Welcome!
TransCore
Broker's Calls
PhilipCapital initiates ‘buy’ on ST Engineering from tailwinds from higher security spending and MRO demand
ST Engineering's commercial aerospace (CA) sector will see a rise in aerospace maintenance, repair and overhaul (MRO) services.
September 26, 2023
Broker's Calls
Combination of defensive yield and growth makes ST Engineering a 'special investment opportunity': RHB
RHB calls ST Engineering a 'special investment opportunity'
May 09, 2023
Aviation & Engineering
Analysts cheer ST Engineering’s revenue visibility, but Citi is not so sure
Despite 9 out of 11 analysts calling "buy" on STE, find out why Citi is calling "sell" and lowering its target price on STE.
December 01, 2022
M&A
S&P downgrades ST Engineering's credit rating to "AA+" following debt-funded TransCore acquisition
ST Engineering recently changed its dividend policy to a quarterly payout of 4 cents per quarter
March 23, 2022
M&A
ST Engineering completes US$2.7 bil TransCore acquisition
ST Engineering had previously obtained CFIUS approvals for all 11 of its past deals in the US.
March 15, 2022
M&A
ST Engineering marks largest acquisition to date with US$2.68 bil bid for TransCore
The acquisition is valued at a EV / EBITDA multiple of 16.2 times.
October 03, 2021