- Subaru increased its full-year operating income forecast to 430.00 billion yen, up from the previous forecast of 400.00 billion yen, and slightly exceeding the estimate of 429.52 billion yen.
- The company expects its net income to reach 330.00 billion yen, compared to the earlier forecast of 300.00 billion yen, surpassing the estimated 321.09 billion yen.
- Net sales are projected to be 4.76 trillion yen, a slight increase from the prior expectation of 4.72 trillion yen, yet slightly under the estimate of 4.77 trillion yen.
- Subaru plans to raise its dividend to 115.00 yen per share, up from their previous dividend of 96.00 yen, and above the estimate of 103.13 yen.
- For the third quarter, Subaru’s operating income was 147.15 billion yen, marking a 21% decrease year-on-year.
- Third-quarter net income improved by 4.4% year-on-year to 154.37 billion yen, significantly surpassing the estimate of 89.72 billion yen.
- The company’s third-quarter net sales were 1.27 trillion yen, a 1% decline year-on-year, but above the estimate of 1.22 trillion yen.
- Subaru shares rose by 3.4% to 2,754 yen, with 1.18 million shares traded.
- The company’s stock has 4 buy recommendations, 11 holds, and 2 sell ratings from analysts.
A look at Subaru Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.4 |
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
Subaru Corp, a prominent manufacturer of passenger cars and industrial machinery, has garnered positive ratings in multiple key aspects according to Smartkarma Smart Scores. With a strong emphasis on dividends and growth, the company has received top marks in these categories, reflecting a promising long-term outlook. Additionally, Subaru has scored well in resilience and momentum, indicating a solid foundation and steady business performance.
As a producer of passenger cars under the Subaru brand, along with buses, vehicle parts, and industrial machinery, Subaru Corp stands out for its robust dividend policy and growth potential. The high scores in these areas, along with solid performance in resilience and momentum, point towards a positive trajectory for the company in the foreseeable future.
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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