MC Group Remains a Buy on High-Yield Play, Other Tailwinds -- Market Talk

Dow Jones
2025/02/04

0256 GMT - MC Group retains its buy call from Thanachart Securities as the stock is a high-yield play, the brokerage's Phannarai Tiyapittayarut says in a research report. The stock looks inexpensive at a 10.1X 2025 price-to-earnings multiple and a 9.9% dividend yield, the analyst says. Also, the Thai company's sales from online channels are still growing, with contribution to its total sales expected to increase to 19.2% in 2027 from 10.4% in 2024. However, the manufacturer and marketer of 'Mc Jeans' is slowing store openings, which prompts the brokerage to cut its earnings estimates by 6% for 2025, 8% for 2026, and 11% for 2027. Thanachart Securities lowers its target price to THB12.00 from THB15.00. Shares closed 1% higher at THB10.00 on Monday. (ronnie.harui@wsj.com)

 

(END) Dow Jones Newswires

February 03, 2025 21:56 ET (02:56 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