Daily Market Reports | Mar 05 2025
This story features 29METALS LIMITED, and other companies. For more info SHARE ANALYSIS: 29M
The company is included in ALL-ORDS
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COMPANIES DISCUSSED IN THIS ISSUE
Click on a symbol for fast access.
The number next to the symbol represents the number of brokers covering it for this report -(if more than 1)
29M (2) ACF AEL ALC APX AZJ BAP (2) BTR CNI CYL DSK EGG EML EMR FLT (4) HLO IDX (3) IMB INR LNW (3) LYC (2) MAQ (3) MDR MYX (2) NDO (2) NSR OCL PDN PPS PTM RDY (2) REG RMC SCG SDF SDR (3) SGM SIQ THL TYR (2) VAU VHM WDS WOR WOW (2) WPR WTC (2)
29M 29METALS LIMITED
Copper – Overnight Price: $0.16
Canaccord Genuity rates ((29M)) as Sell (5) –
The 29Metals 2024 results beat Canaccord Genuity’s estimates at the EBITDA line while net profit missed because of higher D&A, write-downs and losses on derivative financial instruments.
Despite a large cash injection from the entitlement offer, the broker remains concerned about the strength of the balance sheet. A -20% cut to 2025 EBITDA forecasts is the result. Sell rating unchanged. Target edges down to $0.15 from $0.16.
This report was published on February 27, 2025.
Target price is $0.15 Current Price is $0.16 Difference: minus $0.01 (current price is over target).
If 29M meets the Canaccord Genuity target it will return approximately minus 6% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $0.25, suggesting upside of 48.5%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 5.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 3.20.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1.6, 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 10.6.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 2.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 8.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.5, 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.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((29M)) as Overweight (2) –
29Metals delivered a statutory 2024 loss of -$178m, reflecting the financial impact for a second year in a row of the extreme weather event at Capricorn Copper in March 2023.
The result was weaker than Jarden expected, with the variance largely driven by impairments and recovery costs.
The broker considers most of the imputs to the loss non-recurring and believes 2025 will reveal an improved financial performance, remaining bullish on the fundamentals of the copper and zinc markets. Overweight. Target is $0.32.
This report was published on February 26, 2025.
Target price is $0.32 Current Price is $0.16 Difference: $0.16
If 29M meets the Jarden target it will return approximately 100% (excluding dividends, fees and charges).
Current consensus price target is $0.25, suggesting upside of 48.5%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 0.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 53.33.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1.6, 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 10.6.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 40.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -1.5, 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.
Market Sentiment: 0.0
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: $1.04
Moelis rates ((ACF)) as Buy (1) –
Moelis notes Acrow’s 1H25 result met expectations and was in line with the company’s guidance, and the highlight was rapid growth in Industrial Access segment.
The division saw 119% y/y growth to $63m from organic and MI Scaffold, which was acquired in November 2023.
The company’s hire contracts rose 39% y/y with the current pipeline also up 39% to $210m. The company maintained FY25 guidance.
The broker made modest downward revisions to FY25-27 EPS forecasts on higher interest expense from an increase in net debt to $92m in December from $69m in June.
Target price is $1.39. Buy.
This report was published on February 27, 2025.
Target price is $1.39 Current Price is $1.04 Difference: $0.345
If ACF meets the Moelis target it will return approximately 33% (excluding dividends, fees and charges).
Current consensus price target is $1.30, suggesting upside of 25.3%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 6.10 cents and EPS of 11.60 cents.
At the last closing share price the estimated dividend yield is 5.84%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.01.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 10.9, implying annual growth of 22.9%.
Current consensus DPS estimate is 6.1, implying a prospective dividend yield of 5.9%.
Current consensus EPS estimate suggests the PER is 9.5.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 6.30 cents and EPS of 12.50 cents.
At the last closing share price the estimated dividend yield is 6.03%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.36.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.3, implying annual growth of 12.8%.
Current consensus DPS estimate is 7.1, implying a prospective dividend yield of 6.8%.
