ST Engineering's Projected Earnings-Per-Share Growth Likely Priced In -- Market Talk

Dow Jones

Apr 02

0256 GMT - Singapore Technologies Engineering's projected core earnings-per-share growth has likely been priced in, say CGS International's Lim Siew Khee and Meghana Kande in a note. The defense engineering group's latest contract win reinforces its growing presence in the Middle East, where it has secured around S$1.1 billion in defense orders so far this year. However, the analysts expect order conversion in its defense and public security segment to be irregular, while its commercial aerospace segment could see some customers delaying non-critical orders amid elevated jet fuel prices. CGS downgrades its rating on ST Engineering to hold from add, noting it is trading at a premium over larger defense peers' valuations. The brokerage retains its S$11.05 target price. Shares fall 1.0% to S$10.99. (megan.cheah@wsj.com)

(END) Dow Jones Newswires

April 01, 2026 22:56 ET (02:56 GMT)

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The defense engineering group's latest contract win reinforces its growing presence in the Middle East, where it has secured around S$1.1 billion in defense orders so far this year. However, the analysts expect order conversion in its defense and public security segment to be irregular, while its commercial aerospace segment could see some customers delaying non-critical orders amid elevated jet fuel prices. CGS downgrades its rating on ST Engineering to hold from add, noting it is trading at a premium over larger defense peers' valuations. The brokerage retains its S$11.05 target price. Shares fall 1.0% to S$10.99. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 22:56 ET (02:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ST Engineering's Projected Earnings-Per-Share Growth Likely Priced In -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nST Engineering's Projected Earnings-Per-Share Growth Likely Priced In -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-04-02 10:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0256 GMT - Singapore Technologies Engineering's projected core earnings-per-share growth has likely been priced in, say CGS International's Lim Siew Khee and Meghana Kande in a note. The defense engineering group's latest contract win reinforces its growing presence in the Middle East, where it has secured around S$1.1 billion in defense orders so far this year. However, the analysts expect order conversion in its defense and public security segment to be irregular, while its commercial aerospace segment could see some customers delaying non-critical orders amid elevated jet fuel prices. CGS downgrades its rating on ST Engineering to hold from add, noting it is trading at a premium over larger defense peers' valuations. The brokerage retains its S$11.05 target price. Shares fall 1.0% to S$10.99. (megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 01, 2026 22:56 ET (02:56 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0348783233.USD","symbol_name":"安联东方收入型 CI A Dis美元","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2624521186","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2624521186","pubTimestamp":1775098560,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0256 GMT - Singapore Technologies Engineering's projected core earnings-per-share growth has likely been priced in, say CGS International's Lim Siew Khee and Meghana Kande in a note. The defense engineering group's latest contract win reinforces its growing presence in the Middle East, where it has secured around S$1.1 billion in defense orders so far this year. However, the analysts expect order conversion in its defense and public security segment to be irregular, while its commercial aerospace segment could see some customers delaying non-critical orders amid elevated jet fuel prices. CGS downgrades its rating on ST Engineering to hold from add, noting it is trading at a premium over larger defense peers' valuations. The brokerage retains its S$11.05 target price. Shares fall 1.0% to S$10.99. ","collect":0,"end_time":0,"defaultTopTitle":"","property":["earning"],"viewcount":null,"language":"en","relate_stocks":{"LU0348783233.USD":"安联东方收入型 CI A Dis美元","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","LU0348784397.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USD) ACC","IE00BKZH1Z71.USD":"BNY MELLON ASIAN INCOME \"B\" (USD) ACC","LU0348744763.USD":"ALLIANZ ASIA PACIFIC INCOME \"A\" (USD) INC","SG9999001127.SGD":"United Singapore Growth Fund SGD","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK6504":"工业制品概念","LU1242518857.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"I\" (USD) ACC","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","LU0348783662.USD":"ALLIANZ ORIENTAL INCOME \"A\" (USDHDG) INC","LU0348766576.USD":"ALLIANZ LITTLE DRAGONS \"A\" (USD) INC","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999001226.SGD":"UNITED SUSTAINABLE ASIA TOP 50 \"A\" (SGD) ACC","LU0348767384.USD":"ALLIANZLITTLE DRAGONS \"A\" (USD) ACC","BK6523":"ESG概念","LU0417516571.SGD":"Allianz Oriental Income Cl AT Acc SGD","SG9999014302.SGD":"RHB Singapore Income Fund SGD","SGXZ27511609.SGD":"NIKKO AM SINGAPORE DIVIDEND EQUITY \"SGD\" (SGD) ACC","SG9999003826.SGD":"日兴资管新加坡股息基金 SGD","S63.SI":"新科工程","BK4187":"航天航空与国防","LU2293587155.HKD":"ALLIANZ ORIENTAL INCOME \"AT\" (HKD) ACC","SG9999003461.SGD":"United Asia Pacific Infrastructure SGD","SG9999000343.SGD":"Schroder Singapore Trust A Dis SGD","SG9999008742.SGD":"Eastspring Investments Unit Trusts - Singapore ASEAN Equity SGD","SG9999000475.SGD":"Aberdeen Standard Singapore Equity SGD","LU1242518931.SGD":"Fullerton Lux Funds - Asia Absolute Alpha A Acc SGD","SGXZ43160589.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) ACC","SG9999002406.SGD":"利安新加坡信托基金","LU1048588211.SGD":"Blackrock Asian Dragon A2 SGD-H","SG9999002950.SGD":"United Asian Growth Opportunities SGD","SGXZ24219693.SGD":"UNITED SG DYNAMIC INCOME FUND \"A\" (SGD) INC","BK6094":"航天航空与国防","LU0072462343.USD":"贝莱德亚洲巨龙基金","LU0979878070.USD":"FULLERTON LUX FUNDS - ASIA ABSOLUTE ALPHA \"A\" (USD) ACC","SG9999002620.SGD":"LionGlobal South East Asia SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","SG9999016042.SGD":"Schroder Singapore Trust A Acc SGD","SG9999001051.SGD":"United Asia Fund SGD"},"translate_title":"ST Engineering预计的每股收益增长可能已反映在市场讨论中","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"S63.SI":1.96},"content_text":"0256 GMT - Singapore Technologies Engineering's projected core earnings-per-share growth has likely been priced in, say CGS International's Lim Siew Khee and Meghana Kande in a note. The defense engineering group's latest contract win reinforces its growing presence in the Middle East, where it has secured around S$1.1 billion in defense orders so far this year. However, the analysts expect order conversion in its defense and public security segment to be irregular, while its commercial aerospace segment could see some customers delaying non-critical orders amid elevated jet fuel prices. CGS downgrades its rating on ST Engineering to hold from add, noting it is trading at a premium over larger defense peers' valuations. The brokerage retains its S$11.05 target price. Shares fall 1.0% to S$10.99. (megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 01, 2026 22:56 ET (02:56 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}