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《大行報告》花旗升創科(00669.HK)目標價至190元 去年業績勝預期及市場份額升
創科實業(00669.HK)今早股價抽上,盤中曾高見141.6元一度彈高13.5%,最新報137元升9.8%。 花旗發表報告表示,創科實業去年純利10.99億美元,按年升37%,略優於該行原預期10.92億元,指公司去年收入按年升35%至132億美元亦優預期,決定上調對其今明兩年每股盈利預測1至3%。該行重申對創科「買入」投資評級,目標價由183元上調至190元,相當明年預測市盈率29倍。 該行指,去年業績顯示公司明顯提升了市場份額。創科實業管理層在線上分析員會議,給予至2024年銷售目標達到200億美元,在2021年至2024年收入複合增長率指引約為20%,料2022年可錄雙位數字增長,並計劃2024年美國廠房產出於全體廠房佔比介乎30至40%。 花旗引述創科實業管理層料未來五年毛利可持續提升50個基點,主要受惠推出新產品、電動工具及戶外動力設備(OPE)規模優勢及產品組合等。(wl/u) ~
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