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Industrial and Commercial Bank of China’s Stock Price Rises to 4.35 HKD, Showcasing a Positive 0.23% Shift in the Commercial Sector

By | Market Movers

Industrial and Commercial Bank of China (1398)

4.35 HKD +0.01 (+0.23%) Volume: 166.22M

Industrial and Commercial Bank of China’s stock price stands at 4.35 HKD, recording a modest gain of +0.23% in the current trading session with a trading volume of 166.22M. The bank’s stock has shown a robust growth YTD, boasting a +13.87% increase, making it a noteworthy performer in the financial sector.


Latest developments on Industrial and Commercial Bank of China

ICBC (H) stock price experienced volatility today following an announcement by the company regarding fake text messages about traffic tickets. The news caused uncertainty among investors, leading to fluctuations in the stock price. This development comes after a series of events that have impacted ICBC (H)‘s reputation and financial performance in recent months. Investors are closely monitoring the situation as the company navigates through these challenges.


Industrial and Commercial Bank of China on Smartkarma

Analysts on Smartkarma, such as Travis Lundy, have been closely covering ICBC (H) and providing valuable insights. Lundy’s analysis on the company’s SOUTHBOUND flows indicates a positive trend with SOE Banks and SOE Energy names dominating the net buy list. The national team’s buying activity, especially in banks and energy sectors, suggests potential anticipation of shareholder return policy changes. Despite this, valuations remain acceptable, and policy changes could further drive inflows into ICBC (H) from various sources.

In another report by Travis Lundy on Smartkarma, the A/H Premium Tracker for ICBC (H) shows minimal moves in a recent 2-day week. Lundy suggests a downward trend in the A/H premia direction, with As and Hs experiencing mixed performance based on high and low premia. The analysis also highlights consecutive buying streaks from SOUTHBOUND investors and significant inflows from NORTHBOUND investors. Overall, the market dynamics and allocation trades seem to be impacting ICBC (H)‘s performance, with potential implications on A/H pairs performance in the future.


A look at Industrial and Commercial Bank of China Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, Industrial and Commercial Bank of China (ICBC) (H) has a positive long-term outlook. With high scores in Dividend and Momentum, the company is well-positioned to provide strong returns to its investors while maintaining stability and growth. Additionally, ICBC (H) scores well in Value and Growth, indicating that it is a solid investment option for those looking for both value and potential for expansion.

Despite a slightly lower score in Resilience, ICBC (H) remains a reliable choice for individuals, enterprises, and other clients seeking banking services. With a diverse range of offerings including deposits, loans, fund underwriting, and foreign currency settlement, ICBC (H) is well-equipped to meet the needs of its customers. Overall, the company’s strong performance across multiple factors bodes well for its future success in the banking industry.

Summary: Industrial and Commercial Bank of China Limited provides banking services. The Company offers deposits, loans, fund underwriting, foreign currency settlement, and other services. Industrial and Commercial Bank of China provides its services to individuals, enterprises, and other clients.


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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Mahindra & Mahindra (MM) Earnings: July Automotive Sales Reach 66,444 Units Despite Share Price Dip

By | Earnings Alerts
  • Mahindra sold a total of 66,444 automotive units in July 2024.
  • Exports for automotive units stood at 1,515 units.
  • Passenger vehicle sales accounted for 41,623 units.
  • Commercial vehicle sales reached 19,713 units.
  • Tractor sales were robust with 25,587 units sold.
  • Tractor exports were recorded at 1,622 units.
  • Shares dropped by 2.7% to 2,829 rupees, with 2.88 million shares traded on the market.
  • Analyst ratings included 35 buys, 6 holds, and no sell recommendations.

A look at Mahindra & Mahindra Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE3.8

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

Analysts assessing Mahindra & Mahindra‘s long-term prospects are optimistic based on the Smartkarma Smart Scores. The company scored highest in Growth and Momentum, indicating a strong potential for both expanding its operations and maintaining positive stock performance. This suggests that Mahindra & Mahindra is well-positioned for future growth and may be an attractive investment opportunity for those seeking companies with upward momentum.

