add your details.
- 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 market research website can help you decide 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 buy HMC stock at a given price.
- Watch your investment in HMC: Create a watchlist to get the latest news on your new investment in Honda Motor Co stock.
Step 1: Choose where to buy Honda Motor Co stock
You need a brokerage account in order to access the NYSE market and buy HMC stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal info so you can invest in HMC stock today.
How to Start a New Investment 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.
- Enter your personal details to create a new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Deposit funds into your investment account
Now that you have opened your account on a mobile trading app, your next step is to transfer the money for your investment:
Check out the walkthrough below if you need help depositing money into your investment account.
Step 4: Evaluate Honda Motor Co stock
Once you have identified the best place to buy Honda Motor Co stock, it's crucial to evaluate their stock before you invest, so you actually comprehend the risk and opportunity.
Honda Motor Co stock data
Fundamentals of HMC
WallStreetZen was designed to help everyday investors do better fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on HMC's stock page.
Is HMC stock undervalued?
You can use many financial metrics, analyses, models, and charts to gauge HMC's fair value.
Using relative valuations metrics:
- HMC may be undervalued based on its P/E ratio of 9.04x, relative to Auto Manufacturers industry P/E ratio of 24.59x
- HMC could be undervalued based on its P/B ratio of 0.7x, relative to Auto Manufacturers industry P/B ratio of 2.11x
- HMC may be overvalued based on its PEG ratio of 1.68x
You can access more valuation analysis on HMC's stock here.
HMC Financial Overview
Positive Health Checks:
- There are more short-term assets than long-term liabilities on the HMC balance sheet.
- HMC earnings of $8.37B is not enough to cover its interest payments.
- HMC profit margin has gone up from 4.3% to 4.8% in the past year.
- There are more short-term assets than short-term liabilities on the HMC balance sheet.
- Total HMC debt is lower than 5 years ago, relative to shareholder equity.
Negative Health Checks:
- HMC's operating cash flow of $5.58B allows it to safely service it's debt of $64.97B.
- HMC has a relatively high debt to equity ratio of 1.25.
You can dig deeper into what analysts are saying on the Honda Motor Co stock forecast page.
HMC Technical Indicators
Is HMC Growing Revenue?
Last year, HMC earnings were $6.24B. During the last five year, HMC's earnings have increased by 1.37% per year. This was slower than the Auto Manufacturers industry average of 95.54%.
Last year, HMC revenue was $128.97B. In the past five year, HMC's revenue has gone up by -0.93% per year. This was slower than the Auto Manufacturers industry average of 35.74%.
You can analyze HMC's earnings and revenue performance here.
Latest Insiders Trades at HMC
In the past year, insiders at HMC have not bought or sold any shares.
Learn more about who owns HMC shares 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 reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to find out what other community members have to say.
Step 5: Place your HMC buy order
There are two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are generally the easiest way to buy. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you require more info about buying stocks on eToro, click the helpful video below:
Step 6: Watch your investment in HMC
Now that you own some HMC shares, you'll want to keep up with your new investment.
Create a watchlist to get notified of the latest news about your HMC stock.
HMC Feed
How to Buy Stock in Honda Motor Co
To summarize, here are the 6 steps for buying Honda Motor Co stock:
- 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 require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to watch your new investment in Honda Motor Co, add HMC to your watchlist by clicking the button below.
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