Category

Earnings Alerts

Duke Energy (DUK) Earnings: 2Q Revenue Exceeds Estimates with Strong EPS Growth

By | Earnings Alerts
  • Duke Energy‘s operating revenue for Q2 is $7.17 billion, surpassing the estimate of $6.75 billion.
  • The Electric Utilities division reported an adjusted income of $1.12 billion.
  • The Gas Utilities & Infrastructure segment’s adjusted income fell short, achieving $6 million compared to an estimated $21 million.
  • Adjusted Earnings Per Share (EPS) are $1.18, higher than the estimated $1.02.
  • Reported EPS stands at $1.13.
  • Duke Energy maintains its full-year forecast for adjusted EPS between $5.85 and $6.10, with the current estimate being $5.97.
  • Analysts have given 9 buy ratings, 11 hold ratings, and 0 sell ratings for Duke Energy.

Duke Energy on Smartkarma

Analysts from Baptista Research have initiated coverage on Duke Energy Corporation on Smartkarma, offering insights on the company’s financial performance and growth prospects. In their report titled “Duke Energy Corporation: Initiation of Coverage – Focus on Economic Development and Infrastructure Push Bound To Yield Results? – Major Drivers,” the analysts highlighted the company’s robust first-quarter 2024 results. Duke Energy‘s strong performance was attributed to strategic implementations, operational efficiencies, and a first-quarter adjusted earnings per share of $1.44, surpassing the previous year’s results by $0.24. Factors leading to this financial improvement include growth from rate reforms in different jurisdictions, increased retail volumes, and favorable weather conditions.


A look at Duke Energy Smart Scores

FactorScoreMagnitude
Value3
Dividend4
Growth4
Resilience2
Momentum5
OVERALL SMART SCORE3.6

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 the Smartkarma Smart Scores, Duke Energy shows strength in several key areas. With high scores in Dividend, Growth, and Momentum, the company demonstrates stability, potential for expansion, and strong market performance. Duke Energy‘s solid dividend score indicates a reliable payment to investors, while its growth score suggests promising future prospects. Furthermore, the company’s momentum score highlights its current positive trend in the market.

Duke Energy‘s lower scores in Value and Resilience indicate areas where improvement may be needed. Despite this, the company’s overall outlook appears positive, especially considering its significant presence in the energy sector across the Americas. With an integrated network of energy assets and a diverse portfolio of natural gas and electric businesses, Duke Energy is well-positioned to capitalize on opportunities for growth and success in the long term.


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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Owens Corning (OC) Earnings: 2Q Adjusted EPS Surpasses Expectations with $4.64

By | Earnings Alerts
  • Adjusted EPS for Q2 was $4.64, higher than last year’s $4.22 and the estimated $4.31.
  • Net sales reached $2.79 billion, which is an 8.8% increase year-over-year (y/y) and slightly above the estimate of $2.78 billion.
  • Insulation net sales were $916 million, marking a 1.2% increase y/y but below the estimate of $940.8 million.
  • Roofing net sales came in at $1.11 billion, a 1.6% decline y/y and below the estimate of $1.17 billion.
  • Composites net sales fell to $546 million, a 12% decrease y/y and below the estimate of $551 million.
  • Adjusted EBIT was $588 million, up 10% y/y and higher than the estimated $538.8 million.
  • Insulation EBIT was $183 million, a 12% increase y/y, beating the estimate of $170.6 million.
  • Roofing EBIT amounted to $373 million, a 10% increase y/y.
  • Composites EBIT was $61 million, a significant 30% drop y/y but above the estimated $48.5 million.
  • For Q3 2024, the company expects net sales growth to be in the low-20 percent range.
  • Analyst ratings include 8 buys, 9 holds, and 1 sell.

A look at Owens Corning Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth4
Resilience3
Momentum4
OVERALL SMART SCORE3.4

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

Based on the Smartkarma Smart Scores, Owens Corning seems to have a promising long-term outlook. With above-average scores in Growth and Momentum, the company is positioned well for future expansion and market performance. Additionally, its Value and Dividend scores suggest stability and potential for steady returns for investors. Owens Corning‘s Resilience score of 3 indicates moderate strength in dealing with market fluctuations and challenges, further supporting its overall outlook.

