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The Returns At Techtronic Industries (HKG:669) Aren't Growing
Hong Kong stock movement | TECHTRONIC IND (00669) dropped over 4% in the afternoon, facing trade uncertainties in the Industry. The company has already increased its supply chain resilience.
TECHTRONIC IND (00669) fell more than 4% in the afternoon. As of the time of this report, it decreased by 3.71%, trading at 109 Hong Kong dollars with a transaction volume of 0.228 billion Hong Kong dollars.
An Intrinsic Calculation For Techtronic Industries Company Limited (HKG:669) Suggests It's 22% Undervalued
Techtronic Industries Insiders Sold US$85m Of Shares Suggesting Hesitancy
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?
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.
山芭佬 :