FINANCIAL NEWS

ASX Winners And Losers Of Today – 18-09-24

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 18 2024


Treasure Chest: Regis Healthcare

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Regis Healthcare

Sep 18 2024


Brambles Leverages Deep Data Analysis

Informed by data analysis, Brambles sets new medium-term targets with an eye to material volume growth potential over the longer-term

Sep 18 2024


Australian Broker Call *Extra* Edition – Sep 18, 2024

Extra Edition of the Broker Call Report

Sep 18 2024


Technical Views On Nasdaq, ASX200 & Gold

Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, the ASX200 and Gold

Sep 18 2024


Citi rates IMD as Sell

Citi dissects the outlook for Imdex and exploration into two possibilities. The first suggests the market is looking through the recent near-term downgrades with the expectation of the industry going through the trough.

The second, there are risks around longer delays in an improvement in exploration which will continue to impact on the company. The Citi analyst is in this camp pointing to low levels of exploration activity from juniors for another 12-months.

With an earnings recovery in 2H25 increasingly unlikely, the broker remains cautious on Imdex, retaining a Sell rating and $2 target price.

UBS rates NEM as Buy

UBS raises its target for Buy-rated and preferred large cap gold miner Newmont Corp to $100 from $75. Divestments of between $2-4bn over the next year are set to accelerate deleveraging and cash returns, in the broker's view.

Assuming management can rebuild investor confidence, the analyst believes Newmont can recapture a valuation premium. It's felt the company is well positioned to deliver upon medium-term targets.

The broker's target price rises after incorporating the Telfer sale and aligning the valuation with North American mining peers.

Bell Potter rates SHV as Upgrade to Buy from Hold

Bell Potter raises its target for Select Harvests to $4.95 from $4.40 and upgrades to Buy from Hold after noting current consensus forecasts are underestimating the rise in almond prices.

Following the July USDA crop forecast, almond prices have rallied to between $8.00-8.50/kg, placing the broker's FY25 earnings (EBITDA) forecast around 17% ahead of the consensus estimate.

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ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

To display the stock analysis for a company please enter the company code:

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$31.21

17 Sep
2024

0.010

OPEN

$31.40

0.03%

HIGH

$31.44

2,604,897

LOW

$31.09

TARGET
$27.372 -12.3% downside
Franking for last dividend paid out: 65%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 236.8 224.0 xxx
DPS (cps) xxx 175.0 164.8 xxx
EPS Growth xxx - 5.3% - 5.4% xxx
DPS Growth xxx 20.3% - 5.8% xxx
PE Ratio xxx N/A 13.9 xxx
Dividend Yield xxx N/A 5.3% xxx
Div Pay Ratio(%) xxx 73.9% 73.6% xxx

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DAILY FINANCIAL NEWS

Treasure Chest: Regis Healthcare

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Regis Healthcare

Sep 18 2024 - Treasure Chest


Informed by data analysis, Brambles sets new medium-term targets with an eye to material volume growth potential over the longer-term

Sep 18 2024 - Australia


Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, the ASX200 and Gold

Sep 18 2024 - Technicals


Analysts see value in Dicker Data shares based on second quarter momentum and potential upside to PC sales

Sep 17 2024 - Small Caps


It’s only a matter of time before the ASX200 breaks above technical resistance, according to Michael Gable of Fairmont Equities

Sep 17 2024 - Technicals


Behind the Gen.Ai megatrend is the growing demand for data centres with major news making events putting the sector back into the spotlight, alongside the adjacent industries being swept up in the infrastructure build out

Sep 16 2024 - International


RUDI'S VIEWS

Rudi’s View: Plenty Of Traps In Equity Valuations

In this week’s Weekly Insights: -Plenty Of Traps In Equity Valuations-Post-August Key Picks-FNArena Talks-Gen.Ai – A New Section On The…

