- Ricoh’s third-quarter operating income reached 27.75 billion yen, marking a 58% increase year-on-year, outperforming the estimated 24.04 billion yen.
- Net income for the third quarter was 18.59 billion yen, a 27% rise compared to the previous year, surpassing the estimate of 14.11 billion yen.
- The company’s net sales for the quarter amounted to 632.82 billion yen, up 8.2% year-on-year, beating the estimated 612.91 billion yen.
- Ricoh maintains its forecast for the year, expecting an operating income of 61.00 billion yen, higher than the projected 57.86 billion yen.
- The forecast for net income is set at 44.50 billion yen, exceeding the estimate of 41.86 billion yen for the year.
- Net sales for the year are anticipated to reach 2.55 trillion yen, slightly above the estimated 2.5 trillion yen.
- The company forecasts a dividend of 38.00 yen per share, marginally above the estimated 37.86 yen.
- Analyst recommendations for Ricoh include 2 buy ratings, 6 hold ratings, and 1 sell rating.
A look at Ricoh Company Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
Based on the Smartkarma Smart Scores provided, Ricoh Company Ltd appears to have a promising long-term outlook. With strong scores in Growth and Value, the company is positioned well for future expansion and demonstrates attractive fundamentals. The high score in Growth indicates potential for significant development and market opportunities in the coming years, while the solid Value score suggests that the stock may be undervalued compared to its intrinsic worth.
Additionally, Ricoh Company Ltd also shows good Momentum and Resilience scores, further supporting its positive outlook. The Momentum score indicates that the company is experiencing positive trends in price and investor sentiment, while the Resilience score reflects its ability to withstand economic shocks and market volatility. Although the Dividend score is intermediate, the overall combination of scores suggests that Ricoh Company Ltd is a strong contender for long-term investment potential.
Summary: Ricoh Company Ltd is a manufacturer and marketer of office automation equipment, electronic devices, and photographic instruments. The company offers a diverse product line, including facsimiles, image scanners, printers, digital cameras, and personal computers, along with analog, digital, and color copiers. With a global presence through sales offices and partnerships, Ricoh Company Ltd appears to be well-positioned for future growth and value appreciation.
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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