- Snam achieved 1Q revenue right on track with estimates, accumulating around EU895 million.
- Net debt for the company was lower than expected, ending up at EU15.79 billion versus an estimate of EU15.83 billion.
- The adjusted net income exceeded expectations, finishing at EU335 million while the estimate was EU301 million.
- Investment sentiment for Snam is overall positive: out of the 20 evaluated opinions, there were 10 buys, 8 holds and 2 sells.
A look at Snam SpA Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.2 |
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
An analysis of Smartkarma Smart Scores reveals Snam SpA‘s positive long-term outlook. The company’s highest score in the Dividend category indicates strong potential for income-seeking investors. Additionally, Snam scores well in Growth and Momentum, showcasing potential for future expansion and market performance. However, the company lags in Resilience, suggesting some vulnerability to external economic factors. Overall, Snam SpA‘s balanced scores point towards a promising future in the natural gas distribution sector.
Snam S.p.A. stands as a key player in Italy’s natural gas distribution sector, owning and managing the country’s extensive gas network. By facilitating the transportation of gas for various entities, including importers and distributors, Snam plays a crucial role in ensuring the supply to Italian households. With a network of high and medium-pressure pipelines linked to production and importation facilities, Snam S.p.A. is positioned as a vital infrastructure provider in the Italian energy landscape.
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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