Category

Earnings Alerts

**Autodesk Inc (ADSK) Earnings: 1Q Net Revenue Surpasses Estimates at $1.42 Billion**

By | Earnings Alerts
  • Autodesk’s net revenue for Q1 was $1.42 billion, which is a 12% increase year-over-year and higher than the estimated $1.4 billion.
  • Subscription net revenue reached $1.33 billion, growing 11% year-over-year and surpassing the estimate of $1.32 billion.
  • Maintenance net revenue dropped by 21% year-over-year to $11 million, slightly below the estimated $12 million.
  • Other net revenue surged by 23% year-over-year to $76 million, significantly exceeding the estimate of $67.7 million.
  • Analyst recommendations included 15 buys, 10 holds, and 1 sell.

Autodesk Inc on Smartkarma

Analysts on Smartkarma, like Baptista Research and Value Investors Club, have offered insightful coverage on Autodesk Inc. According to Baptista Research, Autodesk exhibited robust financial performance in the Fourth Quarter and Full Year Fiscal 2024, emphasizing its subscription business model and product diversification. The recent acquisitions of Wonder Dynamics and Payapps were highlighted as potentially enhancing the company’s value proposition. Similarly, Baptista Research discussed the implementation of a new transactional model as a potential game-changer for Autodesk, showcasing the company’s resilience and discipline.

On the other hand, Value Investors Club noted Autodesk’s challenges in underperforming tech and software benchmarks in the past year but highlighted the company’s long-term earnings growth potential. The comparison with competitor Procore in the construction industry suggested a bullish outlook for Autodesk’s stock price appreciation. Overall, analysts are optimistic about Autodesk’s performance and strategic initiatives, indicating potential opportunities for investors in the evolving landscape of design software and services.


A look at Autodesk Inc Smart Scores

FactorScoreMagnitude
Value2
Dividend1
Growth3
Resilience3
Momentum3
OVERALL SMART SCORE2.4

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

Autodesk Inc, a supplier of PC software and multimedia tools, appears to have a mixed outlook based on its Smartkarma Smart Scores. While the company scores moderately in Growth, Resilience, and Momentum with scores of 3 for each, its Value and Dividend scores are lower at 2 and 1 respectively. This suggests that Autodesk might be focusing more on growth and innovation rather than offering high value or dividend returns to investors. As a provider of software products used in various industries for design and visualization, Autodesk’s future potential seems to be anchored on its ability to maintain growth momentum and resilience in the face of market challenges.

Overall, Autodesk Inc‘s Smartkarma Smart Scores indicate a company that is emphasizing growth and technological advancement. With a Growth score of 3, Autodesk is likely prioritizing innovation and expanding its market presence. The company’s resilience score of 3 also suggests that it can navigate fluctuations and potentially emerge stronger from economic uncertainties. However, investors seeking value or dividend income may find Autodesk less appealing, given its lower scores in those areas. As Autodesk continues to cater to industries and individuals with its software solutions for design and visualization, its long-term success may hinge on sustaining its growth trajectory and staying adaptable in a competitive landscape.


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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Perion Network (PERI) Earnings: 2Q Revenue Forecast Cut, Misses Estimates Amid Microsoft Bing Changes

By | Earnings Alerts
  • Perion revised its 2Q revenue forecast to $106 million to $108 million, down from the previous forecast of $118 million to $122 million. The estimate was $120 million.
  • Adjusted EBITDA for 2Q is now expected to be $6.5 million to $7.5 million, down from the earlier forecast of $10 million to $12 million. The estimate was $11 million.
  • For the year, Perion now expects revenue between $490 million and $510 million, revised down from $590 million to $610 million. The estimate was $601 million.
  • Adjusted EBITDA for the year is forecasted at $48 million to $52 million, compared to the previous expectation of $78 million to $82 million. The estimate was $80.8 million.
  • Microsoft Bing has decided to exclude several publishers from its search distribution marketplace, impacting Perion’s Search Advertising business.
  • Search revenue from the agreement with Microsoft Bing is anticipated to be less than 5% of Perion’s revenue in the second half of 2024.
  • Perion has observed a decline in revenue from standard video and display formats.
  • CEO Tal Jacobson commented that the changes implemented by Microsoft Bing have had a significant negative impact on their Search Advertising business.
  • Despite these challenges, Perion remains focused on expanding its AI-driven Advertising Solutions through product innovation and partnerships.
  • Shares of Perion fell 15% in pre-market trading to $10.51 on a volume of 9,163 shares traded.
  • Analyst ratings: 2 buys, 4 holds, and 0 sells.

