- GoerTek reported preliminary net income between 2.56 billion yuan and 2.77 billion yuan.
- This amount is less than the estimated 2.83 billion yuan expected by analysts.
- Despite missing estimates, GoerTek’s net income increased significantly by 135% to 155% compared to the previous period.
- Market analysts have given GoerTek 19 “buy” ratings, 5 “hold” ratings, and 3 “sell” ratings.
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A look at Goertek Inc A Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
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
Analysts assessing Goertek Inc A‘s long-term outlook utilizing the Smartkarma Smart Scores find an overall positive sentiment. With consistent scores across multiple factors including Value, Dividend, Growth, Resilience, and Momentum, the company displays a balanced performance across key areas. Notably, the company’s Momentum score stands out, indicating strong positive market momentum that could potentially drive future growth.
Goertek Inc A, a manufacturer of wireless communication products, has garnered respectable scores across critical aspects of its operations. From Value to Growth and Resilience, the company’s consistent performance underscores its stability and potential for sustained growth. Particularly, the company’s focus on wireless technology and electro-acoustic devices positions it well to capitalize on the evolving demands of the telecommunication and electro-acoustic industries globally.
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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