- China Eastern experienced a 24.3% increase in passenger traffic in July 2024.
- The passenger load factor for July 2024 was 83.2%.
- This load factor is up from 78.4% a year earlier.
- Analyst ratings: 13 buys, 2 holds, and 2 sells.
- The data comparisons are based on the company’s original disclosures.
A look at China Eastern Airlines Smart Scores
Factor | Score | Magnitude |
---|---|---|
Value | 4 | |
Dividend | 1 | |
Growth | 5 | |
Resilience | 2 | |
Momentum | 4 | |
OVERALL SMART SCORE | 3.2 |
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
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China Eastern Airlines Corporation Limited appears to have a promising long-term outlook based on the Smartkarma Smart Scores analysis. With a strong Growth score of 5 and a solid Value score of 4, the company is positioned well for future expansion and potential value appreciation. Despite a lower Dividend score of 1 and Resilience score of 2, the company’s Momentum score of 4 indicates positive market sentiment and potential for continued growth.
As a major player in the civil aviation industry, China Eastern Airlines Corporation Limited offers a range of services including passenger, cargo, mail delivery, and ground transportation. The company’s focus on growth and value, as reflected in the Smart Scores, suggests a proactive approach to capitalizing on opportunities in the aviation sector and enhancing shareholder value 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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