Current consensus EPS estimate suggests the PER is 8.5.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AEL AMPLITUDE ENERGY LIMITED
Crude Oil – Overnight Price: $0.21
Goldman Sachs rates ((AEL)) as Neutral (3) –
Amplitude Energy’s reported 1H25 underlying earnings (EBITDA) were in line with Goldman Sachs’ estimates.
Net profit after tax was below expectations due to higher finance costs. Net debt rose to $241m, $29m above the broker’s forecast.
Management retained FY25 guidance, with production of 65-72 TJe/d, production expenses of -$55-63m, and capex of -$50-60m.
The analyst notes Amplitude is negotiating to acquire Mitsui’s 50% stake in the East Coast Supply Project, targeting a final investment decision in FY25. Estimated capex for the 3-well program is -$735m with Amplitude’s share at -$368m over FY26-28.
Orbost production increased 30% year-on-year to 61.5 TJ/d, with further improvements planned in 2H25. Neutral rating retained. Price target remains at $0.26 per share.
This report was published on February 27, 2025.
Target price is $0.26 Current Price is $0.21 Difference: $0.045
If AEL meets the Goldman Sachs target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $0.27, suggesting upside of 29.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.66 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.95.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 0.7, 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 30.0.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.22 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.68.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 2.3, implying annual growth of 228.6%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 9.1.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
ALC ALCIDION GROUP LIMITED
Healthcare services – Overnight Price: $0.09
Canaccord Genuity rates ((ALC)) as Buy (1) –
Alcidion Group posted first half results that were consistent with prior updates. Canaccord Genuity notes contracted revenue of $39.5m is a positive, increasing confidence the business will become EBITDA positive this financial year.
There is also scope for more contracts, after a windfall contract gain in recent days, an the broker believes this is a “nice opportunity” for operating leverage in FY26 and beyond. Buy rating retained. Target is $0.13.
This report was published on February 27, 2025.
Target price is $0.13 Current Price is $0.09 Difference: $0.044
If ALC meets the Canaccord Genuity target it will return approximately 51% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 0.60 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 14.33.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 86.00.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
APX APPEN LIMITED
IT & Support – Overnight Price: $1.30
Canaccord Genuity rates ((APX)) as Speculative Buy (1) –
Appen didn’t provide guidance for y/y revenue growth in FY25, prompting Canaccord Genuity to question its estimate for a 54% y/y growth.
The estimate was based on assumption the company’s traditional revenue base continues at 4% y/y and the rest comes from Large Language Model (LLM) projects.
The broker chose to downgrade its forecast to 40% y/y revenue growth, taking cues from US company Innodata’s 40% y/y growth forecast for FY25. The forecast for FY26 is largely unchanged
Target price is $2.6, and rating remains Speculative Buy.
This report was published on February 26, 2025.
Target price is $2.60 Current Price is $1.30 Difference: $1.3
If APX meets the Canaccord Genuity target it will return approximately 100% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 1.53 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 85.02.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.15 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 849.67.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
AZJ AURIZON HOLDINGS LIMITED
Transportation & Logistics – Overnight Price: $3.21
Goldman Sachs rates ((AZJ)) as Buy (1) –
Goldman Sachs highlights soft coal and bulk haulage performance impacted on Aurizon Holdings’ 1H25 results, though strong free cash flow supported further buybacks.
The analyst notes coal haulage was impacted by higher costs and an unfavourable mix, while bulk volumes were weaker due to lower grain shipments and provisions. The network business remained resilient, offsetting some of the decline.
Aurizon announced a second buyback extension for FY25, with total repurchases now at $300m, reinforcing its free cash flow strength.
The broker believes the bulk segment is showing early signs of recovery, particularly in landbridging and green metals, though targets for bulk earnings by FY30 remain challenging.
Goldman Sachs resumes coverage with a Buy rating. Target price $3.70.
This report was published on February 27, 2025.
Target price is $3.70 Current Price is $3.21 Difference: $0.49
If AZJ meets the Goldman Sachs target it will return approximately 15% (excluding dividends, fees and charges).
Current consensus price target is $3.38, suggesting upside of 6.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 20.00 cents and EPS of 25.00 cents.
