PLDT's 2025 Profit Prospects Look Better on Revenue Growth, Digital Bank's Income Turnaround -- Market Talk

Dow Jones
2025/01/15

0617 GMT - PLDT's 2025 profit prospects look better on sustained revenue growth and digital bank Maya's income turnaround, SB Equities' Katrine Eunice Dolatre says in a research report. The brokerage expects the Philippines telecommunications company's 2025 service revenue growth to resume its 6% rate and reduced capital expenditures and cost-management efforts to further improve cash flows. The brokerage raises its 2024 and 2025 core EPS forecasts for PLDT by around 1%, partly on an expected turnaround of the telco-backed digital bank, which management has indicated will be profitable by 2024. SB Equities raises the stock's target price to PHP1,782.00 from PHP1,500.00 with an unchanged add rating. Shares are 2.5% higher at PHP1,312.00. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

January 15, 2025 01:17 ET (06:17 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

應版權方要求,你需要登入查看該內容

免責聲明:投資有風險,本文並非投資建議,以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請,作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考,不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證,投資者應自行研究並在投資前尋求專業建議。

熱議股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10