[Featured Stock] Samsung SDS Declines on Weak Earnings Outlook... New Low

Samsung SDS continued its decline for the third consecutive day, hitting a 52-week intraday low.

As of 9:55 a.m. on the 27th, Samsung SDS was trading at 126,700 KRW, down 2,600 KRW (2.01%) from the previous day. During the session, the price fell to 125,400 KRW, breaking the 52-week low.

The decline is interpreted as being influenced by disappointing earnings forecasts. On the same day, Hyundai Motor Securities downgraded Samsung SDS's Q4 and next year's earnings forecasts based on industry conditions, lowering the target price by 10% to 180,000 KRW. Hyundai Motor Securities analyst Kim Hyun-yong said, "Samsung SDS's Q4 revenue is expected to increase by 7.3% year-on-year to 3.6234 trillion KRW, and operating profit is expected to rise by 5% to 225.2 billion KRW, which is 10% below the consensus (average securities firm forecast). It is difficult to expect a trend reversal, but there is a positive factor in the possibility of additional shareholder returns, including dividends, around January."

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