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《大行報告》中銀國際上調新東方(EDU.US)目標價至69.8美元 首季業績強勁
中銀國際發表研究報告指,新東方(EDU.US)2024財年首季表現強勁,業績勝於預期。期內,銷售及非通用會計準則淨利潤分別按年增加48%及126%。收入強勁主要是由暑假旺季、課業輔導復甦、海外準備和諮詢服務等帶動。毛利率和非通用會計準則淨利率分別創下59.9%和17.2%的歷史新高。 該行提到,集團對次季的銷售指引爲按年增長23%至26%,略低於市場預期的28%。不過,該行相信,公司第二季的最終增長將會超過指引,上調對集團次季的銷售預測2.5%,目標價由68美元上調至69.8美元,維持「買入」評級。
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