Daily Market Reports | Jun 01 2026
This story features ABACUS GROUP, and other companies.
For more info SHARE ANALYSIS: ABG
The company is included in ASX300 and ALL-ORDS
An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.
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COMPANIES DISCUSSED IN THIS ISSUE
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The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)
ABG ACF AEU APE ASX CIA CSX GHM GTK IKE SDR (2) SHA (2) WJL
ABG ABACUS GROUP
REITs – Overnight Price: $1.03
Shaw and Partners rates ((ABG)) as Downgrade to Hold from Buy (3) –
Shaw and Partners downgrades Abacus Group to a Hold rating with its target price reduced to $1.05.
Following the internalisation of management by Abacus Storage King, the company will focus on a long-term commercial real estate investment strategy.
A wait-and-see approach is prudent while strategic options regarding the portfolio and capital structure are considered.
Financial models remain unchanged for now, though a potential sale of the 19.7% stake in Abacus Storage King could materially alter the financial profile in FY27.
Distributions could be reset to 6.5c per unit in FY27 from the reiterated FY26 guidance of 8.5c, softened by a potential increase in franking to 100%.
This report was published on May 28, 2026.
Target price is $1.05 Current Price is $1.03 Difference: $0.015
If ABG meets the Shaw and Partners target it will return approximately 1% (excluding dividends, fees and charges).
Current consensus price target is $1.23, suggesting upside of 18.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 8.50 cents and EPS of 8.30 cents.
At the last closing share price the estimated dividend yield is 8.21%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.47.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 8.9, implying annual growth of 195.7%.
Current consensus DPS estimate is 8.5, implying a prospective dividend yield of 8.3%.
Current consensus EPS estimate suggests the PER is 11.6.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 8.60 cents and EPS of 8.50 cents.
At the last closing share price the estimated dividend yield is 8.31%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.18.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 9.0, implying annual growth of 1.1%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 11.4.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ACF ACROW LIMITED
Building Products & Services – Overnight Price: $0.83
Shaw and Partners rates ((ACF)) as Buy (1) –
Shaw and Partners maintains a Buy rating for Acrow with a $1.25 target price following the release of Australian Bureau of Statistics construction work done data.
Total Australian construction work done rose 3.4% during the March 2026 quarter, but Queensland recorded an -8.9% decline to expand its overall pipeline gap.
Elevated commitments from the Queensland 2025-26 State budget alongside upcoming Brisbane 2032 Olympics projects support long-term expansion opportunities for the enterprise, the report concludes.
Improved trading conditions in the Queensland formwork division during March 2026 lifted hire revenue to its highest level in over 12 months.
Projections remain completely unaltered with the stock trading significantly below its valuation benchmark, the broker states.
This report was published on May 28, 2026.
Target price is $1.25 Current Price is $0.83 Difference: $0.415
If ACF meets the Shaw and Partners target it will return approximately 50% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 5.00 cents and EPS of 9.10 cents.
At the last closing share price the estimated dividend yield is 5.99%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.18.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 5.00 cents and EPS of 11.20 cents.
At the last closing share price the estimated dividend yield is 5.99%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.46.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AEU ATOMIC EAGLE LIMITED
Overnight Price: $0.41
Shaw and Partners rates ((AEU)) as Initiation of coverage with Buy (1) –
Shaw and Partners initiates coverage on Atomic Eagle with a Buy rating and a $1.40 target price following the commencement of a 30,000m exploration drilling campaign at the Muntanga Uranium Project in Zambia.
The district-scale program targets four priority zones within a 1,126 km² licence package to expand the existing 58.8 Mlb uranium resource base.
Prodeo Consulting validated a historical feasibility study confirming commercial viability at a flat uranium price of US$90/lb.
A potential reconciliation with the Niger government regarding the revoked permit for the world-class Madaouela resource represents substantial upside option value but is assigned nil value under current models.
Financial projections indicate negative underlying earnings per share of -3.9c for FY26 and -4.0c for FY27, with dividend distributions expected to remain at zero.
This report was published on May 28, 2026.
Target price is $1.40 Current Price is $0.41 Difference: $0.99
If AEU meets the Shaw and Partners target it will return approximately 241% (excluding dividends, fees and charges).