At the last closing share price the estimated dividend yield is 6.23%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.84.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 23.8, implying annual growth of 7.9%.
Current consensus DPS estimate is 19.1, implying a prospective dividend yield of 6.0%.
Current consensus EPS estimate suggests the PER is 13.3.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 22.00 cents and EPS of 27.00 cents.
At the last closing share price the estimated dividend yield is 6.85%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.89.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 26.8, implying annual growth of 12.6%.
Current consensus DPS estimate is 21.7, implying a prospective dividend yield of 6.9%.
Current consensus EPS estimate suggests the PER is 11.8.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BAP BAPCOR LIMITED
Automobiles & Components – Overnight Price: $5.17
Canaccord Genuity rates ((BAP)) as Hold (3) –
Bapcor’s 1H25 underlying net profit slightly beat Canaccord’s forecast but the bigger story was around operating cash conversion of 108%.
The broker is not too enthused as it was heavily driven by accounts payable but is cautiously optimistic about the turnaround story.
The broker expects management to continue to improve operational efficiency and lifted FY25 EPS slightly to reflect this confidence.
Canaccord Genuity also expects capex in IT to rise to facilitate the improvement which will have an impact on cashflow and D&A expense over the next few years.
Target price rises to $4.99 from $4.80, and rating retained at Hold.
This report was published on February 26, 2025.
Target price is $4.99 Current Price is $5.17 Difference: minus $0.18 (current price is over target).
If BAP meets the Canaccord Genuity target it will return approximately minus 3% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $5.57, suggesting upside of 8.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 17.00 cents and EPS of 29.00 cents.
At the last closing share price the estimated dividend yield is 3.29%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.83.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 28.0, implying annual growth of N/A.
Current consensus DPS estimate is 16.3, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 18.3.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 18.00 cents and EPS of 30.00 cents.
At the last closing share price the estimated dividend yield is 3.48%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.23.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 31.8, implying annual growth of 13.6%.
Current consensus DPS estimate is 18.0, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 16.1.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Goldman Sachs rates ((BAP)) as Neutral (3) –
Bapcor’s 1H25 net profit after tax was in line with consensus, with trade and wholesale outperforming due to cost reductions and optimisation, offset by higher group costs and continued weakness in retail, Goldman Sachs explains.
Trade earnings (EBITDA) rose 12.3% year-on-year, with margins up 165bps despite limited sales growth. Store expansion resumed, with three net new stores in 1H25 and six planned for 2H25.
Wholesale margins improved 380bps due to warehouse consolidation and divestments, though late 1H25 price reductions aim to support 2H25 volumes.
The broker notes revenue growth remains muted early in 2H25, with trade improving but wholesale facing price deflation and retail underperforming.
Cost-out guidance was raised to the upper end of -$20 to -30m for FY25. An Investor Day in late April is expected to outline longer-term restructuring plans.
Neutral rating maintained. Target price increased to $5.40 from $5.20.
This report was published on February 27, 2025.
Target price is $5.40 Current Price is $5.17 Difference: $0.23
If BAP meets the Goldman Sachs target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $5.57, suggesting upside of 8.5%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 16.00 cents and EPS of 28.00 cents.
At the last closing share price the estimated dividend yield is 3.09%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.46.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 28.0, implying annual growth of N/A.
Current consensus DPS estimate is 16.3, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 18.3.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 17.00 cents and EPS of 34.00 cents.
At the last closing share price the estimated dividend yield is 3.29%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.21.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 31.8, implying annual growth of 13.6%.
Current consensus DPS estimate is 18.0, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 16.1.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
BTR BRIGHTSTAR RESOURCES LIMITED
Gold & Silver – Overnight Price: $0.02
Canaccord Genuity rates ((BTR)) as Speculative Buy (1) –
Brightstar Resources has received regulatory approvals to start mining at Fish underground which Canaccord Genuity notes is a key de-risking event for near-term production.
The company has also demonstrated a focus on commercialisation with the divestment of the non-core Goongarrie project to Cazaly Resources ((CAZ)).
Cazaly will earn up to 80% interest by the self funding of up to $3m in exploration expenditure. Speculative Buy retained with a 6c target.
