- Jarir reported a full-year profit of 974 million riyals, surpassing the estimate of 958.9 million riyals.
- The company’s revenue totaled 10.83 billion riyals, which was slightly below the projected 10.95 billion riyals.
- Operating profit reached 1.05 billion riyals, beating the forecast of 1.03 billion riyals.
- Earnings per share (EPS) were reported at 0.81 riyals.
- Analyst recommendations include 9 “buy,” 6 “hold,” and 1 “sell” ratings.
A look at Jarir Marketing Co Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 5 | |
Growth | 3 | |
Resilience | 3 | |
Momentum | 3 | |
OVERALL SMART SCORE | 3.2 |
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, Jarir Marketing Co shows a positive long-term outlook. The company scores high in dividends, growth potential, resilience, and momentum. With a strong focus on providing dividends to its investors, Jarir Marketing Co has solid financial standing. Additionally, its consistent growth and resilient performance in the market indicate a stable future for the company. The momentum score also suggests that there is positive market sentiment surrounding Jarir Marketing Co‘s stock.
Overall, the Smartkarma Smart Scores reflect a promising outlook for Jarir Marketing Co. As a company engaged in wholesaling and retailing various products including stationery, school supplies, and books, Jarir Marketing Co has established a solid presence in the market. With strong dividend offerings, growth potential, resilience, and positive momentum, investors may find Jarir Marketing Co to be an attractive long-term investment option.
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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