Hitachi Stock News

Hitachi, Ltd. (OTCPK:HTHIY) Q2 2024 Earnings Call October 30, 2024 3:30 AM ET Company Participants Tomomi Kato - Senior Vice President and Executive Officer, Chief Financial Officer Andreas Schierenbeck - Senior Vice President and Executive Officer, Chief Executive Officer, Power Grids, Chief Executive Officer, Hitachi Energy Limited Masao Yoshikawa - Corporate Officer, Executive General Manage...

Hitachi is rated as a Buy, considering the valuation re-rating potential associated with ROIC improvement. The company aims to grow NOPAT by expanding its high operating margin Lumada business and reducing operating costs with the help of AI. Hitachi intends to shrink its invested capital base by divesting businesses or assets which boast low ROICs.

Hitachi, Ltd. (HTHIY) Q1 2024 Earnings Call Transcript

Investors may want to keep an eye on smart dust stocks. No bigger than a grain of sand, smart dust is made up of tiny microelectromechanical systems (MEMS).

Investors have not been getting enough of stock splits in 2024. Of course, a stock split does not change anything fundamentally about a business or the value a shareholder gains from a split, but it does signal how a company is doing.

Hitachi's valuation is around fair, taking a blended multiple approach for the main secular drivers of the business. Growth is quite assured, and the profile of the business has been inorganically improving. Particular secular strength should come from high voltage products. However, with the value not being clearly better than fair, we think Hitachi signals that the time to rotate into a small...

Microsoft has announced a multi-billion-dollar AI-focused partnership with Japan's Hitachi. The collaboration is designed to use generative artificial intelligence (AI) to fuel the growth of Hitachi's business software and services business Lumada, particularly in “social infrastructure” areas like energy and mobility, per a Monday (June 3) news release.

Microsoft (MSFT) and Japanese conglomerate Hitachi on Tuesday announced a multibillion-dollar partnership spanning three years focused on accelerating the adoption of generative artificial intelligence (GenAI).