Owens Corning, known for producing building materials and engineered products, operates globally across multiple industries. With a balanced mix of growth potential, market momentum, and financial stability, the company appears to be on a positive trajectory for the long term, making it an attractive prospect for investors seeking a blend of growth and stability in their portfolio.


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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China Overseas Land & Investment (688) Earnings: July Contract Sales Surge 10.4%

By | Earnings Alerts
  • Significant Growth in July: China Overseas Land reported a 10.4% increase in contract sales for July 2024.
  • Sales Achievements: The company achieved contracted sales worth 13.19 billion yuan in July alone.
  • Year-to-Date Performance: The total contracted sales for the year-to-date (YTD) reached 161.57 billion yuan.
  • Analyst Ratings: The company received positive analyst recommendations with:
    • 32 buys
    • 1 hold
    • 0 sells

A look at China Overseas Land & Investment Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE3.4

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

China Overseas Land & Investment Limited, a company specializing in real estate services, is positioned for a positive long-term outlook based on the Smartkarma Smart Scores. With strong scores of 4 in both Value and Dividend categories, the company demonstrates solid fundamentals and a commitment to providing returns to its investors. While scoring slightly lower in Growth, Resilience, and Momentum categories with scores of 3, the company still maintains a competitive position in the market.

Overall, China Overseas Land & Investment‘s Smart Scores indicate a favorable outlook, particularly in terms of value and dividend returns. As a global provider of real estate services, the company’s focus on developing and managing commercial properties sets a strong foundation for continued growth and resilience in the industry. With a balanced approach towards value, dividends, growth, resilience, and momentum, China Overseas Land & Investment is poised to deliver sustainable performance for its stakeholders in the long run.


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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Power Finance (POWF) 1Q Earnings: Net Income Matches Estimates at 37.2 Billion Rupees, Revenue Surges 17%

By | Earnings Alerts





<a href="https://smartkarma.com/entities/power-finance-corporation">Power Finance</a> 1Q Highlights

  • Net income of 37.2 billion rupees, an increase of 24% year over year.
  • Net income met analysts’ estimates of 37.49 billion rupees.
  • Revenue at 119.1 billion rupees, showing a 17% year-over-year increase.
  • Revenue estimates were much lower, at 46.06 billion rupees.
  • Total costs amounted to 73.8 billion rupees, up 14% from last year.
  • Other income totaled 61.4 million rupees.
  • Dividend declared at 3.25 rupees per share.
  • Analysts’ recommendations: 7 buys, 0 holds, 0 sells.



Power Finance on Smartkarma

Analyst coverage of Power Finance on Smartkarma has recently been provided by Brian Freitas, a top independent analyst on the platform. In his research report titled “NIFTY NEXT50 Index Rebalance Preview: Potential Adds Continue to Run,” Freitas presents a bullish sentiment towards the potential changes in the NIFTY NEXT50 Index for March.

According to Freitas, the potential adds in the index have outperformed potential deletes by 28.6% over the last month. He suggests unwinding into strength as there could be six potential changes in the index, with estimated significant turnover and trade value. With a focus on strategic positioning and gradual unwinding, Freitas provides insightful analysis for investors in Power Finance to consider.


A look at Power Finance Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.6

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

Power Finance Corporation, an Indian company that funds power projects, shows a promising long-term outlook based on its Smartkarma Smart Scores. The company’s high Dividend and Value scores indicate strong financial health and attractive investment potential. Additionally, with decent scores in Momentum and above-average score in Value, Power Finance is positioned well for potential growth and stability in the future. However, its lower Resilience score suggests some vulnerability to economic fluctuations, which investors should consider.

Overall, Power Finance Corporation displays solid fundamentals, especially in terms of dividends and value, signaling a reliable investment option for those seeking steady income and potential growth opportunities in the power sector. Despite facing some resilience challenges, the company’s strategic focus on funding power projects in India positions it well to capitalize on future opportunities and maintain its competitive edge in the market. Investors could consider the company’s strong dividend and value scores as key factors for a long-term investment strategy.


