• Kubota’s operating income for 1Q was 102.95 billion yen, experiencing a marginal decline of 0.3% from last year. This surpassed estimates which were at 100.77 billion yen.
• The net income was 72.92 billion yen, a 5.5% increase from the year before. The estimated net income was just slightly higher at 73.5 billion yen.
• Net sales for the quarter were down by 0.8% y/y to 775.23 billion yen, slightly under the estimated 781.4 billion yen.
• Looking ahead to the first half forecast, Kubota expects net sales to be sustained at 1.55 trillion yen. It also keeps its operating income prediction at 180.00 billion yen and net income at 130.00 billion yen.
• For the full year forecast, Kubota maintains its operating income estimate at 320.00 billion yen, which is slightly above the 319.33 billion yen estimate. It also anticipates a net income of 226.00 billion yen, which is just under the 226.16 billion yen estimate.
• The company continues to expect net sales for the year to reach 3.05 trillion yen, slightly above the estimated 3.03 trillion yen.
• Based on provided information, currently there are 8 buys, 5 holds and 1 sell for Kubota’s stocks.
A look at Kubota Corp Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Looking ahead, Kubota Corp seems to have a promising long-term outlook based on its Smartkarma Smart Scores. With a strong momentum score of 5, the company is showing positive trends in the market. Additionally, Kubota Corp scores well in growth with a score of 4, indicating potential for expansion. While its value and dividend scores sit at a solid 3, suggesting stability and returns for investors. Despite a resilience score of 2, Kubota Corp‘s overall outlook appears positive, especially with its high momentum and growth ratings.
Kubota Corporation, a manufacturer of industrial and farm machinery, along with fluid piping systems, continues to demonstrate strength in various aspects according to its Smartkarma Smart Scores. The company’s diverse product range includes engines, tractors, harvesters, and excavators, showcasing its robust presence in the market. With balanced scores in value and dividend, coupled with strong growth and momentum scores, Kubota Corp appears well-positioned for sustained growth and performance in the long term.
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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