FINANCIAL NEWS
The Market In Numbers – 14 Sep 2024
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
Sep 14 2024
ASX Winners And Losers Of Today – 13-09-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Sep 13 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
Bell Potter rates DRE as Downgrade to Hold from Speculative Buy
Bell Potter lowers its target for Dreadnought Resources to 2c from 15c and downgrades to Hold from Speculative Buy. Management is increasing exploration for niobium across its Mangaroon project and focusing less on rare earths, explains the broker.
This is a similar move to near neighbour Hastings Rare Earths ((HAS)), observes Bell Potter, which has pivoted to a niobium by-product stream at its Yangibana project.
In the event rare earth pricing recovers, the analysts see some chance for consolidation of the Yangibana and Mangaroon
tenements, but at this point talk of consolidation is highly speculative.
Morgan Stanley rates IEL as Overweight
Morgan Stanley's Overweight rating for IDP Education is supported by a forecast rebound in FY26/27 earnings as the impact of regulatory settings unwinds plus a strategic shift relating to the Chinese market.
Management announced a "meaningful" change to its China IELTS go-to-market strategy, observes the broker, which is underappreciated by the wider market.
IDP's new direct market entry to China IELTS provides access to an additional $380m total addressable market (TAM), explain the analysts, diversifying avenues for growth in FY26/27.
The target rises to $21.50 from $19.50. Overweight. Industry view: In Line.
Macquarie rates IPH as Outperform
Macquarie observes the August filing volumes for IPH fell -23.8% against a decline in the market of -16.6%.
The company's market share eased to 28.8% in August compared to the year-to-date of 31.2%. Macquarie highlights around 70% of the company's income is recurring.
IPH is expected to experience a stabilisation of market share in Australia, a return to growth in Asia and increased synergies from Canada, the analyst highlights with the Bereskin & Parr acquistion anticipated for completion in late-September.
An Outperform rating with a $7.31 target price are instated post a period of restriction.
Click here to see full report 
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 |
|---|---|---|---|
|
$31.15 16 Sep |
0.000 OPEN $31.15 |
0.000 HIGH $31.15 |
0 LOW $31.15 |
| TARGET | |||
| $27.372 -12.1% downside | |||
| Franking for last dividend paid out: 65% |
| 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 |
DAILY FINANCIAL NEWS
The Market In Numbers – 14 Sep 2024
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
Sep 14 2024 - Australia
A glance through the latest expert views and predictions about commodities: Two brokers anticipate a material lithium price rally, and analysts review iron ore and base metals price forecasts
Sep 12 2024 - Commodities
New broker research on Northern Star Resources highlights production growth from current investment along with a rising dividend profile
Sep 12 2024 - Australia
Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data
Sep 12 2024 - Australia
Analysts approve of ARB Corp’s two US acquisitions which are expected to build brand awareness and provide medium-term upside
Sep 11 2024 - Small Caps
Earlier today, Tony Sycamore, Market Analyst, IG shared his technical analysis inspired views on the Nasdaq, the ASX200 and crude oil
Sep 11 2024 - Technicals
PR NEWSWIRE
Aurora Biosynthetics Launches to Revolutionize RNA Therapeutics Manufacturing
Sep 13 2024 - PR NewsWire
RateMyAgent Launches Price Expert Badge To Highlight Top-Performing Agents
Sep 13 2024 - PR NewsWire
ATFX Unveils New Office in Sydney, Marking a Major Milestone in Global Expansion
Sep 12 2024 - PR NewsWire
SECuRE trial advances: No dose limiting toxicities and strong preliminary efficacy data in first multi-dose cohort
Sep 12 2024 - PR NewsWire
CPA Australia champions a sustainable economy and boosts Sino-Australia trade collaboration at CIFTIS
Sep 12 2024 - PR NewsWire
Genea Biomedx solidifies its exclusive partnership in Australia with Genea Fertility
Sep 12 2024 - PR NewsWire
RUDI'S VIEWS
Rudi’s View: Key Picks, Best Buys & Conviction Calls
Post-August updates on stock picker’s favourites and Model Portfolio adjustments
Sep 12 2024
DAILY MARKET REPORTS
ASX Winners And Losers Of Today – 13-09-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Sep 13 2024
Australian Broker Call *Extra* Edition – Sep 13, 2024
Extra Edition of the Broker Call Report
Sep 13 2024
Today’s Financial Calendar – 13-09-2024
Significant Scheduled Events For 13 September, 2024
Sep 13 2024
ASX Winners And Losers Of Today – 12-09-24
The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day
Sep 12 2024
The Overnight Report: Cats & Dogs & Equity Bulls
A global perspective on what happened overnight
Sep 12 2024
Today’s Financial Calendar – 12-09-2024
Significant Scheduled Events For 12 September, 2024
Sep 12 2024
WEEKLY REPORTS
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
Weekly Update On LICs & LITs – 10-Sep-2024
Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX
Sep 10 2024
Uranium Week: Momentum Is Building
Will the market increasingly look to the disconnect between U308 spot versus contract term prices as a buy signal for sold down uranium equities?
