- Peab’s second-quarter net sales were SEK 15.06 billion, falling short of the estimated SEK 16.03 billion.
- The company’s civil engineering operations, premise construction, and significant parts of the Industry business area showed positive development.
- Lesser housing construction negatively affected operations in project development, construction systems, and crane rentals.
- Shares of Peab declined by 3.9% to SEK 73.80, with 122,151 shares traded.
- Analyst ratings include 2 buys and 5 holds, with no sell recommendations.
A look at Peab AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| 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
Peab AB, a construction, project development, and civil engineering company, is positioned for a solid long-term outlook based on its Smartkarma Smart Scores. With a strong focus on delivering value and a top-notch dividend rating, Peab AB demonstrates its commitment to providing consistent returns for investors. While the growth, resilience, and momentum scores are slightly lower, the company’s strategic presence in construction, residential and commercial buildings, roads, and bridges places it in a favorable position for sustained success.
Operating across Sweden, Norway, Finland, and Poland, Peab AB‘s diversified portfolio of services including asphalt, crane and machinery rental, rock engineering, and prefabricated elements contributes to its overall resilience. Although growth and momentum scores sit at a moderate level, Peab AB‘s robust foundation in construction and civil engineering sectors, supported by a strong dividend score, sets a positive trajectory for its future 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
