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國金證券:精鍛科技四季度訂單同比呈上升態勢 維持“增持”
格隆匯 10-29 10:41
格隆匯10月29日丨國金證券發佈精鍛科技的研報指出,四季度訂單數量增加,業績有望環比改善。根據公司對客户的訂單預測,公司2019年四季度訂單同比呈上升態勢。此外,新能源汽車銷量增速可觀,市場需求龐大。預計2019年為公司業績低點,隨天津傳動產能逐步釋放,寧波電控加大新客户新產品市場開拓力度,2020年業績有望向好回升。由於車市持續低迷,預計2019-2021年歸母淨利潤為2.14/2.54/2.71億元,分別下調15%/3%/3%,對應EPS為0.53/0.63/0.67元。調整目標價至14.49元,對應2020年23x估值,維持增持評級。
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