- Minebea Mitsumi has revised its full-year operating income forecast to 93 billion yen, down from the previous forecast of 103 billion yen. This is below market expectations of 99.02 billion yen.
- The company now anticipates net income for the fiscal year to be 57 billion yen, which is less than the prior forecast of 66 billion yen and market estimates of 69 billion yen.
- Projected net sales are now set at 1.50 trillion yen, a decrease from the previous outlook of 1.56 trillion yen, and slightly below the market estimate of 1.54 trillion yen.
- The dividend forecast has been slightly increased to 45 yen per share, compared to market expectations of 43.92 yen.
- For the third quarter, Minebea Mitsumi reported an operating income of 26.42 billion yen, up 9.7% year-over-year, but below the estimate of 27.34 billion yen.
- Third-quarter net income rose by 19% year-over-year to 17.61 billion yen, although it did not meet the market estimate of 20.82 billion yen.
- Net sales for the third quarter totaled 369.64 billion yen, a 3% decline from the previous year and lower than the expectation of 393.28 billion yen.
- The stock is well-regarded, with 12 buy ratings, 2 hold ratings, and no sell ratings from analysts.
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A look at Minebea Mitsumi Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 2 | |
Growth | 3 | |
Resilience | 2 | |
Momentum | 2 | |
OVERALL SMART SCORE | 2.4 |
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
Analysts from Smartkarma have assessed Minebea Mitsumi‘s long-term outlook based on several key factors. The company has received an average score across different metrics, indicating a moderate overall outlook. With a decent value score of 3, Minebea Mitsumi is considered to be reasonably priced relative to its industry peers. However, its dividend score of 2 suggests that the company may not be a top choice for income-seeking investors.
In terms of growth potential, Minebea Mitsumi received a score of 3, reflecting optimism for its expansion prospects. On the other hand, with resilience and momentum scores of 2, the company may face challenges in navigating market uncertainties and maintaining consistent performance. Overall, investors may find Minebea Mitsumi to be a stable option with room for growth, although it may not be the most attractive choice in terms of dividends or short-term momentum.
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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