- Airtac’s net income for the first quarter was higher than expected, coming in at NT$1.83 billion compared to the estimated NT$1.74 billion.
- The operating profit reported by Airtac was NT$2.16 billion.
- Earnings per share (EPS) for Airtac exceeded the estimate. It was at NT$9.15 against the estimated NT$\8.69.
- However, Airtac’s revenue of NT$7.21 billion fell slightly short of the NT$7.44 billion estimate.
- The analysts’ outlook on Airtac is mostly positive: 17 analysts recommend buying, four recommend holding, and only one recommends selling.
“`
A look at Airtac International Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
Analysts at Smartkarma have assessed Airtac International‘s long-term outlook using their Smart Scores, which provide a comprehensive evaluation of various factors influencing the company’s performance. With a solid Growth score of 4 and a Momentum score of 4, Airtac International shows promising signs for future expansion and market traction. Coupled with a Resilience score of 3, indicating a company capable of withstanding market challenges, Airtac International demonstrates a potential for sustained success in the long run.
While the company’s Value and Dividend scores are more modest at 2 each, Airtac International‘s focus on manufacturing pneumatic components and providing comprehensive after-sales support positions it as a key player in the industry. This unique combination of product quality and customer service, as described by the company, underscores Airtac International‘s commitment to delivering reliable pneumatic equipment and ensuring customer satisfaction.
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
💡 Before it’s here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- ✓ Unlimited Research Summaries
- ✓ Personalised Alerts
- ✓ Custom Watchlists
- ✓ Company Analytics and News
- ✓ Events & Webinars
