- GoerTek’s net income for the third quarter reached 1.12 billion yuan, surpassing the estimated 931.7 million yuan.
- The company’s revenue in the third quarter was 29.26 billion yuan, exceeding the estimated 27.36 billion yuan.
- Earnings per share (EPS) for GoerTek stood at 33 RMB cents.
- Analyst ratings for GoerTek include 16 buy recommendations, 5 hold recommendations, and 3 sell recommendations.
A look at Goertek Inc A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| 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
Analysts believe that Goertek Inc A, a manufacturer of wireless communication products, presents a moderate outlook across various factors. The company has scored a 3 in Value, Dividend, Growth, and Resilience categories, indicating a balanced standing in these areas. Moreover, Goertek Inc A has shown promising Momentum with a score of 4, suggesting positive traction in the market. While not excelling in any particular aspect, the company’s consistent performance across different metrics reflects stability and potential for gradual growth.
Goertek Inc A is known for its diverse range of wireless communication devices leveraging advanced technology like active noise cancellation headphones and VoIP devices. With a global presence in the telecommunications and electro-acoustic sectors, the company caters to a wide market. Although receiving mixed ratings in key evaluation categories, Goertek Inc A‘s overall outlook remains stable, with room for improvement in momentum-driven initiatives to further enhance its market position and long-term prospects.
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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