• Osaka Gas has raised its forecast for operating income to 172.50 billion yen from a previous prediction of 139.50 billion yen. This beats the estimate of 143.72 billion yen.
• The company also forecasts an increase in net income, with a new estimate of 132.50 billion yen, up from the prior figure of 116.00 billion yen. The new net income forecast surpasses the estimated 121.99 billion yen.
• Despite the positive forecasts for operating and net income, the company foresees net sales to hit around 2.08 trillion yen, a slight decrease from the previously anticipated figure of 2.12 trillion yen. Still, this estimate barely falls short of the expected 2.11 trillion yen.
• In terms of market sentiment, Osaka Gas is currently more on the bullish side with 4 buys and 1 hold. Interestingly, there are no sell positions.
• All the comparisons to past results are based on disclosed values from the company’s original statements.
A look at Osaka Gas Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
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
Osaka Gas, a company that produces and supplies natural gas in the Osaka, Kyoto, and Hyogo areas, presents a promising long-term outlook according to the Smartkarma Smart Scores. With a strong focus on growth and value, as indicated by scores of 5 and 4 respectively, Osaka Gas demonstrates a solid foundation for future success. These high scores suggest that the company is well-positioned to expand its operations and generate long-term value for its stakeholders.
While Osaka Gas excels in growth and value, its scores in dividend, resilience, and momentum indicate areas for potential improvement. With a score of 3 for dividends, investors may see moderate returns in the form of dividends. The resilience score of 2 suggests that the company may face some challenges in adverse conditions. Despite these concerns, a momentum score of 4 indicates positive market momentum for Osaka Gas, hinting at potential future growth opportunities for the company in the energy sector.
### OSAKA GAS CO., LTD. produces and supplies natural gas primarily in Osaka, Kyoto, and Hyogo areas. The Company provides gases and energy products for residential, commercial, and industrial customers. Osaka Gas also constructs and maintains gas supply lines. In addition, the Company sells gas appliances. ###
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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