- Inpex has increased its full year operating income forecast to 1.21 trillion yen, previously at 1.01 trillion yen.
- There is an increase seen in the net income, with a new forecast of 360.00 billion yen, previously at 330.00 billion yen.
- A projected rise is seen in net sales, with the current prediction standing at 2.18 trillion yen as opposed to the previous 1.93 trillion yen.
- Inpex’s dividend is expected to hit 76.00 yen.
- For the first half forecast, there is an expected increase in net sales to 1.15 trillion yen from the previous 1.04 trillion yen.
- The company also sees its operating income to surge higher to 666.00 billion yen, previously being 544.00 billion yen.
- The forecasted net income is also predicted to rise to 205.00 billion yen from a previous 155.00 billion yen.
- First quarter results exhibited an operating income of 380.10 billion yen, which beat the estimate of 319 billion yen.
- Net income, however, was slightly lower than estimated with it being 121.83 billion yen, while the estimate stood at 125.41 billion yen.
- The net sales were also slightly less than estimated at 596.80 billion yen, with the estimate being 615.47 billion yen.
- Currently, the consensus among analysts is very positive with 7 buys, 3 holds, and no sells.
A look at Inpex Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.4 |
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
INPEX CORPORATION, a holding company formed from the merger of INPEX Corp and Teikoku Oil, is positioned for long-term success based on the Smartkarma Smart Scores. With a top score in Value, the company is deemed to have strong fundamentals and is potentially undervalued in the market. Coupled with a high Growth score, Inpex Corp is expected to expand and increase its market share over time. Additionally, a solid Momentum score implies positive price trends and investor sentiment towards the company’s stock.
The company’s commitment to rewarding investors is evident through a respectable Dividend score, showcasing its ability to provide consistent returns to shareholders. However, Inpex Corp‘s slightly lower Resilience score may indicate some vulnerability to economic downturns or industry challenges. Overall, the company’s robust scores across various factors suggest a favorable long-term outlook for investors seeking steady growth and potential value appreciation.
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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