- Sompo HD has increased its full-year net income forecast significantly to 400.00 billion yen, up from a previous expectation of 230.00 billion yen.
- The revised forecast also surpasses market estimates, which were set at 275.9 billion yen.
- The company plans to increase its dividend to 132.00 yen, higher than both the previous dividend of 112.00 yen and the estimated 114.47 yen.
- In the second quarter, Sompo HD reported a net income of 142.19 billion yen.
- Their stock has garnered varied analyst opinions, with 8 buy ratings, 3 hold ratings, and 1 sell rating.
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Sompo Holdings on Smartkarma
Analyst coverage of Sompo Holdings on Smartkarma by Sumeet Singh indicates a bullish sentiment. The research report titled “ECM Weekly (3rd June 2024) – Shift Up, QuantumPharm, Telix, Sompo, ASMedia, Exedy, Barito, Zomato” by Aequitas Research provides insights on recent deals and upcoming IPOs. The report includes a peer comparison and valuation analysis for Shift Up (462870 KS) in the IPO segment, while highlighting active block transactions in India and Asmedia Technology (5269 TT) GDR offering and Exedy Corp (7278 JP) in the placement segment.
A look at Sompo Holdings Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| 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
Smartkarma’s assessment of Sompo Holdings using the Smart Scores indicates a positive long-term outlook for the company. With high scores in Growth and Dividend, Sompo Holdings is positioned well for future expansion and distribution of profits to investors. The company’s strong momentum score also suggests that it is performing well in the market currently, which could translate into continued success in the future.
Furthermore, despite average scores in Value and Resilience, the overall outlook for Sompo Holdings remains optimistic. The company’s diverse business operations in non-life insurance, including marine, fire, and automobile, as well as life insurance, provide a solid foundation for growth and stability. Investors may find Sompo Holdings to be a promising choice for long-term investment based on its Smart Scores evaluation.
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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