Recently, a large wave of listed company results came out, sell-side analysts are also tightly based on the latest results of the views and expectations of the revision.
Oriental Wealth Choice data show that over the past week (since October 17), the seller **** issued more than 800 individual stocks research report, including 11 stocks rating upward, there are 33 stocks by the brokerage firms to give a higher target price, the expected upside space of more than 50%.
It is worth noting that the recent upgraded rating or expected upside space of the stocks, generally for the three quarter performance is expected, or industry boom is expected to lift the company, in addition there are some companies due to the plight of the reversal of the major shareholders to buy back by the agency focus. From the industry point of view, the seller actively give a high target price of stocks piled up in the power equipment sector, automotive, electronics, textile and apparel, liquor plate part of the stock also has a high popularity.
Performance exceeded expectations, 11 shares were upgraded
Oriental Wealth Choice data show that the recent **** there are 11 stocks were upgraded by the seller.
Specifically, the power equipment plate *** there are three stocks were upgraded by the seller, respectively, Aixu shares, Ming Yang Intelligence, Pu Tai Lai; beauty care plate Yi Yi shares, Perrier was upgraded; in addition, the Jingji Zhengnong, Red Flag Chain, China Science and Technology, XIAOXIANG Electrical Appliances, Sheng Lu communications were also upgraded by some brokerage firms.
The brokerage China reporter combed through and found that the brokerage firms at this time upgraded stock ratings mainly due to performance exceeded expectations.
For example, Ming Yang Intelligence in the wind power sector has recently released a three-quarter advance announcement, the first three quarters of 2022 is expected to achieve net profit of 3.3 billion to 3.65 billion yuan, an increase of 52.68% to 68.88% year-on-year. IFC Securities believes that the company's three-quarter results exceeded expectations, superimposed on the company and the new strong United signed a framework procurement contract can be determined next year, the company's shipments will be more than 19GW +, and therefore raised earnings forecasts, coupled with the current valuation of the company is low, upgraded rating to "buy".
Another example, Shenglu communication recently released the third quarter results forecast, is expected to achieve earnings of 183 million yuan in the first three quarters of 2022 to 198 million yuan, an increase of 1152% to 1255%. Founder Securities recently upgraded its rating to "strongly recommended", that the company's military electronics business continues to grow, civil communications business new and old kinetic energy successive conversion. Founder Securities believes that the strong demand for national defense information technology driven by saturated development of military electronics business, the company in the field of ultra-wideband up and down frequency conversion technology in the domestic leading position, the products are widely used in airborne, shipboard, bomb, star and a variety of ground platforms. It is worth mentioning that shenglu communication since this year's share price performance is strong, the share price rose about 67% during the year.
On the consumer side, including Perrier, Yi Yi shares and other stocks with bright performance, also made analysts upgraded ratings.
For example, IFC Securities has upgraded its rating on YiYi Stock to "buy". The company's third-quarter report shows that its revenue and net profit for the first three quarters were 1.141 billion yuan and 127 million yuan, up 20.77 percent and 22.53 percent year-on-year, respectively. IFC Securities believes that the company's high base under the steady growth of diaper pad exports, Japan / U.S. large customer growth eye-catching; at the same time benefited from the Department of raw material prices down, gross margins ring repair, exchange rate thickening profits, so the medium and long term optimistic about the company's scale effect of the cost advantages brought about by the release of production capacity to support the growth of the company.
Perlane recently announced that the company in the first three quarters of the net profit of 477-497 million yuan, an increase of 30.92% -36.41%. According to Soochow Securities, the company's multi-platform layout is leading, and the big single product is advancing smoothly. Considering its performance is stronger than the industry as a whole, and it is expected to continue its strong performance in Q4, the company is upgraded to "buy" rating.
33 stocks are expected to rise more than 50%
The brokerage China reporter combed through and found that in the Oriental Wealth Choice included in the brokerage firms research report, there are a lot of stocks have been brokerage analysts have recently given a higher target price, according to the closing price of October 21st, of which there are 33 expected to rise more than 50% space. 50%.
