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FIT Hon Teng Limited (HK:6088)
HKEX:6088
RESEARCH TOOLSreports
FIT Hon Teng Limited (6088) Stock Price & Analysis
1 Followers
6088 Stock Chart & Stats
Day’s RangeHK$0 - HK$0
52-Week RangeHK$0.88 - HK$3.75
Previous CloseHK$3.47
Volume58.17M
Average Volume (3M)32.26M
Market Cap
HK$24.58B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)24.4
Beta1.28
Next Earnings
Aug 06, 2024EPS Estimate
HK$0Last Dividend Ex-Date
Jun 25, 2019Dividend YieldN/A
Share Statistics
EPS (TTM)0.14
Shares Outstanding7,289,948,572
10 Day Avg. Volume20,985,000
30 Day Avg. Volume32,262,706
Standard Deviation0.19
R-Squared0.09
Alpha0.00753
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
FIT Hon Teng Limited News
PremiumCompany Announcements
FIT Hon Teng Announces Board and Committees Composition
PremiumCompany Announcements
FIT Hon Teng Announces Multi-Million Dollar Investments
PremiumCompany Announcements
FIT Hon Teng Shareholders Greenlight Key Resolutions
PremiumCompany Announcements
FIT Hon Teng Announces Upcoming Annual MeetingBulls Say, Bears Say
Bulls Say
AI Server MarketPoised to benefit from AI server copper connectivity trends.
AirPods ProductionFirst production line of AirPods already started shipment in Vietnam in 1Q24, which is estimated to contribute 5-7% of sales in FY24.
Networking And Server SegmentFIT guided 15-20% growth for networking/server segment, driven by new copper products and mass production of MCIO connectors/cables.
Bears Say
Financial PerformanceFIT Hon Teng posted FY23 revenue of US$4,196mn (-7% YoY) and net profit of US$130mn (-24% YoY), largely in-line with guidance, mainly due to softer demand for traditional servers/PCs and optimization in networking segment.
Investor ConcernsShare price has been weak recently, partly due to investor concerns on Apple’s TWS order ramp-up and allocation.
Segment WeaknessThe revenue growth was mainly driven by EV segment due to Voltaira merger, but was offset by a decline in networking segment for product portfolio optimization and traditional server weakness.
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Options Prices
Currently, No data available
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Ownership Overview
0.00%
Insiders
1.11% Mutual Funds
0.54% Other Institutional Investors
98.36% Public Companies and
Individual Investors
6088 FAQ
What was FIT Hon Teng Limited’s price range in the past 12 months?
FIT Hon Teng Limited lowest stock price was HK$0.88 and its highest was HK$3.75 in the past 12 months.
What is FIT Hon Teng Limited’s market cap?
Currently, no data Available
When is FIT Hon Teng Limited’s upcoming earnings report date?
FIT Hon Teng Limited’s upcoming earnings report date is Aug 06, 2024 which is in 36 days.
How were FIT Hon Teng Limited’s earnings last quarter?
FIT Hon Teng Limited released its earnings results on Mar 12, 2024. The company reported HK$0.156 earnings per share for the quarter, missing the consensus estimate of HK$0.172 by -HK$0.016.
Is FIT Hon Teng Limited overvalued?
According to Wall Street analysts FIT Hon Teng Limited’s price is currently Overvalued.
Does FIT Hon Teng Limited pay dividends?
FIT Hon Teng Limited pays a Annually dividend of HK$0.07 which represents an annual dividend yield of N/A. See more information on FIT Hon Teng Limited dividends here
What is FIT Hon Teng Limited’s EPS estimate?
FIT Hon Teng Limited’s EPS estimate is HK$0.
How many shares outstanding does FIT Hon Teng Limited have?
FIT Hon Teng Limited has 7,289,948,700 shares outstanding.
What happened to FIT Hon Teng Limited’s price movement after its last earnings report?
FIT Hon Teng Limited reported an EPS of HK$0.156 in its last earnings report, missing expectations of HK$0.172. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of FIT Hon Teng Limited?
Currently, no hedge funds are holding shares in HK:6088
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FIT Hon Teng Limited Stock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
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News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
136.05%
12-Months-Change
Fundamentals
Return on Equity
5.40%
Trailing 12-Months
Asset Growth
12.07%
Trailing 12-Months
Company Description
FIT Hon Teng Limited
FIT Hon Teng Ltd is a manufacturer of electronic components. It focuses on the development, manufacturing and marketing of electronic and optoelectronic connectors, antennas, acoustic components, cables and modules for applications in computers, communication equipment, consumer electronics, automobiles, and industrial and green energy field products. Geographically, the group has a business presence in the U.S., the PRC, Taiwan, Hong Kong, Singapore, Malaysia and Other countries, of which a majority of revenue is derived from the U.S. Its operating segments are Intermediate products and Consumer products.
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6088 Stock 12 Month Forecast
Average Price Target
―Technical Analysis
Best Analysts Covering 6088
1 Year
1 Year Success Rate
10/10 ratings generated profit
1 Year Average Return
+132.08%
reiterated a buy rating 5 days ago
Copying Alex NG's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +132.08% per trade.
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