- Reece’s full-year net income for fiscal year 2024 is A$419.2 million.
- The net income meets analysts’ estimates of A$415.7 million.
- The final dividend per share is set at A$0.1775.
- Analyst recommendations include 0 buys, 4 holds, and 9 sells.
A look at Reece Ltd Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 2 | |
Dividend | 2 | |
Growth | 4 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 2.8 |
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
Reece Ltd has a mixed outlook based on the Smartkarma Smart Scores, with ratings varying across different factors. The company scores higher on Growth and Momentum, indicating favorable prospects in terms of expansion and market performance. This suggests potential for long-term development and positive market sentiment. However, Reece Ltd receives average scores for Value, Dividend, and Resilience, which may pose challenges in terms of financial valuation, dividend payouts, and resilience to economic fluctuations.
Reece Limited, a plumbing, building, and hardware merchant in Australia, operates national stores offering a range of household products. Catering to various customer segments including plumbers, consumers, architects, builders, and interior designers, Reece Ltd plays a crucial role in the domestic market. With solid Growth and Momentum scores, the company may see enhanced growth opportunities and market traction in the future. However, the average ratings for Value, Dividend, and Resilience suggest a need for careful consideration of these aspects for a well-rounded assessment of Reece Ltd‘s long-term prospects.
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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