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 3.90 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 10.51.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 4.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 10.25.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
APE EAGERS AUTOMOTIVE LIMITED
Automobiles & Components – Overnight Price: $20.89
Moelis rates ((APE)) as Hold (3) –
Moelis maintains a Hold rating for Eagers Automotive with a $26.35 target following a weaker-than-expected 1H26 result, largely attributed to timing impacts from the CanadaOne acquisition delay, a weaker Canadian dollar, and constrained supply from BYD and Toyota limiting deliveries despite record order intake.
The broker notes the A&NZ order bank has surged 70% since December 2025, supporting a stronger 2H26 as supply conditions improve, though higher interest costs provide a partial offset.
CanadaOne continues to outperform in a weak Canadian market, with significant industry consolidation opportunities seen supporting medium-term double-digit growth.
FY26-FY28 EPS estimates have been trimmed -3-8% to reflect the CanadaOne settlement delay, higher interest costs, and the closure of underperforming operations.
EPS forecasts are revised to 106.0c for FY26 and 126.2c for FY27, with DPS at 80.2c and 93.6c.
This report was published on May 28, 2026.
Target price is $26.35 Current Price is $20.89 Difference: $5.46
If APE meets the Moelis target it will return approximately 26% (excluding dividends, fees and charges).
Current consensus price target is $28.45, suggesting upside of 36.2%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 80.20 cents and EPS of 106.00 cents.
At the last closing share price the estimated dividend yield is 3.84%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.71.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 114.6, implying annual growth of 31.5%.
Current consensus DPS estimate is 82.4, implying a prospective dividend yield of 3.9%.
Current consensus EPS estimate suggests the PER is 18.2.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 93.60 cents and EPS of 126.20 cents.
At the last closing share price the estimated dividend yield is 4.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.55.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 133.9, implying annual growth of 16.8%.
Current consensus DPS estimate is 90.7, implying a prospective dividend yield of 4.3%.
Current consensus EPS estimate suggests the PER is 15.6.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ASX ASX LIMITED
Wealth Management & Investments – Overnight Price: $46.23
Jarden rates ((ASX)) as Upgrade to Overweight from Neutral (2) –
Jarden upgrades ASX to Overweight from Neutral, with a $55.30 target price, following a significant share price dislocation.
Commentary suggests main concerns regarding the absence of a chief executive officer and cost transparency are resolved by Anthony Attia’s appointment and recent technology cost guidance.
Technology modernisation and cultural remediation operating expenses will be partly offset in outer years by participant cost-passing mechanisms.
Strong volume momentum remains evident as year-to-date operating revenue reached $1.03bn, an increase of 12.5% on the prior corresponding period.
Near-term dividend recovery faces constraints from a -$150m capital charge due by June 2027, potentially requiring a discounted dividend reinvestment plan.
This report was published on May 28, 2026.
Target price is $55.30 Current Price is $46.23 Difference: $9.07
If ASX meets the Jarden target it will return approximately 20% (excluding dividends, fees and charges).
Current consensus price target is $55.54, suggesting upside of 24.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 201.90 cents and EPS of 269.00 cents.
At the last closing share price the estimated dividend yield is 4.37%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.19.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 273.8, implying annual growth of 5.7%.
Current consensus DPS estimate is 205.3, implying a prospective dividend yield of 4.6%.
Current consensus EPS estimate suggests the PER is 16.3.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 195.50 cents and EPS of 260.40 cents.
At the last closing share price the estimated dividend yield is 4.23%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.75.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 265.4, implying annual growth of -3.1%.
Current consensus DPS estimate is 202.9, implying a prospective dividend yield of 4.5%.
Current consensus EPS estimate suggests the PER is 16.8.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CIA CHAMPION IRON LIMITED
Iron Ore – Overnight Price: $4.45
Jarden rates ((CIA)) as Downgrade to Neutral from Overweight (3) –
Jarden downgrades Champion Iron to a Neutral rating with its target price reduced to $5.00 following a lower-than-expected dividend outcome and apparent deteriorating business conditions.
A revised distribution framework based on trailing free cash flow metrics has been introduced to preserve liquidity amid rising operational costs.
Unit operating costs increased during the final quarter due to higher fuel and land transport dynamics, with seaborne freight inflation providing a further drag on earnings.
Imminent sales of high-grade product from the direct reduction pellet feed expansion project will begin in the upcoming quarter.
