Earnings Alerts

United Tractors (UNTR) Earnings Surge: October Gold Sales Volume More Than Doubles Year-Over-Year

By November 28, 2024 No Comments
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  • United Tractors reported a significant increase in gold sales volume, reaching 23,000 ounces in October, compared to 10,000 ounces the same month the previous year.
  • Coal sales also saw a notable rise, with volumes up by 22% year-over-year, totaling 807,000 tons.
  • The company experienced a surge in heavy equipment sales, with 443 units sold, marking a 35% increase from the previous year.
  • Market activity around United Tractors includes 18 analyst buy ratings, 6 hold ratings, and no sell ratings.

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A look at United Tractors Smart Scores

FactorScoreMagnitude
Value3
Dividend5
Growth4
Resilience4
Momentum4
OVERALL SMART SCORE4.0

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

Based on the Smartkarma Smart Scores, United Tractors shows a promising long-term outlook. With a solid Dividend score of 5, investors can expect attractive returns from the company’s dividend payouts. Additionally, United Tractors scores well in Growth, Resilience, and Momentum, with scores of 4 in each category. This indicates the company’s potential for sustainable growth, ability to withstand market challenges, and positive stock price trends.

PT United Tractors Tbk, known for distributing and leasing construction machinery from reputable brands such as Komatsu and Scania, also offers contract mining services and heavy equipment trading. With a mix of strong scores across key factors like Dividend, Growth, Resilience, and Momentum, United Tractors appears to be well-positioned for long-term success in the market.


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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