Is Sumitomo Corporation stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Sumitomo Corporation pays dividends. Last time was Friday 8th of December 2023 where the investors holding the stock on Thursday 28th of September 2023 were paid $0.31538 per share. Over the last 3 times between 2022 and 2023, Sumitomo Corporation has paid $0.96738 with an average of $0.32 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Sumitomo Corporation 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $15.92, you would have made a profit of $6.02 per share or 37.81%
Yes, the average daily trading liquidity for Sumitomo Corporation is $65 990 thousand. You should therefore be able to get in and out of your positions relatively fast.
Sumitomo Corporation has a normal ratio of the business financed by loans. This puts the company at some risk in periods of high inflation where borrowing costs usually go up. With a normal cash flow to debt ratio of 0.16, the company's ability to pay off the debt is normal. Sumitomo Corporation has a good net profit margin of 5.47% and should have high tolerances against inflation.
We have calculated the inflation risk for Sumitomo Corporation to be low [0.4 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.