Earnings Alerts

Hyundai Motor (005380) Earnings: 3Q Operating Profit Falls Short of Estimates Amid Share Price Dip

By October 24, 2024 No Comments
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  • Hyundai Motor‘s operating profit for the third quarter was 3.58 trillion won, which is below the expected figure of 3.88 trillion won.
  • The net profit stood at 3.05 trillion won, slightly less than the anticipated 3.29 trillion won.
  • Sales reached 42.93 trillion won, just under the estimate of 42.96 trillion won.
  • The company’s stock experienced a decline of 2.3%, trading at 0.24 million won with a volume of 497,412 shares.
  • There are currently 31 buy recommendations, 1 hold, and no sell recommendations for Hyundai Motor‘s shares.

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Hyundai Motor on Smartkarma

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Analyst coverage of Hyundai Motor on Smartkarma reveals various insights from top independent analysts. Brian Freitas analyzed the WisdomTree Emerging Markets High Dividend Index rebalance, highlighting significant trade volume and stock movements within the index. Tech Supply Chain Tracker provided a bearish perspective on the APAC offshore wind market, discussing competition and strategic moves in the industry. Douglas Kim‘s bullish report focused on Hyundai Motor‘s Corporate Value Up policies, aiming for a higher TSR from 2025 to 2027 compared to previous years. Sanghyun Park‘s reports delved into Hyundai Motor‘s Value-Up disclosure and the implications of the release timing and buyback plan, providing valuable insights for investors.

Overall, the analyst coverage of Hyundai Motor on Smartkarma offers a comprehensive view of the company’s strategies, market positioning, and potential trading implications. From examining dividend strategies to corporate value plans, the reports from analysts like Sanghyun Park, Douglas Kim, and others provide valuable insights for investors looking to understand the dynamics influencing Hyundai Motor‘s performance and future prospects.

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A look at Hyundai Motor Smart Scores

FactorScoreMagnitude
Value4
Dividend5
Growth5
Resilience2
Momentum3
OVERALL SMART SCORE3.8

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

Hyundai Motor‘s long-term outlook appears promising, based on the Smartkarma Smart Scores. The company scores high on factors such as dividend and growth, indicating a strong performance in these areas. With a solid value score, Hyundai Motor is deemed to be fundamentally sound in terms of its market valuation. However, the scores also show lower resilience and momentum, suggesting some areas for potential improvement. Overall, Hyundai Motor, a company that manufactures, sells, and exports vehicles along with providing financial services, seems to be well-positioned for growth and stability in the long run.

Hyundai Motor Company, a prominent player in the automobile industry, receives strong ratings for dividend and growth according to the Smartkarma Smart Scores. The company is involved in the manufacturing, selling, and exporting of various types of vehicles, along with offering auto parts and operating repair service centers in South Korea. Despite facing some challenges in terms of resilience and momentum, Hyundai Motor‘s overall outlook remains positive, highlighting its potential for continued success in the market.


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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