- Cathay Pacific’s passenger traffic increased by 24% in July.
- Total passengers carried by Cathay Pacific in July amounted to 2.49 million.
- The passenger load factor for Cathay Pacific reached 85.9%.
- Cargo volume carried by Cathay Pacific also rose, showing an 11% increase.
- A total of 140,156 tons of cargo was carried by Cathay Pacific.
- The cargo load factor for Cathay Pacific stood at 58.2%.
- HK Express, a subsidiary of Cathay Pacific, carried 685,784 passengers.
- The passenger load factor for HK Express was reported at 75.7%.
- There are currently 3 buy, 5 hold, and 6 sell ratings on the stock.
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 shows promising long-term potential. With a strong Growth score of 5, the company is positioned for significant expansion and development in the future. This indicates a positive trajectory for the airline’s market share and revenue growth over time.
Additionally, the company’s high Dividend score of 4 suggests that investors could benefit from steady dividend payouts, reflecting a stable financial standing. While the Value, Resilience, and Momentum scores are slightly lower at 3, they still indicate a solid foundation and consistent performance in operations. Overall, Cathay Pacific Airways is well-positioned to capitalize on growth opportunities and deliver value to its shareholders.
Summary: Cathay Pacific Airways Limited operates scheduled airline services, along with related services such as airline catering, aircraft handling, and engineering.
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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