Forward EBITDA projections are lowered by -20% for FY27, though the underlying strategy of increasing premium iron ore product exposure remains intact, the broker highlights.
This report was published on May 28, 2026.
Target price is $5.00 Current Price is $4.45 Difference: $0.55
If CIA meets the Jarden target it will return approximately 12% (excluding dividends, fees and charges).
The company’s fiscal year ends in March.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 16.12 cents and EPS of 21.82 cents.
At the last closing share price the estimated dividend yield is 3.62%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.40.
Forecast for FY28:
Jarden forecasts a full year FY28 dividend of 15.05 cents and EPS of 27.19 cents.
At the last closing share price the estimated dividend yield is 3.38%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.36.
This company reports in CAD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CSX CLEANSPACE HOLDINGS LIMITED
Medical Equipment & Devices – Overnight Price: $0.39
Research as a Service (RaaS) rates ((CSX)) as No Rating (-1) –
CleanSpace is now forecasting low single-digit revenue growth for FY26 and a small loss at the EBITDA level, implying second half revenue declined by -1%.
Research as a Service (RaaS) found this unsurprising, given a slowing in growth over the first half amid a difficult geopolitical environment, continued regulatory delays related to new product releases and adverse currency movements.
Revenue assumptions are downgraded between -9% and -11% over the forecast period and as a result the valuation drops to $0.90 from $1.05.
Research as a Service (RaaS) research doesn’t carry any targets, ratings or recommendations. Investors can draw conclusions from valuations and commentary.
This report was published on May 28, 2026.
Target price is $0.90 Current Price is $0.39 Difference: $0.515
If CSX meets the Research as a Service (RaaS) target it will return approximately 134% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Research as a Service (RaaS) forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 96.25.
Forecast for FY27:
Research as a Service (RaaS) forecasts a full year FY27 dividend of 0.00 cents and EPS of 1.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 27.50.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
GHM GOLDEN HORSE MINERALS LIMITED
Gold & Silver – Overnight Price: $0.47
Shaw and Partners rates ((GHM)) as Buy (1) –
Shaw and Partners maintains a Buy rating for Golden Horse Minerals with a $1.50 target price following a significant exploration breakthrough at the Hopes Hill project in Western Australia.
Reverse circulation and diamond drilling confirmed high-grade gold mineralisation extending over 3km, with a standout intercept of 12m at 7.0g/t gold located 1,000m north of the existing pit.
Commentary explains the results validate the geological model beneath the historic workings and suggest the bulk of the endowment remains wide open at depth.
With four rigs deployed and a large batch of assays pending, the ongoing drill campaign aims to integrate data into a planned mineral resource estimate by the end of 2026.
The broker nominates the company as a preferred pick within the gold sector as it systematically unlocks a substantially larger mineralised system.
This report was published on May 29, 2026.
Target price is $1.50 Current Price is $0.47 Difference: $1.03
If GHM meets the Shaw and Partners target it will return approximately 219% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
GTK GENTRACK GROUP LIMITED
Software & Services – Overnight Price: $3.01
Moelis rates ((GTK)) as Buy (1) –
Moelis maintains a Buy rating for Gentrack Group with its 12-month target price lowered to $5.75 from $7.86 following a review of near-term estimates.
Reductions to revenue forecasts flow through to operating earnings unmitigated by cost cuts because management elected to maintain workforce capacity in anticipation of future contract wins.
Commentary explains the revised model shifts to a slower ramp of project-based revenues across FY27 and FY28, though a solid base of recurring utility and airport revenue provides long-term valuation support.
Slow contract conversion has weighed on recent market confidence. The broker notes investors will likely require clear evidence of renewed earnings momentum before sentiment revisits previous highs.
This report was published on May 28, 2026.
Target price is $5.75 Current Price is $3.01 Difference: $2.74
If GTK meets the Moelis target it will return approximately 91% (excluding dividends, fees and charges).
Current consensus price target is $4.17, suggesting upside of 38.5%(ex-dividends)
The company’s fiscal year ends in September.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 10.88 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 27.67.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 9.2, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 32.7.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 14.88 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.22.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.7, implying annual growth of 81.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 18.0.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
IKE IKEGPS GROUP LIMITED
Hardware & Equipment – Overnight Price: $0.97
Moelis rates ((IKE)) as Hold (3) –
Moelis maintains a Hold rating for ikeGPS Group with its target price reduced to $1.02 following structural revisions to the electronic equipment provider’s intermediate cost expectations.
