《大行報告》高盛:永利澳門(01128.HK)季業績低預期 維持「中性」評級
高盛發表報告指,永利澳門(01128.HK)第三季物業EBITDA為2.55億美元,大致差過該行及市場預期的2.54億至2.95億美元,主要因為中場贏率跌至20.3%,低於2019年的22%至23%,抵銷貴賓廳贏率上升的影響。永利澳門在博彩毛收入的市佔率維持在13.4%的穩定水平,其中貴賓廳按季下跌0.4個百分點至17%,中場上升0.9個百分點至13%,角子機下跌1.3個百分點至8.7%。
該行指,永利澳門管理層與其他同業一樣,對復甦步伐感到樂觀,認為市場競爭趨向良性,當澳門整體博彩毛收入達270億美元(相比2019年為360億美元),公司EBITDA將會全面復常。
該行指,永利澳門股價近一至兩個月跑贏同業,但今次季績遜預期,短期或對股價造成壓力,維持「中性」評級,目標價9.9元。
Follow us
Find us on
Facebook,
Twitter ,
Instagram, and
YouTube or frequent updates on all things investing.Have a financial topic you would like to discuss? Head over to the
uSMART Community to share your thoughts and insights about the market! Click the picture below to download and explore uSMART app!

Disclaimers
uSmart Securities Limited (“uSmart”) is based on its internal research and public third party information in preparation of this article. Although uSmart uses its best endeavours to ensure the content of this article is accurate, uSmart does not guarantee the accuracy, timeliness or completeness of the information of this article and is not responsible for any views/opinions/comments in this article. Opinions, forecasts and estimations reflect uSmart’s assessment as of the date of this article and are subject to change. uSmart has no obligation to notify you or anyone of any such changes. You must make independent analysis and judgment on any matters involved in this article. uSmart and any directors, officers, employees or agents of uSmart will not be liable for any loss or damage suffered by any person in reliance on any representation or omission in the content of this article. The content of the article is for reference only and does not constitute any offer, solicitation, recommendation, opinion or guarantee of any securities, virtual assets, financial products or instruments. Regulatory authorities may restrict the trading of virtual asset-related ETFs to only investors who meet specified requirements. Any calculations or images in the article are for illustrative purposes only.
Investment involves risks and the value and income from securities may rise or fall. Past performance is not indicative of future performance. Please carefully consider your personal risk tolerance, and consult independent professional advice if necessary.