FINANCIAL NEWS

FNArena Corporate Results Monitor – 22-02-2024

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

4:09 PM


The Short Report – 22 Feb 2024

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

11:49 AM


Australian Broker Call *Extra* Edition – Feb 22, 2024

Extra Edition of the Broker Call Report

10:30 AM


Material Matters: Aluminium, Platinum, and Gas

A glance through the latest expert views and predictions about commodities

10:00 AM


The Overnight Report: Breathe a Sigh

Nvidia has reported a beat and is climbing in the aftermarket. S&P500 previously up 0.1% (Available for non-subscribers after 10am)

9:07 AM


Morgans rates ACF as Add

Acrow's 1H earnings (EBITDA) and underlying profit were 7% beats compared to Morgans estimates, but as management maintained FY24 earnings guidance the broker makes only minor FY24-26 forecast changes.

The broker highlights the 53% earnings uplift in the 1H was mainly a result of organic improvement. Excluding acquisitions, earnings still rose by 37%.

Importantly, the annualised return on investment (ROI) on growth capex of 58% was well above management's greater than 40% target, observes the analyst.

The target price rises to $1.40 from $1.22 largely due to a roll-forward of the broker's financial model to FY25 forecasts. Add.

Bell Potter rates CNI as Hold

First half results were slightly ahead of Bell Potter's estimates. FY24 guidance was reiterated for EPS of 11.5-12.0c.

The broker observes movement in bond yields over recent months has benefited fund A-REITs with higher operating leverage, such as Centuria Capital.

While the overall outlook may be improving, Bell Potter points out the underlying asset exposure and "look-through" gearing will need to be kept in check. Hold maintained. Target is raised to $1.70 from $1.60.

Citi rates CTD as Downgrade to Neutral from Buy

On Citi's assessment, Corporate Travel Management released a "messy" result, although the majority of the downgrade was out of management's control, the broker concedes.

Nevertheless, Citi analysts now also believe there's too much uncertainty, also because of a lack of clarity around a certain UK contract.

Simply put, the analysts lack confidence in forecasting earnings and thus see no other choice than to downgrade to Neutral from Buy. Extra note: management's five-year targets appear impressive to the broker, if achieved.

Price target tumbles to $17.55 from 22.55.

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ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

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

DMP | DOMINO'S PIZZA ENTERPRISES LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$40.50

21 Feb
2024

0.900

OPEN

$39.95

2.27%

HIGH

$41.63

3,073,819

LOW

$39.71

TARGET
$50.417 24.5% upside
Franking for last dividend paid out: 0%
FNARENA'S MARKET CONSENSUS FORECASTS
DMP: 1
Title FY22
Actual
FY23
Actual
FY24
Forecast
FY25
Forecast
EPS (cps) xxx 46.1 139.8 xxx
DPS (cps) xxx 110.0 108.7 xxx
EPS Growth xxx - 74.9% 100.0% xxx
DPS Growth xxx - 29.7% - 1.2% xxx
PE Ratio xxx N/A 31.0 xxx
Dividend Yield xxx N/A 2.5% xxx
Div Pay Ratio(%) xxx 238.6% 77.7% xxx

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DAILY FINANCIAL NEWS

FNArena Corporate Results Monitor – 22-02-2024

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

4:09 PM - Australia


A glance through the latest expert views and predictions about commodities

10:00 AM - Commodities


FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Feb 21 2024 - Australia


a2 Milk surprised analysts with outperformance in a difficult Chinese infant formula market. But has the share price run too far?

