- In July, Singapore Air’s group airlines achieved a passenger load factor of 88.5%.
- The group carried a total of 3.54 million passengers during the month.
- The cargo load factor for the group’s airlines was reported at 57.1%.
- In terms of cargo and mail, the group transported 98.6 million kilograms.
- Investment recommendations for Singapore Air include 0 buys, 6 holds, and 8 sells.
Singapore Airlines on Smartkarma
Analyst coverage of Singapore Airlines on Smartkarma reveals insight from independent analyst Henry Soediarko. In his report titled “Singapore Airlines (SIA): Losing from Higher Crude Oil Price,” Soediarko highlights the potential earnings impact on Singapore Airlines due to the Middle East crisis. Rising crude oil prices could further strain earnings for the airline, as it has significant cost exposure to fuel expenses. Despite facing challenges, Singapore Airlines‘ high dividend yield may offer some support in the near term. However, the analyst warns that a higher crude oil price, which accounts for up to 30% of the total cost, could lead to a decline in earnings for the airline.
A look at Singapore Airlines Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
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
Based on Smartkarma Smart Scores, Singapore Airlines shows a promising long-term outlook. With a strong rating in dividend, growth, resilience, and momentum, the airline demonstrates positive indicators across key factors. A high score in dividend highlights the company’s ability to distribute profits to its shareholders consistently. Additionally, solid growth and resilience scores suggest potential for expansion and capability to withstand challenges in the market. The momentum score further implies a good trajectory for the company’s performance.
Singapore Airlines Limited, a renowned provider of air transportation services, stands out as a reliable player in the industry. Offering a range of services including air charter and pilot training, the company’s operations span across various regions. With a balanced mix of strengths in different areas according to the Smartkarma Smart Scores, Singapore Airlines appears well-positioned for sustained growth and stability in the long run.
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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