FINANCIAL NEWS
South32’s Update Fuels Analysts’ Optimism
Diversified miner South32 exceeded consensus production forecasts in the December quarter. Costs proved higher and prices lower than forecast
1:42 PM
FNArena Book Review: The Men Who Killed The News
Review of The men who killed the news by Eric Beecher, published by Scribner Australia
11:00 AM
IAG Shares Breaking Out
Michael Gable of Fairmont Equities notes shares in Insurance Australia Group are breaking out, aiming for higher price levels
10:30 AM
Uranium Week: Trump Tariff Concerns
Traders stepped back from the U308 spot market awaiting President Trump’s inauguration, while the IEA details a bullish outlook for nuclear energy
10:00 AM
Bell Potter rates BIO as Buy
Bell Potter expects Biome Australia to deliver a maiden net profit for the first half of FY25 following another record quarterly result.
Adjusted earnings (EBITDA), excluding share-based payments, were slightly positive for the fourth consecutive quarter, exceeding the broker's forecast for a breakeven result.
The Buy rating and 85c target remain unchanged after the analysts increased the assumed risk-free rate to 4.5% from 4%, reflecting the recent rise in 10-year yields.
Citi rates CPU as Downgrade to Neutral from Buy
Citi reluctantly joins consensus in downgrading Computershare to Neutral from Buy due to the rally in the share price.
At current levels, upside risks are more uncertain, prompting a more cautious stance, the analyst explains.
The broker views the current interest rate curve as potentially more positive than current forecasts for margin income, alongside expectations of higher corporate actions and debt issuance. Plan volumes also remain robust.
Citi likes the two recent acquisitions, which, though small, could add new expertise to Issuer Services. The company's balance sheet is also robust, the broker highlights, enabling further acquisitions.
Target price is raised to $35 from $30. Neutral rating maintained. EPS forecasts are adjusted for forex moves and recent rate changes.
Morgan Stanley rates QBE as Overweight
Morgan Stanley continues to favour insurers, believing double-digit earnings growth, improved earnings quality, and capital management announcements from all three insurers will support share prices.
Following a positive stance on the sector in 2024, the broker views the ongoing outlook as upbeat, recommending investors maintain exposure in 2025.
While pricing growth is slowing, the broker notes it remains sufficient to support "healthy" topline growth above claims inflation.
Morgan Stanley sees QBE Insurance as offering the greatest re-rating potential among peers, trading at 10x FY25 earnings forecasts. The analyst sees upside risks to earnings.
Unchanged Overweight rating. Target price is raised to $23.50 from $21.25. Industry View: In-Line.
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ANALYSIS & DATA
FNARENA'S MARKET CONSENSUS FORECASTS
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ANZ | ANZ GROUP HOLDINGS LIMITED
Abbreviated format - see the full version here
| LAST PRICE | CHANGE +/- | CHANGE % | VOLUME |
|---|---|---|---|
|
$29.57 20 Jan |
OPEN $29.50 |
HIGH $29.70 |
2,127,074 LOW $29.38 |
0.120| TARGET | |||
| $28.132 -4.9% downside | |||
| Franking for last dividend paid out: 65% |
| Title | FY23 Actual |
FY24 Actual |
FY25 Forecast |
FY26 Forecast |
|---|---|---|---|---|
| EPS (cps) | xxx | 218.0 | 234.3 | xxx |
| DPS (cps) | xxx | 166.0 | 172.0 | xxx |
| EPS Growth | xxx | - 8.0% | 7.5% | xxx |
| DPS Growth | xxx | - 5.1% | 3.6% | xxx |
| PE Ratio | xxx | N/A | 12.8 | xxx |
| Dividend Yield | xxx | N/A | 5.7% | xxx |
| Div Pay Ratio(%) | xxx | 76.2% | 73.4% | xxx |
DAILY FINANCIAL NEWS
South32’s Update Fuels Analysts’ Optimism
Diversified miner South32 exceeded consensus production forecasts in the December quarter. Costs proved higher and prices lower than forecast
1:42 PM - Commodities
Review of The men who killed the news by Eric Beecher, published by Scribner Australia
11:00 AM - Book Reviews
Michael Gable of Fairmont Equities notes shares in Insurance Australia Group are breaking out, aiming for higher price levels
10:30 AM - Technicals
Tim Murray, T. Rowe Price Capital Markets Strategist Multi-Asset Division, lines up three trends that might prove key for investors in 2025
Jan 20 2025 - International
Research reports on ASX-listed companies, to download in full
Jan 20 2025 - FYI
Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements
Jan 18 2025 - Australia
PR NEWSWIRE
MedAdvisor Solutions’ helps pharmacists in Australia deliver more than 115,000 clinical services to patients through Expanded Scope of Practice Pilots in 2024
10:22 AM - PR NewsWire
University of Melbourne and SMART Technologies partner in groundbreaking global research on technology supports for neurodivergent learners
9:00 AM - PR NewsWire
TRUSTING AUSSIES THINK A ‘SAFE PLACE’ IS BEST FOR ONLINE PURCHASES AS SHOPPING BOOM CONTINUES
