ST ENGINEERINGPembelian
ST Engineering Break $4 - Is it a Good Buy?
ST Engineering's share price finally breaks $4, records a 52-week high at $4.04 today.
From what I saw on Moomoo forum. The break out signals has captured investor attention excited them for a trading opportunity.
In fundamental speaking, ST Engineering has demonstrated robust performance. Its annual revenue surpassed $10 billion, marking a 12% increase from the previous year. Net profit also saw a healthy growth of 10% to $586 million. The debt reduced by 7% records a a lower debt-to-EBITDA leverage ratio of 5.2 to 4.2.
Notably, the commercial aerospace segment experienced remarkable 31% revenue growth, surpassing the 2026 target. The order book stands strong at $27.4 billion, with $7.9 billion expected to be delivered in 2024.
Benefits from regional confrontation?
The increasing of the global arms conflicts has strengthen the demand for military supplies, leading to record-high military budgets and spending for countries like the USA, China, Japan, Singapore, Poland, etc.
To be noted that: ST Engineering isn't a pure play defence player, like Raytheon and Lockheed Martin. The management's have restructure the business segment from 5 to 4 with emphasis on city solutions and ICT.
Would you buy ST Engineering? Let's discuss
From what I saw on Moomoo forum. The break out signals has captured investor attention excited them for a trading opportunity.
In fundamental speaking, ST Engineering has demonstrated robust performance. Its annual revenue surpassed $10 billion, marking a 12% increase from the previous year. Net profit also saw a healthy growth of 10% to $586 million. The debt reduced by 7% records a a lower debt-to-EBITDA leverage ratio of 5.2 to 4.2.
Notably, the commercial aerospace segment experienced remarkable 31% revenue growth, surpassing the 2026 target. The order book stands strong at $27.4 billion, with $7.9 billion expected to be delivered in 2024.
Benefits from regional confrontation?
The increasing of the global arms conflicts has strengthen the demand for military supplies, leading to record-high military budgets and spending for countries like the USA, China, Japan, Singapore, Poland, etc.
To be noted that: ST Engineering isn't a pure play defence player, like Raytheon and Lockheed Martin. The management's have restructure the business segment from 5 to 4 with emphasis on city solutions and ICT.
Would you buy ST Engineering? Let's discuss
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.