Earnings Alerts

Foxconn Technology Corp (2354) Earnings: August Sales Drop 14.1% to NT$6.78B Amid Mixed Analyst Ratings

By September 5, 2024 No Comments
  • Foxconn’s August Sales: The company reported sales of NT$6.78 billion for August 2024.
  • Sales Decline: Sales decreased by 14.1% compared to the previous period.
  • Analyst Ratings: Current analyst ratings include:
    • 0 analysts suggest buying the stock.
    • 1 analyst recommends holding the stock.
    • 1 analyst advises selling the stock.

A look at Foxconn Technology Corp Smart Scores

FactorScoreMagnitude
Value5
Dividend3
Growth3
Resilience5
Momentum3
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

Foxconn Technology Corp is positioned for a bright future ahead, supported by a strong foundation in key areas. With a top score in Value and Resilience, the company shows promising prospects for long-term growth and stability. Their high value score indicates that the company is trading at an attractive price relative to its fundamentals, offering potential for solid returns over time. Furthermore, Foxconn’s resilience score suggests that it is well-equipped to weather economic uncertainties and industry challenges, reinforcing its position as a reliable investment option.

While Foxconn Technology Corp shows strength in Value and Resilience, it also demonstrates solid performance in other areas important for its overall outlook. With respectable scores in Dividend, Growth, and Momentum, the company presents a balanced profile that appeals to investors seeking a mix of income generation, expansion potential, and market momentum. This comprehensive assessment, coupled with its strategic focus as a global engineering solutions partner, underpins Foxconn’s promising trajectory for long-term success in the competitive technology sector.


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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