Analysts estimate for 2024 decreasing sales Signify, quite high dividend

Tomorrow the Dutch company Signify will publish its past quarter results. Over the current book year the company from Eindhoven could achieve a revenue around 6.16 billion euros (consensus estimates). This is slightly lower than 2023's revenue of 6.7 billion euros.

Historical revenues and results Signify plus estimates 2023

Signify Indonesia Jakarta © Signify

The analysts expect for 2024 a net profit of 340 million euros. According to most of the analysts the company will have a profit per share for this book year of 2.79 euros. Based on this the price/earnings-ratio is 7.78.

Huge dividend Signify

Per share the analysts anticipate on a dividend of 1.6 euros per share. Signify 's dividend yield thus equals 7.37 percent. The average dividend yield of the household companies is an attractive 3.43 percent.

Most recent target prices around 30 euros

The most recent recommendations for the household company are from Morgan Stanley , Goldman Sachs and DeGroof Petercam.

Based on the current number of shares Signify 's market capitalization equals 2.72 billion euros.

Historical stock prices Signify

On Wednesday the stock closed at 21.7 euros.

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