INSUBCONTINENT EXCLUSIVE:
They expect this oversight will lead to upward revisions in both estimates and sentiment.The optimism also stems from a robust domestic
market, marked by increased volumes of intercity, urban, and microbuses, alongside better international operations
60% discount from its ten-year average, significantly lower than the 10.3 times observed in 2012 and 2013.Marcopolo Shares Soar as JPMorgan
Forecasts Over 70% Upside Potential
(Photo Internet reproduction)JPMorgan forecasts an 8% dividend yield for Marcopolo by 2025 with a 50% payout ratio
Increasing the payout to 75% would elevate the yield to about 12%.Additionally, the trading volume has reached a record high, averaging $8.5
million daily over the past three months
projections showing steady volumes over the next two to three years across all segments.Analysts anticipate stronger performance in the
They expect third-quarter results to outperform the second quarter, with fourth-quarter outcomes likely surpassing the third.JPMorgan
predicts Marcopolo will achieve a record net profit of R$1.2 billion ($214 million) this year, six times higher than in 2019, with a net
margin of 14% compared to 5% previously.This level of profitability is expected to persist, driven by recent structural cost changes,
including factory closures and production shifts.The recovery in international operations continues to progress, as demonstrated by the
