Stock Track | Greentown Service Group Surges 7.6% on Analyst Upgrade, Margin Outlook

Stock Track08-27

Shares of Greentown Service Group soared 7.62% in intraday trading on Monday, August 27, as analysts at CGS International upgraded the Chinese property management company's stock rating and raised its target price, citing expectations for strong earnings growth.

In a research report, CGS analysts upgraded Greentown Service Group to an "add" rating from "hold" and increased the target price to HK$4.24 from HK$4.20. The analysts highlighted the company's potential for earnings per share growth, driven by margin improvement in its core property management services business.

According to the report, Greentown Service Group's gross profit margin from property management services widened by 1.1 percentage points in the first half of 2024. Additionally, the company's management targets an overall gross profit margin increase of 0.50 percentage points and a 0.50 percentage point reduction in its selling, general, and administrative expense ratio for the full year 2024.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1148725561?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-08-27 16:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1148725561","market":"us","top_or_hot":-1,"title":"Stock Track | Greentown Service Group Surges 7.6% on Analyst Upgrade, Margin Outlook","media":"Stock Track","content":"<p>Shares of Greentown Service Group soared 7.62% in intraday trading on Monday, August 27, as analysts at CGS International upgraded the Chinese property management company's stock rating and raised its target price, citing expectations for strong earnings growth.</p>\n\n<p>In a research report, CGS analysts upgraded Greentown Service Group to an \"add\" rating from \"hold\" and increased the target price to HK$4.24 from HK$4.20. The analysts highlighted the company's potential for earnings per share growth, driven by margin improvement in its core property management services business.</p>\n\n<p>According to the report, Greentown Service Group's gross profit margin from property management services widened by 1.1 percentage points in the first half of 2024. Additionally, the company's management targets an overall gross profit margin increase of 0.50 percentage points and a 0.50 percentage point reduction in its selling, general, and administrative expense ratio for the full year 2024.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Stock Track | Greentown Service Group Surges 7.6% on Analyst Upgrade, Margin Outlook</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\">\nStock Track | Greentown Service Group Surges 7.6% on Analyst Upgrade, Margin Outlook\n</h2>\n\n<h4 class=\"meta\">\n\n2024-08-27 16:26 北京时间&nbsp;&nbsp;&nbsp;<strong>Stock Track</strong>\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Greentown Service Group soared 7.62% in intraday trading on Monday, August 27, as analysts at CGS International upgraded the Chinese property management company's stock rating and raised its...</p>\n\n<a href=\"\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"02869","symbol_name":"绿城服务","start_time":0,"source_url":"","article_id":"1148725561","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1148725561","pubTimestamp":1724747166,"sourceInfo":null,"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Greentown Service Group soared 7.62% in intraday trading on Monday, August 27, as analysts at CGS International upgraded the Chinese property management company's stock rating and raised its target price, citing expectations for strong earnings growth.In a research report, CGS analysts upgraded Greentown Service Group to an \"add\" rating from \"hold\" and increased the target price to HK$4.24 from HK$4.20. The analysts highlighted the company's potential for earnings per share growth, dri","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"02869":"绿城服务"},"translate_title":"股票轨迹绿城服务集团因分析师升级和利润率前景而飙升7.6%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"02869":1},"content_text":"Shares of Greentown Service Group soared 7.62% in intraday trading on Monday, August 27, as analysts at CGS International upgraded the Chinese property management company's stock rating and raised its target price, citing expectations for strong earnings growth.\nIn a research report, CGS analysts upgraded Greentown Service Group to an \"add\" rating from \"hold\" and increased the target price to HK$4.24 from HK$4.20. The analysts highlighted the company's potential for earnings per share growth, driven by margin improvement in its core property management services business.\nAccording to the report, Greentown Service Group's gross profit margin from property management services widened by 1.1 percentage points in the first half of 2024. Additionally, the company's management targets an overall gross profit margin increase of 0.50 percentage points and a 0.50 percentage point reduction in its selling, general, and administrative expense ratio for the full year 2024.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"movement","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.1","shortVersion":"4.29.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1148725561"}