- Murata’s full-year net sales forecast is 1.70 trillion yen, falling short of the 1.75 trillion yen estimate.
- Operating income is forecasted to be 300.00 billion yen, below the estimated 317.74 billion yen.
- Net income is projected at 235.00 billion yen, not meeting the estimated 250.43 billion yen.
- The dividend remains at 54.00 yen, slightly less than the expected 54.63 yen.
- For the third quarter, operating income was 75.99 billion yen, missing the 94.05 billion yen estimate.
- Net income for the same period was 71.00 billion yen, under the projected 77.99 billion yen.
- Net sales in the third quarter were 448.01 billion yen, slightly below the 450.71 billion yen estimate.
- Sales of components reached 264.59 billion yen, just under the expected 265.13 billion yen.
- Capacitor sales hit 213.09 billion yen, close to the 213.3 billion yen estimate.
- Devices and modules net sales were 180.05 billion yen, surpassing the estimate of 179.5 billion yen.
- Sales in Greater China amounted to 219.24 billion yen.
- New orders totaled 449.26 billion yen, with a backlog of 284.42 billion yen.
- There are 21 buy recommendations, 1 hold, and no sell recommendations for Murata’s stock.
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Murata Manufacturing on Smartkarma
Smartkarma, an independent investment research network, has seen a mix of analyst coverage on Murata Manufacturing recently. Sumeet Singh highlighted that despite some faltering placements, Murata Manufacturing (6981 JP) has been holding up. Travis Lundy, on the other hand, expressed bullish sentiment on Murata Mfg’s secondary ABO, expecting a discounted offering to trade well compared to peers due to its low volatility. Additionally, Sumeet Singh noted a placement aiming to raise around US$900m, while Brian Freitas took a bearish stance, warning that the lack of immediate passive buying could lead to further stock weakness.
The various analysts’ views on Murata Manufacturing showcase differing opinions on the company’s performance and market sentiment. From bullish expectations of successful overseas offers to concerns about weak stock momentum and potential downside due to lack of passive buying, the analyst coverage on Smartkarma provides investors with a comprehensive outlook on Murata Manufacturing‘s current positioning and future prospects.
A look at Murata Manufacturing Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 2 | |
| Resilience | 4 | |
| Momentum | 2 | |
| OVERALL SMART SCORE | 2.8 |
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 analysis, Murata Manufacturing Company, Ltd. is positioned favorably for long-term growth and stability in the market. With a strong resilience score of 4, the company demonstrates robustness in navigating market challenges and maintaining its operations efficiently. This resilience factor suggests that Murata Manufacturing has the capacity to weather economic uncertainties and emerge stronger.
Furthermore, while the growth score of 2 indicates moderate growth prospects, the company’s focus on innovation and technological advancements in its ceramic applied electronic components signifies potential for future expansion. Coupled with balanced value and dividend scores of 3 each, Murata Manufacturing presents a balanced investment opportunity for investors seeking a mix of value and income generation. Although momentum scores slightly lower at 2, the overall outlook for Murata Manufacturing appears promising for long-term investors.
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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