|Day's Range||25.36 - 25.73|
|52 Week Range||25.26 - 32.38|
|PE Ratio (TTM)||25.91|
|Dividend & Yield||0.96 (3.78%)|
|1y Target Est||N/A|
Shares in aircraft maintenance provider SIA Engineering (S59.SG) have skidded 5% this week, but that could be a buying opportunity. SIA, which is majority owned by Singapore Airlines, traded about 1% lower still in Singapore Wednesday morning after dropping a disappointing set of first quarter numbers. Recurring profit slipped 5% year-on-year – below analyst forecasts – while profit contribution from SIA’s engine repair unit cratered by more than 40%.
While the conglomerate's 2017 guidance was painful, analysts suggest that it had to be done.
United Technologies and Caterpillar reported better-than-expected Q2 results before the opening bell on Tuesday.