TSE:3697IT
SHIFT (TSE:3697) Raises Sales Guidance And Starts A Dividend, Is The Valuation Too Rich?
SHIFT (TSE:3697) drew fresh attention after revising full year guidance, raising net sales expectations while cutting profit forecasts due to higher non operating expenses, and introducing a dividend outlook where none had been planned.
See our latest analysis for SHIFT.
The revised guidance and dividend move come after a sharp 1 day share price return of 9.36% and a 1 month share price return of 15.22%. However, the year to date share price return of SHIFT is still down 22.21%, and the 1...