- Niterra Co Ltd increased its full-year dividend forecast to 186.00 yen, surpassing the previous forecast of 182.00 yen and the market estimate of 184.78 yen.
- The company maintained its full-year operating income outlook at 130.00 billion yen, which is below the market estimate of 134.66 billion yen.
- Net income for the full year remains forecasted at 90.00 billion yen, falling short of the market estimate of 95.93 billion yen.
- Expected net sales for the full year are 688.00 billion yen, slightly under the market estimate of 694.36 billion yen.
- In the second quarter, operating income increased by 15% year-on-year to 38.15 billion yen, exceeding the estimate of 33.43 billion yen.
- Second-quarter net income rose by 32% year-on-year, reaching 29.72 billion yen, topping the estimate of 22.84 billion yen.
- Net sales for the second quarter grew by 14% year-on-year to 181.24 billion yen, above the estimate of 172.03 billion yen.
- Analyst ratings include 5 “buy” recommendations and 6 “hold” recommendations, with no “sell” recommendations.
A look at Ngk Spark Plug Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
“`html
NGK Spark Plug Co., Ltd., known for its manufacturing of spark plugs and ceramic products, has garnered positive Smartkarma Smart Scores. With a strong momentum score of 5, the company shows promising growth potential in the long term. This is further supported by solid scores in areas such as dividend, growth, and resilience, all ranging between 4 and 3.
Having subsidiaries across key markets like the US, Canada, and Europe, NGK Spark Plug is well-positioned to capitalize on its strengths and maintain its competitive edge. Investors looking for a company poised for growth and stability might find NGK Spark Plug a compelling choice based on its favorable Smart Scores.
“`
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
