FINANCIAL NEWS

ikeGPS Positioned For Multi-Decade Tailwinds

Sales of ikeGPS Group’s suite of products are benefitting from structural trends. New research explains these tools remain critical for a range of large customers, with the current focus on North America

12:33 PM


Weekly Update On LICs & LITs – 08-Jul-2025

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

11:00 AM


Pinnacle’s Ready For New Highs

Pinnacle Investment Management is back on the radar of Fairmont Equities’ Michael Gable with current consolidation seen setting the share price up for a move higher

10:30 AM


Uranium Week: U3O8 Spot Price Poised To Fall

After all of the good news in June, uranium equities might be heading for consolidation as the U308 spot price slips on Sprott completing its buying

10:00 AM


The Overnight Report: Tariff Truce’s Soft Extension

A global perspective on what happened overnight

8:42 AM


Bell Potter rates AL3 as Speculative Buy

Bell Potter considers the receipt of a Letter of Intent (LOI) from the US Navy as a strategically important development for AML3D. The Navy plans to collaborate with the company on several key additive manufacturing initiatives.

AML3D’s Arcemy technology has been identified as pivotal to meeting the US Navy’s forecast of 100 system installations, highlight the analysts. Arcemy is a line of large-format, industrial metal 3D printers based on Wire-arc Additive Manufacturing.

The company is expected to contribute to the supply of around 400 components in 2026, rising to 1,600 by 2030, notes the broker. Management will be regularly briefed on demand forecasts to support an expansion of US production capacity.

Bell Potter also notes the recent opening of AML3D’s new advanced manufacturing facility in Ohio on June 20.

There are no changes to financial forecasts, as the broker had already factored in increased system sales to the US maritime sector. However, the LOI has prompted a reduction in the applied WACC to 10.1% and an increase in the EV/Revenue multiple to 7.5 times.

Bell Potter retains a Speculative Buy rating and raises the target to 35c from 30c.

Morgans rates AQZ as Buy

Alliance Aviation Services' sale of 12 surplus E190 engines to Beautech for around $60m has happened quicker than anticipated. Morgans' expected the entire transaction to take place in FY26, but 10 of the 12 engines will be delivered in FY25, reducing net debt and generating free cash flow.

The broker now expects FY25 net debt at $390m vs $428.5 previously and left the FY26 forecast unchanged. 

With further debt reduction plans for FY26 and capex requirement for 10 additional E190 aircrafts, the analyst now thinks the company will have to monetise some of the incoming aircraft, leading to lower net profit.

Buy. Target cut to $3.80 from $3.90 after FY26-27 net profit before tax forecasts cut by -3.3% and -0.9%, respectively.

Citi rates BRG as Neutral

Citi regards Breville Group's official launch in China via a digital-only strategy for the coffee category as positive, but doesn't believe it will turn into a meaningful opportunity. This is because the coffee category in China is only a small proportion (2% in volume terms) of the overall small kitchen appliance market.

The broker sees more opportunity in the cooking and food preparation categories, though a headwind would be a higher concentration of competitor brands vs the US market.

Neutral. Target unchanged at $38.20.

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

$30.13

07 Jul
2025

market red arrow -0.190

OPEN

$30.25

market red arrow -0.63%

HIGH

$30.42

3,493,438

LOW

$29.90

TARGET
$26.668-11.5% 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 13.3 xxx
Dividend Yieldxxx N/A 5.1% xxx
Div Pay Ratio(%)xxx 76.2% 68.4% xxx

DAILY FINANCIAL NEWS

ikeGPS Positioned For Multi-Decade Tailwinds

Sales of ikeGPS Group’s suite of products are benefitting from structural trends. New research explains these tools remain critical for a range of large customers, with the current focus on North America

12:33 PM - Small Caps


Pinnacle Investment Management is back on the radar of Fairmont Equities’ Michael Gable with current consolidation seen setting the share price up for a move higher

10:30 AM - Technicals


A personal experience about picking winners in today’s emerging megatrends

Jul 07 2025 - International


New research illustrates Tasmea’s high margins derive from a unique operating model, small acquisitions and cross-selling between subsidiaries

Jul 07 2025 - Small Caps


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

Jul 05 2025 - Australia


Freshly ASX-listed Greatland Resources is seen as a standout among junior resource companies. Now it’s up to management to deliver on the upside potential

