- Axfood’s operating profit for the third quarter was SEK 1.01 billion, which fell short of the estimated SEK 1.1 billion.
- The company’s net sales during the same period were SEK 20.90 billion, missing the forecasted SEK 21.01 billion.
- The stock received mixed analyst recommendations: 3 buy ratings, 3 hold ratings, and 2 sell ratings.
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A look at Axfood AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| 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
Analysts using Smartkarma Smart Scores have provided a snapshot of Axfood AB‘s long-term outlook based on various factors. In terms of overall value, the company has received a moderate score, suggesting a fair valuation in the market. With a strong emphasis on dividends, Axfood AB has been rated highly in this category, indicating a good track record of returning profits to shareholders. Additionally, the company shows promising momentum, scoring well in this area, which could hint at positive price trends in the future.
Axfood AB‘s growth prospects have been assessed as moderate, reflecting a steady trajectory for the company. While its resilience score is not as high, indicating some vulnerability, overall, Axfood AB appears to be a solid player in the food retail industry with a diverse portfolio of supermarkets, discount stores, and distribution centers in Sweden.
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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