While the Value score is moderate and the Resilience score is lower, the higher scores in Dividend, Growth, and Momentum overshadow these concerns. Overall, Mahindra & Mahindra‘s outlook appears positive for the long term, supported by its diverse product range which includes automobiles, farm equipment, and automotive components. This broad portfolio indicates stability and potential for sustained growth in the evolving market landscape.

Summary: Mahindra & Mahindra Ltd. is a manufacturing company known for producing automobiles, farm equipment, and automotive components. Their product line ranges from commercial vehicles to agricultural tractors, reflecting a diverse offering 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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Adani Ports & Special Economic Zone (ADSEZ) Earnings: Q1 Net Income Surges 48% to Beat Estimates

By | Earnings Alerts
  • Net Income: Adani Ports’ net income for Q1 is 31.2 billion rupees, up 48% year-over-year.
  • Revenue: The company’s revenue for the quarter stands at 69.6 billion rupees, a 11% increase from the previous year.
  • Estimates: Net income surpassed estimates of 22.93 billion rupees. Revenue was just shy of the 70.07 billion rupees estimate.
  • Total Costs: Total costs rose to 42.4 billion rupees, marking a 4.3% year-over-year increase.
  • Other Income: Adani Ports reported other income of 4.95 billion rupees, a significant 29% increase from last year.
  • One-Time Cost: The quarter included a one-time cost of 1.45 billion rupees, primarily due to a settlement with a unit staff.
  • Market Sentiment: The company has strong market support with 19 buy ratings, 1 hold, and 0 sell ratings.

Adani Ports & Special Economic Zone on Smartkarma

Analyst coverage on Smartkarma for Adani Ports & Special Economic Zone is diverse. Leonard Law, CFA, shared a bullish sentiment in the “Morning Views Asia” research reports, emphasizing fundamental credit analysis, opinions, and trade recommendations on high yield issuers in the region. The reports offer insights on key company-specific developments, market commentary, indicators, and macroeconomic events related to Adani Ports & Special Economic Zone. Brian Freitas highlighted a significant development, reporting that Adani Ports will replace Wipro in the SENSEX Index, which could lead to a short-term stock price increase.

On the contrary, Leonard Law, CFA, also presented a bearish outlook in an “Adani Ports – Earnings Flash” report. While Adani Ports released strong FY 2023-24 results surpassing expectations, concerns about corporate governance issues within the broader Adani Group and potential event risks from international expansion cast shadows on the company’s outlook. The varied sentiments from analysts on Smartkarma provide investors with a comprehensive view of the opportunities and risks surrounding Adani Ports & Special Economic Zone.


A look at Adani Ports & Special Economic Zone Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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 the Smartkarma Smart Scores, Adani Ports & Special Economic Zone is positioned for stable long-term growth. With consistent scores across key factors such as Value, Dividend, Growth, and Momentum, the company demonstrates a balanced outlook. While its Resilience score is slightly lower, the overall picture is positive.

Adani Ports & Special Economic Zone operates a shipping port on the west coast of India, providing essential services for various types of cargo and additional transportation services. The company’s Smart Scores indicate a solid foundation for future success, supported by a well-rounded performance across different aspects of its business.


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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Ashok Leyland (AL) Earnings Impacted by 7.6% Drop in July Vehicle Sales

By | Earnings Alerts
  • Ashok Leyland reported July vehicle sales of 13,928 units.
  • This represents a 7.6% decrease compared to the same month last year, which saw 15,068 units sold.
  • Local sales were 12,926 units, noting a 9% decrease year-over-year.
  • The company’s overall sales declined by 8% year-over-year.
  • Ashok Leyland‘s shares fell by 2.4% to 250.90 rupees.
  • Trading volume was 8.15 million shares.
  • Analyst recommendations: 31 buys, 4 holds, and 8 sells.
  • The comparisons are based on the company’s original disclosures.

