- Gulf Development reported a net income of 63.87 billion baht for the second quarter.
- This figure surpassed analysts’ estimates of 58.84 billion baht.
- Earnings per share (EPS) came in at 4.28 baht, exceeding the forecasted 3.54 baht.
- The company’s stock is currently rated with 20 buys, 1 hold, and 0 sell recommendations.
A look at Gulf Energy Development Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 5 | |
| Resilience | 2 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 2.8 |
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 indicate that Gulf Energy Development, a company specializing in electricity and steam production, shows a promising future in terms of growth and momentum. With a solid score of 5 in Growth, the company is expected to expand its operations significantly in the long run, potentially tapping into new markets and increasing its profitability. Additionally, a Momentum score of 3 suggests that Gulf Energy Development is showing positive trends in its stock performance, indicating investor confidence in its future prospects.
Although the company scores moderately in other areas such as Value, Dividend, and Resilience, its strong points in Growth and Momentum bode well for its long-term outlook. Gulf Energy Development’s focus on gas-fired and renewable power projects, along with its provision of steam and chilled water services, positions it well to meet the growing energy demands in Thailand. Investors may see potential in this company’s future growth trajectory based on these key factors.
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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