Sub-industry, the power equipment industry is highly favored by analysts, many of the subject is given by analysts a larger expected upside, in 33 stocks accounted for more than 40%, popularity is far better than other industries. Next is the automotive industry, accounting for nearly 20%; in addition to electronics, textile and apparel, light manufacturing industry, there are some stocks were analysts give more than 50% of the expected space.
Specifically, in the automotive sector, 700 billion market value leader BYD is still favored by many brokers, actively give a higher target price. Soochow Securities, Guolian Securities were recently given 415.2 yuan, 404.64 yuan target price, expected upside of more than 50%. According to BYD October 17 evening forecast, the company 2022 the first three quarters to achieve net profit of 9.1 billion yuan -9.5 billion yuan, an increase of 272.48% -288.85%. Soochow Securities believes that the company's performance greatly exceeded market expectations, single-vehicle earnings significantly improved.
Meanwhile, Junsheng Electronics, Changan Automobile, Guangzhou Automobile Group, Wanfeng Aowei and other auto stocks are also favored by sellers such as Deppon Securities, Dongfang Securities and Oriental Fortune Securities.
Recently, sellers have more confidence, give a higher target price of individual stocks, also including liquor plate of Guizhou Maotai, Luzhou Laojiao; electronic plate of Canrui technology, Tengjing technology; textile and apparel plate of Huali Group, Mugao Di, and so on.
From the brokerage recommended logic, sales growth, three-quarter results exceeded expectations or in line with expectations is the main reason why brokers are actively looking for more. There are also some stocks such as Ou Pai home furnishings, because the major shareholders to buy back to show long-term confidence and by the brokerage firms have eyes.
Power equipment sector stocks riding high
What is worth paying attention to is that, from the point of view of the target price, power equipment sector is the most optimistic brokerage analysts in the recent sector.
Power equipment plate, brokerage firms to give a high target price of the subject almost all of the battery-related subjects, and the plate's high degree of prosperity and strong performance related. For example, PuTaiLai, ZhongWei shares are given a higher target price by Soochow Securities; Guolian Securities gave Ningde era target price of 684 yuan, compared with its current share price of 413 yuan, there is still 66% of the upside.
Star source material at the same time by Huafu securities and Soochow securities two brokerage firms to give 33.89 yuan, 33.30 yuan target price, its latest closing price of only 19.87 yuan, are expected to rise 71%, 68%. The company's 2022 third-quarter report showed revenue of 2.093 billion yuan in the first three quarters, up 59.2 percent year-on-year, and net attributable profit of 588 million yuan, up 176.9 percent year-on-year.
Hua Fu Securities believes that the company is a leading lithium diaphragm, optimistic about three points: First, the new generation of wet line dry equipment localization to reduce costs; Second, the capacity from 2023 onwards high certainty of the discharge increase shipments; Third, the product customer structure of the marginal improvement of the selling price.
The Soochow Securities on October 17th for PuTaiLai give target price as high as 113.40 yuan, and as of October 21st closing, PuTaiLai closing price of 54.86 yuan, that is to say, at present the expected upside space as high as 107%. At the same time, western securities also in the recent research report will PuTaiLai rating up to "buy".
Pu Tai Lai's main business focuses on lithium-ion battery key materials and automated process equipment. The company in the first three quarters of 2022 the company's revenue of 11.414 billion yuan, an increase of 81.31% year-on-year; parent net profit of 2.273 billion yuan, an increase of 84.68% year-on-year. According to Soochow Securities, it is expected that the profitability of the company's negative electrode is expected to be maintained in 2022, and next year, with the release of new production capacity, the negative electrode supply tension is eased, and the product price is expected to be re-bargained, but the company's main high-end products, excellent customer structure, and it is expected to enjoy the technology premium, superimposed on the company's self-supply ratio is expected to be further increased to 80%+ in 2023, and the profitability of anti-pressure ability is strong.
In addition, Zeyu Intelligence, Tiannai Technology, Fangyuan shares, Xia Tungsten Xinneng, Kun Gong Science and Technology, Pai Energy Technology and other batteries, grid-related stocks are also by Guoyuan Securities, Axiom Securities, Southwest Securities, Soochow Securities and other brokers are optimistic.