- Panasonic revised its fiscal year net sales forecast to 8.30 trillion yen, down from a previous forecast of 8.60 trillion yen, and lower than the market estimate of 8.56 trillion yen.
- Despite the sales forecast cut, the company maintains its operating income outlook at 380.00 billion yen.
- The net income projection remains steady at 310.00 billion yen, which is slightly below the market estimate of 317.1 billion yen.
- Panasonic plans to maintain a dividend payment of 40.00 yen per share, slightly higher than the market estimate of 39.50 yen.
- For the third quarter, operating income reached 137.07 billion yen.
- Third quarter net income was 99.50 billion yen, surpassing the market estimate of 92.54 billion yen.
- Net sales for the third quarter were reported at 2.15 trillion yen, which is lower than the estimated 2.22 trillion yen.
- Stock analyst recommendations include 9 buys, 8 holds, and no sell ratings for Panasonic.
Panasonic Corp on Smartkarma
Analysts on Smartkarma like Michael Allen are closely monitoring Panasonic Corp based on recent reports. In a bullish analysis titled “Panasonic (6752): Blows Past Consensus,” Allen highlights the company’s strong Q2 performance, trading significantly below book value. Despite Jtekt missing estimates but increasing its dividend, and Aisin also falling slightly short, Panasonic’s impressive Q2 results have positioned it well in the market.
A look at Panasonic Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Looking at the Smartkarma Smart Scores, Panasonic Corp seems to have a promising long-term outlook. With strong scores in Value, Growth, and Momentum, the company appears to be positioned well for future success. The Value score suggests that the company’s stock may be priced attractively relative to its fundamentals. A high Growth score indicates potential for expansion and increasing market share. Additionally, a Momentum score of 5 implies a positive trend in the company’s stock performance. While the Dividend and Resilience scores are slightly lower, the overall outlook for Panasonic Corp seems positive based on these Smart Scores.
Summary: Panasonic Corporation is a global manufacturer of electric and electronic products, including a wide range of consumer and industrial goods. The company’s diverse product portfolio includes home appliances, car navigation systems, digital devices, telecommunications equipment, and more. With associated companies across the world, Panasonic is a well-established player in the electronics industry, constantly innovating and adapting to market trends.
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