Jul 04 2025 - Commodities


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RUDI'S VIEWS

Rudi’s View: Charter Hall, Droneshield, Pinnacle, WiseTech & More

Update on changes to and revisions of analysts’ Best Ideas and Conviction Calls, as well as Model Portfolio compositions

Jul 03 2025

DAILY MARKET REPORTS

The Overnight Report: Tariff Truce’s Soft Extension

A global perspective on what happened overnight

8:42 AM


Today’s Financial Calendar – 08-07-2025

Significant Scheduled Events For 08 July, 2025

8:15 AM


ASX Winners And Losers Of Today – 07-07-25

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

Jul 07 2025


Australian Broker Call *Extra* Edition – Jul 07, 2025

Extra Edition of the Broker Call Report

Jul 07 2025


The Monday Report – 07 July 2025

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead

Jul 07 2025


Today’s Financial Calendar – 07-07-2025

Significant Scheduled Events For 07 July, 2025

Jul 07 2025


ASX Winners And Losers Of Today – 04-07-25

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

Jul 04 2025


WEEKLY REPORTS

Weekly Update On LICs & LITs – 08-Jul-2025

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

11:00 AM

Uranium Week: U3O8 Spot Price Poised To Fall

After all of the good news in June, uranium equities might be heading for consolidation as the U308 spot price slips on Sprott completing its buying

10:00 AM

Australian Listed Real Estate Tables – 07-07-2025

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

Jul 07 2025


Weekly Ratings, Targets, Forecast Changes – 04-07-25

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

Jul 07 2025

Next Week At A Glance -7-11 Jul 2025

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

Jul 04 2025

Weekly Top Ten News Stories – 4 July 2025

Our top ten news stories from 26 June 2025 to 03 July 2025

Jul 04 2025


In Case You Missed It – BC Extra Upgrades & Downgrades – 04-07-25

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

Jul 04 2025

In Brief: Austal, Superloop, Motorcycle Holdings & Nanosonics

Structural growth and challenges are in focus this week for In Brief’s stock snacks with those companies benefitting from longer term trends or impeded by uncertainty

Jul 04 2025

The Short Report – 03 Jul 2025

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

Jul 03 2025


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FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    08 July 2025   Updated : 12:42   AEDT

