Earnings Alerts

In-Depth Analysis: ST Engineering (STE) Earnings Impress with S$2.70B 1Q Revenue and Strong Sector Performance

  • ST Engineering reported a total revenue of S$2.70 billion in the first quarter.
  • The Aerospace division contributed about S$1.15 billion to the total revenue.
  • Defense and Public Security divisions also made significant contributions with revenue of S$1.12 billion.
  • Urban solutions and Satcom divisions managed to generate revenue of S$429 million.
  • The company’s performance has been promising, with 12 analysts recommending to buy, 2 advising to hold, and none suggesting to sell.

A look at ST Engineering Smart Scores

FactorScoreMagnitude
Value2
Dividend3
Growth4
Resilience2
Momentum4
OVERALL SMART SCORE3.0

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

ST Engineering, a global technology, defence, and engineering group with a widespread presence, operates across various continents and countries worldwide. The company’s focus on utilizing technology and innovation to address real-world challenges resonates well with its diverse portfolio spanning aerospace, smart city solutions, defence, and public security sectors. With a strong foothold in more than 100 countries, ST Engineering‘s Smart Scores indicate promising long-term prospects. Notably, the company demonstrates notable strengths in Growth and Momentum, reflecting a positive outlook for its future development and market performance.

Despite facing moderate scores in Value and Resilience, ST Engineering‘s solid positioning in areas like Dividend and the robust scores in Growth and Momentum signify favorable prospects ahead. The company’s strategic initiatives and global reach are expected to drive continued growth and resilience in the face of market dynamics. Overall, ST Engineering‘s Smart Scores suggest a promising long-term outlook, underpinned by its commitment to leveraging technology and innovation to enhance lives and solve complex challenges on a global scale.


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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