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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Formosa Petrochemical (6505) Earnings: 1H Revenue Hits NT$341.81B, Net Income at NT$7.76B

By | Earnings Alerts

  • Formosa Petro reported 1H revenue of NT$341.81 billion.
  • The company’s earnings per share (EPS) stood at NT$0.81.
  • Operating profit for the first half of the year was NT$4.38 billion.
  • Formosa Petro achieved a net income of NT$7.76 billion.
  • Analyst recommendations include: 2 buys, 9 holds, and 2 sells.



A look at Formosa Petrochemical Smart Scores

FactorScoreMagnitude
Value4
Dividend4
Growth3
Resilience4
Momentum3
OVERALL SMART SCORE3.6

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

Formosa Petrochemical Corp. stands favorably in the long-term outlook based on the Smartkarma Smart Scores. With strong scores in Value, Dividend, Resilience, and a solid overall performance in Growth and Momentum, the company appears well-positioned for stability and potential growth. As a key player in the refining and marketing of petroleum and petrochemical products, Formosa Petrochemical‘s business model demonstrates promise for sustained value creation and shareholder returns over the long run.

Formosa Petrochemical Corp. is a leading player in the oil refining and petrochemical industry, with a focus on producing a range of essential products including gasoline, diesel, jet fuel, and petrochemical derivatives. Additionally, with its ownership of utility centers and involvement in electricity generation, the company has diversified revenue streams and a resilient operational framework. The company’s solid Smartkarma Smart Scores, particularly in areas of Value, Dividend, and Resilience, underline its robust overall outlook and potential for long-term performance in a competitive market environment.


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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Vedanta Ltd (VEDL) Earnings: 1Q Net Income Surges 37%, Beating Estimates

By | Earnings Alerts



Vedanta 1Q Highlights

  • Vedanta’s net income for the first quarter was 36.1 billion rupees, up 37% year-over-year, surpassing the estimated 23.53 billion rupees.
  • Revenue reached 352.4 billion rupees, marking a 5.7% increase from last year, though slightly below the expected 360.92 billion rupees.
  • Total costs decreased by 3.8% year-over-year to 307.7 billion rupees.
  • Finance costs rose by 5.2% to 22.2 billion rupees, less than the predicted 24.58 billion rupees.
  • Other income saw a significant increase of 71% year-over-year, totaling 9.34 billion rupees.
  • Zinc international sales dropped by 32% to 7.53 billion rupees, underperforming compared to the estimate of 8.26 billion rupees.
  • Copper sales remained steady at 47.3 billion rupees, though below the estimate of 49.21 billion rupees.
  • Iron ore sales decreased by 35% year-over-year to 13.2 billion rupees, falling short of the estimated 21.08 billion rupees.
  • Analyst ratings include 8 buys, 4 holds, and 1 sell recommendation.



A look at Vedanta Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth2
Resilience2
Momentum5
OVERALL SMART SCORE3.4

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

Analysts are eyeing Vedanta Ltd with interest as the company’s Smartkarma Smart Scores paint a mixed picture for its long-term prospects. With a top-notch score in dividends and momentum, investors are attracted to Vedanta’s strong dividend payouts and positive price performance. However, concerns loom over the company’s growth and resilience scores, which are on the lower end. This indicates some uncertainty around Vedanta’s ability to expand and weather potential market turbulence in the future. Nevertheless, with a solid value score, Vedanta remains an appealing option for investors seeking stable returns in the base metals sector.

Vedanta Limited, a company deeply rooted in mining and exporting base metals like zinc, iron ore, copper, silver, and aluminium, is navigating a landscape of varied Smart Scores. While boasting a stellar dividend and momentum score, Vedanta faces challenges in growth and resilience metrics. These scores indicate a potential need for strategic positioning to foster growth and enhance operational resilience. Despite these hurdles, Vedanta’s strong value score provides a foundation of stability, offering investors a promising opportunity in the global metals market. Vigilant monitoring of Vedanta’s progress in key areas will be crucial for those tracking its long-term performance.


