On the 10th, HYBE is up more than 6% intraday. Investor sentiment appears to have improved ahead of the boy band BTS's return.
As of 10:05 a.m. on the day in the Korea Exchange, HYBE is trading at 309,000 won, up 18,000 won (6.19%) from the previous session.
In the securities industry, analysts said HYBE is expected to recover its operating margin to the 10% range next year on the back of BTS's return and the full-fledged monetization of mid- to lower-tenure artists.
Hwang Ji-won, an iM Securities researcher, said, "BTS is set to return as a full group next year, and the leading activity schedule at present is to release a new album in March and then begin a world tour from April," adding, "They are expected to draw about 3.5 million to 4 million attendees, and an increase in the average ticket price (ATP) is anticipated due to a higher share of shows in North America and Europe and deferred demand."
Hwang added, "Considering the leverage effect from resuming BTS's large-scale tour and the full-fledged monetization of mid- to lower-tenure artists, including overseas localized groups, we recommend continuing to increase holdings at the current share price level."
The U.S.-localized girl group KATSEYE ranked No. 31 on the Billboard Hot 100 and No. 4 on the Billboard 200 in its second year since debut. Its first North American tour is also underway. The rookie boy group Kordis surpassed 1 million in cumulative sales of its debut album.