- Sabic Agri-Nutrients posted 1Q profits of 841 million riyals, showing a decrease of 14% year on year.
- The profits missed the estimates, which were pegged at 904.8 million riyals.
- The company’s revenue stood at 2.52 billion riyals, marking a decrease of 8.8% year on year.
- The projected estimate for the revenue was 2.73 billion riyals, which means the actual revenue was also lower than expected.
- Operating profit was recorded at 730 million riyals.
- Analysts sentiments for the shares comprise of 6 buys, 9 holds, and 0 sells.
A look at Saudi Arabian Fertilizer Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 5 | |
| Momentum | 2 | |
| 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
Analysts utilizing the Smartkarma Smart Scores have provided insights into the long-term outlook for Saudi Arabian Fertilizer Co. Based on the scores assigned, the company has demonstrated strengths in Dividend and Resilience, scoring high marks of 5 on both factors. This suggests a positive outlook for investors looking for stable returns and a company capable of weathering market uncertainties.
Furthermore, Saudi Arabian Fertilizer Co has received favorable scores in Growth, with a rating of 4, indicating potential for expansion and development opportunities. However, the company scored lower on Momentum, receiving a score of 2, signifying a slower pace of stock price movement. Overall, the company’s positioning in the agriculture supplies sector, specializing in the production of ammonia, urea, sulfuric acid, and melamine, contributes to its overall outlook for long-term 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.
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