- Makita has updated its forecast for full-year operating income to 99.00 billion yen, exceeding both the previous figure of 85.00 billion yen and the market estimate of 89.99 billion yen.
- The company’s projected net income for the fiscal year is now 72.00 billion yen, surpassing the earlier figure of 61.00 billion yen and the estimate of 63.83 billion yen.
- Despite the strong profit forecasts, Makita maintains its net sales forecast at 730.00 billion yen, which is below the estimate of 758.37 billion yen.
- For the third quarter, Makita achieved an operating income of 30.92 billion yen, marking a significant year-over-year increase of 90%, and exceeding the estimate of 20.87 billion yen.
- Net sales for the third quarter reached 182.11 billion yen, a slight increase of 0.6% year-over-year, but slightly under the estimate of 184.12 billion yen.
- Net income for the same period rose to 23.64 billion yen, compared to 11.82 billion yen a year ago, and beat the estimate of 14.08 billion yen.
- Analyst recommendations for Makita stock include 7 buy ratings and 8 hold ratings, with no sell ratings reported.
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A look at Makita Corp Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 3 | |
Dividend | 2 | |
Growth | 3 | |
Resilience | 4 | |
Momentum | 3 | |
OVERALL SMART SCORE | 3.0 |
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, Makita Corp seems to have a positive long-term outlook overall. With a strong score in resilience and decent scores in value, growth, and momentum, the company is positioned well in the market. Makita Corporation, known for its range of electric power tools and accessories, appears to have a solid foundation for future growth and stability.
Although the dividend score is lower compared to other factors, the company’s focus on producing high-quality power tools and providing repair services adds to its overall appeal for investors. Makita Corp‘s combination of innovation, reliability, and market presence indicates a promising future ahead, making it a noteworthy player in the 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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