- GoerTek’s net income for the first half of 2024 is 1.23 billion yuan, a significant increase from 421.8 million yuan in the same period last year.
- Revenue for the first half of 2024 stands at 40.38 billion yuan, which is an 11% decrease year-on-year.
- Earnings per share (EPS) for the period is 36 RMB cents.
- Analyst recommendations: 15 buys, 7 holds, and 3 sells are noted.
A look at Goertek Inc A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 2 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 5 | |
| 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
Goertek Inc A, a manufacturer of wireless communication products, has received mixed ratings based on the Smartkarma Smart Scores. With a high momentum score of 5, the company seems to be exhibiting strong positive price trends. This could indicate a promising future in terms of stock performance. However, the company falls short on dividend yield with a score of 2, suggesting limited returns for dividend-seeking investors. While the value, growth, and resilience scores all sit at a moderate level of 3, indicating stability and potential growth, there may be room for improvement to attract value and growth investors.
Overall, Goertek Inc A seems to be well-positioned in the wireless communication sector, serving global markets with a diverse range of products. The company’s strong momentum score implies bullish market sentiment and potential future growth opportunities. However, investors seeking consistent dividend income may be hesitant due to the lower dividend score. With a focus on enhancing value, growth, and resilience factors, Goertek Inc A could further solidify its position as a competitive player in the telecommunication and electro-acoustic industries worldwide.
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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