- Makita has increased its full-year operating income forecast to 95.00 billion yen, up from the previous forecast of 74.00 billion yen, and surpassing the estimate of 94.8 billion yen.
- The company forecasts a net income of 68.50 billion yen, an increase from the previously viewed 54.00 billion yen, although this is slightly below the estimate of 69.37 billion yen.
- Makita expects net sales to reach 730.00 billion yen, an improvement over the initially projected 700.00 billion yen, but lower than the 743.24 billion yen estimate.
- In the second quarter, Makita reported an operating income of 25.43 billion yen, which is a 15% decline year-over-year. However, this exceeded the estimate of 24.6 billion yen.
- Second-quarter net sales were 191.81 billion yen, representing a minor 0.4% decrease year-over-year yet surpassing the estimate of 187.12 billion yen.
- Makita’s net income for the second quarter was 19.52 billion yen, a 12% drop year-over-year, falling short of the estimate of 21.82 billion yen.
- Market sentiment includes 8 buy ratings, 7 hold ratings, and no sell ratings for Makita’s stock.
- All comparisons are made using data from the company’s original disclosures.
A look at Makita Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 4 | |
| 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
Based on Smartkarma Smart Scores, Makita Corp shows a promising long-term outlook. With strong scores in Growth, Resilience, and Momentum, the company appears to be well-positioned for future success. The Growth score of 4 signifies a positive trajectory in terms of expanding its business and market share. Additionally, the Resilience and Momentum scores of 4 suggest that Makita Corp has the ability to weather economic downturns and maintain investor interest, indicating stability and potential for growth.
Makita Corporation, known for manufacturing a variety of electric power tools and related products, seems to have a sound foundation for sustaining growth and weathering market fluctuations. With balanced scores across Value, Dividend, Growth, Resilience, and Momentum, Makita Corp is anticipated to continue its strong performance in the foreseeable future. Overall, the company’s outlook appears favorable, reflecting its capabilities in innovation, market presence, and resilience 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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