- Sanrio raised its full-year operating income forecast to 67.30 billion yen, surpassing initial expectations of 60.00 billion yen. Analysts had estimated 64.04 billion yen.
- The company also increased its full-year net income projection to 47.50 billion yen, exceeding the previous expectation of 42.00 billion yen, and beating analysts’ estimate of 45.69 billion yen.
- Projected net sales for the full year are set at 168.80 billion yen, which is higher than the prior forecast of 162.20 billion yen, but slightly below analysts’ estimate of 170.69 billion yen.
- Sanrio raised its anticipated dividend to 60.00 yen from the previous 54.00 yen, surpassing the estimated 58.55 yen.
- For the first half of the fiscal year, Sanrio expects net sales to reach 83.60 billion yen, up from an earlier forecast of 75.20 billion yen.
- The forecast for first-half operating income was increased to 35.00 billion yen, up from the previous 27.50 billion yen.
- Sanrio revised its first-half net income prediction to 24.70 billion yen, from an earlier 19.10 billion yen.
- In the first quarter, Sanrio reported an operating income of 20.20 billion yen, an 88% increase year-over-year, and above the estimated 14.97 billion yen.
- Net income for the first quarter was 14.19 billion yen, marking a 38% rise year-over-year and exceeding the estimate of 10.76 billion yen.
- The company achieved first-quarter net sales of 43.10 billion yen, up 49% year-over-year and surpassing the forecasted 37.55 billion yen.
- Sanrio‘s stock has 7 buy ratings, 3 hold ratings, and no sell ratings, indicating positive investor sentiment.
Sanrio on Smartkarma
Analyzing the analyst coverage of Sanrio on Smartkarma, Brian Freitas, a respected analyst on the platform, provided insights into the company’s stock performance. In his report titled “Sanrio (8136 JP): Global Index Inclusion in May,” Freitas mentioned that Sanrio‘s stock initially dropped after a placement announcement but has since seen an upward trend. The increased float resulting from the placement is expected to lead to the company’s index inclusion in May. Despite some positioning in the stock, recent unwinding has left room for potential stock price movements depending on global cues.
Freitas’s research showcases a bullish sentiment towards Sanrio, indicating optimism about the company’s prospects following the recent developments. With the stock price exhibiting volatility and a rally post-placement, investors are keeping a close eye on Sanrio‘s potential future movements. The analysis highlights the impact of increased free float on the stock’s performance and the potential implications of being added to a global index in the upcoming months. Overall, the coverage by independent analysts on Smartkarma provides valuable insights for investors interested in monitoring Sanrio‘s progress and market positioning.
A look at Sanrio Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 2 | |
| 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
The long-term outlook for Sanrio seems promising based on the Smartkarma Smart Scores. With a high Growth score of 5 and Resilience score of 5, Sanrio shows strong potential for long-term growth and ability to weather economic uncertainties. The company’s focus on innovation and adaptability positions it well for sustained success in a competitive market.
While the Value and Dividend scores are moderate at 2, the high marks in Growth and Resilience indicate that Sanrio is well-positioned to capitalize on future opportunities and maintain stability. Investors looking for a company with strong growth prospects and resilience in uncertain times may find Sanrio an attractive long-term investment.
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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