Sep 18 2024

DAILY MARKET REPORTS

ASX Winners And Losers Of Today – 18-09-24

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 18 2024


Australian Broker Call *Extra* Edition – Sep 18, 2024

Extra Edition of the Broker Call Report

Sep 18 2024


The Overnight Report: The First Cut

A global perspective on what happened overnight

Sep 18 2024


Today’s Financial Calendar – 18-09-2024

Significant Scheduled Events For 18 September, 2024

Sep 18 2024


ASX Winners And Losers Of Today – 17-09-24

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 17 2024


The Overnight Report: Ready For A New High

A global perspective on what happened overnight

Sep 17 2024


Today’s Financial Calendar – 17-09-2024

Significant Scheduled Events For 17 September, 2024

Sep 17 2024


WEEKLY REPORTS

Weekly Update On LICs & LITs – 17-Sep-2024

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Sep 17 2024

Uranium Week: U308 Supply In The SpotlightĀ 

The brave new world continues to reveal the heightened risk of geopolitics when it comes to global commodity supplies. This week uranium was in focus as Russia suggests a retaliation against Western sanctions and Kazatomprom hits a transportation cost hurdle

Sep 17 2024

Australian Listed Real Estate Tables – 16-09-2024

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data

Sep 16 2024


Weekly Ratings, Targets, Forecast Changes – 13-09-24

Weekly update on stockbroker recommendation, target price, and earnings forecast changes

Sep 16 2024

Next Week At A Glance – 16-20 Sep 2024

A brief look at important company events and economic data releases next week

Sep 13 2024

In Case You Missed It – BC Extra Upgrades & Downgrades – 13-09-24

A summary of the highlights from Broker Call Extra updates throughout the week past

Sep 13 2024


Weekly Top Ten News Stories – 13 Sep 2024

Our top ten news stories from 05 September 2024 to 12 September 2024

Sep 13 2024

In Brief: Banks vs Miners, MinRes, Paladin & Steadfast

Weekly Broker Wrap: Volatility is proving to be the name of the game in September with this week proving to be no exception

Sep 13 2024

The Short Report – 12 Sep 2024

FNArena’s weekly update on short positions in the Australian share market

Sep 12 2024


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THE MARKETS

    Click item/line to change chart

  • Australia

    18 September 2024   Updated : 20:12   AEDT

    SPI Overnight

    8116.00

    -34.00

    -0.42%

    NZ50

    12586.980

    -84.970

    -0.670%

    All Ordinaries

    8364.30

    +3.10

    0.04%

    S&P ASX 200

    8142.10

    +1.20

    0.01%

    S&P ASX 300

    8073.00

    +1.60

    0.02%

    Communication Services

    1610.70

    +1.20

    0.07%

    Consumer Discretionary

    3811.30

    +6.40

    0.17%

    Consumer Staples

    12790.40

    -0.60

    0.00%

    Energy

    8671.10

    +59.30

    0.69%

    Financials

    8495.50

    +30.20

    0.36%

    Health Care

    44862.30

    -195.70

    -0.43%

    Industrials

    7528.20

    -7.20

    -0.10%

    Info Technology

    2630.00

    -3.40

    -0.13%

    Materials

    16063.20

    -86.60

    -0.54%

    Real Estate

    4048.40

    -5.50

    -0.14%

    Utilities

    8778.20

    +109.20

    1.26%

    A-REITs

    1848.70

    -1.70

    -0.09%

    All Technology Index

    3379.20

    -6.70

    -0.20%

    Banks

    3608.10

    +14.80

    0.41%

    Gold Index

    8560.20

    +29.80

    0.35%

    Metals & Mining

    5207.30

    -30.80

    -0.59%

    Click item/line to change chart

  • Australasia

    18 September 2024   Updated : 20:12   AEDT

    AUD/USD

    0.6785

    +0.00

    0.31%

    AUD/NZD

    1.0901

    0.00

    0.00%

    NZD/USD

    0.6225

    +0.00

    0.32%

    AUD/JPY

    96.12

    +1.02

    1.07%

    SGD/AUD

    1.14

    0.00

    -0.33%

    AUD/EUR

    0.6093

    +0.00

    0.35%

    AUD/GBP

    0.5131

    +0.00

    0.31%

    AUDCAD

    0.9218

    +0.00

    0.33%

  • World

    18 September 2024   Updated : 20:12   AEDT

    CAD/USD

    0.7361

    0.00

    -0.01%

    EUR/JPY

    157.79

    +1.19

    0.76%

    EUR/USD

    1.1137

    0.00

    -0.02%

    GBP/USD

    1.3225

    +0.00

    0.02%

    USD/JPY

    141.68

    +1.09

    0.77%

    Click item/line to change chart

  • World

    18 September 2024   Updated : 20:12   AEDT

    FTSE100

    8260.52

    -49.34

    -0.59%

    DAX30

    18720.04

    -6.04

    -0.03%

    Hang Seng

    17660.02

    +237.90

    1.37%

    Nikkei 225

    36380.17

    +176.95

    0.49%

    DJIA

    41606.18

    -15.90

    -0.04%

    S&P500

    5634.58

    +1.49

    0.03%

    Nasdaq Comp

    17628.06

    +35.93

    0.20%

    S&P500 VIX

    17.69

    +0.55

    3.21%

    US 10-year yield

    3.685

    +0.043

    1.180%

    USD Index

    101.02

    +0.35

    0.35%

  • Aus Stocks

    18 September 2024   Updated : 20:12   AEDT

    Amcor (US)

