- Ocado’s fourth-quarter retail sales exceeded expectations, reaching GBP 715.8 million.
- The estimated sales figure for the quarter was GBP 681.7 million.
- The company recorded an average of 476,000 orders per week in this period.
- Market analysts’ recommendations for Ocado include 7 buy ratings.
- There are also 5 hold and 5 sell ratings for Ocado shares.
A look at Ocado Group PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 1 | |
| Growth | 4 | |
| 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
When looking at the long-term outlook for Ocado Group PLC based on the Smartkarma Smart Scores, it’s evident that the company has a mixed bag of ratings across different factors. With a high score in Growth, Ocado Group PLC seems to have strong potential for expansion and development in the future. This indicates that the company may be well-positioned for long-term success in terms of growing its business operations.
However, the lower scores in Dividend, Resilience, and Momentum suggest that there are some challenges to consider. The company may not be as stable in terms of dividend payouts, may face some vulnerabilities in its operations, and might not have strong momentum in its market performance. Investors should carefully weigh these factors alongside the positive growth outlook when considering investment opportunities in Ocado Group PLC.
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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