Sensirion: Stifel still a buyer
(CercleFinance.com) - Stifel maintains its Buy rating on Sensirion shares, with an unchanged target price of 77 CHF.
The analyst reports that H1 2024 sales figures were 9% above consensus (with y-o-y organic growth of +8.9%), while the company's profits appear to have reached the upper end of the market's adjusted expectations.
Against this background, management is maintaining its full-year guidance (sales range 250m-280m CHF/EBITDA margin of 5%-10%), which continues to point to a dynamic second half of the year, driven by significant market share gains, the analyst concludes.
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The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.
The analyst reports that H1 2024 sales figures were 9% above consensus (with y-o-y organic growth of +8.9%), while the company's profits appear to have reached the upper end of the market's adjusted expectations.
Against this background, management is maintaining its full-year guidance (sales range 250m-280m CHF/EBITDA margin of 5%-10%), which continues to point to a dynamic second half of the year, driven by significant market share gains, the analyst concludes.
Copyright (c) 2024 CercleFinance.com. All rights reserved.
The information and analyses distributed by Cercle Finance are only intended as decision-making support for investors. Cercle Finance's responsibility may not be entailed, either directly or indirectly following the use of such information and analyses by readers. Any non-professional investor is recommended to consult a professional advisor before making any investment decision. This indicative information in no way constitutes any invitation to sell or buy securities.
The information and analyses published by Cercle Finance are intended solely as a decision-making aid for investors. Cercle Finance cannot be held responsible, directly or indirectly, for the use of information and analyses by readers. Uninformed investors are advised to consult a professional advisor before investing. This information does not constitute an invitation to sell or a solicitation to buy.