Techtronic Industries Insiders Sold US$85m Of Shares Suggesting Hesitancy

Simply Wall StNov 26 17:27 ET

A piece of news triggered a sharp fluctuation in techtronic ind's stock price, which once plummeted over 7%.

① How does techtronic ind respond to potential tariff risks? ② What is the institutions' view on techtronic ind's situation under the influence of trade tariffs?

cls.cnNov 25 21:37 ET

Lyon: Reiterated a "outperform" rating on techtronic ind with a target price cut to 135 Hong Kong dollars.

Lyon released a research report stating that due to trade fluctuations and slightly higher sales and general administrative expenses (SG&A), the net income forecast for techtronic ind (00669) for the fiscal years 2025 and 2026 will be reduced by 4.4% and 3.4% respectively. The target price is also lowered from 138 Hong Kong dollars to 135 Hong Kong dollars, reiterating an "outperform market" rating. The company's advantage in product innovation and solution development is expected to further widen its profit gap with its peers. Lyon expects that techtronic's brand matrix and close connection with non-residential distribution channels will drive Milwaukee's sales growth back to double digits.

Sina Hong Kong StockNov 22 02:01 ET

Why Techtronic Industries Company Limited (HKG:669) Could Be Worth Watching

Simply Wall StNov 14 17:50 ET

Major bank rating | Citigroup: Rated techtronic ind as a buy, one of the preferred choices in the mainland industrial sector.

Citibank's report states that Home Depot's third quarter same-store sales growth fell by 1.3%, exceeding expectations. The company has raised its full-year sales decline from 3% to 4% to 2.5%, believing that same-store sales growth benefited from stable weather, seasonal products, and increased popularity of some outdoor products, as well as demand related to tornadoes. The report points out that as Home Depot is techtronic ind's largest customer, the latter is expected to gain good momentum in the third quarter, although techtronic's stock price has recently been dragged down by Trump's potential tariff increase. The report believes this is a good buying opportunity, as techtronic has historically outperformed macroeconomic and industry performance.

Gelonghui FinanceNov 13 02:39 ET

Citi: Maintains a "buy" rating on techtronic ind (00669) with a target price of HK$140.

China Science is also one of Citi's preferred industrial stocks in China. The bank prefers China Science over Crest Peak Holdings (02285).

Zhitong FinanceNov 12 22:22 ET