- Panasonic has revised its full year operating income forecast down from 400.00 billion yen to 360.00 billion yen, falling short of the estimated 404.54 billion yen.
- The company’s forecasted net income is now 440.00 billion yen compared to the previous 460.00 billion yen, also falling short of the estimated 443.37 billion yen.
- However, the company’s net sales are expected to rise, with a current projection of 8.50 trillion yen compared to the previous 8.40 trillion yen. This exceeds the estimated 8.42 trillion yen.
- The market consensus consists of 11 buys, 5 holds and 1 sell on Panasonic stocks.
- All comparison data is taken directly from the company’s original disclosures.
Panasonic Corp on Smartkarma
Analyst coverage of Panasonic Corp on Smartkarma reveals contrasting sentiments. In the report “Panasonic (6752) | PAS-Ing the Keys” by Mark Chadwick, a bearish view is expressed. The analysis highlights Panasonic’s strategic partnership with Apollo Global Management, involving the partial sale of its ownership in Panasonic Automotive Systems Corporation to focus on core growth areas. Despite the bearish sentiment, this move is seen as positive for streamlining the group structure and concentrating on sustainable growth.
Another report by the same analyst, “Panasonic (6752) | Panic-Sonic,” sheds light on Panasonic’s Q2 results that showed flat sales but increased operating profit. However, the FY3/24 outlook was revised down with reductions in sales and operating profit across segments, particularly in Lifestyle and Energy. Concerns about Panasonic’s complex structure, overall profitability, uncertainties related to valuing IRA credits, and economic conditions have led to a pessimistic outlook on the company’s stock price.
A look at Panasonic Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
When looking at the long-term outlook for Panasonic Corp, the overall picture appears promising. Based on Smartkarma Smart Scores, which are rated on a scale of 1 to 5, Panasonic scores well across multiple key factors. With strong scores in Value, Dividend, and Growth, the company showcases solid fundamentals and potential for future expansion.
While Panasonic also demonstrates decent scores in Resilience and Momentum, there may be some areas for improvement to further boost its overall performance. As a company that manufactures a wide range of electric and electronic products, Panasonic has a global presence and a diversified product portfolio, contributing to its overall outlook in the market.
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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