- Salmar’s preliminary first-quarter harvest totaled 42,700 metric tons.
- This harvest exceeded the estimated figure of 40,090 metric tons.
- The company focused on building biomass over the period.
- Most of the harvest volume occurred late in the quarter.
- Some of the fish were harvested due to welfare concerns.
- The company has 10 buy recommendations, 2 hold recommendations, and 2 sell recommendations.
A look at Salmar ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| 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
Analysts at Smartkarma have assessed Salmar ASA‘s long-term outlook using Smart Scores, which provide a comprehensive view of the company’s performance across different factors. Salmar ASA has received varying scores in different categories. While the company scored higher in Dividend (4), indicating a strong dividend outlook, it scored lower in Value (2), Growth (3), Resilience (3), and Momentum (3). This suggests that while Salmar ASA may offer a good dividend yield, its overall value and growth prospects might be more moderate. The resilience and momentum of the company are also considered average based on the Smart Scores.
Salmar ASA, a company that operates fisheries specializing in salmon production, has a mixed outlook based on the Smart Scores assessment. With a strong emphasis on dividends and a moderate performance in growth, resilience, and momentum, investors may want to consider a balanced view of the company’s long-term potential. The company’s main activities include sea farming, processing, and trading of various fish and shellfish, highlighting its presence in the seafood industry. Investors seeking a reliable dividend yield may find Salmar ASA attractive, while those looking for strong growth opportunities may need to review other factors.
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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