- Epiroc’s 2Q orders amounted to SEK 16.35 billion, closely matching the estimate of SEK 16.28 billion.
- The company’s operating profit for the quarter was SEK 2.92 billion, falling short of the expected SEK 3.32 billion.
- Epiroc’s shares saw a decline of 3.4%, trading at SEK 209.10, with a volume of 181,063 shares traded.
- Analyst recommendations include 6 buys, 11 holds, and 8 sells for Epiroc’s stock.
A look at Epiroc Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 3 | |
| 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
Epiroc Aktiebolag, a provider of construction and mining machinery, has garnered favorable Smartkarma Smart Scores across various key factors. With solid scores in Growth, Resilience, and Momentum, Epiroc is poised for a promising long-term outlook. The company’s focus on expansion and innovation, combined with its ability to adapt to market challenges, highlights its potential for sustained growth and competitiveness in the industry.
Despite moderate scores in Value and Dividend, Epiroc’s overall outlook remains positive, supported by its comprehensive product offerings and global customer base. As Epiroc continues to strengthen its position in the construction and mining equipment market, investors may find confidence in the company’s capacity to capitalize on growth opportunities and navigate changing market dynamics.
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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