A look at Ashok Leyland Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE4.0

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

Based on the Smartkarma Smart Scores, Ashok Leyland shows a promising long-term outlook. With top scores in Dividend, Growth, and Momentum, the company demonstrates strong potential in rewarding shareholders, expanding its business, and sustaining positive stock performance. However, lower scores in Value and Resilience indicate areas where the company may need to improve to enhance its overall competitiveness in the market. Ashok Leyland‘s diversified product range, which includes commercial vehicles, engines, and spare parts for automobiles, positions it well to leverage growth opportunities both domestically and internationally.

Despite facing challenges in the Value and Resilience factors, Ashok Leyland‘s solid performance in Dividend, Growth, and Momentum underscore its ability to generate value for investors and drive business expansion. As the company continues to innovate and navigate market conditions, focusing on strengthening its value proposition and resilience could further enhance its overall standing in the industry. With a strategic approach to capitalizing on its strengths and addressing areas for improvement, Ashok Leyland is well-positioned for sustainable growth in the long run.

### Summary: Ashok Leyland Limited manufactures medium and heavy duty commercial vehicles, industrial & marine engines, ferrous castings, and spare parts for automobiles. The company operates in both domestic and international markets, with a diverse product portfolio that includes buses, tractors, haulage trucks, fire engines, and defense sector vehicles. ###


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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Mitsubishi UFJ Financial (MUFG) (8306) Earnings: 1Q Net Income Surges to 555.89 Billion Yen, Exceeding Estimates

By | Earnings Alerts
  • MUFG 1Q Net Income: 555.89 billion yen, beating the estimate of 410.89 billion yen.
  • 2025 Year Forecast: MUFG still sees a dividend of 50.00 yen, slightly above the estimate of 49.99 yen.
  • Analyst Ratings: 13 buys, 5 holds, 0 sells.
  • Comparisons to Past Results: All comparisons are based on values reported by the company’s original disclosures.

Mitsubishi UFJ Financial (MUFG) on Smartkarma



Analyzing the insights on Mitsubishi UFJ Financial (MUFG) by Sumeet Singh on Smartkarma, it is highlighted that MUFG is strategically looking to sell at least US$20bn worth of cross-shareholdings, albeit at a gradual pace. Singh’s research delves into MUFG’s extensive stake of over US$100m in around 47 listed Japanese stocks, emphasizing the potential for further selldowns in various companies within its portfolio. This move signifies a shift in MUFG’s investment focus and a strategic realignment of its holdings.

Sumeet Singh‘s research report, titled “MUFG Cross-Shareholding – At Least US$20bn of Cross-Shareholding to Sell, Taking It Slow,” provides valuable insights into the financial strategies of Mitsubishi UFJ Financial, shedding light on the significance of these potential selldowns. With a bullish leaning sentiment towards MUFG’s approach, the analysis offers investors a glimpse into the company’s future plans and possible reshaping of its investment portfolio within the Japanese market.



A look at Mitsubishi UFJ Financial (MUFG) Smart Scores

FactorScoreMagnitude
Value4
Dividend3
Growth4
Resilience5
Momentum5
OVERALL SMART SCORE4.2

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

Based on the Smartkarma Smart Scores, Mitsubishi UFJ Financial (MUFG) is positioned for a positive long-term outlook. With a strong Value score of 4, the company is deemed to have good value potential. Alongside this, MUFG scores well in Growth with a score of 4, indicating promising future growth prospects. The company also demonstrates resilience and momentum, scoring 5 in both categories. This suggests that MUFG shows stability in turbulent times and has strong upward momentum.

Mitsubishi UFJ Financial Group, Inc. (MUFG), formed through the merger of Mitsubishi Tokyo Financial Group and UFJ Holdings, offers various financial and investment services ranging from commercial banking to asset management. With solid scores across different factors, MUFG seems poised for a favorable outlook, supported by its value, growth, resilience, and momentum metrics.


