Category

Smartkarma Newswire

Discover Financial Services (DFS) Earnings: August Charge-Offs Rise to 5.22% Amid Increased Delinquencies

By | Earnings Alerts
  • Discover Financial’s charge-off rate for August increased to 5.22% from 4.16% year over year.
  • Delinquencies also rose, reaching 3.79% compared to 3.15% a year earlier.
  • Total card loans remained stable at $96.9 billion, unchanged from the prior year.
  • Analyst recommendations included: 5 buy ratings, 13 hold ratings, and 1 sell rating.

Discover Financial Services on Smartkarma



Analysts on Smartkarma, such as those from Value Investors Club, are closely following Discover Financial Services (DFS). In a recent research report titled “Discover Financial Services (DFS) – Monday, Apr 29, 2024,” the analysts highlighted DFS as a successful business with strong financial performance. They noted DFS’s ownership of the Discover Network and the Pulse debit card scheme in the US, focusing on prime customers and maintaining a high-quality deposit base. The report also mentioned DFS’s resilience during economic challenges, remaining profitable.

The Value Investors Club report further discussed a potential merger announcement with Capital One Financial Corp., which could significantly impact the financial services industry. Analysts indicated that DFS might be acquired at a premium to its undisturbed price, potentially reshaping the sector. This insightful analysis provides investors with valuable information on DFS’s position in the market and potential future developments based on publicly available sources.



A look at Discover Financial Services Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.0

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

Discover Financial Services, a prominent credit card issuer and electronic payment services company, receives consistent ratings across multiple key factors according to Smartkarma Smart Scores. With a balanced score of 3 in Value, Dividend, Growth, Resilience, and Momentum, Discover Financial Services demonstrates stability and potential across various aspects. This indicates a moderate but steady performance in the long term, reflecting a company with a solid foundation and a strategic outlook.

Overall, Discover Financial Services is positioned neutrally in terms of its financial performance and growth prospects. As a credit card issuer offering student and personal loans, savings products, and an extensive ATM/debit network, the company’s consistent scores suggest a reliable and resilient operation in the financial sector. While not excelling in any particular area, Discover Financial Services maintains a steady trajectory that investors may find appealing for its balanced approach towards value, growth, dividends, resilience, and momentum.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Progressive Corp (PGR) Earnings: August Net Premiums Earned Reach $5.97B

By | Earnings Alerts
  • Net Premiums Earned: Progressive earned $5.97 billion in net premiums in August.
  • Net Premiums Written: They wrote net premiums worth $6.51 billion during the same period.
  • Analyst Opinions: Progressive has received 16 buy recommendations, 7 hold recommendations, and 1 sell recommendation.

Progressive Corp on Smartkarma

Analysts at Baptista Research on Smartkarma are bullish on Progressive Corp, citing the company’s strategic focus and market growth initiatives. In their report titled “The Progressive Corporation: A Tale Of Geographic Expansion and Market Penetration!” the research highlights the recent investor event where Progressive emphasized consolidating market presence and enhancing the customer experience. With a focus on direct acquisition channels and media optimization, analysts like Personal Lines President Pat Callahan and media business leader Jay VanAntwerp aim to position Progressive as a top insurance provider. Baptista Research employs a Discounted Cash Flow (DCF) methodology to evaluate the company’s future price potential.

In another report by Baptista Research, titled “The Progressive Corporation: Leveraging Technology for Competitive Pricing!”, analysts commend Progressive Corp for its strong first-quarter results in 2024. Noteworthy achievements include an 18% increase in net premiums written and an impressive combined ratio of 86.1%, reflecting the company’s growth and strategic rate revision approach. This performance underscores Progressive’s commitment to core values and effective risk management strategies. The positive sentiments expressed by Baptista Research analysts indicate optimism for Progressive Corp‘s future growth trajectory and competitive positioning.


