- Keyence’s operating income for the third quarter was 133.07 billion yen, marking a 9.2% increase from the previous year and closely meeting the estimate of 132.36 billion yen.
- Net income reached 102.05 billion yen, which is a 17% increase year-over-year, surpassing the projected 97.18 billion yen.
- Net sales were recorded at 259.64 billion yen, reflecting a 7.7% increase compared to the same period last year, slightly below the estimate of 260.14 billion yen.
- The company’s cash and deposits stood at 513.40 billion yen.
- Inventories were reported to be at 82.34 billion yen.
- Keyence maintained its year forecast, expecting a dividend of 350.00 yen, exceeding the estimated 345.00 yen.
- The stock received strong analyst recommendations with 17 buy ratings and 3 holds, and no sell ratings.
A look at Keyence Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| 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
Keyence Corp, a company specializing in sensors and measuring instruments for factory automation and high-tech hobby products, shows a promising long-term outlook according to Smartkarma Smart Scores. With strong scores in Growth and Resilience, the company is positioned for continued expansion and durability in the market. A Growth score of 4 indicates a positive trajectory for Keyence Corp‘s future development and innovation. Additionally, a Resilience score of 4 signifies the company’s ability to withstand market fluctuations and challenges.
While Keyence Corp‘s Value and Dividend scores sit at 2, indicating room for improvement in these areas, the company’s Momentum score of 3 suggests steady forward momentum. Overall, Keyence Corp‘s strategic focus on technological advancements and robust products places it in a favorable position for long-term success in the industry.
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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