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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Saudi Basic Industries (SABIC) Earnings: 2Q Profit Surges 85% to Exceed Estimates

By | Earnings Alerts
  • Profit: SABIC reported a profit of 2.18 billion riyals, an 85% increase year-on-year, exceeding the estimate of 859.5 million riyals.
  • Revenue: Revenue stood at 35.72 billion riyals, a 4.8% increase year-on-year, surpassing the estimate of 33.86 billion riyals.
  • Operating Profit: Operating profit was 2.1 billion riyals, a 28% increase year-on-year, higher than the estimate of 1.7 billion riyals.
  • EPS (Earnings Per Share): EPS came in at 0.73 riyals, beating the estimate of 0.44 riyals.
  • EBITDA: EBITDA was 5.70 billion riyals.
  • Free Cash Flow: Negative free cash flow of 1.44 billion riyals.
  • Comments on Capex: SABIC maintains a ‘disciplined approach’ in managing capital expenditure (Capex).
  • Capex Spending: Sees 2024 Capex spending at the lower range of $4 billion to $5 billion.
  • Market Sentiment: Most petrochemical sectors showed positive sentiment in the second quarter.
  • Dividend Commitment: SABIC is committed to keeping stable or growing dividends.
  • Analyst Ratings: 9 buy, 6 hold, 2 sell ratings from analysts.

A look at Saudi Basic Industries Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience4
Momentum4
OVERALL SMART SCORE3.8

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 the Smartkarma Smart Scores, Saudi Basic Industries Corporation (SABIC) shows strong fundamentals for long-term growth and stability. With a top score of 5 in Value, it indicates the company is currently undervalued compared to its actual worth. Alongside a respectable score of 4 in Dividend, investors can expect consistent returns over time. However, the company lags in Growth with a score of 2, suggesting slower expansion prospects. Nevertheless, SABIC’s high scores of 4 in Resilience and Momentum highlight its ability to weather market fluctuations and maintain positive upward momentum, respectively.

SABIC, known for its production of chemicals and steel, appears to be a lucrative investment opportunity for those seeking value and stability. The company’s robust Value and Dividend scores reveal its potential to deliver solid returns to investors while maintaining resilience and momentum in the market. Although Growth may be a bit subdued, SABIC’s diversified product range positions it well for long-term success in the industry.


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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Kyowa Kirin Co Ltd (4151) Earnings: FY Net Income Forecast Boosted, Beats Estimates

By | Earnings Alerts
  • Kyowa Kirin raises net income forecast to 68.00 billion yen, up from the initial 63.00 billion yen and exceeding the estimate of 66.56 billion yen.
  • Net sales forecast updated to 492.00 billion yen, higher than the previous 473.00 billion yen and above the estimate of 480.3 billion yen.
  • Dividend forecast remains unchanged at 58.00 yen, slightly above the estimate of 57.75 yen.
  • First half core operating profit reached 44.14 billion yen, marking an 18% increase year over year.
  • Second quarter net income soared to 23.15 billion yen, significantly higher than the previous year’s 8.89 billion yen and surpassing the estimate of 16.15 billion yen.
  • Second quarter net sales were 127.41 billion yen, representing a 21% year-over-year increase and beating the estimate of 117.16 billion yen.
  • Analyst recommendations included 7 buys, 5 holds, and 0 sells.

Kyowa Kirin Co Ltd on Smartkarma



Analyst coverage of Kyowa Kirin Co Ltd on Smartkarma shows positive sentiments regarding recent initiatives to accelerate long-term growth. Tina Banerjee‘s report highlights Kyowa Kirin’s partnership with Bridgebio for infigratinib in Japan and enrolling the first patient in a Phase 2 trial for tivozanib eye drops for DME. Despite higher R&D expenses affecting near-term profit, Kyowa Kirin’s collaboration with Bridgebio on exclusive licenses and the steady growth of its top-selling drug Crysvita are seen as key drivers of future success.



