- Revenue in the First Half: Galaxy Entertainment reported a revenue of HK$23.25 billion, aligning with market expectations of HK$23.15 billion.
- Mass Table Gaming Performance: There was a 6% increase in gross gaming revenue from mass tables.
- Second Quarter Financials: Adjusted EBITDA for the second quarter was HK$3.57 billion.
- Analyst Ratings: The company has received 21 buy ratings, 3 hold ratings, and no sell ratings.
A look at Galaxy Entertainment Group Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 4 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.4 |
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, Galaxy Entertainment Group Limited shows promising long-term potential for growth and resilience in the entertainment and construction sectors. With a strong score of 5 in Growth, the company is positioned for significant expansion and development opportunities. Additionally, Galaxy Entertainment Group exhibits a solid score of 4 in Resilience, indicating its ability to withstand economic uncertainties and market fluctuations.
Despite having average scores in Value and Dividend at 2, the company’s momentum score of 4 suggests positive market sentiment and a favorable upward trend. Overall, Galaxy Entertainment Group Limited presents a compelling outlook for investors looking to capitalize on the entertainment and construction industries in Macau.
### Galaxy Entertainment Group Limited, through its subsidiary, operates casino, hotel and other entertainment facilities in Macau. The company also manufactures sells and distributes construction materials. ###
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.
Have feedback on this article? Concerned about the content? Get in touch with us directly.
π‘ Before itβs here, it’s on Smartkarma
Sign Up for Free
The Smartkarma Preview Pass is your entry to the Independent Investment Research Network
- β Unlimited Research Summaries
- β Personalised Alerts
- β Custom Watchlists
- β Company Analytics and News
- β Events & Webinars
