- Fujikura has increased its forecast for the fiscal year operating income to 124 billion yen, surpassing the original forecast of 104 billion yen and the estimate of 110.8 billion yen.
- The company expects a net income of 74 billion yen, which is higher than the previous figure of 62 billion yen and exceeds the estimated 69.51 billion yen.
- Fujikura’s net sales forecast is set at 940 billion yen, above the initial forecast of 880 billion yen and the estimate of 898.39 billion yen.
- The dividend is projected at 80 yen, an increase from the prior 67 yen and higher than the anticipated 71.50 yen.
- For the third quarter, Fujikura reported an operating income of 41.13 billion yen, significantly up from 20.67 billion yen year-over-year, and above the estimate of 28.71 billion yen.
- Net income in the third quarter reached 30.35 billion yen, a substantial rise from 10.61 billion yen year-over-year, surpassing the estimate of 21.65 billion yen.
- Third-quarter net sales were 263.45 billion yen, marking a 27% increase year-over-year and exceeding the estimated 229.52 billion yen.
- In terms of market sentiment, there are currently 11 buy recommendations, 2 hold recommendations, and no sell recommendations for Fujikura.
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Fujikura Ltd on Smartkarma
According to analyst coverage on Smartkarma by Brian Freitas, in his report titled “Fujikura (5803 JP): Positioning & Potential Passive Buying,” the sentiment toward Fujikura Ltd is bearish. Freitas mentions that the increased market cap of Fujikura could result in the company being added to passive portfolios by the end of November. Despite larger positioning in the stock compared to its peers, the stock is trading at a premium valuation. There is speculation that Fujikura Ltd might be included in a global index, prompting potential buying activity. The stock’s price surge has led it to trade expensively when compared to its industry peers.
A look at Fujikura Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
Fujikura Ltd, a company specializing in the manufacturing and sale of wires and cables, seems to have a bright long-term outlook based on Smartkarma Smart Scores. With a strong emphasis on growth and momentum, scoring a 5 in both categories, Fujikura appears to be well-positioned to expand its market presence and capitalize on emerging opportunities in the industry. Additionally, a resilience score of 3 suggests that the company has the ability to withstand challenges and adapt to changing market conditions, providing a level of stability.
While Fujikura may not be the top performer in terms of value and dividend scores, both rated at 2, the high marks in growth and momentum imply a potential for future success and innovation within the company. As a manufacturer of optical fiber cables and other telecommunications products, Fujikura Ltd‘s strategic focus on growth and momentum could propel it towards continued success and market leadership in 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.
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