- Otsuka HDS cuts its full-year (FY) operating income forecast to 302.00 billion yen from 330.00 billion yen. The estimate was 298.14 billion yen.
- FY net income forecast sees a reduction to 240.00 billion yen, down from 250.00 billion yen. The estimate was 232.32 billion yen.
- FY net sales forecast increases to 2.32 trillion yen, up from 2.14 trillion yen. The estimate was 2.22 trillion yen.
- The company still plans to issue a dividend of 120.00 yen, in line with the estimate of 120.11 yen.
- For the second quarter, operating income was 34.26 billion yen, down 36% year-on-year. The estimate was 44.66 billion yen.
- Second quarter net income was 30.42 billion yen, a decrease of 26% year-on-year, compared to an estimate of 44.06 billion yen.
- Second quarter net sales rose 18% year-on-year to 589.41 billion yen, surpassing the estimate of 554.05 billion yen.
- Market analysts’ opinions: 5 buy ratings, 5 hold ratings, and 1 sell rating.
A look at Hyundai Dept Store Co Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 2 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
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
Analysts at Smartkarma have assessed Hyundai Dept Store Co using a range of factors to determine its long-term outlook. With a top score of 5 in value and a strong showing in dividends at 4, the company demonstrates solid financial fundamentals. However, its growth score of 2 indicates that there may be room for improvement in this area. In terms of resilience and momentum, Hyundai Dept Store Co scored a 3, reflecting a moderate stability in the face of market uncertainties and a fair level of ongoing investor interest.
Hyundai Dept Store Co, known for its nationwide chain of department stores operating under the Hyundai Department name, also engages in home shopping activities through cable channels. The company’s impressive value and dividend scores suggest a strong foundation, while the growth score highlights a potential area for development. With reasonable scores in both resilience and momentum, Hyundai Dept Store Co appears to be positioned steadily in the market, albeit with room for growth in certain aspects.
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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