- Open House‘s full-year operating income forecast exceeds estimates at 170 billion yen, against an expectation of 158.09 billion yen.
- The company projects a net income of 112 billion yen for the fiscal year, surpassing the 106.64 billion yen estimate.
- Net sales are expected to reach 1.49 trillion yen, higher than the anticipated 1.42 trillion yen.
- The forecasted dividend stands at 188 yen, slightly below the estimate of 188.95 yen.
- In the fourth quarter, operating income rose 14% year-over-year to 43.69 billion yen, though it fell short of the 46.4 billion yen estimate.
- Fourth quarter net income increased by 23% year-over-year to 30.06 billion yen but remained below the 33.49 billion yen forecast.
- Fourth quarter net sales declined by 1% year-over-year to 396.74 billion yen, missing the 403.49 billion yen estimate.
- Analyst recommendations for Open House include 4 buys, 3 holds, and 1 sell.
A look at Open House Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
According to the Smartkarma Smart Scores, Open House Co.,Ltd. is showing a promising long-term outlook. With a solid Growth score of 4 and Momentum score of 4, the company seems to be on a positive trajectory for advancement. This indicates that Open House is likely experiencing steady expansion and gaining momentum in the market.
Additionally, Open House scores a respectable 3 in Value, Dividend, and Resilience, highlighting its overall stability and value as an investment opportunity. These scores suggest that the company is adequately priced, maintains a balanced dividend policy, and exhibits resilience in the face of potential challenges. Overall, based on the Smartkarma Smart Scores, Open House appears to be a well-rounded company in the real estate services sector, with promising prospects for future growth and performance.
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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