- Hitachi Construction has revised its full-year net income projection to 73.00 billion yen. Previously, it was 83.00 billion yen, while market estimates were 78.46 billion yen.
- The company expects full-year net sales of 1.30 trillion yen, down from 1.38 trillion yen, compared to an estimate of 1.37 trillion yen.
- Despite the changes in financial forecasts, Hitachi Construction maintains its dividend projection at 175.00 yen, below the estimate of 178.89 yen.
- For the first quarter, Hitachi Construction reported a net income of 11.28 billion yen, which fell short of the estimated 14.69 billion yen.
- First-quarter net sales were 306.15 billion yen, missing the market expectation of 314.02 billion yen.
- Analyst consensus on the stock includes 4 buy ratings, 7 hold ratings, and 1 sell rating.
A look at Hitachi Construction Machinery Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Hitachi Construction Machinery Co., Ltd. shows promising prospects for the long term, as indicated by the Smartkarma Smart Scores analysis. With a strong dividend score of 5 and high momentum score of 5, the company seems well-positioned to provide consistent payouts to investors and exhibit positive stock price movement. While the value, growth, and resilience scores are slightly lower, with scores of 3 each, suggesting room for improvement in areas such as stock valuation and business expansion, Hitachi Construction Machinery‘s overall outlook appears favorable.
Hitachi Construction Machinery Co., Ltd., a leading player in the construction machinery industry, develops, manufactures, and sells a wide range of heavy equipment globally. Known for its hydraulic excavators, crawler cranes, wheel loaders, shield machines, and bulldozers, the company, a subsidiary of Hitachi, Ltd., maintains an extensive presence through its international sales offices. With solid scores across key factors like dividends and momentum, Hitachi Construction Machinery seems poised for steady growth and market resilience in the foreseeable future.
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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