Earnings Alerts

Delta Electronics Thailand (DELTA) Earnings: 2Q Net Income Hits 6.57B Baht, EPS at 0.53 Baht

  • Delta Thailand reported their net income for the second quarter of 2024.
  • Net income for this period was 6.57 billion baht.
  • Reported earnings per share (EPS) were 0.53 baht.
  • Current analyst recommendations for Delta Thailand’s stock include:
    • 5 buy ratings
    • 9 hold ratings
    • 5 sell ratings

Delta Electronics Thailand on Smartkarma

Analysts on Smartkarma, like Brian Freitas, are closely following Delta Electronics Thailand (DELTA TB) and providing insights on its performance. In a recent report titled “Delta Electronics (DELTA TB / 2308 TT): More Downside from Here,” the analysis points out that DELTA TB has been underperforming compared to Delta Electronics (2308 TT) in recent months despite trading at higher valuations. The report suggests that further underperformance may be expected, with identified catalysts potentially influencing the stock. Additionally, it is noted that DELTA TB’s market cap remains higher than 2308 TT, although the gap has been narrowing gradually.


A look at Delta Electronics Thailand Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum5
OVERALL SMART SCORE3.6

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

Delta Electronics Thailand, a company renowned for its design and manufacture of electronic equipment, is poised for a bright long-term outlook. The Smartkarma Smart Scores provide valuable insight into the company’s overall outlook, with particularly high ratings in Growth and Momentum factors. A score of 5 in Growth signifies strong potential for expansion and development, while a score of 5 in Momentum indicates a positive trend in the stock’s performance. Additionally, Delta Electronics Thailand demonstrates resilience with a score of 4, showcasing its ability to weather market challenges.

Despite moderate ratings in Value and Dividend factors with scores of 2, Delta Electronics Thailand remains a promising investment opportunity given its strong performance in Growth, Resilience, and Momentum. With a focus on producing power systems for various industries including telecommunications, medical equipment, and industrial automation, the company is well-positioned to capitalize on emerging opportunities and drive long-term growth.


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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