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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Finecobank Banca Fineco (FBK) Earnings: July Net Inflows Reach EU755 Million with Strong YTD Performance

By | Earnings Alerts
  • Net Inflows for July: FinecoBank reported net inflows of €755 million for July.
  • Assets Under Management: Out of the total net inflows, €304 million were attributed to assets under management.
  • Year-to-Date Net Sales: As of the current year-to-date, FinecoBank has achieved net sales totaling €5.8 billion.
  • Year-to-Date Assets Under Management: Year-to-date, assets under management stand at €1.8 billion.
  • Stock Ratings: FinecoBank has received 12 buy ratings, 3 hold ratings, and 3 sell ratings from analysts.

A look at Finecobank Banca Fineco Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience5
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, Finecobank Banca Fineco is showing promising signs for long-term growth and stability. With strong scores in Dividend, Growth, Resilience, and Momentum, the overall outlook for the company looks positive. A high score in Dividend indicates that the company is committed to rewarding its shareholders, while scores in Growth and Momentum point towards potential expansion and market performance. Additionally, the top score in Resilience suggests that Finecobank Banca Fineco is well-equipped to withstand economic challenges.

Finecobank Banca Fineco SpA offers a comprehensive range of banking services, including savings, investments, mortgage loans, financing, insurance, and online banking. The company’s solid performance across various Smart Scores underscores its position as a reliable and forward-thinking financial institution. Investors may find Finecobank Banca Fineco attractive for its balanced approach to value, dividends, growth, and resilience in the market, making it a viable option for long-term investment strategies.


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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TVS Motor (TVSL) Earnings: 1Q Net Income Surpasses Estimates with a 23% Increase

By | Earnings Alerts
  • TVS Motor’s net income for the first quarter: 5.77 billion rupees, a 23% increase year-over-year. This surpassed the estimate of 5.62 billion rupees.
  • Revenue reached 83.8 billion rupees, showing a 16% rise year-over-year and slightly beating the estimate of 83.76 billion rupees.
  • Total costs amounted to 76.3 billion rupees, growing by 14% compared to the last year.
  • Other income decreased by 37% year-over-year to 362.9 million rupees.
  • EBITDA came in at 9.6 billion rupees, reflecting a 26% increase year-over-year and above the estimate of 9.47 billion rupees.
  • EBITDA margin improved to 11.5% from 10.6% year-over-year, also exceeding the estimate of 11.2%.
  • Analyst ratings: 21 buys, 9 holds, and 12 sells.

TVS Motor on Smartkarma

Analysts on Smartkarma, like Pranav Bhavsar, are providing insight into companies like TVS Motor. In a recent report titled “Fundamental Longs – TVS Motors | Nestle India | Honasa,” Bhavsar discusses identifying fundamental longs through various factors like earnings surprises, EPS upgrades, and management narratives. Specifically, TVS Motor is highlighted as a stock to watch, with potential surprises in the electric vehicles (EVs) sector. Nestle India is seen as offering safety in the current market environment, while Honasa Consumer might be on the cusp of a turnaround.


A look at TVS Motor Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

TVS Motor Company Limited, a leading manufacturer of motorcycles, mopeds, and scooters, is poised for a bright future as indicated by the Smartkarma Smart Scores. With a strong momentum score of 4, the company shows promising growth potential, supported by a solid growth score of 4. Additionally, a respectable dividend score of 3 reflects its commitment to rewarding shareholders. Although the value and resilience scores stand at 2 each, the overall outlook remains positive for TVS Motor, thanks to its robust performance in key areas.

