- Yokogawa Electric increased its full-year operating income forecast to 79.00 billion yen, which surpasses the previous forecast of 75.00 billion yen and the market estimate of 77.71 billion yen.
- The company expects a net income of 51.00 billion yen, up from the previously forecasted 49.00 billion yen, but slightly below the market estimate of 53.24 billion yen.
- Net sales projections remain unchanged at 563.00 billion yen, slightly under the market estimate of 568.5 billion yen.
- The anticipated dividend is now 58.00 yen, slightly higher than the market estimate of 57.14 yen.
- For the third quarter, Yokogawa Electric reported an operating income of 55.49 billion yen, a significant increase from 24.67 billion yen year-on-year, beating estimates of 21.2 billion yen.
- Third-quarter net income was 14.13 billion yen, a 17% decrease year-on-year, but it closely aligned with the market estimate of 14 billion yen.
- Net sales for the third quarter reached 142.31 billion yen, marking a 2.7% year-on-year increase but slightly below the estimate of 142.8 billion yen.
- The company presently has 5 buy ratings, 3 hold ratings, and no sell ratings from analysts.
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A look at Yokogawa Electric Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
Yokogawa Electric Corporation, a company specializing in IT solutions, measuring equipment, semiconductors, and electronic components, has received varying Smart Scores in different categories. With a high Growth score of 5, Yokogawa Electric is positioned well for future expansion and development. The company also demonstrates strong Resilience with a score of 4, indicating its ability to withstand challenges and adapt to market changes. However, its Dividend score of 2 suggests a lower emphasis on distributing profits to shareholders. The overall outlook for Yokogawa Electric is positive, supported by its solid Growth and Resilience scores.
Yokogawa Electric Corporation’s focus on innovation and adaptability is evident from its Smart Scores. While the company scores moderately in Value and Momentum with scores of 3 each, its strong emphasis on Growth and Resilience is noteworthy. The company’s product range includes a variety of IT controllers, flowmeters, analyzers, and more, showcasing its diversity in the technology sector. Investors looking for long-term potential may find Yokogawa Electric appealing, considering its high Growth and Resilience scores. With a well-established presence in the industry, Yokogawa Electric looks set to continue its upward trajectory in the market.
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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