A look at Perion Network Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience5
Momentum2
OVERALL SMART SCORE3.4

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

Perion Network Ltd. is positioned for long-term growth and resilience, according to Smartkarma Smart Scores. With a high Growth score of 5, the company is expected to expand steadily in the future, driven by its digital media products and services. Additionally, Perion Network scores a 4 in Value, indicating that it is seen as undervalued in the market, presenting a potentially attractive opportunity for investors seeking value.

Although the company’s Dividend score is low at 1, suggesting limited dividend payouts, its strong Resilience score of 5 indicates that Perion Network is well-equipped to weather market volatility and challenges. However, the Momentum score of 2 suggests a moderate level of market momentum. In summary, Perion Network is a digital media company that offers various consumer products and services, with a promising outlook for growth and resilience in the long term.


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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Seven & I Holdings (3382) Earnings: Flat May Seven-Eleven Japan Same-Store Sales with Customer Increase

By | Earnings Alerts
  • Seven & I Same-Store Sales: Zero percent growth in same-store sales for Seven-Eleven Japan.
  • Customer Count Increase: Number of customers increased by 0.9%.
  • Average Purchase Decrease: Average purchase per customer decreased by 0.9%.
  • Market Sentiment:
    • Buys: 12
    • Holds: 6
    • Sells: 1

Seven & I Holdings on Smartkarma

On Smartkarma, independent analysts Michael Causton and Oshadhi Kumarasiri have provided insightful research on Seven & I Holdings. Causton’s analysis suggests that Seven & I may consolidate its supermarket operations and potentially list in 2027, emphasizing the importance of making Ito-Yokado profitable for future growth. There is speculation about a possible outright sale of Ito-Yokado, with a focus on the new SIP format as a key driver for growth within Japan.

Kumarasiri’s research delves into investor activism surrounding Seven & I, highlighting the strategic approach taken by the company in response to Value Act’s demands. Despite perceptions of capitulation, Seven & I is focused on reinforcing its presence in established markets rather than new expansion. The recent acquisition of 204 convenience stores in the US for $950 million may serve as a defense against potential investor activism, showcasing Seven & I’s commitment to retaining overseas investors.


A look at Seven & I Holdings Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum3
OVERALL SMART SCORE2.8

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

Seven & I Holdings Co., Ltd., a prominent holding company known for managing convenience stores, supermarkets, and department stores, has garnered moderate Smart Scores across various categories. With a balanced outlook, the company scores a 3 in Value, Dividend, Growth, and Momentum, showcasing a stable performance in these areas. However, its Resilience score of 2 suggests a slightly lower level of robustness in the face of challenges. These scores indicate a cautiously optimistic long-term outlook for Seven & I Holdings, reflecting a company that is positioned moderately well across key factors.

Established as a result of the merger of Ito-Yokado Co., Seven Eleven Japan Co., and Denny’s Japan, Seven & I Holdings Co., Ltd. holds a diverse portfolio of retail businesses. The company’s Smart Scores paint a picture of stability and potential growth, with a consistent performance in value creation, dividend distribution, growth prospects, and market momentum. While facing some resilience challenges, Seven & I Holdings remains a key player in the retail industry. Overall, the company’s moderate Smart Scores point towards a balanced and steady trajectory for its long-term outlook.


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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JSW Steel Ltd (JSTL) Earnings: May Crude Steel Output Declines 3.7% YoY Due to Maintenance Shutdown

By | Earnings Alerts
  • JSW Steel’s crude steel output in May 2024 is 2.1 million tons, a 3.7% decrease compared to the same period last year.
  • Indian operations had a capacity utilization rate of 86% for May 2024.
  • The decrease in crude steel production was mainly due to a planned maintenance shutdown of a blast furnace at Dolvi.
  • The blast furnace at Dolvi restarted in the first week of June 2024.
  • Market analysts’ recommendations for JSW Steel include 16 buys, 7 holds, and 8 sells.
  • All comparisons are based on values initially reported by the company.

JSW Steel Ltd on Smartkarma

Independent analysts on Smartkarma are closely monitoring JSW Steel Ltd, with recent coverage shedding light on the company’s financial performance and future outlook. Trung Nguyen‘s analysis of JSW Steel’s FY 2023-24 results suggests a mixed bag, with soft Q4 results but overall decent full-year numbers. Operational indicators remained strong, with a high share of value-added products and an improved financial risk profile. Despite liquidity concerns, Nguyen anticipates a more robust FY 2024-25, citing a positive steel operating environment and stable steel prices, albeit with potential debt implications.

