FINANCIAL NEWS
New Broom Clearing The Decks For Adairs
Adairs is the latest retailer to downgrade earnings guidance as challenging conditions post Easter increase price promotions and margin pressure
11:38 AM
Technical Views On Nasdaq, ASX200 & Oil
Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200, gold and crude oil
11:00 AM
Contract Wins Support Kelsian Group Optimism
In the wake of several recent positive announcements by Kelsian Group, brokers weigh the chances of sustainable, improving returns
10:30 AM
Rudi’s View: Ten Years Of All-Weather Model Portfolio
By Rudi Filapek-Vandyck, Editor A few weeks ago I was asked to provide some performance statistics for stocks held in…
10:00 AM
Bell Potter rates ADH as Downgrade to Hold from Buy
Bell Potter downgrades Adairs to Hold from Buy with a decline in target price by -21% to $2.10 from $2.65.
The analyst highlights FY25 guidance for revenue at $514m–$618m broadly met expectations, but earnings before interest and tax guidance was -10% below consensus forecasts at the mid-point.
Notably, Adairs is performing well with year-to-date FY25 sales growth of 9% against group sales growth of 6%, with Focus on Furniture being the issue in terms of coming in below expectations.
Bell Potter downgrades EPS estimates by -20.5% for FY25 and -28.9% for FY26 due to lower Focus on Furniture sales and a weakening in margins, as well as for Adairs due to increased promotional activity.
Citi rates ASB as Neutral
Citi believes there are reasons to remain positive on Austal in the near term, even after the strong price gains.
Planned increases in defense spending in the US and Australia bode well for the company's outlook. The broker points to a $4bn revenue opportunity in Australia from the finalisation of the Strategic Shipbuilding Agreement, which it expects to happen soon.
The broker also sees a higher risk of takeover after South Korea's Hanwha Group received CFIUS approval to increase its stake in the company to 100% earlier this month. Additional upside risk could come from the successful resolution of the T-ATS REA, though some execution risks remain from other programs.
Neutral rating with high risk. Target rises to $6.10 from $4.09.
Citi rates TWE as Neutral
Following Treasury Wine Estates' downgrade in guidance for Penfolds' FY26 EBITS, Citi analysts cut FY26 EBITS forecast by -3% while highlighting a range of earnings estimates are possible.
Overall, the broker is incrementally more cautious about the company's outlook, expecting uncertainty to prevail until 2026 and some months after the incoming CEO joins on October 27.
FY26 EPS forecast cut by -1% and FY27 is unchanged. Target price trimmed to $8.50 from $8.68 on earnings revisions and lower valuation multiples.
Neutral remains.
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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 |
|---|---|---|---|
$28.60 24 Jun |
OPEN $28.43 |
HIGH $28.63 | 6,659,853 LOW $28.36 |
0.390| TARGET | |||
| $26.668-6.8% downside | |||
| Franking for last dividend paid out: 100% |
| Title | FY23 Actual | FY24 Actual | FY25 Forecast | FY26 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 218.0 | 227.8 | xxx |
| DPS (cps) | xxx | 166.0 | 155.8 | xxx |
| EPS Growth | xxx | - 8.0% | 4.5% | xxx |
| DPS Growth | xxx | - 5.1% | - 6.1% | xxx |
| PE Ratio | xxx | N/A | 12.8 | xxx |
| Dividend Yield | xxx | N/A | 5.3% | xxx |
| Div Pay Ratio(%) | xxx | 76.2% | 68.4% | xxx |
DAILY FINANCIAL NEWS
New Broom Clearing The Decks For Adairs
Adairs is the latest retailer to downgrade earnings guidance as challenging conditions post Easter increase price promotions and margin pressure
11:38 AM - Small Caps
Tony Sycamore, Market Analyst, IG shares his technical views on the Nasdaq, ASX200, gold and crude oil
11:00 AM - Technicals
In the wake of several recent positive announcements by Kelsian Group, brokers weigh the chances of sustainable, improving returns
10:30 AM - Small Caps
Metcash’s FY25 result was solid, showing resilience in Food & Liquor. Signs are positive for a recovery in Hardware, but rate cuts are key
Jun 24 2025 - Australia
Improving job advertisement trends and management initiatives suggest to analysts potential upside for Seek after a prolonged share price malaise
Jun 24 2025 - Australia
As the trend is your best friend until it bends, Michael Gable sees momentum improving for Worley shares
Jun 24 2025 - Technicals
PR NEWSWIRE
Hong Kong Airlines Celebrates Inaugural Flight to Sydney
Jun 24 2025 - PR NewsWire
Synechron Opens Melbourne Office to Support Rapid Growth in Australia
Jun 24 2025 - PR NewsWire
Australian Telecoms Sector Disconnected by Data Security and Incomplete Data
Jun 24 2025 - PR NewsWire
Australian Department of Defence Taps Noodoe to Deliver Net Zero EV Charging Infrastructure
Jun 24 2025 - PR NewsWire
Orcoda Transforms Waipa District Council’s Fleet Management, Driving Efficiency and Sustainability
Jun 24 2025 - PR NewsWire