A look at Kyowa Kirin Co Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience4
Momentum5
OVERALL SMART SCORE3.8

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, Kyowa Kirin Co Ltd is positioned for long-term success. With high marks in Growth, Resilience, and Momentum, the company displays strong potential for expansion, adaptability in changing conditions, and positive market performance. These factors indicate a promising outlook for investors seeking sustainable growth and stability in their portfolio.

Kyowa Hakko Kirin Co.,Ltd., a pharmaceutical company focusing on innovative products like genetically engineered proteins, anti-anemia agents, and glycoproteins, positions itself as a forward-thinking player in the industry. With balanced scores across Value and Dividend factors, Kyowa Kirin Co Ltd proves to be a compelling choice for investors looking for a blend of growth opportunities and income potential in the pharmaceutical 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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Astellas Pharma (4503) Earnings: 1Q Operating Income Falls Short of Estimates Despite Strong Sales Growth

By | Earnings Alerts
  • Operating Income: 50.66 billion yen, up 11% year-over-year, missing the estimate of 54.22 billion yen.
  • Net Income: 37.60 billion yen, up 14% year-over-year, vastly exceeding the estimate of 15.97 billion yen.
  • Net Sales: 473.12 billion yen, up 26% year-over-year, beating the estimate of 409.76 billion yen.
  • Betanis/Myrabetriq/Betmiga Sales: 46.1 billion yen, down 6.3% year-over-year, but surpassing the estimate of 34.79 billion yen.
  • Prograf Sales: 53.9 billion yen, up 9.8% year-over-year, exceeding the estimate of 42.64 billion yen.
  • Xtandi Sales: 224.2 billion yen, up 29% year-over-year, outperforming the estimate of 199.47 billion yen.
  • Research & Development (R&D) Expenses: 86.8 billion yen, up 34% year-over-year, exceeding the estimate of 74.46 billion yen.
  • 2025 Year Forecast:
    • Betanis/Myrabetriq/Betmiga Sales: Forecasted at 118.0 billion yen, lower than the estimate of 126.29 billion yen.
    • Prograf Sales: Forecasted at 191.8 billion yen, exceeding the estimate of 184.37 billion yen.
    • Xtandi Sales: Forecasted at 757.0 billion yen, slightly below the estimate of 770.64 billion yen.
    • Operating Income: Forecasted at 48 billion yen.
    • Net Income: Forecasted at 30 billion yen, significantly below the estimate of 46.64 billion yen.
    • Net Sales: Forecasted at 1.65 trillion yen, slightly below the estimate of 1.7 trillion yen.
    • Dividends: Forecasted at 74 yen, slightly below the estimate of 74.79 yen.
    • FX Assumptions: 145 yen/USD, 155 yen/EUR.
  • Comments:
    • Sales increased for prostate cancer treatment Xtandi, urothelial cancer treatment Padcev, and acute myeloid leukemia treatment Xospata.
    • Recent launches of treatments VEOZAH and IZERVAY also contributed to the increase in sales.
    • R&D expenses increased due to exchange rates and investment in Primary Focus areas and strengthening of R&D functions.
  • Analyst Ratings: 8 buy ratings, 8 hold ratings, 1 sell rating.

Astellas Pharma on Smartkarma

On Smartkarma, investment analyst Tina Banerjee recently published a research report on Astellas Pharma (4503 JP) titled “Astellas Pharma (4503 JP): Fx Drives FY24 Revenue; Impairment Loss Dents Profits; Pain to Continue.” In her bearish analysis, she highlighted that for FY25, Astellas Pharma is forecasting only 3% revenue growth. Furthermore, the company expects a 10% decline in core operating profit and a significant 17% decrease in net profit. Despite a Β₯85B increase in revenue from FY23 to FY24, the operating and net profits suffered a significant decline of over 80% due to amortization and impairment losses on intangible assets. Astellas Pharma plans to adjust its accounting policy to stabilize core operating and net profits in FY25.


