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

Dow Jones

Feb 04, 2025

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)

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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. 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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) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 03, 2025 21:56 ET (02:56 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1878469433.USD","symbol_name":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2508011391","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2508011391","pubTimestamp":1738637760,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"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. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"LU1878469433.USD":"THREADNEEDLE (LUX) - AMERICAN SMALLER COMPANIES \"A\" (USD) ACC","MC":"Moelis & Company","BK4127":"投资银行业与经纪业"},"translate_title":"MC Group仍然买入高收益股票和其他有利因素——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"US6M.BOND":1,"US10Y.BOND":1,"US3Y.BOND":1,"US2Y.BOND":1,"US12M.BOND":1,"US5Y.BOND":1,"US30Y.BOND":1,"MC":1,"US7Y.BOND":1},"content_text":"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) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 03, 2025 21:56 ET (02:56 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}