Earnings Alerts

China Southern Airlines (1055) Earnings: November Passenger Traffic Surges 15.2% Amid Positive Analyst Ratings

By December 16, 2024 No Comments
“`html

  • China Southern Airlines reported a 15.2% increase in passenger traffic for November.
  • The airline achieved a passenger load factor of 84.8% during this period.
  • Analyst recommendations for China Southern Airlines include 7 buy ratings.
  • There are 6 hold ratings for the airline’s stock.
  • One analyst has issued a sell rating for China Southern Airlines.

“`


China Southern Airlines on Smartkarma

Analyst coverage of China Southern Airlines on Smartkarma by Daniel Hellberg has provided valuable insights into the airline industry. In his report titled “Monthly Chinese Tourism Tracker: Solid Outbound & Domestic Numbers in August | Cut Trip.com to HOLD,” Hellberg highlights the positive trend in Chinese travel activity for August. He mentions that outbound and domestic travel numbers have been gradually recovering, with solid activity continuing into September during the Mid Autumn Festival period. Despite the overall optimism, Hellberg mentions a change in recommendation by cutting Trip.com to HOLD, suggesting investors focus on airline investments instead.


A look at China Southern Airlines Smart Scores

FactorScoreMagnitude
Value4
Dividend1
Growth5
Resilience2
Momentum5
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

China Southern Airlines shows a promising long-term outlook based on the Smartkarma Smart Scores assessment. The company scores high in Growth and Momentum, indicating strong potential for expansion and positive market sentiment. With a Value score reflecting solid fundamentals and a Growth score highlighting growth opportunities, China Southern Airlines appears well-positioned for future success in the airline industry. However, the lower scores in Dividend and Resilience suggest areas where the company may need to focus on improving to enhance its overall performance.

China Southern Airlines Company Limited, a provider of commercial airline services in various regions, including China and Southeast Asia, demonstrates strengths in growth potential and market momentum. While facing challenges in terms of dividend yield and resilience, the company’s strategic focus on expansion and market appeal could drive its long-term success. By leveraging its strong Growth and Momentum scores, China Southern Airlines may capitalize on opportunities to further establish itself as a key player in the global airline 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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.


 

πŸ’‘ Before it’s here, it’s on Smartkarma

Sign Up for Free

The Smartkarma Preview Pass is your entry to the Independent Investment Research Network

  • βœ“ Unlimited Research Summaries
  • βœ“ Personalised Alerts
  • βœ“ Custom Watchlists
  • βœ“ Company Analytics and News
  • βœ“ Events & Webinars