Feb 21 2024 - Australia


FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments

Feb 20 2024 - Australia


Shares in NextDC have finally broken through the $14 resistance level, reports Michael Gable of Fairmont Equities

Feb 20 2024 - Technicals


RUDI'S VIEWS

Rudi’s View: More Winners Than Losers In Mid-February

More Winners Than Losers In Mid-February  By Rudi Filapek-Vandyck, Editor Reporting seasons in Australia have become a second half (of…

Feb 21 2024

DAILY MARKET REPORTS

Australian Broker Call *Extra* Edition – Feb 22, 2024

Extra Edition of the Broker Call Report

10:30 AM


The Overnight Report: Breathe a Sigh

Nvidia has reported a beat and is climbing in the aftermarket. S&P500 previously up 0.1% (Available for non-subscribers after 10am)

9:07 AM


Today’s Financial Calendar – 22-02-2024

Significant Scheduled Events For 22 February, 2024

8:15 AM


ASX Winners And Losers Of Today – 21-02-24

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

Feb 21 2024


Australian Broker Call *Extra* Edition – Feb 21, 2024

Extra Edition of the Broker Call Report

Feb 21 2024


The Overnight Report: Fingers Crossed

Traders locked in profits in Nvidia last night, ahead of its result. S&P500 down -0.6%. (Available for non-subscribers after 10am)

Feb 21 2024


Today’s Financial Calendar – 21-02-2024

Significant Scheduled Events For 21 February, 2024

Feb 21 2024


WEEKLY REPORTS

The Short Report – 22 Feb 2024

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

11:49 AM

Uranium Week: Follow The Leader

The spot uranium market fell victim last week to general financial market weakness following the latest US CPI data

Feb 20 2024

Weekly Ratings, Targets, Forecast Changes – 16-02-24

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

Feb 19 2024


In Case You Missed It – BC Extra Upgrades & Downgrades – 16-02-24

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

Feb 16 2024

Weekly Top Ten News Stories – 16 February 2024

Our top ten news stories from 08 February 2024 to 15 February 2024

Feb 16 2024

Next Week At A Glance – 19-23 Feb 2024

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

Feb 16 2024


The Short Report – 15 Feb 2024

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

Feb 15 2024

Uranium Week: Increased Volatility

Recent uncertainty surrounding global uranium production has led to spot price volatility around the US$100/lb mark