This report was published on February 27, 2025.
Target price is $0.06 Current Price is $0.02 Difference: $0.042
If BTR meets the Canaccord Genuity target it will return approximately 233% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.00 cents.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 1.80.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CNI CENTURIA CAPITAL GROUP
Diversified Financials – Overnight Price: $1.60
Moelis rates ((CNI)) as Buy (1) –
Moelis observes Centuria Capital’s 1H25 result was in line with expectations. Post-balance sheet date the REIT announced the acquisition of Logan Super Centre for -$115m.
Asset under management fell in 1H due mainly to a $1bn divestment, and the broker is assuming moderate growth into FY26. The broker highlights markets are showing signs of improvement and Logan would be well-supported.
The broker moderately increased credit growth estimates in 2H25, noting the REIT is planning to bring a listed credit fund to market in 1H26.
Target price is $1.95. Buy rating retained.
This report was published on February 27, 2025.
Target price is $1.95 Current Price is $1.60 Difference: $0.35
If CNI meets the Moelis target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $1.93, suggesting upside of 23.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 10.40 cents and EPS of 12.00 cents.
At the last closing share price the estimated dividend yield is 6.50%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.33.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.0, implying annual growth of -5.0%.
Current consensus DPS estimate is 10.3, implying a prospective dividend yield of 6.6%.
Current consensus EPS estimate suggests the PER is 13.1.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 10.80 cents and EPS of 12.70 cents.
At the last closing share price the estimated dividend yield is 6.75%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.60.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.9, implying annual growth of 7.5%.
Current consensus DPS estimate is 11.0, implying a prospective dividend yield of 7.0%.
Current consensus EPS estimate suggests the PER is 12.2.
Market Sentiment: -0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
CYL CATALYST METALS LIMITED
Gold & Silver – Overnight Price: $4.23
Canaccord Genuity rates ((CYL)) as Buy (1) –
Canaccord Genuity found the first half result from Catalyst Metals “clean” with revenue broadly in line and EBITDA slightly ahead. No dividend was declared with surplus cash to be used to fund growth and exploration.
The broker is increasingly confident in the company’s ability to deliver on its three-year outlook and increases FY26-27 production forecasts by around 4%. Target is raised to $ 5.00 from $4.25 and the rating is upgraded to Buy from Speculative Buy.
This report was published on February 27, 2025.
Target price is $5.00 Current Price is $4.23 Difference: $0.77
If CYL meets the Canaccord Genuity target it will return approximately 18% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 47.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.00.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 86.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 4.92.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
DSK DUSK GROUP LIMITED
Household & Personal Products – Overnight Price: $1.28
Canaccord Genuity rates ((DSK)) as Buy (1) –
Dusk Group has put the past two years of declining profits behind, Canaccord Genuity asserts, noting stronger first half sales momentum coupled with resilient margins and EBIT up 20%.
Options for improved operating performance outside of Christmas trading centre on continuous product launches and new category expansion.
The broker expects EPS to more than double through to FY27 as management achieves its growth strategy. Buy rating maintained. Target is unchanged at $1.60.
This report was published on February 27, 2025.
Target price is $1.60 Current Price is $1.28 Difference: $0.32
If DSK meets the Canaccord Genuity target it will return approximately 25% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 14.00 cents and EPS of 11.00 cents.
At the last closing share price the estimated dividend yield is 10.94%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.64.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 11.00 cents and EPS of 15.00 cents.
At the last closing share price the estimated dividend yield is 8.59%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.53.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
EGG ENERO GROUP LIMITED
Media – Overnight Price: $0.92
Canaccord Genuity rates ((EGG)) as Buy (1) –
Enero Group’s 1H25 group revenue and operating EBITDA fell short of Canaccord Genuity’s forecast but EBITDA and corporate costs were in line. The broker describes the overall result as in-line, encouraged by flat or improving sequential trends.
The broker expects lower corporate costs going forward as the exiting CEO and CFO are replaced by a COO for now. The broker lowered FY25 revenue forecast by -1% on the assumption of revenue tilt to the 2H, and also lowered FY26 forecast by -1%.