Meanwhile, Leonard Law, CFA, from Lucror Analytics, presents a bearish stance on JSW Steel Ltd in their “Morning Views Asia” report. The fundamental credit analysis includes trade recommendations and market commentary on high yield issuers like JSW Steel. This report provides investors with insights into company-specific developments and key market indicators to navigate the evolving landscape of the steel industry and make informed investment decisions.


A look at JSW Steel Ltd Smart Scores

FactorScoreMagnitude
Value3
Dividend3
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

JSW Steel Ltd, a leading integrated steel producer operating across multiple states in India, has received a varied assessment according to Smartkarma Smart Scores. With a solid 3 out of 5 in Value, Dividend, and Growth factors, the company seems to be maintaining a stable position in terms of financial health and potential for expansion. However, its slightly lower score of 2 in Resilience could suggest some vulnerabilities that investors may need to consider. On the bright side, JSW Steel Ltd shines with a strong Momentum score of 4, indicating positive ongoing market momentum that could bode well for its future prospects.

JSW Steel Ltd‘s overall outlook, as indicated by the Smartkarma Smart Scores, appears cautiously optimistic. While the company demonstrates strength in key areas such as growth and value, investors might want to keep an eye on its resilience given the slightly lower score in this aspect. Nevertheless, the company’s impressive momentum score hints at favorable market sentiment and performance that could potentially drive its long-term success in the competitive steel industry.


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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Longfor Properties (960) Earnings: May Contracted Sales Reach 8.69B Yuan, YTD At 41.08B Yuan

By | Earnings Alerts
  • Longfor Group achieved contracted sales of 8.69 billion yuan in May 2024.
  • Year-to-date (YTD) contracted sales for Longfor Group reached 41.08 billion yuan.
  • Analyst recommendations for Longfor Group are overwhelmingly positive, with 27 buys and 3 holds and no sell ratings.

Longfor Properties on Smartkarma

Analyst coverage of Longfor Properties on Smartkarma reveals insights from Leonard Law, CFA. In a Lucror Analytics report titled “Longfor Group – Earnings Flash – FY 2023 Results,” Law expresses a bearish sentiment on the company. Despite Longfor Group’s acceptable FY 2023 results, the earnings decline was as expected due to reduced revenue from property development. Law notes the decent 11% gross margin for property development, but expresses concerns about financial flexibility as the company pledges more assets for funding, even though near-term default risk is deemed low.

Furthermore, Leonard Law, CFA, provides bullish Morning Views on various Asian companies such as China Vanke, First Pacific Co, and Xiaomi Corp. His positive sentiment on these companies contrasts with his bearish stance on Anton Oilfield and Greentown China. Law’s comprehensive fundamental credit analysis and trade recommendations aim to provide investors with valuable insights into the creditworthiness and market performance of these high-yield issuers in the region.


A look at Longfor Properties Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth3
Resilience2
Momentum4
OVERALL SMART SCORE3.8

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

Longfor Properties Co. Ltd., a key player in China’s property sector, is positioned favorably for long-term growth. With top marks in both Value and Dividend scores, the company showcases solid fundamentals and investor-friendly initiatives. These high scores reflect a promising outlook for investors seeking stability and potential returns in the property market.

While Longfor Properties demonstrates strong Value and Dividend metrics, its Growth, Resilience, and Momentum scores indicate areas for potential improvement. Despite this, the company’s robust presence in property development, investment, and management in China provides a sturdy foundation for long-term success, with opportunities to enhance growth strategies and resilience against market fluctuations.


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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Sunny Optical Technology Group (2382) Earnings: May Handset Lens Sets Hit 103.53M, Strong Analyst Ratings

By | Earnings Alerts
  • Sunny Optical shipped 103.53 million handset lens sets in May 2024.
  • Vehicle lens set shipments totaled 8.34 million in May 2024.
  • Handset camera module shipments amounted to 45.49 million in May 2024.
  • Analyst ratings for Sunny Optical: 32 buys, 11 holds, and 0 sells.

Sunny Optical Technology Group on Smartkarma

Independent analysts on Smartkarma, such as Trung Nguyen and Leonard Law, CFA, are providing valuable insights on Sunny Optical Technology Group. In a recent report by Lucror Analytics, Sunny Optical’s FY 2023 results were slightly weak but in line with expectations. Despite a 4.6% y-o-y decline in revenue to CNY 31.7 bn, mainly due to lower handset-related product shipments, the company’s financial risk profile and liquidity remain healthy, supported by a large net cash position. Analysts anticipate a stabilisation in the industry operating environment, with positive revenue and earnings growth projected for FY 2024.

