- Salmar’s Preliminary Q3 Harvest Volume: The preliminary harvest for the third quarter is 60,300 metric tons.
- Missed Estimates: This harvest volume missed the estimated figure of 70,479 metric tons.
- Analysts’ Recommendations: Of the analysts covering Salmar, there are 9 “buy” recommendations, 4 “hold” recommendations, and 1 “sell” recommendation.
A look at Salmar ASA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 4 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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
Salmar ASA, a company engaged in the production of salmon, is positioned for long-term success based on its Smart Scores. With strong ratings in Dividend, Growth, Resilience, and Momentum, Salmar ASA is deemed a promising investment opportunity. The company’s focus on providing dividends, coupled with its potential for growth and demonstrated resilience in challenging market conditions, signifies a robust financial standing. Additionally, the positive momentum in Salmar ASA‘s performance indicates a favorable trajectory for future profitability.
Salmar ASA‘s overall outlook appears bright, driven by its solid performance across various factors as reflected in its Smart Scores. As a key player in the fisheries industry, the company’s activities encompass sea farming, processing, and trading of a wide range of fish and shellfish. Investors may find Salmar ASA an attractive prospect for long-term investment, given its favorable ratings in critical aspects that contribute to its financial strength and growth potential.
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
