大和:降汽车之家目标价至59港元 销售线索服务收入按年下跌

金融界
07 Nov 2024

大和发表报告指,汽车之家第三季销售线索服务收入按年下跌,受到二手车线索拖累。该行指,第三季的股息10亿人民币符合预期,但其第四季的销售线索服务收入按年下跌则令人失望,同时亦见到媒体服务收入在2025年至2026年有下跌的风险。

该行称,如公司明年回购1亿美元股份,并派发全年股息15亿元人民币,按目前市值计,股息率将逾9%,可为股价下行时提供支持。大和重申汽车之家跑赢大市评级,目标价由62港元降至59港元,相当预测市盈率14倍。另外考虑到较低的毛利,下调2025年至2026年的盈利预测5%至10%。

责任编辑:栎树

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