Although positive underlying EBITDA was achieved in March FY26, higher cost disclosures within the final full-year accounts necessitate upward expense adjustments.
The broker points out ikeGPS Group’s strategy continues to leverage specialized domain expertise in electrical distribution network maintenance alongside accelerated software product development outlays.
Anticipated price increases across the core user subscription base and the deployment of a new network management solution by the end of 2026 support operational revenue momentum.
Near-term balance sheet positions remain well funded by previous capital raising initiatives and upfront deferred revenue collections, the report concludes.
This report was published on May 31, 2026.
Target price is $1.02 Current Price is $0.97 Difference: $0.045
If IKE meets the Moelis target it will return approximately 5% (excluding dividends, fees and charges).
The company’s fiscal year ends in March.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of minus 2.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 36.14.
Forecast for FY28:
Moelis forecasts a full year FY28 dividend of 0.00 cents and EPS of 0.44 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 224.14.
This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SDR SITEMINDER LIMITED
Travel, Leisure & Tourism – Overnight Price: $3.50
Jarden rates ((SDR)) as Buy (1) –
Jarden maintains a Buy rating for SiteMinder with a $5.80 target price following the launch of its SiteMinder Powered distribution platform.
Mews has signed as the inaugural partner, enabling direct integration of channel management software within its hotel operating systems.
The agreement de-risks future competition by reinforcing how difficult replicating the core distribution product is for vertically integrated hotel technology players.
Zero customer acquisition costs and diminished churn are expected to secure highly attractive subscriber unit economics through the mutual partnership.
Near-term revenue impacts appear immaterial, but longer-term platform expansion and upsell opportunities for ancillary products are seen as supporting structural growth metrics.
This report was published on May 28, 2026.
Target price is $5.80 Current Price is $3.50 Difference: $2.3
If SDR meets the Jarden target it will return approximately 66% (excluding dividends, fees and charges).
Current consensus price target is $6.49, suggesting upside of 85.3%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 1.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 233.33.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.9, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is N/A.
Forecast for FY27:
Jarden forecasts a full year FY27 dividend of 0.00 cents and EPS of 3.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 92.11.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 2.9, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 120.7.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Moelis rates ((SDR)) as Buy (1) –
Moelis maintains a Buy rating on SiteMinder with a $7.32 target price following the launch of “SiteMinder Powered” with Mews as its first PMS partner.
The partnership is expected to accelerate customer penetration and reduce churn by embedding SiteMinder’s channel and distribution products directly into Mews’ hospitality operating platform.
FY26 revenue and EBITDA forecasts have been modestly reduced to reflect softer transaction volumes linked to Middle East travel disruption and foreign exchange headwinds from a stronger Australian dollar.
Despite these revisions, the broker expects FY26 revenue growth of 20% and believes the company continues to improve margins and operating leverage while trading below historical valuation averages.
EPS forecasts are revised to -0.8c for FY26, 5.2c for FY27 and 12.3c for FY28. No dividend payments are anticipated.
This report was published on May 28, 2026.
Target price is $7.32 Current Price is $3.50 Difference: $3.82
If SDR meets the Moelis target it will return approximately 109% (excluding dividends, fees and charges).
Current consensus price target is $6.49, suggesting upside of 85.3%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 437.50.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.9, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is N/A.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 0.00 cents and EPS of 5.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 67.31.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 2.9, implying annual growth of N/A.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 120.7.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SHA SHAPE AUSTRALIA CORPORATION LIMITED
Industrial Sector Contractors & Engineers – Overnight Price: $7.26
Moelis rates ((SHA)) as Buy (1) –
Moelis maintains a Buy rating for Shape Australia with its target price increased to $8.60 from $8.33 following the acquisition of Australian Professional Shopfitters.
The transaction involves a $20.4m upfront consideration alongside a potential $9m earnout, funded via $17m from existing cash reserves and a $3m scrip issuance.
The target entity operates a 5,000 square metre manufacturing facility in Melbourne with in-house project management, manufacturing, and logistics capabilities.
