Venture Corp.'s Outlook Likely to Remain Muted -- Market Talk

Dow Jones

2024-11-11

0205 GMT - Venture Corp.'s outlook is likely to remain muted after the company's 3Q earnings came in below expectations, Maybank Research analyst Jarick Seet writes, as the brokerage trims its target price for the stock. The company is onboarding customers with new product introduction activities, Seet notes. He expects longer-term demand to strengthen while short-term demand remains soft, adding Venture Corp.'s management lowered its guidance and now expects 2H to be relatively flat from 1H. Maybank lowers its forecasts for 2024 and 2025 net profit after tax by 5% and 4.9%, respectively, and cuts its target price to S$12.60 from S$14.20. Maybank maintains a hold rating. Shares are last at S$12.92.(amanda.lee@wsj.com)

(END) Dow Jones Newswires

November 10, 2024 21:05 ET (02:05 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。

热议股票

1
2
3
4
5
6
7
8
9
10

{"basename":"/hans","ssrTDKData":{"titleTemplate":"%s - 老虎证券","title":"老虎证券全球投资理财平台| 一站式投资美股新股港股A股","description":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","keywords":"老虎证券,老虎证券开户,老虎券商,老虎证券官网,老虎证券app,tigertrade老虎证券,股票,炒股,新加坡股票交易平台,投资,投资理财","social":{"ogDescription":"老虎证券助您一站式投资美股，新股，港股，A股等全球金融理财产品。新加坡华人最信赖的在线投资平台，现在加入即享低费用，24/5 无时差炒美股投资理财！","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/hans/news/2482248048"},"companyName":"老虎证券"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2482248048\",edition:\"fundamental\",,,undefined,":{"share":"https://ttm.financial/m/news/2482248048?lang=zh_CN&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-11 10:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2482248048","market":"nz","top_or_hot":-1,"title":"Venture Corp.'s Outlook Likely to Remain Muted -- Market Talk","media":"Dow Jones","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0205 GMT - Venture Corp.'s outlook is likely to remain muted after the company's 3Q earnings came in below expectations, Maybank Research analyst Jarick Seet writes, as the brokerage trims its target price for the stock. The company is onboarding customers with new product introduction activities, Seet notes. He expects longer-term demand to strengthen while short-term demand remains soft, adding Venture Corp.'s management lowered its guidance and now expects 2H to be relatively flat from 1H. Maybank lowers its forecasts for 2024 and 2025 net profit after tax by 5% and 4.9%, respectively, and cuts its target price to S$12.60 from S$14.20. Maybank maintains a hold rating. Shares are last at S$12.92.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 10, 2024 21:05 ET (02:05 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta content=\"text/html; charset=utf-8\" http-equiv=\"Content-Type\"/>\n<meta content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\" name=\"viewport\"/>\n<meta content=\"telephone=no,email=no,address=no\" name=\"format-detection\"/>\n<title>Venture Corp.'s Outlook Likely to Remain Muted -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nVenture Corp.'s Outlook Likely to Remain Muted -- Market Talk\n</h2>\n<h4 class=\"meta\">\n<div class=\"head\">\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-11-11 10:05</p>\n</div>\n</div>\n</h4>\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0205 GMT - Venture Corp.'s outlook is likely to remain muted after the company's 3Q earnings came in below expectations, Maybank Research analyst Jarick Seet writes, as the brokerage trims its target price for the stock. The company is onboarding customers with new product introduction activities, Seet notes. He expects longer-term demand to strengthen while short-term demand remains soft, adding Venture Corp.'s management lowered its guidance and now expects 2H to be relatively flat from 1H. Maybank lowers its forecasts for 2024 and 2025 net profit after tax by 5% and 4.9%, respectively, and cuts its target price to S$12.60 from S$14.20. Maybank maintains a hold rating. Shares are last at S$12.92.(amanda.lee@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 10, 2024 21:05 ET (02:05 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones & Company, Inc.\n</p>\n</font>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"V03.SI","symbol_name":"创业公司","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2482248048","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2482248048","pubTimestamp":1731290700,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0205 GMT - Venture Corp.'s outlook is likely to remain muted after the company's 3Q earnings came in below expectations, Maybank Research analyst Jarick Seet writes, as the brokerage trims its target price for the stock. The company is onboarding customers with new product introduction activities, Seet notes. He expects longer-term demand to strengthen while short-term demand remains soft, adding Venture Corp.'s management lowered its guidance and now expects 2H to be relatively flat from 1H. Maybank lowers its forecasts for 2024 and 2025 net profit after tax by 5% and 4.9%, respectively, and cuts its target price to S$12.60 from S$14.20. Maybank maintains a hold rating. Shares are last at S$12.92.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"V03.SI":"创业公司"},"translate_title":"风险投资公司的前景可能仍然低迷——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"V03.SI":1},"content_text":"0205 GMT - Venture Corp.'s outlook is likely to remain muted after the company's 3Q earnings came in below expectations, Maybank Research analyst Jarick Seet writes, as the brokerage trims its target price for the stock. The company is onboarding customers with new product introduction activities, Seet notes. He expects longer-term demand to strengthen while short-term demand remains soft, adding Venture Corp.'s management lowered its guidance and now expects 2H to be relatively flat from 1H. Maybank lowers its forecasts for 2024 and 2025 net profit after tax by 5% and 4.9%, respectively, and cuts its target price to S$12.60 from S$14.20. Maybank maintains a hold rating. Shares are last at S$12.92.(amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 10, 2024 21:05 ET (02:05 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1}}}