- Hamamatsu Photonics has cut its full-year operating income outlook, from 48.40 billion yen to 37.50 billion yen, missing estimates of 47.37 billion yen.
- The company’s estimated net income has also been lowered, from 36.70 billion yen to 29.40 billion yen, short of the forecasted 35.49 billion yen.
- Net sales are expected to be 211.10 billion yen, lower than both the previously planned 224.30 billion yen and the estimated 221.07 billion yen.
- Despite these changes, the company maintains its dividend at 76.00 yen.
- The second quarter results reveal a 46% year-on-year decrease in operating income, from the estimated 11.66 billion yen to 8.58 billion yen.
- The net income of the second quarter also plummeted by 37% compared to last year, from estimated 10.67 billion yen to actual 7.83 billion yen.
- The net sales for the second quarter have experienced a decline of 11% compared to last year, from an estimated 55.32 billion yen to 50.47 billion yen.
- The company’s stock market performance stands at 5 buys, 2 holds, and no sells.
- These comparisons are based on values reported by the company in its original disclosures.
Hamamatsu Photonics Kk on Smartkarma
Analyst coverage of Hamamatsu Photonics Kk on Smartkarma indicates a positive outlook amidst recent market fluctuations. Scott Foster, in a comprehensive report titled “Hamamatsu Photonics (6965 JP): Buy into Current Weakness,” highlights the stock’s 27% decline as an opportunity for investors. Foster believes that the decrease in share price adequately reflects factors such as excessive inventory and declining profits, making the current valuation attractive for buyers.
The analyst foresees a rebound in profits for Hamamatsu Photonics, driven by anticipated growth in semiconductor and other sectors as depreciation reaches its peak. With valuations positioned favorably at the lower end of historical ranges, Foster recommends leveraging the current weaknesses to acquire shares. The report underscores the potential for future growth post-inventory adjustments and resurgence in demand from key industries like factory automation and medical-related sectors.
A look at Hamamatsu Photonics Kk 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
Hamamatsu Photonics Kk, a company specializing in electron tubes, semiconductors, and image processors, has garnered a mixed outlook based on the Smartkarma Smart Scores. While the company received moderate scores in Value and Dividend factors, scoring 2 in both aspects, its Growth and Resilience factors fared well with scores of 4 each. This indicates a potentially promising future in terms of growth and stability for the company. Moreover, Hamamatsu Photonics Kk showed decent Momentum with a score of 3, suggesting a positive trend in performance.
The company’s focus on manufacturing photosensitive electronic tubes, optical/image sensors, X-ray related products, laser-related products, and various other technology-driven solutions positions it in a competitive market. With a balanced outlook across different fundamental factors, investors may find Hamamatsu Photonics Kk an interesting prospect for long-term investment, especially considering its strong potential in growth and resilience based on the Smartkarma Smart Scores.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