Medscape Establishes Dedicated Presence in Australia to Support Healthcare Innovation
Jun 24 2025 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Ten Years Of All-Weather Model Portfolio
By Rudi Filapek-Vandyck, Editor A few weeks ago I was asked to provide some performance statistics for stocks held in…
10:00 AM
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 24-06-25
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jun 24 2025
The Overnight Report: Much Ado About Nothing
A global perspective on what happened overnight
Jun 24 2025
ASX Winners And Losers Of Today – 23-06-25
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jun 23 2025
Australian Broker Call *Extra* Edition – Jun 23, 2025
Extra Edition of the Broker Call Report
Jun 23 2025
WEEKLY REPORTS
Weekly Update On LICs & LITs – 24-Jun-2025
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Jun 24 2025
Uranium Week: Up By 12%, Looking For More
Momentum buying in uranium stocks flowed as the spot price recovered with Sprott in the market, while China re-affirmed its commitment to become the largest nuclear energy generator in the world
Jun 24 2025
Australian Listed Real Estate Tables – 23-06-2025
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Jun 23 2025
Weekly Ratings, Targets, Forecast Changes – 20-06-25
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Jun 23 2025
Next Week At A Glance – 23-27 Jun 2025
A brief look at important company events and economic data releases next week
Jun 20 2025
In Case You Missed It – BC Extra Upgrades & Downgrades – 20-06-25
A summary of the highlights from Broker Call Extra updates throughout the week past
Jun 20 2025
Weekly Top Ten News Stories – 20 June 2025
Our top ten news stories from 12 June 2025 to 19 June 2025
Jun 20 2025
In Brief: Sigma, Domino’s, Clarity & SiteMinder
GLP-1 weight loss medications are set to impact on Australian retailers, while a small biotech is making strides in proving up its drugs, and hotel management SaaS grows
Jun 20 2025
The Short Report – 19 Jun 2025
FNArena’s weekly update on short positions in the Australian share market
Jun 19 2025
THE MARKETS
Australia
25 June 2025 Updated : 12:12 AEDT
SPI Overnight
8541.00
+6.00
0.07%
NZ50
12478.380
+10.900
0.090%
All Ordinaries
8773.80
-1.00
-0.01%
S&P ASX 200
8555.00
-0.50
-0.01%
S&P ASX 300
8482.60
+1.00
0.01%
Communication Services
1837.40
-8.10
-0.44%
Consumer Discretionary
4114.50
+9.30
0.23%
Consumer Staples
12197.80
-93.70
-0.76%
Energy
8689.10
-52.10
-0.60%
Financials
9612.30
+89.00
0.93%
Health Care
41477.30
-131.60
-0.32%
Industrials
8321.60
-28.30
-0.34%
Info Technology
2944.70
-9.30
-0.31%
Materials
15581.20
-220.80
-1.40%
Real Estate
3989.70
+12.10
0.30%
Utilities
9271.10
+20.20
0.22%
A-REITs
1834.30
+5.90
0.32%
All Technology Index
4019.60
-4.70
-0.12%
Banks
4108.90
+44.60
1.10%
Gold Index
11724.10
-243.10
-2.03%
Metals & Mining
5138.10
-87.30
-1.67%
World
25 June 2025 Updated : 12:12 AEDT
CAD/USD
0.7285
0.00
-0.08%
EUR/JPY
168.19
+0.01
0.01%
EUR/USD
1.1628
+0.00
0.22%
GBP/USD
1.3625
+0.00
0.12%
USD/JPY
144.66
-0.28
-0.19%
Aus Stocks
25 June 2025 Updated : 12:12 AEDT
Amcor (US)
9.18
+0.11
1.21%
Newmont (US)
58.09
-1.37
-2.30%
Rio Tinto (UK)
4203.00
+18.00
0.43%
BHP Group (US)
47.29
+0.46
0.98%
Rio Tinto (US)
57.19
+0.10
0.18%
ResMed (US)
255.91
+1.39
0.55%
South32 (UK)
139.40
+2.60
1.90%
James Hardie (US)
24.63
+0.11
0.45%
Janus Henderson (US)
37.57
+0.88
2.40%
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CALENDAR
Wednesday, 25 June 2025
NZ May Trade Bal AU May CPI JP May PPI US May building permits US May new home sales Thursday, 26 June 2025
US 1Q GDP US 1Q PCE US Jobles Claims US May durable goods US May Trade Bal Friday, 27 June 2025
NZ ANZ June cons conf ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$36.64CSL CSL LIMITED $240.64REA REA GROUP LIMITED $233.92TNE TECHNOLOGY ONE LIMITED $40.34WOW WOOLWORTHS GROUP LIMITED $31.29WEEKLY PDF
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WEEK 25
WEEK 24
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WEEK 21
FNARENA TALKS
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FNARENA WINDOWS
Window on FURNITURE & RENOVATION
New Broom Clearing The Decks For Adairs
Adairs is the latest retailer to downgrade earnings guidance as challenging conditions post Easter increase price promotions and margin pressure
11:38 AM
Window on TRANSPORTATION & LOGISTICS
Contract Wins Support Kelsian Group Optimism
In the wake of several recent positive announcements by Kelsian Group, brokers weigh the chances of sustainable, improving returns
10:30 AM
Window on FOOD, BEVERAGES & TOBACCO
Metcash Outlook: Tobacco Sales vs Rate Cuts
Metcash’s FY25 result was solid, showing resilience in Food & Liquor. Signs are positive for a recovery in Hardware, but rate cuts are key
Jun 24 2025
GEN AI
Australia’s Digital Infrastructure Opportunity
Australia’s safe and stable backdrop makes it a target for data centre development in the Asia Pacific region, as the positive news keeps rolling on
Jun 23 2025