A look at Progressive Corp Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.2

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

When evaluating the long-term outlook for Progressive Corp, an insurance holding company in the United States, Smartkarma’s Smart Scores provide valuable insights. With a strong focus on growth and momentum, Progressive Corp received high scores in both these areas. This signifies that the company is well-positioned for expansion and has positive market momentum driving its performance forward. Additionally, Progressive Corp demonstrates resilience, crucial for weathering market turbulence, with a moderate score in this aspect. However, the company ranks lower in terms of value and dividend payouts, indicating potential areas for improvement in providing value for investors and returning profits to shareholders.

Overall, Progressive Corp‘s Smart Scores reveal a mixed outlook for investors. While the company shows great potential for growth and boasts strong market momentum, there is room for enhancement in terms of value and dividend offerings. As Progressive Corp continues to provide personal and commercial automobile insurance services across the US, focusing on improving value propositions and dividend payouts could further solidify its position in the market and attract more investors seeking stable long-term returns.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

People’s Insurance (PICC) (1339) Earnings: Aug. YTD P&C Insurance Premium Income Hits 382.15B Yuan

By | Earnings Alerts
  • PICC Group’s year-to-date (YTD) property and casualty (P&C) insurance premium income stands at 382.15 billion yuan as of August.
  • The YTD life insurance premium income for the group is 92.28 billion yuan.
  • Analyst ratings for PICC Group include 14 buy recommendations.
  • There are 5 hold recommendations and no sell recommendations for PICC Group.

People’s Insurance (PICC) on Smartkarma



Analyst coverage of People’s Insurance (PICC) on Smartkarma reveals positive sentiment from David Blennerhassett in his report titled “StubWorld: Stay Long PICC (1339 HK)“. Blennerhassett highlights that PICC has recently rebounded from its lifetime low implied stub and simple ratio, indicating a bullish outlook. Despite this recovery, PICC still trades below its historical trailing/forward metrics, offering potential upside for investors.

In addition to the positive assessment of PICC’s current performance, Blennerhassett provides valuable insights into the company’s positioning within the Asia-Pacific Holdcos. These relationships, characterized by a minimum liquidity threshold and specific market capitalization criteria, serve as a backdrop for understanding PICC’s strategic position in the market. Overall, the analyst coverage on Smartkarma underscores the potential opportunities presented by PICC for investors seeking to capitalize on its growth prospects.



A look at People’s Insurance (PICC) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.4

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 the Smartkarma Smart Scores, People’s Insurance (PICC) is positioned well for long-term growth and stability. With top scores in Value and Dividend, the company appears to be an attractive investment option for those seeking consistent returns and solid financial health. Additionally, the high Momentum score indicates that the company is likely to maintain its positive performance in the future. While the Growth and Resilience scores are slightly lower, they still reflect positive aspects of the company’s outlook.

The People’s Insurance Company (PICC) of China Limited, known for offering a range of property and casualty insurance products, is backed by strong fundamentals as indicated by its high Smart Scores. In addition to its core insurance offerings, the company provides asset management services to a diverse customer base across China. With a balanced mix of strong value, dividends, and growth potential, PICC shows promise for investors looking for a dependable long-term investment in the insurance sector.



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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

China Southern Airlines (1055) Earnings Soar: August Passenger Traffic Up 20.7%

By | Earnings Alerts
  • China Southern Airlines saw a 20.7% increase in passenger traffic in August 2024.
  • Passenger load factor improved to 87.2%, up from 80.9% year over year.
  • Analyst recommendations include 9 buys, 6 holds, and 0 sells.
  • These improvements are based on comparisons to past results reported by the company.

A look at China Southern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

China Southern Airlines‘ long-term outlook appears promising with a strong emphasis on growth and value. The company has received a high score of 5 for growth, indicating a positive trajectory for expanding its operations in the future. Additionally, a value score of 4 suggests that the company is perceived as undervalued relative to its market price, potentially offering investors an attractive opportunity. With momentum and resilience scores of 4 and 2 respectively, China Southern Airlines is showing steady performance and a capacity to withstand market challenges.

