Krafton (259960) Earnings: 2Q Operating Profit Surges, Beating Estimates Wildly

Krafton on Smartkarma

Analysts on Smartkarma like Douglas Kim and Sumeet Singh have been actively covering Krafton, the South Korean gaming company. Douglas Kim‘s insight, “Alpha Generation Through Share Buybacks in Korea,” highlights Krafton’s announcement of a share buyback program alongside other major companies like Celltrion Inc and Woori Financial Group. Meanwhile, in another report, Kim discusses SK Square’s plan to sell a 2.2% stake in Krafton in a block deal sale worth about 270 billion won, indicating a positive sentiment towards Krafton’s valuation and growth prospects.

Sumeet Singh‘s analysis, “Krafton Placement – Stock Has Been Doing Well, Momentum Remains Strong,” focuses on SK Square’s attempt to raise around US$198 million by selling 2.1% of Krafton. Singh emphasizes the stock’s strong performance in recent months, with robust earnings and price momentum. This positive coverage by top independent analysts underscores the market interest and confidence in Krafton’s future growth and investment potential.

A look at Krafton Smart Scores

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

Analysis of Krafton’s long-term outlook, based on Smartkarma Smart Scores, reveals a positive overall perspective. With a strong Growth score of 4, Krafton is positioned well for expansion and development in the gaming industry. This indicates future potential for the company’s market presence and revenue growth. Furthermore, the high Resilience and Momentum scores of 5 suggest that Krafton has a stable and robust business model, with the ability to adapt to challenges and maintain steady performance. These factors collectively contribute to a promising outlook for Krafton’s long-term success in the market.

Despite some areas for improvement, such as a lower Dividend score of 1, Krafton’s overall outlook is bolstered by its strengths in Growth, Resilience, and Momentum. As a game development company with a focus on console, mobile, and computer games in South Korea, Krafton’s strategic positioning in the industry aligns well with the positive Smartkarma Smart Scores. Investors may find Krafton to be an attractive option for long-term investment based on these favorable indicators.

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.
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