Additionally, Leonard Law, CFA, shared a Morning View on Sunny Optical Technology Group, focusing on fundamental credit analysis and trade recommendations. The report provides insights on key company-specific developments and market indicators to help investors navigate the high yield issuer landscape in the region. Sunny Optical’s outlook appears positive, with indications of a recovery in the smartphone market as evidenced by consecutive months of double-digit shipment volume growth. Analysts foresee a continued upward trend in shipments and anticipate revenue and earnings growth in FY 2024 for Sunny Optical Technology Group.


A look at Sunny Optical Technology Group Smart Scores

FactorScoreMagnitude
Value3
Dividend2
Growth2
Resilience4
Momentum2
OVERALL SMART SCORE2.6

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, Sunny Optical Technology Group has a mixed long-term outlook. While the company scores well on resilience, with a score of 4 indicating strong ability to withstand market fluctuations, its scores for value, dividend, growth, and momentum are moderate to low. This suggests that Sunny Optical Technology Group may have stable performance over time but might face challenges in terms of growth and market momentum.

Sunny Optical Technology Group Co., Limited is a company that specializes in designing and manufacturing optical and optical related products. Their product range includes glass/plastic lenses, prisms, mobile phone camera modules, microscopes, surveying instruments, and other analytical instruments. With a strategic focus on optical technology, the company plays a significant role in supplying essential components for various industries requiring optical solutions.


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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Guangzhou Automobile Group (2238) Earnings: May Vehicle Sales Drop 25% Y/Y

By | Earnings Alerts
  • Guangzhou Auto’s vehicle sales in May 2024: 156,518 units.
  • Sales down by 25% compared to May 2023, which had 209,606 units.
  • NEV (New Energy Vehicles) sales in May 2024: 37,525 units.
  • NEV sales down by 26% compared to the previous year.
  • Analyst ratings: 17 buy recommendations, 8 hold recommendations, and 0 sell recommendations.
  • Comparisons are based on the company’s original disclosures.

Guangzhou Automobile Group on Smartkarma

Analyst coverage of Guangzhou Automobile Group on Smartkarma by Travis Lundy indicates a bullish sentiment. In the recent report titled “A/H Premium Tracker (To 12 Apr 2024)”, Lundy highlights the strong performance of the Quiddity Portfolio, which gained over 2% with a delta 3:1 long H/short A strategy. The report emphasizes the high AH premia and the potential for a comeback, especially with detailed tables and charts provided to track premium positioning and market behavior.

In another report titled “A/H Premium Tracker (To 22 Dec 23)”, Lundy maintains a bullish stance, advising investors to stay long on Hs versus As. The analysis reveals that liquid Hs with H/A pairs have been outperforming As by over 100 basis points on average. Despite recent flows indicating sells in SOUTHBOUND and NORTHBOUND, Lundy suggests that there is still opportunity in going long on Hs at attractive discounts, aligning with a positive outlook for Guangzhou Automobile Group.


A look at Guangzhou Automobile Group Smart Scores

FactorScoreMagnitude
Value5
Dividend5
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE4.2

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

Guangzhou Automobile Group Company, Ltd. is showing strong potential for long-term growth based on its Smartkarma Smart Scores. With top ratings in both Value and Dividend categories, the company displays solid fundamentals and a commitment to rewarding investors. Its Growth and Resilience scores, although slightly lower, still indicate stability and opportunities for development within the industry. While the Momentum score is not as high, the overall outlook remains positive for Guangzhou Automobile Group.

Specializing in manufacturing, selling, and servicing automobiles, as well as producing auto parts and providing finance services, Guangzhou Automobile Group has a diversified business model that positions it well for future success in both domestic and overseas markets. Its high scores in Value and Dividend reflect a company that is focused on long-term sustainability and creating value for its shareholders.


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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SGX (SGX) Earnings Update: May Securities Market Turnover Hits S$26.68B, Up 4.8% M/M

By | Earnings Alerts
  • Total securities market turnover in May 2024 was S$26.68 billion.
  • This represents a 4.8% increase compared to the previous month.
  • Derivatives volume for May 2024 stood at 23.95 million contracts.
  • Derivatives volume experienced a slight decrease of 0.7% month-over-month.
  • Derivatives daily average volume was 1.14 million contracts in May 2024.
  • This daily average volume saw a 3.8% decline from the previous month.
  • Analysts’ recommendations include 4 buys, 7 holds, and 2 sells.

