- Solutions by STC’s first-quarter profit was 361 million riyals, falling short of the estimated 376 million riyals.
- The company’s revenue for the quarter was 2.82 billion riyals, which did not meet the estimate of 3.09 billion riyals.
- Operating profit stood at 371 million riyals, below the projected 417 million riyals.
- Market opinions on the company include 9 buy ratings, 7 hold ratings, and 1 sell rating.
A look at Arabian Internet & Communica Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.6 |
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
Arabian Internet & Communications Services Company, known as Solutions by STC, is set to have a promising long-term outlook, as indicated by the Smartkarma Smart Scores. With a solid score in Growth and Resilience, the company is showing strong potential for expansion and the ability to weather market challenges. Additionally, a high score in Momentum suggests that the company is on a positive trajectory in the market, reflecting investor interest and confidence in its future prospects.
Despite scoring slightly lower in the Value and Dividend categories, Arabian Internet & Communications still presents a compelling investment opportunity. With a focus on information technology services, including cybersecurity, cloud solutions, and digital connectivity, the company caters to both public and private sectors in Saudi Arabia. Overall, the combination of its diverse service offerings and favorable Smart Scores positions Arabian Internet & Communications for continued growth and success in the evolving tech landscape.
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.
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