Goodman Group (GMG) Earnings Surge: FY Operating EPS Forecast sees 13% Increase Amid Strong Asset Management

Goodman Group on Smartkarma

Analysts on Smartkarma are closely following Goodman Group, with Brian Freitas recently publishing a bullish report titled “Goodman Group (GMG AU): Positioned for Outperformance.” In his analysis, Freitas highlights the potential for significant passive buying in the coming weeks. He notes that the stock has consistently outperformed its peers and that short interest is currently at low levels, indicating room for further upside. Freitas suggests that while there is existing positioning in the stock, there is still room for growth.

Furthermore, Freitas points out that Goodman Group (GMG AU) has been trending upwards recently, surpassing its industry peers over the past year. Despite trading at a slightly higher valuation compared to its peers, the stock’s inclusion in large indices has supported its price. Freitas anticipates another index inclusion in the near future, which could fuel additional outperformance in the short term. Overall, analyst coverage on Smartkarma reflects a positive sentiment towards Goodman Group‘s potential for continued growth and outperformance in the market.

A look at Goodman Group Smart Scores

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

Goodman Group, an integrated industrial property group with operations spanning across multiple continents, is positioned for a stable long-term outlook. Smartkarma Smart Scores indicate a moderate overall outlook for Goodman Group, with a resilience score of 3 reflecting its ability to weather potential market challenges. The momentum score of 5 suggests a strong upward trend in business performance, pointing towards favorable growth prospects. Although the value, dividend, and growth scores stand at 2, indicating room for improvement in these areas, Goodman Group‘s diversified portfolio and global presence uniquely position it for sustained success.

With a focus on property investment, funds management, development, and services, Goodman Group offers a wide range of industrial properties including business parks, office parks, and warehouse/distribution centers. Despite facing some moderate scores in key areas, Goodman Group‘s solid foundation and strong momentum signal a promising trajectory for the company’s future growth and resilience in the industrial property market.

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.
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