    SPI Overnight

    8526.00

    -47.00

    -0.55%

    NZ50

    12751.850

    -13.100

    -0.100%

    All Ordinaries

    8832.00

    +5.60

    0.06%

    S&P ASX 200

    8592.20

    +2.90

    0.03%

    S&P ASX 300

    8522.50

    +4.10

    0.05%

    Communication Services

    1848.40

    +3.00

    0.16%

    Consumer Discretionary

    4163.80

    +12.40

    0.30%

    Consumer Staples

    12143.60

    -148.50

    -1.21%

    Energy

    8773.70

    -4.20

    -0.05%

    Financials

    9416.80

    +18.00

    0.19%

    Health Care

    42591.20

    -102.80

    -0.24%

    Industrials

    8254.80

    -15.30

    -0.19%

    Info Technology

    2920.40

    +24.30

    0.84%

    Materials

    16313.50

    +7.90

    0.05%

    Real Estate

    3995.80

    -4.50

    -0.11%

    Utilities

    9535.60

    -60.50

    -0.63%

    A-REITs

    1837.50

    -2.40

    -0.13%

    All Technology Index

    4099.10

    +32.20

    0.79%

    Banks

    3966.90

    +11.90

    0.30%

    Gold Index

    11495.20

    +324.50

    2.90%

    Metals & Mining

    5365.00

    +11.00

    0.21%

    Click item/line to change chart

  • Australasia

    08 July 2025   Updated : 12:42   AEDT

    AUD/USD

    0.6517

    +0.00

    0.29%

    AUD/NZD

    1.0828

    0.00

    -0.04%

    NZD/USD

    0.6019

    +0.00

    0.33%

    AUD/JPY

    95.23

    +0.72

    0.76%

    SGD/AUD

    1.20

    0.00

    -0.26%

    AUD/EUR

    0.5549

    +0.00

    0.22%

    AUD/GBP

    0.4780

    +0.00

    0.08%

    AUDCAD

    0.8898

    +0.00

    0.17%

  • World

    08 July 2025   Updated : 12:42   AEDT

    CAD/USD

    0.7324

    +0.00

    0.14%

    EUR/JPY

    171.63

    +0.94

    0.55%

    EUR/USD

    1.1744

    +0.00

    0.09%

    GBP/USD

    1.3634

    +0.00

    0.24%

    USD/JPY

    146.12

    +0.66

    0.45%

    Click item/line to change chart

  • World

    08 July 2025   Updated : 12:42   AEDT

    FTSE100

    8806.53

    -16.38

    -0.19%

    DAX30

    24073.67

    +286.22

    1.20%

    Hang Seng

    23999.90

    +112.07

    0.47%

    Nikkei 225

    39680.75

    +93.07

    0.24%

    DJIA

    44406.36

    -422.17

    -0.94%

    S&P500

    6229.98

    -49.37

    -0.79%

    Nasdaq Comp

    20412.52

    -188.59

    -0.92%

    S&P500 VIX

    17.79

    +0.31

    1.77%

    US 10-year yield

    4.395

    +0.047

    1.080%

    USD Index

    97.21

    +0.39

    0.40%

  • Aus Stocks

    08 July 2025   Updated : 12:42   AEDT

    Amcor (US)

    9.68

    +0.05

    0.52%

    Newmont (US)

    60.16

    +0.26

    0.43%

    Rio Tinto (UK)

    4270.50

    +4.00

    0.09%

    BHP Group (US)

    49.39

    -1.13

    -2.24%

    Rio Tinto (US)

    57.66

    -1.36

    -2.30%

    ResMed (US)

    256.41

    -0.55

    -0.21%

    South32 (UK)

    145.40

    -2.80

    -1.89%

    James Hardie (US)

    27.90

    -0.87

    -3.02%

    Janus Henderson (US)

    39.99

    -0.31

    -0.77%

    Click item/line to change chart

  • Metals & Minerals

    08 July 2025   Updated : 06:51   AEDT

    Gold (oz)

    3346.35

    -0.15

    0.00%

    Silver (oz)

    36.95

    -0.19

    -0.50%

    Copper (lb)

    5.0103

    -0.05

    -1.03%

    Aluminium (lb)

    1.1659

    -0.01

    -1.00%

    Nickel (lb)

    6.7695

    -0.09

    -1.32%

    Zinc (lb)

    1.2189

    -0.02

    -1.54%

    Copper (t)

    11027.71

    -130.04

    -1.17%

    Aluminium (t)

    2569.65

    -26.00

    -1.00%

    Nickel (t)

    14920.00

    -200.00

    -1.32%

    Zinc (t)

    2686.45

    -42.20

    -1.55%

    Uranium (lb) weekly

    76.00

    -2.65

    -3.37%

    Iron Ore (t)

    95.22

    -1.02

    -1.06%

  • Energy

    08 July 2025   Updated : 06:51   AEDT

    West Texas Crude

    68.11

    +1.62

    2.44%

    Brent Crude

    69.59

    +1.29

    1.89%

CALENDAR

Tuesday, 8 July 2025
AU June NAB business survey
AU RBA rate decision
JP May BoP
US June NFIB
Wednesday, 9 July 2025
NZ RBNZ cash rate
CH June CPI, PPI
US June FOMC Mins
US May consumer credit
Thursday, 10 July 2025
NZ May net immigration
JP June PPI
NWLQtrly Report

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon down$36.98

CSLCSL LIMITED

market icon down$245.03

REAREA GROUP LIMITED

market icon up$234.59

TNETECHNOLOGY ONE LIMITED

market icon up$41.19

WOWWOOLWORTHS GROUP LIMITED

market icon down$31.26

WEEKLY PDF

Stories To Read From FNArena


WEEK 27
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WEEK 26
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WEEK 25
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WEEK 24
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WEEK 23
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FNARENA TALKS

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FNARENA WINDOWS

Window on IT & SUPPORT

ikeGPS Positioned For Multi-Decade Tailwinds

Sales of ikeGPS Group’s suite of products are benefitting from structural trends. New research explains these tools remain critical for a range of large customers, with the current focus on North America

12:33 PM


Window on WEALTH MANAGEMENT & INVESTMENTS

Weekly Update On LICs & LITs – 08-Jul-2025

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

11:00 AM


Window on WEALTH MANAGEMENT & INVESTMENTS

Pinnacle’s Ready For New Highs

Pinnacle Investment Management is back on the radar of Fairmont Equities’ Michael Gable with current consolidation seen setting the share price up for a move higher

10:30 AM


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