- Konecranes reported second-quarter net sales of 1.05 billion euros, surpassing the estimated 1.02 billion euros.
- Earnings per share (EPS) reached 1.27 euros, exceeding the forecasted 1.10 euros.
- Konecranes’ shares increased by 5.5%, trading at 74.45 euros.
- A total of 53,826 shares were traded.
- Analyst recommendations include six buy ratings, three hold ratings, and no sell ratings.
A look at Konecranes OYJ Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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, Konecranes OYJ shows a positive long-term outlook with high scores in Growth and Momentum. The company scored a 5 in Growth, indicating strong potential for expansion and development in the future. Additionally, Konecranes OYJ received a 5 in Momentum, suggesting a strong upward trend in the performance of the company. These scores indicate that Konecranes OYJ is well-positioned for sustained growth and market activity.
In terms of Value and Dividend, Konecranes OYJ received scores of 3, indicating moderate performance in these areas. However, with a Resilience score of 4, the company demonstrates a stable ability to withstand economic challenges. Overall, Konecranes OYJ, a company specializing in overhead lifting equipment and maintenance services, shows promising prospects for long-term growth and market resilience.
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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