- Hitachi’s forecasted net income for the fiscal year is 710 billion yen, which is lower than the estimated 801.79 billion yen.
- The company expects net sales to reach 10.10 trillion yen, falling short of the anticipated 10.54 trillion yen.
- In the fourth quarter, Hitachi reported a net income of 184.94 billion yen, which did not meet the expected 218.39 billion yen.
- Fourth quarter net sales were recorded at 2.77 trillion yen, slightly above the 2.75 trillion yen forecast.
- For the entire year, Hitachi’s adjusted operating income was 971.61 billion yen, surpassing the estimate of 937.5 billion yen.
- The company’s stock has received 18 buy ratings, 3 hold ratings, and no sell ratings from analysts.
A look at Hitachi Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.6 |
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
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Hitachi Ltd. has a mixed outlook based on the Smartkarma Smart Scores. While the company scores moderately in terms of value and dividend, it shows stronger potential for growth, resilience, and momentum. With a diversified product line that includes communications equipment, industrial machinery, and consumer electronics, Hitachi has positioned itself across various sectors. The company’s ability to adapt to changing market conditions and maintain steady growth indicates positive long-term prospects.
Despite facing some challenges in certain areas, Hitachi Ltd.’s overall performance suggests a promising future. Its emphasis on growth, resilience, and momentum signifies a dynamic approach in the market. As a manufacturer of a wide range of products, from nuclear power systems to kitchen appliances, Hitachi demonstrates versatility in meeting consumer needs. By leveraging its strengths and addressing areas of improvement, Hitachi could capitalize on opportunities for sustained growth and success in the long run.
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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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