- Traton’s preliminary 3rd quarter adjusted operating profit is €1.14 billion, surpassing estimates of €1.05 billion.
- The preliminary adjusted operating margin is 9.6%, exceeding the forecasted 8.8% margin.
- The improved operating result is attributed to quicker recovery at International Motors, specifically concerning mirror supply issues.
- Scania Vehicles & Services contributed positively due to a more favorable price and product mix.
- Traton maintains its 2024 full-year business outlook.
- Full 3rd quarter results are scheduled for release on October 28th.
- There are 13 buy recommendations, 8 hold recommendations, and 0 sell recommendations for Traton’s stock.
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Traton SE on Smartkarma
Analysts on Smartkarma, like Janaghan Jeyakumar, CFA, are closely watching Traton SE, the commercial vehicle manufacturer. Janaghan’s report, “Quiddity Leaderboard DAX/MDAX Mar 24,” suggests that Traton could outperform the market. Traton is seen as a strong candidate for addition to the MDAX index, with potential catalysts from expected index flows. The analysis also discusses possible index changes leading up to the June 2024 review, pointing out M&A candidate MorphoSys AG as a potential deletion from the index.
A look at Traton SE Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 4.0 |
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 the design and manufacturing of automobiles, is showing a positive long-term outlook based on the Smartkarma Smart Scores. With high scores in Dividend and Growth, indicating strong potential for consistent payouts to investors and future expansion respectively, Traton seems well-positioned for sustained success in the market. Additionally, its solid scores in Value and Momentum further bolster its overall outlook, reflecting favorable indicators for investors looking towards the company for potential returns.
However, Traton SE does face a challenge in the Resilience category, with a lower score of 2. This suggests some vulnerability in terms of adapting to tough market conditions or unforeseen events. Despite this, the company’s strengths in other key areas make it an attractive prospect for investors seeking a balance of stability and growth in the automotive industry.
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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