- Net Sales Outlook: Mitsubishi Electric increased its forecast for fiscal year net sales to 5.40 trillion yen, close to market estimates of 5.41 trillion yen.
- Operating Income Projection: The company maintained its operating income outlook at 400.00 billion yen, slightly below the market’s expected 404.26 billion yen.
- Net Income Expectation: Mitsubishi Electric anticipates a net income of 315.00 billion yen, aligning well with the market estimate of 314.98 billion yen.
- Dividend Forecast: The company continues to foresee a dividend of 50.00 yen per share, which is lower than the estimated 52.69 yen.
- Third Quarter Operating Income: The company reported operating income of 126.87 billion yen, surpassing the market estimate of 108.23 billion yen.
- Third Quarter Net Income: Mitsubishi Electric recorded a third-quarter net income of 129.45 billion yen, significantly higher than the estimated 83.4 billion yen.
- Third Quarter Net Sales: Net sales for the third quarter were 1.36 trillion yen, exceeding the expected 1.27 trillion yen.
- Stock Recommendations: Analysts’ ratings for Mitsubishi Electric include 14 buy recommendations, 6 holds, and 2 sells.
A look at Mitsubishi Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| 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
Based on the Smartkarma Smart Scores, Mitsubishi Electric is showing a positive long-term outlook. With balanced scores across various factors such as value, dividend, growth, and resilience all scoring a 3, it indicates stability and potential for growth in the future. Additionally, the high momentum score of 5 suggests strong upward movement in the company’s performance.
Mitsubishi Electric Corporation, known for developing, manufacturing, and marketing electronic equipment including industrial machinery, heavy electric machinery, data communications systems, electronic devices, and consumer electronics, seems well-positioned for continued success based on the Smart Scores provided. The overall outlook appears favorable, reflecting a company with solid fundamentals and positive momentum in the market.
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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