Earnings Alerts

Hyundai Motor (005380) Earnings: 2Q Operating Profit Surpasses Estimates with Record Sales

  • Hyundai Motor‘s operating profit for Q2 was 4.28 trillion won, surpassing the estimate of 4.2 trillion won.
  • The company’s net profit reached 3.97 trillion won, exceeding the forecast of 3.4 trillion won.
  • Sales for the quarter were 45.02 trillion won, higher than the expected 44.15 trillion won.
  • The company received 32 buy recommendations, with no hold or sell ratings.

Hyundai Motor on Smartkarma

Analyst coverage of Hyundai Motor on Smartkarma provides diverse insights into the company’s activities and future plans. Tech Supply Chain Tracker reports on Hyundai’s addition of 300 new charging stations to support the expansion of their hydrogen bus fleet, promoting eco-friendly transportation options. Sanghyun Park, in a bullish analysis, anticipates Hyundai Motor unveiling a special shareholder return plan during the upcoming CEO Investor Day in August, aiming to boost shareholder returns by canceling shares annually.

Another report by Douglas Kim highlights the potential for “double dividends” opportunities in Korea, with Hyundai Motor offering attractive dividend yields at current prices. Sanghyun Park also emphasizes the importance of tracking dividend record dates, with Hyundai Motor leading in this aspect. These independent analyst reports on Smartkarma offer valuable perspectives on Hyundai Motor‘s strategic initiatives and financial performance.


A look at Hyundai Motor Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience2
Momentum5
OVERALL SMART SCORE4.2

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, the long-term outlook for Hyundai Motor looks promising. With high scores in key areas such as Dividend, Growth, and Momentum, the company appears to be well-positioned for future success. Hyundai Motor‘s strong performance in these factors indicates potential for solid returns for investors.

Although Hyundai Motor scored lower in Resilience, the overall positive scores in other areas suggest that the company has the potential to overcome challenges and continue to grow. With a strong presence in manufacturing, sales, and exports of vehicles, as well as a range of financial services, Hyundai Motor seems to have a diversified business model that could support its long-term sustainability and success in the automotive industry.


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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