China Southern Airlines Company Limited, known for providing commercial airline services across various regions, also offers ancillary services such as aircraft maintenance and air catering. While the company may not be as strong in terms of dividend offerings, its focus on growth underscored by the high score in that category indicates a strategic direction towards expanding its market presence in the aviation industry.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Air China Ltd (A) (601111) Earnings: August Passenger Traffic Soars by 21.7%, Load Factor Improves

By | Earnings Alerts
  • Passenger traffic for Air China increased by 21.7% in August.
  • The passenger load factor reached 82.9%, up from 80.2% month-over-month.
  • Analyst recommendations for Air China include:
    • 13 buy ratings
    • 3 hold ratings
    • 2 sell ratings

A look at Air China Ltd (A) Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE2.6

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, Air China Ltd (A) shows promising signs in terms of growth and momentum, scoring 5 and 3, respectively. This indicates a strong potential for expansion and positive market performance in the future. However, the company lags behind in terms of value, dividend, and resilience with scores of 2, 1, and 2, respectively. This suggests that investors may need to carefully consider these factors before making investment decisions.

Air China Limited, operating in the airline industry, provides a range of passenger, cargo, and airline-related services primarily in China. With its headquarters in Beijing, the company serves as a significant hub for both domestic and international air transportation. Additionally, Air China offers services such as aircraft maintenance, ground services, and in-flight catering. Keeping in mind the Smartkarma Smart Scores, particularly focusing on the company’s strengths in growth and momentum, investors may find Air China Ltd (A) an interesting prospect for long-term investment.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

China Shenhua Energy Co H (1088) Earnings: August Coal Sales Volume Rises 4.7%

By | Earnings Alerts
  • China Shenhua’s coal sales volume increased by 4.7% in August.
  • Total coal sales volume for August was 38.7 million tons.
  • Analysts’ recommendations for China Shenhua: 12 buys, 3 holds, and 1 sell.

A look at China Shenhua Energy Co H Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE4.2

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

China Shenhua Energy Company Limited, a leading player in the coal and power industries in China, demonstrates a promising long-term outlook according to Smartkarma Smart Scores. With solid scores across various factors including Value, Dividend, Growth, Resilience, and Momentum, the company appears well-positioned for future success. The company’s focus on coal and power, coupled with its integrated coal transportation network, adds to its strength in the market.

In particular, China Shenhua Energy Co H stands out with high scores in Dividends and Resilience, indicating a strong payout to investors and stability in the face of market challenges. Additionally, its noteworthy scores in Value, Growth, and Momentum suggest potential for further growth and value appreciation in the long run. Overall, based on the Smartkarma Smart Scores, China Shenhua Energy Co H presents a positive outlook for investors seeking a reliable and growing energy company in China.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

China Eastern Airlines (670) Earnings: August Passenger Traffic Surges 28.8%, Load Factor Hits 86.7%

By | Earnings Alerts
  • Passenger Traffic Increase: China Eastern Airlines saw a 28.8% rise in passenger traffic in August 2024.
  • High Load Factor: The passenger load factor for the airline reached 86.7% for the month.
  • Analyst Recommendations: There are currently 10 buy recommendations, 3 hold recommendations, and 3 sell recommendations for China Eastern Airlines‘ stock.

A look at China Eastern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.0

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

China Eastern Airlines Corporation Limited, a key player in the civil aviation industry, is positioned for promising long-term growth according to Smartkarma Smart Scores. While showing strong potential for growth with a score of 5 in this aspect, the company also excels in terms of value, scoring a solid 4. This suggests that China Eastern Airlines is trading at an attractive valuation relative to its fundamentals. However, its resilience score of 2 implies that there may be some areas of vulnerability that could impact its future performance. In terms of momentum, the airline holds a score of 3, indicating a moderate level of market momentum.

