- Korean Air reported an operating profit of 476.51 billion won for the fourth quarter.
- The net profit recorded by the company for the same period was 283.35 billion won.
- Total sales for Korean Air in the fourth quarter reached 4.03 trillion won.
- Analysts’ ratings included 13 buy recommendations, 1 hold, and no sell recommendations.
Korean Air Lines on Smartkarma
Analyst coverage on Korean Air Lines on Smartkarma shows a bullish sentiment from Douglas Kim. In his report titled “Korean Air Spearheading the Korean Airline Industry Consolidation,” Kim highlights the potential merger between Korean Air and Asiana Airlines that has been in discussion for nearly four years. Despite delays, the merger seems more likely to happen now, with a higher probability of receiving final approval from the United States Department of Justice. Kim sees the merger as an opportunity for Korean Air to benefit from improved profitability, better balance sheet, and attractive valuations, suggesting that Korean Air shares could outperform KOSPI in the next 12 months.
A look at Korean Air Lines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 4.0 |
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 Smartkarma Smart Scores, Korean Air Lines shows a promising long-term outlook. With strong scores in Growth and Momentum, the company is positioned for significant future expansion and performance. The high score in Dividend also indicates a favorable return for investors. While Value and Resilience scores are slightly lower, the overall outlook remains positive for Korean Air Lines.
Korean Air Lines Co., Ltd. operates air transportation services, offering passenger and cargo transportation, aircraft maintenance, and air catering. Providing both domestic and international airline services, the company’s robust Growth and Momentum scores suggest a bright future ahead, supported by a solid Dividend score for investors. Although Value and Resilience scores are not as high, Korean Air Lines is well-positioned for long-term success.
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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