A XP updated the models to Via (VIIA3), but maintained the target price of BRL 3 for the share and a neutral recommendation.
According to analysts, the company’s high leverage and debt amortization of BRL 1.7 billion in 2023 pose risks to results.
regarding the case AmericansThe XP foresees that the company will have the majority of the participation in the AMER on the 1P front (sales of its own on the platform), but to a lesser extent than its rival Magazine Luiza (MGLU3).
“We continue to see a tough competitive landscape, with foreign platforms like alibaba, amazon, Shein It is Shopee expanding further in the country”, they discuss.
Furthermore, the XP says macroeconomic prospects continue to be contrary to stories of growth and demand for durable goods.
Will Magazine Luiza and Via finally break the loss in 4Q22?
If anyone expected that Magazine Luiza It is Viafinally report profit in the fourth quarter of 2022 (4Q22), the news is not encouraging. According to projections of BTG Pactualretailers should — once again — have losses of BRL 91 million and BRL 113 million, respectively.
Analysts expect the gross volume of goods (GMV) online combined growth of 7% in the year. For Magazine Luiza, the expectation is for a 15% increase in GVM — an addition of R$ 1.6 billion. Already the Via should have a 4% drop in volume.
Source: Moneytimes
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