Sep 10 2024
Australian Listed Real Estate Tables – 09-09-2024
FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data
Sep 09 2024
Weekly Ratings, Targets, Forecast Changes – 06-09-24
Weekly update on stockbroker recommendation, target price, and earnings forecast changes
Sep 09 2024
THE MARKETS
-
Australia
15 September 2024 Updated : 20:12 AEDT
SPI Overnight
8119.00
+49.00
0.61%
NZ50
12832.550
+12.270
0.100%
All Ordinaries
8323.50
+30.40
0.37%
S&P ASX 200
8099.90
+24.20
0.30%
S&P ASX 300
8032.60
+24.50
0.31%
Communication Services
1589.30
-9.00
-0.56%
Consumer Discretionary
3774.70
-1.90
-0.05%
Consumer Staples
12731.80
+4.80
0.04%
Energy
8634.20
+71.70
0.84%
Financials
8371.50
-51.20
-0.61%
Health Care
45441.40
-110.60
-0.24%
Industrials
7506.10
+46.80
0.63%
Info Technology
2595.40
-12.70
-0.49%
Materials
16187.00
+356.60
2.25%
Real Estate
4006.00
+40.60
1.02%
Utilities
8732.60
-33.20
-0.38%
A-REITs
1829.00
+19.30
1.07%
All Technology Index
3357.70
-10.40
-0.31%
Banks
3547.10
-29.30
-0.82%
Gold Index
8587.00
+425.80
5.22%
Metals & Mining
5256.40
+131.00
2.56%
-
World
15 September 2024 Updated : 20:12 AEDT
CAD/USD
0.7355
0.00
0.00%
EUR/JPY
156.22
+0.06
0.04%
EUR/USD
1.1083
0.00
-0.04%
GBP/USD
1.3123
0.00
0.00%
USD/JPY
140.84
-0.01
-0.01%
-
Aus Stocks
15 September 2024 Updated : 20:12 AEDT
Amcor (US)
10.99
+0.11
1.01%
Newmont (US)
53.71
+0.83
1.57%
Rio Tinto (UK)
4755.37
+34.87
0.74%
BHP Group (US)
52.89
+0.67
1.28%
Rio Tinto (US)
62.55
+0.64
1.03%
ResMed (US)
248.93
-1.78
-0.71%
South32 (UK)
163.00
+4.60
2.90%
James Hardie (US)
36.09
+0.06
0.17%
Janus Henderson (US)
36.20
+0.39
1.09%
Click item/line to change chart
Click item/line to change chart
CALENDAR
Monday, 16 September 2024
US Empire manufacturing XX Japan/China Public Holiday CCP ex-div 23c (100%) CNU ex-div 22.18c IPL investor briefing QUB ex-div 5.15c (100%) Tuesday, 17 September 2024
CH Public Holiday US August retail sales COH ex-div 210c (80%) DUR ex-div 2.5c (100%) IPL investor briefing MGH ex-div 3.50c (100%) ALL WEATHER STOCKS
Code Company Price CAR CAR GROUP LIMITED 
$36.50 CSL CSL LIMITED
$300.26 REA REA GROUP LIMITED 
$199.70 TNE TECHNOLOGY ONE LIMITED
$23.02 WOW WOOLWORTHS GROUP LIMITED
$34.71 WEEKLY PDF
Stories To Read From FNArena
WEEK 37
WEEK 36
WEEK 35
WEEK 34
WEEK 33
FNARENA TALKS
-
Click item/line to change chart
-
Click item/line to change chart
FNARENA WINDOWS
Window on MINING
Material Matters: Lithium Enthusiasm Is Back
A glance through the latest expert views and predictions about commodities: Two brokers anticipate a material lithium price rally, and analysts review iron ore and base metals price forecasts
Sep 12 2024
Window on GOLD & SILVER
Gold & Dividends Shine For Northern Star
New broker research on Northern Star Resources highlights production growth from current investment along with a rising dividend profile
Sep 12 2024
Window on WEALTH MANAGEMENT & INVESTMENTS
Australian Listed Investment Company Report – Sep 2024
Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data
Sep 12 2024
GEN AI
Gen.Ai Update: Bubble-licious Or Not?
Contrary to the naysayers and Gen AI “bubble” doomsters, major research houses remain upbeat, pragmatic and forward thinking on the megatrend, keeping an eye on the details for investors about what matters and where to find the winners
Sep 11 2024