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


The Overnight Report: Tariff Relief

A global perspective on what happened overnight

9:00 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.

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

$29.57

20 Jan
2025

0.120

OPEN

$29.50

0.41%

HIGH

$29.70

2,127,074

LOW

$29.38

TARGET
$28.132 -4.9% downside
Franking for last dividend paid out: 65%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
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

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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


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

The Overnight Report: Tariff Relief

A global perspective on what happened overnight

9:00 AM


Today’s Financial Calendar – 21-01-2025

Significant Scheduled Events For 21 January, 2025

8:15 AM


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


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THE MARKETS

    Click item/line to change chart

  • 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%

    Click item/line to change chart

  • Australasia

    21 January 2025   Updated : 13:42   AEDT

    AUD/USD

    0.6246

    +0.00

    0.61%

    AUD/NZD

    1.1054

    0.00

    -0.15%

    NZD/USD

    0.5651

    +0.00

    0.78%

    AUD/JPY

    96.88

    -0.07

    -0.07%

    SGD/AUD

    1.18

    0.00

    -0.19%

    AUD/EUR

    0.6015

    0.00

    -0.07%

    AUD/GBP

    0.5083

    0.00

    -0.22%

    AUDCAD

    0.9006

    +0.00

    0.29%

  • 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%

    Click item/line to change chart

  • World

    21 January 2025   Updated : 13:42   AEDT

    FTSE100

    8520.54

    +15.32

    0.18%

    DAX30

    20990.31

    +86.92

    0.42%

    Hang Seng

    20060.75

    +134.94

    0.68%

    Nikkei 225

    38974.01

    +71.51

    0.18%

    DJIA

    43487.83

    +334.70

    0.78%

    S&P500

    5996.66

    +59.32

    1.00%

    Nasdaq Comp

    19630.20

    +291.91

    1.51%

    S&P500 VIX

    15.81

    -0.79

    -4.76%

    US 10-year yield

    4.609

    0.000

    0.000%

    USD Index

    107.84

    -1.36

    -1.25%

  • 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%

    Click item/line to change chart

  • Metals & Minerals

    21 January 2025   Updated : 07:53   AEDT

    Gold (oz)

    2731.80

    -16.90

    -0.61%

    Silver (oz)

    31.20

    +0.06

    0.19%

    Copper (lb)

    4.3150

    -0.05

    -1.22%

    Aluminium (lb)

    1.2111

    +0.00

    0.34%

    Nickel (lb)

    7.1280

    0.00

    0.00%

    Zinc (lb)

    1.3321

    +0.01

    0.48%

    Copper (t)

    9587.93

    -118.88

    -1.22%

    Aluminium (t)

    2691.00

    +9.00

    0.34%

    Nickel (t)

    15838.50

    0.00

    0.00%

    Zinc (t)

    2960.00

    +14.00

    0.48%

    Uranium (lb) weekly

    73.75

    -0.25

    -0.34%

    Iron Ore (t)

    101.53

    +0.32

    0.32%

  • Energy

    21 January 2025   Updated : 07:52   AEDT

    West Texas Crude

    76.39

    -1.00

    -1.29%

    Brent Crude

    79.91

    -0.88

    -1.09%

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

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


FEATURE STORIES

A Golden Era For Engineering Services?

Defence, energy, digitalisation industries collide with sustainability to provide a very positive investment spending backdrop for Australia’s engineering services companies

Oct 30 2024