- Cathay Pacific experienced a significant increase in passenger traffic, growing by 19.8% in March.
- The cargo segment also saw growth, with cargo carried rising by 10.6%.
- HK Express, a subsidiary, reported an even stronger rise in passenger traffic, with a 25.4% increase.
- Analyst ratings for Cathay Pacific stock show mixed sentiment: 6 buy recommendations, 7 hold recommendations, and 2 sell recommendations.
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A look at Cathay Pacific Airways Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Based on the Smartkarma Smart Scores, Cathay Pacific Airways seems to have a positive long-term outlook. With a high Growth score of 5, the company is positioned for expansion and development in the future. Additionally, a strong Dividend score of 4 indicates a good potential for consistent dividend payouts to investors, reflecting stability and profitability.
While the company scores moderately on Value, Resilience, and Momentum with scores of 3, these factors still contribute to a solid overall outlook. Cathay Pacific Airways, which operates scheduled airline services along with related services such as catering and aircraft handling, appears well-positioned to navigate market challenges and continue to grow over the long term.
Summary: Cathay Pacific Airways Limited is an airline company that runs scheduled airline services and offers related services like catering and aircraft handling. With predominantly positive Smartkarma Smart Scores, the company shows promising signs for future growth and stability in the industry.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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