- Renesas reported first-quarter net sales of 308.78 billion yen.
- The sales were in line with market estimates of 310.17 billion yen.
- The company achieved a Non-GAAP gross margin of 56.7%.
- Non-GAAP operating profit for this quarter was 83.8 billion yen.
- The Non-GAAP operating margin stood at 27.1%.
- There are 15 buy ratings for Renesas stock.
- The company has 3 hold ratings and 0 sell ratings from analysts.
A look at Renesas Electronics Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 2 | |
| 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
According to Smartkarma Smart Scores, Renesas Electronics has an optimistic long-term outlook. With a high Growth score of 4, the company is expected to expand and develop in the future. Additionally, its Resilience score of 3 indicates a certain level of stability even in challenging times. However, the Value score of 3 suggests that the company may not be undervalued compared to its peers. The lower scores in Dividend and Momentum, at 2 each, imply that Renesas Electronics may not be prioritizing dividends for shareholders, and its stock may not be rapidly gaining in value.
Renesas Electronics Corporation, a company known for its research, development, design, and manufacturing of electronic components like semiconductors and integrated devices, is positioned for growth in the long run. Its emphasis on innovation and resilience could drive its success in the ever-evolving technology industry. While there are areas such as dividend payouts and market momentum that could be improved, the company’s strong focus on growth and stability bodes well for its future 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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