- Jarir’s profit for the third quarter surpassed expectations at 374 million riyals, compared to the estimated 354.6 million riyals.
- The company’s revenue amounted to 3.15 billion riyals, slightly below the expected 3.2 billion riyals.
- Operating profit for Jarir stood at 396.4 million riyals, indicating strong operational performance.
- Analyst recommendations include 6 ‘buy’ ratings, 9 ‘hold’ ratings, and 3 ‘sell’ ratings for the company’s stock.
A look at Jarir Marketing Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on Smartkarma Smart Scores, Jarir Marketing Co has a favorable long-term outlook. With a high Dividend score of 4 and strong scores in Growth and Momentum at 4, investors may find the company appealing for potential returns and stability. The company’s Resilience score of 3 also indicates a moderate ability to weather challenges, while the Value score of 2 suggests some room for improvement in terms of stock valuation.
Overall, Jarir Marketing Co, a company that wholesales and retails stationery, school supplies, and more in Saudi Arabia, Qatar, and Abu Dhabi, presents a promising investment opportunity. Despite the average Value score, the strong Dividend, Growth, Resilience, and Momentum scores point to a company with good potential for growth and shareholder returns over the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
