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


The Overnight Report: Risk On Rally Returns

A global perspective on what happened overnight

8:57 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.

Click here to see full report market arrow icon

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 PRICECHANGE +/-CHANGE %VOLUME

$28.60

24 Jun
2025

market green arrow 0.390

OPEN

$28.43

market green arrow 1.38%

HIGH

$28.63

6,659,853

LOW

$28.36

TARGET
$26.668-6.8% downside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY23
Actual
FY24
Actual
FY25
Forecast
FY26
Forecast
EPS (cps)xxx 218.0 227.8 xxx
DPS (cps)xxx 166.0 155.8 xxx
EPS Growthxxx - 8.0% 4.5% xxx
DPS Growthxxx - 5.1% - 6.1% xxx
PE Ratioxxx N/A 12.8 xxx
Dividend Yieldxxx 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


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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

The Overnight Report: Risk On Rally Returns

A global perspective on what happened overnight

8:57 AM


Today’s Financial Calendar – 25-06-2025

Significant Scheduled Events For 25 June, 2025

8:15 AM


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


Today’s Financial Calendar – 24-06-2025

Significant Scheduled Events For 24 June, 2025

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


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FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • 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%

    Click item/line to change chart

  • Australasia

    25 June 2025   Updated : 12:12   AEDT

    AUD/USD

    0.6501

    0.00

    -0.15%

    AUD/NZD

    1.0789

    0.00

    -0.02%

    NZD/USD

    0.6026

    0.00

    -0.10%

    AUD/JPY

    94.05

    -0.29

    -0.31%

    SGD/AUD

    1.20

    +0.00

    0.20%

    AUD/EUR

    0.5592

    0.00

    -0.32%

    AUD/GBP

    0.4772

    0.00

    -0.21%

    AUDCAD

    0.8924

    0.00

    -0.03%

  • 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%

    Click item/line to change chart

  • World

    25 June 2025   Updated : 12:12   AEDT

    FTSE100

    8758.99

    +0.95

    0.01%

    DAX30

    23641.58

    +372.57

    1.60%

    Hang Seng

    24379.13

    +202.06

    0.84%

    Nikkei 225

    38890.86

    +100.30

    0.26%

    DJIA

    43089.02

    +507.24

    1.19%

    S&P500

    6092.18

    +67.01

    1.11%

    Nasdaq Comp

    19912.53

    +281.56

    1.43%

    S&P500 VIX

    17.48

    -2.35

    -11.85%

    US 10-year yield

    4.293

    -0.027

    -0.630%

    USD Index

    97.56

    -0.41

    -0.42%

  • 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%

    Click item/line to change chart

  • Metals & Minerals

    25 June 2025   Updated : 06:54   AEDT

    Gold (oz)

    3337.22

    -48.80

    -1.44%

    Silver (oz)

    35.87

    -0.24

    -0.67%

    Copper (lb)

    4.8995

    +0.02

    0.32%

    Aluminium (lb)

    1.1687

    -0.01

    -0.54%

    Nickel (lb)

    6.6901

    +0.06

    0.96%

    Zinc (lb)

    1.2206

    +0.00

    0.12%

    Copper (t)

    10798.50

    +29.75

    0.28%

    Aluminium (t)

    2575.85

    -14.10

    -0.54%

    Nickel (t)

    14745.00

    +140.00

    0.96%

    Zinc (t)

    2690.15

    +3.30

    0.12%

    Uranium (lb) weekly

    77.50

    +8.50

    12.32%

    Iron Ore (t)

    94.63

    -0.12

    -0.13%

  • Energy

    25 June 2025   Updated : 06:54   AEDT

    West Texas Crude

    65.03

    -2.41

    -3.57%

    Brent Crude

    66.82

    -2.65

    -3.81%

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

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon down$36.64

CSLCSL LIMITED

market icon down$240.64

REAREA GROUP LIMITED

market icon down$233.92

TNETECHNOLOGY ONE LIMITED

market icon down$40.34

WOWWOOLWORTHS GROUP LIMITED

market icon down$31.29

WEEKLY PDF

Stories To Read From FNArena


WEEK 25
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WEEK 24
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WEEK 23
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WEEK 22
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WEEK 21
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FNARENA TALKS

FNArena Video Thumbnails 2540

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


FEATURE STORIES

FNArena Visits NextDC’s S3 Data Centre

FNArena received a bird’s eye view on what it takes to develop critical infrastructure for Australia’s growing demand for cloud computing and AI

Jun 19 2025