Integration of the vertically integrated shopfitting business increases exposure to highly repeatable multi-site rollouts across leading national retail brands, the broker explains.
While the acquisition represents a modest 2.5% of projected FY27 group revenue, the superior 16% operating margin profile is expected to drive a 6% to 7% accretion to earnings per share across the forecast period, the broker notes.
This report was published on May 29, 2026.
Target price is $8.60 Current Price is $7.26 Difference: $1.34
If SHA meets the Moelis target it will return approximately 18% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 31.00 cents and EPS of 35.90 cents.
At the last closing share price the estimated dividend yield is 4.27%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.22.
Forecast for FY27:
Moelis forecasts a full year FY27 dividend of 36.90 cents and EPS of 42.80 cents.
At the last closing share price the estimated dividend yield is 5.08%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.96.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Shaw and Partners rates ((SHA)) as Buy (1) –
Shaw and Partners maintains a Buy rating for Shape Australia with its target price increased to $8.70 from $8.25 following the acquisition of Australian Professional Shopfitters.
The $20.4m upfront transaction is expected to be 5% to 7% accretive to earnings per share in the first full year of integration.
The vertically integrated retail shopfitting business enhances the position of the national fit-out and construction services specialist across the retail lifecycle.
Synergies include increasing manufacturing capacity utilisation within the target entity’s joinery operations from the current 50%, internalising work previously outsourced by the parent company.
The purchase is funded via a mix of $17.4m cash and $3.0m in newly issued shares, subject to an extended earnout structure based on underlying operational performance, the broker notes.
This report was published on May 29, 2026.
Target price is $8.70 Current Price is $7.26 Difference: $1.44
If SHA meets the Shaw and Partners target it will return approximately 20% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY26:
Shaw and Partners forecasts a full year FY26 dividend of 30.00 cents and EPS of 36.50 cents.
At the last closing share price the estimated dividend yield is 4.13%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.89.
Forecast for FY27:
Shaw and Partners forecasts a full year FY27 dividend of 36.00 cents and EPS of 44.40 cents.
At the last closing share price the estimated dividend yield is 4.96%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.35.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WJL WEBJET GROUP LIMITED
Travel, Leisure & Tourism – Overnight Price: $0.41
Jarden rates ((WJL)) as Overweight (2) –
Jarden maintains an Overweight rating for Webjet Group with its target price reduced to $0.60 from $0.80 following an industry review of geopolitical conflicts.
Projections reflect an underestimation of lower airline commissions and the Reserve Bank of Australia payment surcharging ban taking effect from October 2026.
Revenue margins face a contraction of -35bps to -40bps, leading to downward revisions to underlying intermediate earnings parameters.
Customer engagement remains soft compared to direct online operators, though the structural rollout of digital initiatives supports the longer-term recovery thesis, commentary suggests.
The suggestion made is that valuation metrics trading at a steep discount to global peers alleviate broader structural risks.
This report was published on May 28, 2026.
Target price is $0.60 Current Price is $0.41 Difference: $0.185
If WJL meets the Jarden target it will return approximately 45% (excluding dividends, fees and charges).
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Disclaimer:
The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don’t have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide experienced, intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface.
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CHARTS
For more info SHARE ANALYSIS: ABG - ABACUS GROUP
For more info SHARE ANALYSIS: ACF - ACROW LIMITED
For more info SHARE ANALYSIS: AEU - ATOMIC EAGLE LIMITED
For more info SHARE ANALYSIS: APE - EAGERS AUTOMOTIVE LIMITED
For more info SHARE ANALYSIS: ASX - ASX LIMITED
For more info SHARE ANALYSIS: CIA - CHAMPION IRON LIMITED
For more info SHARE ANALYSIS: CSX - CLEANSPACE HOLDINGS LIMITED
For more info SHARE ANALYSIS: GHM - GOLDEN HORSE MINERALS LIMITED
For more info SHARE ANALYSIS: GTK - GENTRACK GROUP LIMITED
For more info SHARE ANALYSIS: IKE - IKEGPS GROUP LIMITED
For more info SHARE ANALYSIS: SDR - SITEMINDER LIMITED
For more info SHARE ANALYSIS: SHA - SHAPE AUSTRALIA CORPORATION LIMITED
For more info SHARE ANALYSIS: WJL - WEBJET GROUP LIMITED