- Prysmian has increased its full-year adjusted EBITDA forecast to a range of €2.30 billion to €2.38 billion from the previous estimate of €2.25 billion to €2.35 billion.
- The company’s estimate for the full-year free cash flow has been raised to a range of €1.00 billion to €1.08 billion, compared to the prior forecast of €950 million to €1.05 billion.
- In the second quarter, Prysmian reported an adjusted EBITDA of €605 million, marking a 32% increase year-over-year, surpassing the market estimate of €576.5 million.
- Revenue for the second quarter reached €4.88 billion, up 18% from the previous year, and slightly above the market estimate of €4.84 billion.
- Market consensus includes 16 buy ratings, 4 hold ratings, and 2 sell ratings for Prysmian’s stock.
A look at Prysmian SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.2 |
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
Prysmian SpA, a leading company in the development, design, production, supply, and installation of cables for energy and telecommunications, has been rated by Smartkarma Smart Scores on various factors. With a high Momentum score of 5, Prysmian SpA seems to be experiencing strong positive trends in its market performance. This could indicate promising growth prospects in the long term.
In addition, Prysmian SpA also scores well on Growth with a rating of 4, suggesting that the company is positioned for significant expansion and development opportunities. While Value and Dividend scores are moderate at 2, and Resilience stands at 3, indicating room for improvement in these areas, the overall outlook appears positive for Prysmian SpA based on its Smartkarma Smart Scores.
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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