|Bid||1.4900 x 0|
|Ask||1.5000 x 0|
|Day's range||1.4800 - 1.5000|
|52-week range||1.4600 - 2.0300|
|Beta (3Y monthly)||0.81|
|PE ratio (TTM)||14.02|
|Earnings date||5 Aug 2019 - 13 Aug 2019|
|Forward dividend & yield||0.09 (6.04%)|
|1y target est||1.96|
Investors need to look at these three useful operating metrics to be able to size up Starhub Ltd's (SGX: CC3) business better.
Starhub (SGX: CC3) has been through tough times amid the impending entry of a fourth telco. So does it look cheap for investors right now?
In Singapore, the rollout of the 5G network by 2020 is looming. Should SingTel (SGX: Z74) and StarHub (SGX: CC3) start to fret given the amounts of investment required?
Singapore Telecommunications is set to post its lowest annual profit in 16 years on Wednesday, underscoring challenges Southeast Asia's largest telecoms firm faces as its rivals strike deals in a highly competitive industry. Slowing demand at home and intense competition in its key overseas markets have capped Singtel's profit growth in recent years. Analysts say Singapore's second-biggest firm by market capitalisation faces pressure to cut costs and find new sources of revenue, as other telcos seek ways to boost margins through measures such as job cuts and mergers.
SINGAPORE (May 6): Consensus are mostly neutral on StarHub following its results announcement on May 3. The revenue increase was mainly driven by strong segmental revenue contributions from network solutions (+9%) and cyber security services (+41%), which mitigated 5% and 12% lower service revenues from the mobile and Pay TV businesses, respectively. Looking ahead, StarHub says it expects 2019 service revenue to decline 2%.
SINGAPORE (Feb 18): RHB Research and UOB Kay Hian are maintaining their “neutral” and “sell” calls on StarHub with target prices of $2.02 and $1.45, respectively. Meanwhile, Phillip Capital has downgraded its rating on StarHub to “neutral” from “accumulate” with a lower target price of $1.58 compared to $1.88 previously. The group also announced it intends to fully transition into a variable payout of at least 80% of core earnings from FY20, with its management having guided for a FY19 total payout of 9 cents, below the 16 cents paid out in the last two years.