- Bakkafrost reports an operating EBIT of DKK 505 million in Q1, exceeding the estimated DKK 491.4 million.
- The company harvested a total of 25,200 metric tons.
- Scotland farming’s harvested volume was 6,286 tgw, slightly below the estimate of 6,511.
- Farming on the Faroe Islands resulted in a harvest of 18,914 tgw, surpassing the estimate of 17,975.
- The current analyst recommendations are 9 buys, 2 holds, and 1 sell.
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A look at Bakkafrost P/F Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 3.0 |
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, Bakkafrost P/F has a positive long-term outlook. With a high Value score of 4, the company is deemed to be undervalued compared to its peers. The Dividend score of 3 indicates a moderate dividend payment potential, which can be attractive to income-focused investors. In terms of Growth and Resilience, Bakkafrost scores a 3, suggesting a stable growth trajectory and resilience against market fluctuations. However, the Momentum score of 2 indicates a lower short-term price performance compared to other factors. Overall, the outlook for Bakkafrost P/F appears solid across key metrics.
Bakkafrost P/F, a fish farming company, operates processing facilities to supply a variety of salmon products to different markets. The company offers fresh salmon to the fresh fish market, smokehouses, and processors of ready meals. Additionally, Bakkafrost provides frozen salmon portions in vacuum-packed catering boxes or retail boxes. With a focus on salmon products, Bakkafrost P/F plays a significant role in the seafood industry, supported by positive Smartkarma Smart Scores indicating a promising future outlook.
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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