TVS Motor Company Limited, a key player in the Indian market, continues to demonstrate resilience despite facing challenges. The company’s focus on growth, underscored by a score of 4 in the Smartkarma Smart Scores, indicates a strategic vision for the future. While aspects like value and resilience scored 2, TVS Motor’s momentum score of 4 highlights its strong upward trajectory. With a dividend score of 3, the company remains dedicated to providing returns to its shareholders. Overall, TVS Motor Company Limited appears well-positioned for long-term success in the evolving automotive 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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Fuyao Group Glass Industr A (600660) Earnings: 1H Net Income Hits 3.50B Yuan with 22 Buy Ratings

By | Earnings Alerts
  • Fuyao Glass 1H Net Income: The company reported a net income of 3.50 billion yuan in the first half of the year 2024.
  • Revenue: Fuyao Glass achieved a revenue of 18.34 billion yuan during this period.
  • Earnings Per Share (EPS): The EPS for the first half of 2024 stood at 1.34 yuan.
  • Analyst Recommendations:
    • 22 analysts recommend buying Fuyao Glass shares.
    • 1 analyst suggests holding.
    • No analysts recommend selling.

A look at Fuyao Group Glass Industr A Smart Scores

FactorScoreMagnitude
Value2
Dividend4
Growth4
Resilience3
Momentum5
OVERALL SMART SCORE3.6

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 the Smartkarma Smart Scores, Fuyao Group Glass Industr A shows promising long-term potential. With strong scores in Dividend and Growth, the company is well-positioned to provide returns to its investors while also expanding its operations. Additionally, Fuyao Group Glass Industr A displays high Momentum, indicating a positive trend in its stock performance.

Fuyao Group Glass Industr A, a company specializing in automobile glass and industrial glassware, has garnered notable scores in various key areas, showcasing its solid foundation and growth prospects. With an international market presence, the company is poised to capitalize on global opportunities in the glass 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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Nanya Technology (2408) Earnings: July Sales Surge to NT$2.75 Billion, Up 12.7%

By | Earnings Alerts
  • Nanya Tech’s July Sales: The company’s sales for July 2024 amounted to NT$2.75 billion.
  • Sales Increase: There was a significant increase in sales, with a rise of 12.7% compared to the previous period.
  • Analyst Opinions:
    • Buy Recommendations: 16 analysts recommend buying Nanya Tech stock.
    • Hold Recommendation: 1 analyst advises holding the stock.
    • Sell Recommendation: 1 analyst suggests selling the stock.

Nanya Technology on Smartkarma



Analysts on Smartkarma have provided varying insights on Nanya Technology. Vincent Fernando, CFA, in one report titled “Latest Results & Guidance Make 2024E Consensus Hard to Achieve; Underperform,” expressed concerns about Nanya’s net loss in 2Q24 and the company’s cautious outlook, suggesting a potential need for the Street to lower 2024E estimates. Another report by William Keating, adopting a bullish stance, highlighted positive revenue growth in Q124 for Nanya amidst overall profitability challenges in the industry.

Vincent Fernando, CFA, in a separate report, pointed out that while DRAM industry pricing is forecasted to rise through 2024E, Nanya is underperforming financially compared to its peers due to specific market dynamics. Conversely, another report by Vincent Fernando, CFA, recognized Micron’s success and Nanya’s potential to benefit from industry trends despite lagging behind in certain product lines, showcasing a nuanced view on Nanya’s position in the semiconductor market.



A look at Nanya Technology Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth2
Resilience4
Momentum2
OVERALL SMART SCORE3.4

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

In assessing the long-term outlook for Nanya Technology Corp, the Smartkarma Smart Scores provide valuable insights across key factors. With a strong Value score of 5, the company is deemed to be undervalued relative to its peers, indicating potential for favourable returns for investors. Additionally, Nanya Technology scores well in terms of Dividend and Resilience with scores of 4, reflecting a stable dividend payout and the ability to weather market volatility. However, the company lags in Growth and Momentum, scoring 2 in both areas, suggesting slower expansion and stock price performance. Overall, the combination of high Value and Resilience scores positions Nanya Technology as a solid long-term investment option.

Nanya Technology Corp, a leading manufacturer of dynamic random access memories (DRAMs), is known for its robust presence in Taiwan and strong global export operations. The company’s focus on producing memory products has garnered it high recognition in the industry. With its top scores in Value and Resilience, Nanya Technology showcases its potential for long-term stability and growth. Although facing challenges in terms of Growth and Momentum, the company’s established market position and commitment to value creation make it an attractive prospect for investors seeking reliable returns over time.


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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