Jan 20 2025 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Best Buys & Convictions For 2025
Updates on stock picker’s favourites and Model Portfolio adjustments
Jan 16 2025
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 20-01-25
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jan 20 2025
Australian Broker Call *Extra* Edition – Jan 20, 2025
Extra Edition of the Broker Call Report
Jan 20 2025
The Monday Report – 20 January 2025
Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead
Jan 20 2025
Today’s Financial Calendar – 20-01-2025
Significant Scheduled Events For 20 January, 2025
Jan 20 2025
ASX Winners And Losers Of Today – 17-01-25
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Jan 17 2025
WEEKLY REPORTS
Uranium Week: Trump Tariff Concerns
Traders stepped back from the U308 spot market awaiting President Trump’s inauguration, while the IEA details a bullish outlook for nuclear energy
10:00 AM
Weekly Ratings, Targets, Forecast Changes – 17-01-25
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Jan 20 2025
Next Week At A Glance – 20-24 Jan 2025
A brief look at important company events and economic data releases next week
Jan 17 2025
Weekly Top Ten News Stories – 17 January 2025
Our top ten news stories from 09 January 2025 to 16 January 2025
Jan 17 2025
In Case You Missed It – BC Extra Upgrades & Downgrades – 17-01-25
A summary of the highlights from Broker Call Extra updates throughout the week past
Jan 17 2025
The Short Report – 16 Jan 2025
FNArena’s weekly update on short positions in the Australian share market
Jan 16 2025
Uranium Week: 2025 Starts With A Price Pop
Uranium spot prices remained volatile into the end of 2024 with ongoing cost pressures and geo-politics hanging over buyers, sellers and producers
Jan 14 2025
Weekly Top Ten News Stories – 27 December 2024
Our top ten news stories from 19 December 2024 to 26 December 2024
Dec 28 2024
Uranium Week: No Ho Ho Ho in U308 Spot Market
The U308 spot market faded last week with reticent buyers depressing the price for eager sellers. Activity levels remain subdued
Dec 24 2024
THE MARKETS
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Australia
21 January 2025 Updated : 13:42 AEDT
SPI Overnight
8351.00
+24.00
0.29%
NZ50
13032.620
-55.690
-0.430%
All Ordinaries
8638.90
+44.50
0.52%
S&P ASX 200
8390.80
+43.40
0.52%
S&P ASX 300
8321.20
+42.90
0.52%
Communication Services
1645.70
+10.70
0.65%
Consumer Discretionary
3975.90
+23.20
0.59%
Consumer Staples
11686.80
-37.40
-0.32%
Energy
9012.60
-41.50
-0.46%
Financials
8894.60
+105.60
1.20%
Health Care
44937.90
-91.80
-0.20%
Industrials
7777.60
+11.30
0.15%
Info Technology
2724.00
+4.80
0.18%
Materials
16920.20
+74.50
0.44%
Real Estate
3969.10
+10.30
0.26%
Utilities
9084.70
-136.10
-1.48%
A-REITs
1815.40
+3.60
0.20%
All Technology Index
3825.70
+25.80
0.68%
Banks
3707.90
+45.00
1.23%
Gold Index
9376.20
+96.50
1.04%
Metals & Mining
5507.90
+25.80
0.47%
-
World
21 January 2025 Updated : 13:42 AEDT
CAD/USD
0.6936
+0.00
0.33%
EUR/JPY
161.08
-0.02
-0.01%
EUR/USD
1.0385
+0.01
0.69%
GBP/USD
1.2289
+0.01
0.85%
USD/JPY
155.15
-1.04
-0.66%
-
Aus Stocks
21 January 2025 Updated : 13:42 AEDT
Amcor (US)
9.70
0.00
0.00%
Newmont (US)
41.67
+0.02
0.05%
Rio Tinto (UK)
5015.00
-26.00
-0.52%
BHP Group (US)
50.09
+0.53
1.07%
Rio Tinto (US)
61.10
+1.28
2.14%
ResMed (US)
239.78
+2.64
1.11%
South32 (UK)
181.60
+1.40
0.78%
James Hardie (US)
33.83
-0.43
-1.26%
Janus Henderson (US)
42.86
+0.77
1.83%
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CALENDAR
Tuesday, 21 January 2025
NZ Dec retail card spending NZ Services Index EZ ZEW expectations UK Nov labour force AIS Quarterly update BHP 4Q 2024 Production HUB Qtrly report LTR 2Q 2025 Production NST 4Q 2024 Production SFX Qtrly production WHC Dec Qtr Results YAL Qtrly report Wednesday, 22 January 2025
ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$38.62 CSL CSL LIMITED 
$273.14 REA REA GROUP LIMITED
$238.88 TNE TECHNOLOGY ONE LIMITED
$29.33 WOW WOOLWORTHS GROUP LIMITED
$30.16 WEEKLY PDF
Stories To Read From FNArena
WEEK 3
WEEK 51
WEEK 50
WEEK 49
WEEK 48
FNARENA TALKS
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FNARENA WINDOWS
Window on MINING
South32’s Update Fuels Analysts’ Optimism
Diversified miner South32 exceeded consensus production forecasts in the December quarter. Costs proved higher and prices lower than forecast
1:42 PM
Window on PRINT, RADIO & TV
FNArena Book Review: The Men Who Killed The News
Review of The men who killed the news by Eric Beecher, published by Scribner Australia
11:00 AM
Window on INSURANCE
IAG Shares Breaking Out
Michael Gable of Fairmont Equities notes shares in Insurance Australia Group are breaking out, aiming for higher price levels
10:30 AM
GEN AI
Looking For Durable, Needle-Moving Growth In AI
Paul Greene, portfolio manager, US equities at T. Rowe Price, advocates investors should refine their approach to AI and growth stocks investing this year
Jan 13 2025