- Trend Micro lowered its full-year operating income forecast to 53.60 billion yen from an initial 60.30 billion yen. Analysts had estimated it at 59.76 billion yen.
- The company now projects a net income of 30.20 billion yen, a decrease from the previously expected 38.90 billion yen. The market had estimated this figure at 40.04 billion yen.
- Projected net sales for the year are now 274.00 billion yen, down from an earlier forecast of 288.60 billion yen, with market expectations pegged at 284.2 billion yen.
- For the second quarter, Trend Micro’s operating income reached 13.47 billion yen, marking a 9.4% increase year-over-year, but still below the estimated 14.96 billion yen.
- The second quarter net income was 5.48 billion yen, representing a 23% decrease compared to the previous year.
- Net sales for the second quarter totaled 66.41 billion yen, reflecting a 3.2% year-over-year decline and falling short of the 70.48 billion yen estimate.
- Current analyst recommendations include 4 buys, 5 holds, and no sells on Trend Micro’s stock.
Trend Micro Inc on Smartkarma
Analysts on Smartkarma, including Arun George and David Blennerhassett, have provided bullish coverage of Trend Micro Inc. Arun George highlighted key developments in Event-Driven and ECM sectors, mentioning notable events involving Trend Micro Inc. in various regions. Similarly, David Blennerhassett discussed buyout interest in Trend Micro Inc., with potential bidders such as Bain, Advent, KKR, and EQT AB. The analysts suggest that Trend Micro Inc. is undervalued and could see a premium in its stock price based on industry comparisons.
Overall, the sentiment from these analysts indicates positive outlooks on Trend Micro Inc.’s future prospects, with discussions on potential buyouts and strong market performance. Investors may find the reports insightful in understanding the investment opportunities presented by Trend Micro Inc. in the cybersecurity industry.
A look at Trend Micro Inc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 2 | |
| 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
Investors assessing the long-term prospects of Trend Micro Inc can look to the company’s Smartkarma Smart Scores for guidance. With a solid rating in Resilience, Trend Micro Inc demonstrates a strong ability to weather market uncertainties and maintain stability. This indicates that the company has a strong foundation and is well-equipped to handle various challenges over time.
While the Value and Momentum scores are on the lower side, the Dividend and Growth scores present a moderate outlook for Trend Micro Inc. This suggests that the company may offer steady growth and returns to investors, without significant fluctuations in value. Overall, Trend Micro Inc‘s positioning in the market reflects a balance of key factors, making it a potentially reliable choice for those looking for stability and growth in the cybersecurity sector.
Summary: Trend Micro Inc is a company that specializes in developing and selling anti-virus computer software and internet security products across the United States, Europe, and Asia.
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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