- Sekisui House revised its full-year operating income forecast to 340 billion yen, down from a previous expectation of 362 billion yen. Analysts had estimated 356.65 billion yen.
- The company expects net sales of 4.33 trillion yen for the fiscal year, lowered from an earlier projection of 4.50 trillion yen. The estimate was 4.4 trillion yen.
- Net income projection remains steady at 232 billion yen, slightly above the estimate of 231.13 billion yen.
- The anticipated dividend is maintained at 144 yen, nearly matching the estimate of 144.10 yen.
- In the second quarter, Sekisui House posted an operating income of 95.19 billion yen, marking an 11% increase year-over-year and surpassing the estimated 89.91 billion yen.
- Net income for the second quarter was 68.23 billion yen, which represents a 6% decrease from the previous year, though it exceeded the estimated 66.58 billion yen.
- Second quarter net sales reached 1.12 trillion yen, reflecting a 3.6% increase year-over-year, slightly under the estimated 1.13 trillion yen.
- Analyst sentiment includes 5 buy ratings, 7 hold ratings, and no sell ratings.
A look at Sekisui House Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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 Smartkarma Smart Scores, Sekisui House shows a solid long-term outlook. With a high score of 5 for Dividend, investors can expect attractive returns through dividends. The Value score of 4 indicates that the company is potentially undervalued, presenting a good opportunity for value investors. However, the Growth, Resilience, and Momentum scores being at 3 suggest moderate prospects in terms of growth, stability, and market momentum.
Sekisui House, Ltd. is a prominent player in the construction industry, specializing in building and selling steel-frame and wooden housings. The company’s diverse portfolio includes single-family houses, condominiums, and apartment buildings. Apart from construction, Sekisui House is involved in real estate brokerage, leasing businesses, and the sale of construction materials, showcasing a comprehensive presence in the real estate sector.
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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