Jeronimo Martins SGPS S.A. ADR (JRONY)
Jeronimo Martins: Recovery As Expected, Consider Getting Into This Cheap Retailer
Jeronimo Martins, despite recent challenges and a 20% expected EPS drop in 2024, remains a compelling investment due to its low valuation and defensive nature. The company's recent 3Q24 results show a 10.3% top-line increase and stable net debt, indicating resilience amidst cost inflation and deflationary pressures. With a forecasted EBITDA of over €3B by 2028 and a potential dividend increase, Jeronimo Martins offers significant long-term upside.
Jeronimo Martins, SGPS, S.A. (JRONY) Q3 2024 Earnings Call Transcript
Jeronimo Martins, SGPS, S.A. (OTCPK:JRONY) Q3 2024 Earnings Conference Call October 31, 2024 5:00 AM ET Company Participants Ana Virginia - CFO Conference Call Participants Joao Pinto - JB Capital Markets Nicolas Champ - Barclays Jose Rito - CaixaBank BPI Frederick Wild - Jefferies Izabel Dobreva - Morgan Stanley Operator Good day, and welcome to Jeronimo Martins First Nine Months 2024 Results Conference Call.
Are Investors Undervaluing Jeronimo Martins SGPS (JRONY) Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Is Jeronimo Martins SGPS (JRONY) Stock Undervalued Right Now?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Jeronimo Martins: The Recent Drop Justifies Investment Into Undervaluation
Analysts see an upside in buying Jeronimo Martins, with a target price of €22/share and potential for double-digit upside. Jeronimo Martins is undervalued despite challenges, with potential for high annualized upside and a 4%+ dividend yield. The company faces margin pressures, volume issues, and investment challenges, but remains appealing at its current price.
Jerónimo Martins, SGPS, S.A. (JRONY) Q2 2024 Earnings Call Transcript
Jerónimo Martins, SGPS, S.A. (OTCPK:JRONY) Q2 2024 Earnings Conference Call July 25, 2024 4:00 AM ET Company Participants Ana Luisa Virginia - CFO Conference Call Participants João Pinto - JB Capital José Rito - CaixaBank BPI Frederick Wild - Jefferies Borja Olcese - JPMorgan António Seladas - AS Independent Research William Woods - Bernstein Izabel Dobreva - Morgan Stanley Operator Good day, and welcome to the Jerónimo Martins First Half 2024 Results Conference Call.