Feb 13 2024

Australian Listed Real Estate Tables – 12-02-2024

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

Feb 12 2024


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THE MARKETS

    Click item/line to change chart

  • Australia

    22 February 2024   Updated : 16:12   AEDT

    SPI Overnight

    7530.00

    -31.00

    -0.41%

    NZ50

    11690.250

    +99.780

    0.860%

    All Ordinaries

    7864.20

    +4.20

    0.05%

    S&P ASX 200

    7610.40

    +2.00

    0.03%

    S&P ASX 300

    7559.50

    +3.20

    0.04%

    Communication Services

    1596.90

    -5.30

    -0.33%

    Consumer Discretionary

    3450.00

    -21.60

    -0.62%

    Consumer Staples

    11880.60

    +20.80

    0.18%

    Energy

    10474.20

    +52.70

    0.51%

    Financials

    7134.50

    -18.80

    -0.26%

    Health Care

    42482.20

    +154.20

    0.36%

    Industrials

    7000.80

    +27.20

    0.39%

    Info Technology

    2062.40

    +11.90

    0.58%

    Materials

    17616.60

    +28.90

    0.16%

    Real Estate

    3466.10

    -4.20

    -0.12%

    Utilities

    8201.40

    +154.10

    1.91%

    A-REITs

    1570.00

    -2.70

    -0.17%

    All Technology Index

    2917.80

    +10.30

    0.35%

    Banks

    2956.10

    -11.70

    -0.39%

    Gold Index

    6402.90

    +5.40

    0.08%

    Metals & Mining

    5751.40

    -1.50

    -0.03%

    Click item/line to change chart

  • Australasia

    22 February 2024   Updated : 16:12   AEDT

    AUD/USD

    0.6558

    +0.00

    0.03%

    AUD/NZD

    1.0588

    0.00

    -0.16%

    NZD/USD

    0.6194

    +0.00

    0.21%

    AUD/JPY

    98.55

    +0.13

    0.13%

    SGD/AUD

    1.14

    +0.00

    0.03%

    AUD/EUR

    0.6055

    0.00

    -0.31%

    AUD/GBP

    0.5187

    0.00

    -0.25%

    AUDCAD

    0.8841

    0.00

    -0.34%

  • World

    22 February 2024   Updated : 16:12   AEDT

    CAD/USD

    0.7416

    +0.00

    0.35%

    EUR/JPY

    162.76

    +0.72

    0.44%

    EUR/USD

    1.0831

    +0.00

    0.35%

    GBP/USD

    1.2642

    +0.00

    0.28%

    USD/JPY

    150.27

    +0.15

    0.10%

    Click item/line to change chart

  • World

    22 February 2024   Updated : 16:12   AEDT

    FTSE100

    7662.51

    -56.70

    -0.73%

    DAX30

    17118.12

    +49.69

    0.29%

    Hang Seng

    16557.27

    +54.17

    0.33%

    Nikkei 225

    38891.69

    +629.53

    1.65%

    DJIA

    38612.24

    +48.44

    0.13%

    S&P500

    4981.80

    +6.29

    0.13%

    Nasdaq Comp

    15580.87

    -49.91

    -0.32%

    S&P500 VIX

    15.34

    -0.08

    -0.52%

    US 10-year yield

    4.325

    +0.050

    1.170%

    USD Index

    104.02

    -0.01

    -0.01%

  • Aus Stocks

    22 February 2024   Updated : 16:12   AEDT

    Amcor (US)

    9.21

    +0.09

    0.99%

    Newmont (US)

    33.43

    +0.24

    0.72%

    Rio Tinto (UK)

    5153.58

    -76.42

    -1.46%

    BHP Group (US)

    57.76

    -0.34

    -0.59%

    Rio Tinto (US)

    65.48

    -0.44

    -0.67%

    ResMed (US)

    180.29

    -0.37

    -0.20%

    South32 (UK)

    146.00

    0.00

    0.00%

    James Hardie (US)

    37.19

    -0.01

    -0.03%

    Janus Henderson (US)

    30.97

    -0.03

    -0.10%

    Click item/line to change chart

  • Metals & Minerals

    22 February 2024   Updated : 07:41   AEDT

    Gold (oz)

    2025.00

    +1.50

    0.07%

    Silver (oz)

    22.86

    -0.13

    -0.57%

    Copper (lb)

    3.8484

    +0.01

    0.20%

    Aluminium (lb)

    0.9994

    0.00

    -0.09%

    Nickel (lb)

    7.5730

    +0.16

    2.22%

    Zinc (lb)

    1.0786

    +0.01

    0.71%

    Copper (t)

    8552.00

    +17.00

    0.20%

    Aluminium (t)

    2221.00

    -2.00

    -0.09%

    Nickel (t)

    16829.00

    +366.00

    2.22%

    Zinc (t)

    2397.00

    +17.00

    0.71%

    Uranium (lb) weekly

    102.00

    -1.00

    -0.97%

    Iron Ore (t)

    117.35

    -2.24

    -1.87%

  • Energy

    22 February 2024   Updated : 07:41   AEDT

    West Texas Crude

    77.84

    -0.34

    -0.43%

    Brent Crude

    82.95

    +0.41

    0.50%

CALENDAR

Thursday, 22 February 2024
NZ trade balance, Jan
EZ CPI, Jan
US exisiting home sales, Jan
XX flash estimates of global PMIs, Feb
A1N earnings report
AIZ earnings report
ALL AGM
APA earnings report
APE earnings report
ASG earnings report
ATG earnings report
AX1 earnings report
BEN ex-div 30c (100%)

ALL WEATHER STOCKS

Code Company Price
CAR CAR GROUP LIMITED

$35.59

CSL CSL LIMITED

$284.97

REA REA GROUP LIMITED

$187.98

TNE TECHNOLOGY ONE LIMITED

$16.58

WOW WOOLWORTHS GROUP LIMITED

$33.08

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