- Traton’s operating profit for the first half of 2024 was €2.07 billion, increasing by 15% year-over-year but missing the estimate of €2.12 billion.
- Sales reached €23.39 billion, a 2.3% year-over-year increase, but fell short of the estimated €23.57 billion.
- Adjusted operating profit stood at €2.12 billion, up 7.5% year-over-year, narrowly missing the estimate of €2.14 billion.
- The adjusted operating margin improved to 9.1%, up from 8.6% year-over-year, and slightly exceeded the estimate of 9.08%.
- CFO Michael Jackstein confirmed the full-year 2024 forecast based on the company’s performance in the first half of the year.
Traton SE on Smartkarma
Analyst coverage of Traton SE on Smartkarma by Janaghan Jeyakumar, CFA, highlights the potential for the commercial vehicle manufacturer to outperform the market. In the research report titled “Quiddity Leaderboard DAX/MDAX Mar 24,” the analyst suggests that Traton is a strong candidate for addition to the MDAX index. The expected index flow leading up to the June 2024 rebalance event could serve as a catalyst for the stock. While no changes are foreseen for the DAX index, one change could occur for the MDAX index, with M&A candidate MorphoSys AG possibly being deleted.
A look at Traton SE Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| 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
Traton SE, a company specializing in designing and manufacturing automobiles, is displaying a promising long-term outlook based on the Smartkarma Smart Scores. With a strong emphasis on growth and dividends, Traton has been awarded high scores of 5 in both categories. This indicates that the company is expected to experience solid expansion in the future while also providing attractive dividend returns to its investors. Additionally, Traton scored a respectable 4 in the value category, showcasing its potential for delivering good value to its shareholders.
However, it is worth noting that Traton received a somewhat lower score of 2 in resilience, suggesting that the company may face some challenges in this area. Its momentum score of 3 indicates a moderate level of market momentum. Overall, with its focus on growth, dividends, and value, Traton SE appears positioned for a positive outlook in the long term, despite some factors that may require careful monitoring and management.
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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