ASICS Corp (7936) Earnings: FY Operating Income Forecast Surpasses Estimates

ASICS Corp on Smartkarma

Analyst coverage of ASICS Corp on Smartkarma reveals contrasting views on the company’s performance. Mark Chadwick, in the report titled “Asics (7936) | Raising the Bar,” highlights strong growth in profit margins, market share, and brand strength for ASICS, projecting significant sales and operating profit increases for FY2024. Conversely, Chadwick’s “Asics (7936) | Pumping the Brakes” report cautions shareholders against overlooking disappointing quarterly results and increasing competition from Nike and On. Despite this, in “Asics (7936) | Slow Out of the Blocks,” Chadwick remains optimistic about ASICS’ growth potential and undervalued stock price when compared to peers.

Another analyst on Smartkarma, Michael Causton, in the report “Asics: Aiming for No. 1,” sheds light on ASICS’ ambitious goal to become the top performance running brand globally by 2026. Causton mentions the company’s investments in race platforms for data and expansion of the Onitsuka Tiger brand in Asia, foreseeing potential growth opportunities ahead. These varying perspectives from analysts offer investors valuable insights into the future prospects and challenges facing ASICS Corp.

A look at ASICS Corp Smart Scores

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

ASICS Corp, a manufacturer of general sporting goods and equipment, is set for a promising long-term outlook according to Smartkarma Smart Scores. With a strong focus on growth and momentum, ASICS Corp scores high in these areas, indicating a positive potential for future development and market performance. The company’s dedication to innovation and expansion is reflected in its high scores for Growth and Momentum, suggesting a progressive path ahead.

Despite facing some challenges in terms of value and dividend, ASICS Corp‘s resilience score of 3 signifies a moderate ability to withstand fluctuations and navigate uncertainties in the market. Overall, with a balance of strengths in growth and momentum, ASICS Corp could be positioned for continued success in the sporting goods industry, leveraging its distribution networks in key regions like the United States, Europe, Australia, 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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