- Dassault Systemes has lowered its full-year non-IFRS EPS growth forecast at constant FX to 8%-11%, down from the previous 10%-12% estimate.
- Non-IFRS revenue growth forecast at constant currencies is now 6%-8%, previously projected at 8%-10%.
- Preliminary second-quarter non-IFRS EPS is €0.30, matching the estimate.
- Preliminary second-quarter non-IFRS revenue at constant currencies grew approximately 4%, below the estimate of 8.06%.
- Preliminary second-quarter non-IFRS revenue was €1.50 billion, slightly under the €1.55 billion estimate.
- Dassault Systemes is updating its FY 2024 objectives to account for market volatility, anticipating total revenue growth in the range of 6%-8% and diluted EPS growth in the range of 8%-11% year-over-year.
- The company cited a shortfall of about €30 million, or 2%, in their second-quarter revenue guidance due to delays in large transactions.
- Despite the delays, all postponed deals are still expected to take place in future quarters.
- The company anticipates ongoing volatility in customer decision-making, which has been factored into their updated full-year outlook.
- Current analyst ratings include 12 buys, 10 holds, and 3 sells.
A look at Dassault Systemes Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| 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 utilizing the Smartkarma Smart Scores have assessed Dassault Systemes’ long-term outlook across several key factors. The company, operating in the software industry, has garnered favorable ratings for Growth and Resilience, scoring 4 out of 5 for both. This suggests a positive trajectory for Dassault Systemes in terms of expanding its business and weathering potential challenges. While the Value and Dividend scores stand at 2, indicating room for improvement in these areas, the Momentum score of 3 showcases a moderate level of market momentum for the company.
Dassault Systemes, known for its 3Dexperience platform enabling the creation of innovative products through virtual experiences, caters to various industries globally. With strengths in Growth and Resilience, the company appears well-positioned for continued development and adaptability. Investors may find Dassault Systemes an appealing prospect based on its capabilities to drive growth and maintain stability, despite some room for enhancement in value and dividends based on the Smartkarma Smart Scores assessment.
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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