A look at SGX Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

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 for SGX, the long-term outlook for the Singapore Exchange Limited appears promising. With a solid score in Growth and Resilience, SGX is positioned to experience steady expansion and navigate challenges effectively. A respectable score in Dividend indicates a stable payout for investors, enhancing the stock’s attractiveness. Despite having average scores in Value and Momentum, the overall outlook remains positive for SGX as it continues to play a vital role in Singapore’s financial sector.

Singapore Exchange Limited, as the operator of Singapore’s main securities and derivatives exchange, along with providing supporting services to the financial sector, stands as a crucial player in the local market. With a focus on growth, resilience, and dividends, SGX maintains a steady position to deliver value to investors and participants in the financial industry over the long term.


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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SGX (SGX) Earnings: July Total Securities Market Turnover Hits S$26.68 Billion

By | Earnings Alerts
  • The total securities market turnover for SGX in July was S$26.68 billion.
  • Derivatives volume reached 23.95 million.
  • The average daily volume for derivatives was 1.14 million.
  • Analyst recommendations included 4 buys, 7 holds, and 2 sells.

A look at SGX Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience4
Momentum3
OVERALL SMART SCORE3.2

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

In analyzing the long-term outlook for SGX, the Smartkarma Smart Scores provide valuable insights into various aspects of the company. With a solid score in Growth and Resilience, SGX is positioned well for future expansion and is capable of withstanding market challenges. The company’s proactive approach to adapting to changing environments is reflected in its Growth and Resilience scores, indicating a promising trajectory for SGX in the coming years.

Additionally, SGX‘s respectable scores in Dividend and Momentum showcase its ability to generate returns for investors and maintain a steady pace of development. While there may be areas for improvement in Value and Momentum, the overall outlook for SGX appears favorable based on its Smartkarma Smart Scores. Investors should consider these scores along with other relevant factors when evaluating SGX as an investment opportunity.

Summary: Singapore Exchange Limited owns and operates Singapore’s Securities and derivatives exchange and their related clearing houses. The Company also provides ancillary securities processing and information technology services to participants in the financial sector.


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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China Longyuan Power (916) Earnings: May Power Generation Down 7.52%, Wind Power Drops 10.1%

By | Earnings Alerts
  • Longyuan Power’s power generation decreased by 7.52% in May 2024.
  • Wind power generation specifically saw a decline of 10.1%.
  • Analyst recommendations include 25 “buy” ratings, 4 “hold” ratings, and no “sell” ratings.

China Longyuan Power on Smartkarma

Analysts on Smartkarma have provided positive coverage of China Longyuan Power, with differing bullish sentiments.

Travis Lundy‘s report highlights the wide AH premia, suggesting China Longyuan as a valuable asset in the H market. Southbound continues to show strong buying activity, while northbound saw significant selling this week but remains net buyers over an 8-week period. The report indicates a convincing fall in AH premia among liquid stocks, with narrow AH premia pairs outperforming wider pairs.

In another report by Osbert Tang, CFA, a bullish sentiment is expressed with expectations of a valuation mean reversion for China Longyuan. The analyst sees three catalysts driving this potential 60% upside: power generation acceleration, cash flow improvement, and a recovery in the wind power market. The report points out the company’s current P/B at a 40% discount to the average, indicating room for significant growth even after reversion.


A look at China Longyuan Power Smart Scores

FactorScoreMagnitude
Value5
Dividend4
Growth4
Resilience2
Momentum5
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

China Longyuan Power Group Corp Ltd, a leading wind farm developer, is poised for a bright future according to the latest Smartkarma Smart Scores. With a top score in the Value category, the company is deemed to be attractively priced in the market. Furthermore, its strong scores in Dividend and Growth reflect promising returns and expansion potential in the long run. However, the company’s lower score in Resilience indicates some vulnerability to market fluctuations, while a stellar Momentum score suggests significant positive movement in the company’s performance.

In summary, China Longyuan Power Group Corp Ltd is a company specializing in designing, managing, and operating wind farms, with a focus on selling the electricity generated. The company’s impressive Smartkarma Smart Scores across various key factors such as Value, Dividend, Growth, Resilience, and Momentum underscore its position as a solid player in the renewable energy sector with a generally positive long-term outlook.


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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