- Cosco Energy’s preliminary net income for the first half of 2024 is approximately down by 9.1%.
- Preliminary net income stands at around 2.55 billion yuan.
- Analysts’ recommendations for Cosco Energy include 10 buy ratings.
- There is 1 hold rating for Cosco Energy among analysts.
- There are currently no sell ratings for Cosco Energy from analysts.
Cosco Shipping Energy Transportation Co. Ltd. (H) on Smartkarma
Analyst coverage of Cosco Shipping Energy Transportation Co. Ltd. (H) on Smartkarma provides varied perspectives on the company’s outlook. Rikki Malik‘s bullish report, “Recent Sell-Off in Tanker Stocks Provides an Opportunity in Cosco Shipping Energy – 1138.HK,” highlights positive business fundamentals amidst a general commodity sell-off, indicating an opportunity for investors. Conversely, Osbert Tang, CFA adopts a more cautious stance in “COSCO Shipping Energy (1138 HK): Don’t Get Carried Away,” warning about the stock’s high P/B ratio and aggressive earnings projections.
Further insights from Rikki Malik in “Cosco Shipping Energy 1138.HK – Higher for Longer” emphasize the tanker market imbalance benefiting the company’s earnings, while Osbert Tang, CFA‘s “COSCO Shipping Energy (1138 HK): Surfing the High Tide” underscores the potential upside driven by undersupply in the VLCC market and growth in LNG transportation. These reports on Smartkarma present investors with a well-rounded view of Cosco Shipping Energy’s current performance and future prospects.
A look at Cosco Shipping Energy Transportation Co. Ltd. (H) Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on the Smartkarma Smart Scores, Cosco Shipping Energy Transportation Co. Ltd. (H) demonstrates a positive long-term outlook. With strong scores in Growth and Momentum, the company is positioned well for future success. Its Value score also indicates that it may be currently undervalued, presenting an opportunity for potential long-term investors.
Cosco Shipping Energy Transportation Co. Ltd. (H) operates in the marine shipping industry, offering a range of transportation services including refined oil, crude oil, iron ores, dry bulks, coal, and other products. Despite lower scores in Resilience and Dividend, the company’s high scores in Growth and Momentum suggest a promising trajectory in the long run.
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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