    10.99

    -0.13

    -1.17%

    Newmont (US)

    53.11

    -0.02

    -0.04%

    Rio Tinto (UK)

    4748.97

    -40.53

    -0.85%

    BHP Group (US)

    53.45

    -0.09

    -0.17%

    Rio Tinto (US)

    62.92

    -0.27

    -0.43%

    ResMed (US)

    250.88

    -0.89

    -0.35%

    South32 (UK)

    163.20

    -1.10

    -0.67%

    James Hardie (US)

    36.29

    -0.11

    -0.30%

    Janus Henderson (US)

    37.75

    +0.88

    2.39%

    Click item/line to change chart

  • Metals & Minerals

    18 September 2024   Updated : 07:35   AEDT

    Gold (oz)

    2596.30

    -13.80

    -0.53%

    Silver (oz)

    31.05

    -0.03

    -0.10%

    Copper (lb)

    4.2845

    +0.02

    0.42%

    Aluminium (lb)

    1.1290

    0.00

    -0.32%

    Nickel (lb)

    7.2612

    -0.04

    -0.60%

    Zinc (lb)

    1.3154

    -0.01

    -0.75%

    Copper (t)

    9382.00

    +4.00

    0.04%

    Aluminium (t)

    2509.00

    -8.00

    -0.32%

    Nickel (t)

    16136.00

    -98.00

    -0.60%

    Zinc (t)

    2923.00

    -22.00

    -0.75%

    Uranium (lb) weekly

    80

    -0.50

    -0.62%

    Iron Ore (t)

    91.98

    +0.04

    0.04%

  • Energy

    18 September 2024   Updated : 07:35   AEDT

    West Texas Crude

    69.92

    +0.59

    0.85%

    Brent Crude

    73.69

    +0.73

    1.00%

CALENDAR

Thursday, 19 September 2024
NZ 2Q GDP
AU Aug Unemployment rate
UK BofE policy rate
US Aug existing home sales
US Aug LEI
ABA ex-div 11c (100%)
CAF ex-div 1.75c (100%)
EGG ex-div 2c (100%)
LYL ex-div 40c (100%)
MAD ex-div 4c (100%)
MAH ex-div 0.6c (100%)
MTO ex-div 7.0c (100%)
NWH ex-div 9c (100%)

ALL WEATHER STOCKS

Code Company Price
CAR CAR GROUP LIMITED

$36.66

CSL CSL LIMITED

$295.40

REA REA GROUP LIMITED

$199.89

TNE TECHNOLOGY ONE LIMITED

$23.53

WOW WOOLWORTHS GROUP LIMITED

$35.18

WEEKLY PDF

Stories To Read From FNArena


WEEK 37

WEEK 36

WEEK 35

WEEK 34

WEEK 33

FNARENA TALKS

FNARENA WINDOWS

Window on AGED CARE & SENIORS

Treasure Chest: Regis Healthcare

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Regis Healthcare

Sep 18 2024


Window on TRANSPORTATION & LOGISTICS

Brambles Leverages Deep Data Analysis

Informed by data analysis, Brambles sets new medium-term targets with an eye to material volume growth potential over the longer-term

Sep 18 2024


Window on HARDWARE & EQUIPMENT

Dicker Data Preps For PC Refresh Cycle Upswing

Analysts see value in Dicker Data shares based on second quarter momentum and potential upside to PC sales

Sep 17 2024


GEN AI

Dicker Data Preps For PC Refresh Cycle Upswing

Analysts see value in Dicker Data shares based on second quarter momentum and potential upside to PC sales

Sep 17 2024


FEATURE STORIES

Awaiting The Next Lithium Upswing

Lithium prices remain weak, but there is a growing expectation a turnaround is on the cards. It’s just a matter of when

Jul 17 2024