You are browsing the Hong Kong website, Regulated by Hong Kong SFC (CE number: BJA907). Investment is risky and you must be cautious when entering the market.
大行評級|里昂:下調新東方目標價至66.28美元 下調2025財年收入及盈利預測
格隆匯 01-22 14:40
里昂指,新東方股價績後跌逾兩成,受東方甄選拖累盈利率遜預期及海外業務展望轉弱影響,縱其K-12業務仍處於軌道。該行基於海外業務及東方甄選展望轉弱,下調2025財年收入及盈利預測,將新東方目標價由94.1美元降至66.28美元,維持“跑贏大市”評級,基於目前估值不高。該行估算公司75%市值為淨現金,連同K-12業務,即使不計東方甄選及海外業務,估值亦超越現市值。該行預測公司2025財年收入按年升13.6%至49億美元,教育業務按年升24%至42.5億美元,較該行早前預測下調7%,主要基於東方甄選出售與輝同行及更疲弱海外業務展望,後者受海外留學意欲下降及疲弱宏觀下消費降級影響。該行料公司第三財季教育收入按年升16%至10.4億美元,略高於公司指引的10.1億至10.3億美元。
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.
uSMART
Wealth Growth Made Easy
Open Account