- Salik’s third-quarter profit was reported at 372.9 million dirhams, falling short of the estimated 379.7 million dirhams.
- The company’s revenue for the third quarter was 747.7 million dirhams, below the estimated 761.8 million dirhams.
- Analyst recommendations for Salik include seven buy ratings, five hold ratings, and one sell rating.
A look at Salik Company Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.0 |
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
Salik Company‘s long-term outlook appears promising as indicated by their Smartkarma Smart Scores. With a solid Growth score of 4 and Momentum score of 4, the company is positioned for potential expansion and market momentum. These scores suggest that Salik Company is focused on growth opportunities and has positive market momentum driving its performance.
Moreover, combining a Value score of 2, Dividend score of 2, and Resilience score of 3, Salik Company demonstrates a balanced approach to financial health and risk management. This balanced scoring across various factors indicates a stable and potentially lucrative investment opportunity for those considering a long-term perspective on the company. Salik Company P.J.S.C.’s core business of providing infrastructure construction services and managing traffic toll systems further solidifies its position for sustained growth in the long run.
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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