- JB Hi-Fi reported sales of A$5.67 billion for the first half of the year.
- The sales figure exceeded analyst estimates of A$5.54 billion.
- An interim dividend of A$1.7000 per share has been announced.
- Market analysts have issued recommendations consisting of 4 buys, 7 holds, and 5 sells for JB Hi-Fi.
A look at JB Hi-Fi Ltd Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
JB Hi-Fi Limited, a renowned music and electronic goods retailer in Australia, is positioned for a promising long-term outlook according to Smartkarma Smart Scores. With a solid Momentum score of 5, the company is showing strong positive trends in performance. JB Hi-Fi also scored well in Growth and Resilience, both receiving a score of 3, indicating a stable and growing business model. Additionally, the Dividend score of 3 suggests a moderate but consistent return for investors. While the Value score of 2 is lower compared to other factors, JB Hi-Fi’s overall outlook appears optimistic based on the combination of these scores.
Operating stores across various Australian states, JB Hi-Fi Limited offers a wide range of consumer electronics, car sound systems, music, and DVDs. With steady Growth and Resilience scores, along with a high Momentum score reflecting positive performance trends, the company demonstrates potential for continued success in the long term. Investors may find JB Hi-Fi’s combination of factors appealing, indicating a favorable outlook for the company’s future prospects in the competitive retail 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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