Looking ahead, investors interested in China Eastern Airlines should consider its strong growth prospects and favorable valuation, as indicated by its high scores in these areas. Although the company’s low dividend score of 1 may deter income-focused investors, its overall outlook remains positive. By capitalizing on its growth potential and addressing any resilience issues, China Eastern Airlines could solidify its position in the aviation industry and create value for shareholders in the long run.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Ping An Insurance (H) (2318) Earnings: YTD Life Premium Income Hits 384.63B Yuan

By | Earnings Alerts
  • Ping An Insurance’s Year-To-Date (YTD) Life Premium Income: 384.63 billion yuan
  • YTD Property & Casualty Insurance Premium Income for Ping An Insurance: 211 billion yuan
  • Analyst Ratings: 25 buy recommendations, 1 hold, and no sell recommendations

A look at Ping An Insurance (H) Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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 the Smartkarma Smart Scores, Ping An Insurance (H) shows a promising long-term outlook. With top scores in Value and Dividend factors, the company demonstrates strong fundamentals and a commitment to rewarding shareholders. Additionally, its high Momentum score suggests a positive trend in the market. Although Growth and Resilience scores are not as high, the overall outlook remains optimistic for investors looking for stability and income.

Ping An Insurance (H), a leading provider of insurance services in China, has been rated highly in key aspects by Smartkarma Smart Scores. The company excels in value, dividends, and market momentum, indicating a solid foundation and potential for sustained growth. Despite lower scores in growth and resilience, Ping An Insurance’s diversified portfolio and financial services further bolster its position in the market, offering investors a well-rounded opportunity for long-term investment.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

China Resources Power (836) Earnings Surge with 10% Increase in Power Generation in August

By | Earnings Alerts
  • China’s Power Generation Increase: Power generation in China saw a significant increase of 10% in August 2024.
  • Wind Power Surge: Wind power generation experienced an impressive rise of 15.2% during the same period.
  • Investment Insights: There were 26 buy recommendations, 2 hold recommendations, and 1 sell recommendation for related stocks.

A look at China Resources Power Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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

China Resources Power Holdings Company Limited, a prominent power generation firm in China, has experienced a positive overall outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and momentum, the company excels in these areas, scoring a 5 out of 5 for both factors. This indicates a robust potential for expansion and a favorable market momentum in the foreseeable future.

Although China Resources Power lags behind in resilience and value, scoring a 2 and 3 respectively, its steady dividend score of 3 provides investors with a stable income stream. Overall, the company’s focus on growth and momentum showcases a promising long-term future, aligning with its core operations of investing, developing, owning, and operating coal-fired power plants in China.

Summary: China Resources Power Holdings Company Limited is a major player in the power generation industry, specializing in the investment, development, ownership, and operation of coal-fired power plants in China. With a strong emphasis on growth and momentum, the company demonstrates a positive long-term outlook according to its Smartkarma Smart Scores.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars

Kesko OYJ (KESKOB) Earnings: August Sales Drop 3.9% Amid Mixed Division Performance

By | Earnings Alerts
  • Kesko’s comparable sales in August 2024 decreased by 3.9%.
  • Total sales from continuing operations amounted to €1.07 billion.
  • Overall sales fell by 0.7% in August.
  • There was a decline in sales in the grocery trade and car trade divisions.
  • Sales in the building and home improvement trade increased due to the acquisition of Davidsen.
  • Closure of K-Rauta stores impacted sales performance in Sweden.
  • Analyst recommendations for Kesko stock include 4 buys, 6 holds, and 1 sell.

A look at Kesko OYJ Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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

Analysts are optimistic about the long-term outlook for Kesko OYJ, a company that operates wholesale and retail stores. With a strong overall performance in key areas, including a high score for momentum, Kesko OYJ is positioned well for future growth and success. The company’s scores for dividend and growth also indicate positive prospects for investors looking for stable returns and potential expansion. However, there are some concerns about resilience, which could impact the company’s ability to withstand market challenges. Overall, Kesko OYJ‘s Smartkarma Smart Scores paint a favorable picture of its future potential.

Kesko OYJ‘s smart scores highlight its strengths in key areas such as dividend and growth, indicating a positive outlook for the company’s future performance. With a robust momentum score, Kesko OYJ is showing strong upward trends, which bodes well for its continued success. While there are some areas, like resilience, that could be improved, the overall assessment of Kesko OYJ‘s smart scores suggests a promising investment opportunity for those looking to gain from a company with a solid foundation in the trading sector.


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.


 

πŸ’‘ 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

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars