- Meiji HDS reported a decline in 3rd quarter operating income to 22.06 billion yen, down 13% year-over-year, falling short of the estimated 25.97 billion yen.
- The company achieved a net income of 16.76 billion yen, a slight decrease of 1.6% from the previous year, but still exceeding the estimate of 15.65 billion yen.
- Net sales rose by 6.6% year-over-year to 306.02 billion yen, surpassing the market expectation of 298.74 billion yen.
- For the full year, Meiji HDS maintains its forecast for operating income at 86.00 billion yen, closely aligning with the market estimate of 85.39 billion yen.
- The company also continues to project a net income of 50.00 billion yen for the year, slightly below the estimate of 50.04 billion yen.
- Meiji HDS anticipates total net sales of 1.16 trillion yen, marginally higher than the projected 1.15 trillion yen.
- The company plans to maintain a dividend of 100.00 yen, in line with market expectations.
- Analyst ratings include 1 buy, 7 holds, and 1 sell recommendation for Meiji HDS stock.
A look at Hyundai Dept Store Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
Hyundai Dept Store Co, which operates department stores across the nation, is showing a promising long-term outlook based on its Smartkarma Smart Scores. With a top-notch Value score of 5, the company demonstrates strong fundamentals and is considered attractive in terms of investment value. Additionally, its solid Dividend score of 4 indicates a good potential for providing stable returns to investors over time. Despite scoring lower in Growth and Resilience at 2 and 3 respectively, Hyundai Dept Store Co is backed by a Momentum score of 4, suggesting positive market trends and investor confidence in the company’s future prospects.
In summary, Hyundai Dept Store Co is positioned favorably for long-term success, supported by its strong value proposition and consistent dividend performance. While facing some challenges in growth and resilience, the company’s positive momentum bodes well for its future development and potential returns for investors.
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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