- Hero MotoCorp sold 498,123 vehicles in May 2024.
- This is a 4.1% decrease compared to May 2023, when they sold 519,474 units.
- Motorcycle sales totaled 471,186 units, a 3.7% drop year-over-year.
- Exports surged significantly, reaching 18,673 units, a 67% increase from the previous year.
- Analyst recommendations: 28 buys, 7 holds, and 7 sells.
A look at Hero Motocorp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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
Based on the Smartkarma Smart Scores, Hero Motocorp seems to have a positive long-term outlook. With a strong Dividend score of 5, investors may find comfort in the company’s history of consistently rewarding shareholders. This, coupled with a Resilience score of 5, suggests that the company has shown stability in navigating challenges and could weather potential economic downturns well.
Additionally, Hero Motocorp‘s Momentum score of 5 indicates a promising trend in the company’s growth trajectory, while a Growth score of 3 signifies potential for further expansion. Although the Value score of 2 is not as high, the overall performance across other factors could still make Hero Motocorp an attractive investment option in the long run.
Summary: Hero MotoCorp Ltd. designs, manufactures, and distributes motorcycles along with related parts and accessories.
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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