A look at Astellas Pharma Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth2
Resilience2
Momentum4
OVERALL SMART SCORE3.2

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

Based on the Smartkarma Smart Scores, Astellas Pharma‘s long-term outlook appears promising. The company excels in dividend payouts, receiving a score of 5, which indicates a strong commitment to rewarding its investors. Additionally, Astellas Pharma demonstrates a solid momentum with a score of 4, suggesting positive growth potential in the future. While the company scores lower in terms of growth and resilience, with scores of 2 for both factors, its value proposition remains steady at a score of 3.

Astellas Pharma Inc. is a leading pharmaceutical company known for its focus on therapeutic areas such as Urology, Immunology, Oncology, and Neuroscience. With a workforce of over 17,000 employees worldwide, the company conducts research, development, manufacturing, and marketing of prescription drugs across various regions, including the US, Europe, and Asia. Astellas aims to address critical medical needs through its innovative treatments in fields like transplantation, infectious diseases, and metabolic disorders.


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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

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BAE Systems PLC (BA/) Earnings: FY EPS Forecast Boosted, Sales and EBIT Expectations Raised

By | Earnings Alerts
  • Boost in EPS Forecast: BAE has raised its full-year underlying EPS forecast to a range of +7% to +9%, up from the previously projected +6% to +8%.
  • Sales Growth: Expected sales growth is now between +12% and +14%, which is an increase from the previous forecast of +10% to +12%.
  • Ebit Increase: BAE anticipates underlying Ebit growth of +12% to +14%, compared to the earlier forecast of +11% to +13%.
  • Free Cash Flow: Forecasted to be above GBP1.5 billion, up from the prior estimate of above GBP1.3 billion with an estimated value of GBP1.53 billion.
  • First Half Results:
    • Underlying Ebit: GBP1.39 billion, up 11% year-over-year (y/y), beating the estimate of GBP1.37 billion.
    • Component Performance:
      • Electronic Systems: Underlying Ebit of GBP473.0 million (slightly below the estimate of GBP478.6 million).
      • Platforms & Services: Underlying Ebit of GBP216.0 million, beating the estimate of GBP186.3 million.
      • Air: Underlying Ebit of GBP446.0 million (slightly below the estimate of GBP452.5 million).
      • Maritime: Underlying Ebit of GBP228.0 million, exceeding the estimate of GBP216.2 million.
      • Cyber & Intelligence: Underlying Ebit of GBP101.0 million, beating the estimate of GBP97.3 million.
      • HQ: Underlying Ebit loss of GBP71.0 million (larger than the estimated loss of GBP64.8 million).
  • EPS Performance: Underlying EPS was 31.4p versus 29.6p y/y, surpassing the estimate of 30.5p.
  • Sales Results: Total sales reached GBP13.40 billion, up 11% y/y, higher than the estimate of GBP13.08 billion.
    • Electronic Systems: Sales of GBP3.38 billion, beating the estimate of GBP3.18 billion.
    • Platforms & Services: Sales of GBP2.09 billion, up 10% y/y, above the estimate of GBP2.0 billion.
    • Air: Sales of GBP4.01 billion, exceeding the estimate of GBP3.92 billion.
    • Maritime: Sales of GBP2.93 billion, surpassing the estimate of GBP2.8 billion.
    • Cyber & Intelligence: Sales of GBP1.18 billion, slightly above the estimate of GBP1.16 billion.
    • HQ: Sales of GBP85.0 million, well below the estimate of GBP220.8 million.
  • Operating Profit: Reached GBP1.30 billion, up 5.1% y/y, matching the estimate.
  • Dividend: Interim dividend per share was 12.4p, slightly below the estimate of 12.6p.
  • Cash Flow Concerns:
    • Free Cash Flow: GBP219 million, down 80% y/y, below the estimate of GBP226.9 million.
    • Net Operating Cash Flow: GBP757 million, down 49% y/y, below the estimate of GBP848 million.
  • Analyst Ratings: 14 buys, 7 holds, and 2 sells.

