- NEC’s full-year net sales forecast is 3.36 trillion yen, which is below the estimated 3.59 trillion yen.
- The company expects to declare a dividend of 32.00 yen, slightly lower than the estimated 33.07 yen.
- For the fourth quarter, NEC’s operating income stood at 130.33 billion yen, surpassing the estimated 113.55 billion yen.
- NEC reported a net income of 103.63 billion yen for the fourth quarter, exceeding the forecasted 83 billion yen.
- Net sales for the fourth quarter were 1.10 trillion yen, which is above the estimated 1.08 trillion yen.
- Investment analysts’ recommendations include 13 buy ratings, 1 hold rating, and 1 sell rating for NEC.
A look at NEC Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
NEC Corp, a global manufacturer of diverse electronic products, presents a promising long-term outlook based on the Smartkarma Smart Scores analysis. With strong Momentum and Growth scores of 5 and 4 respectively, the company demonstrates impressive performance and potential for expansion. Additionally, a Resilience score of 3 suggests a sturdy position in the market, capable of navigating challenges effectively. While Value and Dividend scores stand at 2 each, indicating room for improvement, NEC’s overall outlook appears optimistic, driven by robust momentum and growth prospects.
Specializing in computers, telecommunication equipment, and software, NEC Corporation shows a mixed performance across various factors as reflected in the Smartkarma scores. Despite moderate ratings in Value and Dividend at 2 each, the company shines with a high Momentum score of 5, underpinning its strong market position and growth potential. With a score of 4 for Growth and 3 for Resilience, NEC seems well-positioned for sustained development and resilience in the face of market uncertainties. Operating globally, NEC Corp stands out for its diverse product range and strong performance indicators, setting a positive trajectory for its long-term prospects.
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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