- LY Corp has increased its full-year dividend forecast to 7.00 yen, up from the previously projected 5.56 yen. The market estimate was 5.57 yen.
- For the third quarter, LY Corp’s operating income reached 82.11 billion yen, surpassing the market estimate of 70.45 billion yen.
- The company reported a net income of 40.42 billion yen, which exceeded the estimate of 38.51 billion yen.
- Net sales for the third quarter were 503.47 billion yen, slightly above the estimated 502.5 billion yen.
- In terms of market recommendations, there are 13 buy ratings, 2 hold ratings, and 1 sell rating on LY Corp’s stock.
LY on Smartkarma
Analyst coverage on Smartkarma has recently focused on companies like “LY”. Michael Causton, a top independent analyst, published a research report titled “Yahoo Shopping up and Rakuten Ichiba Down.” The report discusses the resurgence of Yahoo Shopping due to loyalty point programs, while Rakuten faces setbacks. Both companies aim for growth through cross-use and category expansion. Yahoo Shopping has bounced back with the help of marketing strategies involving loyalty point programmes. Additionally, a new tie-up between Rakuten and Nihon L’Oreal is expected to drive further gains for both companies.
A look at LY Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 2 | |
| Growth | 3 | |
| 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
LY Corporation, the company behind the internet search engine “Yahoo! JAPAN”, holds a positive long-term outlook based on Smartkarma Smart Scores. With a strong Momentum score of 5, indicating excellent performance in this area, LY shows potential for sustained growth and market momentum. This is complemented by a solid Value score of 4, reflecting the company’s attractive valuation metrics. Moreover, LY demonstrates a moderate Growth score of 3, highlighting its potential for expansion in the future. While the Dividend score is lower at 2, LY’s overall outlook remains optimistic given its resilience score of 3, indicating a stable and reliable performance even in challenging times.
LY Corporation’s positioning in the market as the operator of “Yahoo! JAPAN” alongside its diverse range of services, including electronic commerce, finance, and media offerings, underscores its strategic advantage. The Smartkarma Smart Scores provide a comprehensive assessment of LY’s prospects, indicating a balanced outlook across key factors that influence the company’s performance. With a blend of growth potential, market momentum, and value, LY is well-positioned to navigate the competitive landscape and capitalize on emerging opportunities in the internet and digital services sector.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