A look at BAE Systems PLC Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.2

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

BAE Systems PLC, a leading defense and aerospace company, shows a promising long-term outlook based on Smartkarma Smart Scores. With a solid Growth score of 4, the company is positioned for future expansion and development. Additionally, BAE Systems demonstrates strong Momentum with a score of 4, indicating consistent positive performance trends. Its Resilience score of 3 signifies a stable and robust operational framework, showcasing the company’s ability to weather uncertainties.

Moreover, BAE Systems maintains a respectable Dividend score of 3, highlighting its commitment to providing returns to shareholders. Although the Value score is rated at 2, the company’s overall outlook remains optimistic, supported by its core focus on developing, delivering, and supporting advanced defense and aerospace systems for clients worldwide.

### BAE Systems plc develops, delivers, and supports advanced defense and aerospace systems. The Group manufactures military aircraft, surface ships, submarines, radar, avionics, communications, electronics, and guided weapon systems. BAE Systems services clients located throughout the world. ###


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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Barclays PLC (BARC) Earnings: 2Q Investment Bank Revenue Surpasses Estimates

By | Earnings Alerts
  • Investment Bank:
    • Revenue: GBP 3.02 billion (estimate: GBP 2.89 billion)
    • FICC Revenue: GBP 1.15 billion (estimate: GBP 1.24 billion)
    • Equities Revenue: GBP 696 million (estimate: GBP 640.3 million)
  • Total Income: GBP 6.32 billion (estimate: GBP 6.3 billion)
  • Barclays UK:
    • Revenue: GBP 1.89 billion (estimate: GBP 1.81 billion)
    • UK Personal Banking Revenue: GBP 1.17 billion (estimate: GBP 1.12 billion)
    • UK Barclaycard Consumer Revenue: GBP 228 million (estimate: GBP 236.7 million)
    • UK Business Banking Revenue: GBP 485 million (estimate: GBP 464.1 million)
    • UK Corporate Bank Revenue: GBP 443 million (estimate: GBP 431.7 million)
  • Private Bank and Wealth Management: Revenue: GBP 320 million (estimate: GBP 312.9 million)
  • US Consumer Bank: Revenue: GBP 819 million (estimate: GBP 854.3 million)
  • Net Interest Income: GBP 3.06 billion (estimate: GBP 2.97 billion)
  • Pretax Profit: GBP 1.94 billion (estimate: GBP 1.64 billion)
  • Attributable Profit: GBP 1.24 billion (estimate: GBP 975.6 million)
  • Common Equity Tier 1 Ratio: 13.6% (estimate: 13.7%)
  • Cost to Income Ratio: 63%
  • Total Deposits: GBP 557.5 billion (estimate: GBP 550.82 billion)
  • Risk-weighted Assets: GBP 351.4 billion (estimate: GBP 349.25 billion)
  • Total Operating Expenses: GBP 4.01 billion (estimate: GBP 4.02 billion)
  • Analyst Consensus: 14 buys, 6 holds, 1 sell

A look at Barclays PLC Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth5
Resilience5
Momentum5
OVERALL SMART SCORE4.8

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

Barclays PLC, a prominent global financial services provider, has garnered high scores across the board on the Smartkarma Smart Scores system. With top marks in Value, Growth, Resilience, and Momentum, Barclays appears to be well-positioned for long-term success. The company’s strong Value score indicates that it is trading at an attractive price relative to its intrinsic value, offering potential for solid returns. In addition, Barclays’ high Growth score suggests promising prospects for future expansion and profitability. Coupled with top scores in Resilience and Momentum, Barclays PLC seems poised to weather market fluctuations and maintain its positive trajectory.

As a diversified financial institution offering a range of services including retail banking, credit cards, investment banking, and wealth management, Barclays PLC‘s solid Smart Scores underscore its overall positive outlook. With a strong emphasis on value, growth, resilience, and momentum, Barclays appears to be in a robust position for sustained success in the long run, making it an intriguing prospect for investors seeking stability and growth potential in the financial 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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