Topsports International Holdings Likely to Face Headwinds, Slower Recovery -- Market Talk

Dow Jones

May 23, 2025

0856 GMT - Topsports International Holdings may face business challenges in the coming years, according to Monringstar analyst Ivan Su in a research note. After incorporating more promotional headwinds and a slower recovery, Morningstart cuts its fiscal 2026-2029 revenue estimates for Topsports by an average of 9% and operating profit forecasts by 23%. It also pushed back the timeline for a turnaround, now expecting Topsports' revenue to return to growth in fiscal 2027, according to the analyst. Morningstar lowers Topsports' fair value estimate by 18% to HK$5.60. Despite this, Su still views shares as undervalued, as they trade at an 8% dividend yield and more than a 40% discount to Morningstar's valuation. Shares were last traded at HK$2.80. (tracy.qu@wsj.com)

(END) Dow Jones Newswires

May 23, 2025 04:56 ET (08:56 GMT)

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After incorporating more promotional headwinds and a slower recovery, Morningstart cuts its fiscal 2026-2029 revenue estimates for Topsports by an average of 9% and operating profit forecasts by 23%. It also pushed back the timeline for a turnaround, now expecting Topsports' revenue to return to growth in fiscal 2027, according to the analyst. Morningstar lowers Topsports' fair value estimate by 18% to HK$5.60. Despite this, Su still views shares as undervalued, as they trade at an 8% dividend yield and more than a 40% discount to Morningstar's valuation. Shares were last traded at HK$2.80. 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After incorporating more promotional headwinds and a slower recovery, Morningstart cuts its fiscal 2026-2029 revenue estimates for Topsports by an average of 9% and operating profit forecasts by 23%. It also pushed back the timeline for a turnaround, now expecting Topsports' revenue to return to growth in fiscal 2027, according to the analyst. Morningstar lowers Topsports' fair value estimate by 18% to HK$5.60. Despite this, Su still views shares as undervalued, as they trade at an 8% dividend yield and more than a 40% discount to Morningstar's valuation. Shares were last traded at HK$2.80. (tracy.qu@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  May 23, 2025 04:56 ET (08:56 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":"BK1114","symbol_name":"服装零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2537080185","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2537080185","pubTimestamp":1747990560,"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":"0856 GMT - Topsports International Holdings may face business challenges in the coming years, according to Monringstar analyst Ivan Su in a research note. After incorporating more promotional headwinds and a slower recovery, Morningstart cuts its fiscal 2026-2029 revenue estimates for Topsports by an average of 9% and operating profit forecasts by 23%. It also pushed back the timeline for a turnaround, now expecting Topsports' revenue to return to growth in fiscal 2027, according to the analyst. Morningstar lowers Topsports' fair value estimate by 18% to HK$5.60. Despite this, Su still views shares as undervalued, as they trade at an 8% dividend yield and more than a 40% discount to Morningstar's valuation. Shares were last traded at HK$2.80. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1114":"服装零售","BK1512":"体育用品","06110":"滔搏"},"translate_title":"滔搏国际控股可能面临阻力，复苏放缓——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"06110":1},"content_text":"0856 GMT - Topsports International Holdings may face business challenges in the coming years, according to Monringstar analyst Ivan Su in a research note. After incorporating more promotional headwinds and a slower recovery, Morningstart cuts its fiscal 2026-2029 revenue estimates for Topsports by an average of 9% and operating profit forecasts by 23%. It also pushed back the timeline for a turnaround, now expecting Topsports' revenue to return to growth in fiscal 2027, according to the analyst. Morningstar lowers Topsports' fair value estimate by 18% to HK$5.60. Despite this, Su still views shares as undervalued, as they trade at an 8% dividend yield and more than a 40% discount to Morningstar's valuation. Shares were last traded at HK$2.80. (tracy.qu@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 23, 2025 04:56 ET (08:56 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"}}}