- Nissan forecasts an operating income of 600.00 billion yen, surpassing estimates of 579.97 billion yen.
- They project a net income of 380.00 billion yen, which is lower than the estimated 408.15 billion yen.
- Nissan predicts net sales to reach 13.60 trillion yen, above the estimated 13.1 trillion yen.
- They aim to pay a dividend of 25.00 yen, higher than the estimated 22.12 yen.
- For the fourth quarter, the operating income realizes at 90.34 billion yen, contrasting the estimate of 115.56 billion yen.
- The net income in the same quarter is 101.30 billion yen, surpassing the 71.51 billion yen forecast.
- Net sales for the quarter total 3.51 trillion yen, slightly below the estimated 3.56 trillion yen.
- A dividend of 15.00 yen is paid for the year.
- Japan experiences an operating profit of 108.11 billion yen, below the estimated 119.67 billion yen.
- North America makes an operating profit of 334.49 billion yen, below the estimated 344.22 billion yen.
- Europe sees an operating loss of 17.33 billion yen, contrasting the estimated profit of 12.47 billion yen.
- Asia, excluding Japan, realizes an operating profit of 109.21 billion yen, beating the 86.73 billion yen estimate.
- The total cash on hand and in banks is 1.90 trillion yen, lower than the estimated 2.08 trillion yen.
- The expert opinions amount to 6 buys, 11 holds, and 2 sells for Nissan’s stocks.
Nissan Motor on Smartkarma
Analyst coverage of Nissan Motor on Smartkarma has been active recently. In a report by Sumeet Singh titled “ECM Weekly (12th Feb 2024) – Nissan/Renault, Metcash, Digital Core, SBFC, Thai Credit, Park Hotel,” Aequitas Research provides a weekly update on deals covered by the team, including insights on upcoming IPOs. The report highlights developments in Thai Credit Bank’s IPO and the resurgence of REITs, indicating renewed market activity.
In another report by Sumeet Singh titled “Nissan’s Renault Led Selldown Updates – Lack of Ampere Listing Brings Back the US$4bn Overhang,” the focus is on the relationship between Nissan and Renault, specifically Renault’s 28% stake in Nissan. The report discusses recent selldowns by Renault and the impact of the cancellation of Ampere’s listing on potential future selldowns. The analysis provides valuable insights into the implications of these developments on Nissan’s financial outlook.
A look at Nissan Motor Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 5 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
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
When looking at the long-term outlook for Nissan Motor, the Smartkarma Smart Scores provide a comprehensive overview. With a top score in Value, Nissan Motor is valued highly in terms of its financials and market position. This indicates a strong foundation for the company’s future growth and performance. Additionally, scoring well in both Dividend and Growth reflects Nissan’s ability to provide returns to investors while also demonstrating potential for expansion and development in the market.
However, the scores for Resilience and Momentum are slightly lower, suggesting areas that Nissan may need to focus on improving to enhance its long-term prospects. Despite this, with a solid foundation in value, dividends, and growth, Nissan Motor is positioned to navigate challenges and capitalize on opportunities in the evolving automotive industry.
Summary of the description of the company: NISSAN MOTOR CO., LTD. manufactures and distributes automobiles and related parts. It also provides financing services. Nissan delivers a comprehensive range of products under various brands. The Company manufactures in Japan, the United States, Mexico, the United Kingdom and many other countries.
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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