- Sanrio increased its full-year operating income forecast to 51.20 billion yen; previously reported 41.00 billion yen, surpassing estimates of 44.56 billion yen.
- Net income forecast for the fiscal year is 40.50 billion yen; up from the previous 31.10 billion yen and beating the estimated 33.19 billion yen.
- The company expects net sales to reach 140.50 billion yen, compared to earlier figures of 130.60 billion yen and estimates of 137.7 billion yen.
- The dividend is projected to be 52.00 yen, previously reported as 40.00 yen, ahead of the estimated 42.34 yen.
- In the third quarter, Sanrio achieved an operating income of 17.50 billion yen, a significant increase from 8.08 billion yen year-on-year, exceeding the estimate of 12.17 billion yen.
- Third quarter net income reached 14.71 billion yen, up from 5.63 billion yen year-on-year, outperforming the estimates of 8.98 billion yen.
- Net sales for the third quarter were 41.98 billion yen, marking a 47% increase year-on-year, surpassing the estimate of 39.49 billion yen.
- Investment analysts’ recommendations include 7 buys, 2 holds, and zero sells.
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Sanrio on Smartkarma
Analysts on Smartkarma are closely tracking Sanrio (8136 JP) as the company prepares for a significant placement. Brian Freitas, in his report “Sanrio (8136 JP) Placement: Price Likely Determined Today; What Next?”, notes the anticipated movement of the stock – initially dropping sharply, then rising, followed by profit-taking. With the stock potentially entering a global index, investor interest is expected to be strong, possibly leading to further upside despite recent shorts increasing and aiming to cover positions.
Meanwhile, Travis Lundy, adopting a bearish stance in “Sanrio (8136 JP) – Kitty Behaving Badly”, raises concerns about the stock’s recent behavior post-secondary offering launch. Despite a significant rally after a sharp fall, Lundy points out potential frothiness with a high trading volume relative to the maximum float. The report suggests caution due to the stock’s all-time high valuation and the involvement of day-traders in the current trading dynamics.
A look at Sanrio Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 5 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Analyzing the Smartkarma Smart Scores for Sanrio, the company shows promising long-term potential. With high scores in Growth, Resilience, and Momentum, Sanrio appears to be on a robust trajectory. The Growth score indicates that the company is positioned for expansion and increasing market share, while the Resilience score suggests stability even in challenging conditions. Additionally, a strong Momentum score signifies positive market sentiment and upward trends for the company.
Sanrio Company, Ltd., known for its character goods and diverse product range, seems to have a solid foundation for future growth and success based on the Smartkarma Smart Scores assessment. Although Value and Dividend scores are more moderate, the high ratings in Growth, Resilience, and Momentum are indicative of a company with a bright outlook in the long term, potentially attracting investors seeking companies with strong growth prospects and market resilience.
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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