The broker notes the sale process for OBMedia continues with multiple parties.
Target price of $2 and Buy rating are unchanged.
This report was published on February 26, 2025.
Target price is $2.00 Current Price is $0.92 Difference: $1.08
If EGG meets the Canaccord Genuity target it will return approximately 117% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 3.95 cents and EPS of 13.20 cents.
At the last closing share price the estimated dividend yield is 4.29%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.97.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 5.35 cents and EPS of 17.80 cents.
At the last closing share price the estimated dividend yield is 5.82%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.17.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
EML EML PAYMENTS LIMITED
Business & Consumer Credit – Overnight Price: $0.99
Wilsons rates ((EML)) as Overweight (1) –
EML Payments’ 1H25 EBITDA rose 50% y/y to $33m, beating Wilsons’ forecast.
The company reiterated FY25 guidance of $54-60m which the broker believes is achievable, but cautioned it depends on the European yield curve as 79% of 1H income came from the region.
The broker raised its FY25 EBITDA forecast following the 1H beat, but remains conservative on longer-term sales growth.
Wilsons also suggested hitting the company’s FY28 goals will depend on whether the current team remains in place and the company’s performance in core markets.
Target price rises to $1.47 from $1.20. Overweight rating retained.
This report was published on February 27, 2025.
Target price is $1.47 Current Price is $0.99 Difference: $0.48
If EML meets the Wilsons target it will return approximately 48% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 7.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.56.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 8.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.22.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
EMR EMERALD RESOURCES NL
Gold & Silver – Overnight Price: $3.89
Canaccord Genuity rates ((EMR)) as Buy (1) –
Emerald Resources achieved revenue of $240m in the first half from the sale of 60,000 ounces from the Okvau gold mine in Cambodia.
Canaccord Genuity notes the first half has finished with cash and equivalent of $217m and debt outstanding is to be fully repaid in the March quarter.
No changes were made to second half guidance which means production levels remain steady at 25-30,000 ounces. Buy rating and $5.30 target unchanged.
This report was published on February 27, 2025.
Target price is $5.30 Current Price is $3.89 Difference: $1.41
If EMR meets the Canaccord Genuity target it will return approximately 36% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 19.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.47.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 26.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.96.
Market Sentiment: -1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
FLT FLIGHT CENTRE TRAVEL GROUP LIMITED
Travel, Leisure & Tourism – Overnight Price: $15.80
Canaccord Genuity rates ((FLT)) as Hold (3) –
Canaccord Genuity notes Flight Centre’s 1H25 result was weaker than expected. Guidance was another disappointment as it was maintained but the company pointed to lower to mid-point of the range.
The broker observes that would mean a 68-70% skew to the 2H.
While not without precedent, the broker reckons it might be unachievable in the current environment where travel could be impacted by economic activity and flight price deflation remains a risk.
The analyst cut the FY25 EPS forecast by -5.4% and FY26 by -6.1%. Target price, however, rises to $17.10 from $16.65 as the broker removes the discount it previously applied to the valuation.
This report was published on February 26, 2025.
Target price is $17.10 Current Price is $15.80 Difference: $1.3
If FLT meets the Canaccord Genuity target it will return approximately 8% (excluding dividends, fees and charges).
Current consensus price target is $20.86, suggesting upside of 33.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 34.60 cents and EPS of 104.90 cents.
At the last closing share price the estimated dividend yield is 2.19%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.06.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 120.6, implying annual growth of 89.3%.
Current consensus DPS estimate is 49.7, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 12.9.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 40.50 cents and EPS of 123.60 cents.
At the last closing share price the estimated dividend yield is 2.56%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.78.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 140.3, implying annual growth of 16.3%.
Current consensus DPS estimate is 62.2, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 11.1.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Goldman Sachs rates ((FLT)) as Neutral (3) –
Flight Centre Travel’s 1H25 results were below expectations, with total transaction value up 3%, revenue up 3%, and underlying profit before tax up 12% year-on-year, Goldman Sachs observes.
Corporate cost savings and SME customer improvements were positive, but leisure revenue margins were lower than expected.
Management retained FY25 profit before tax guidance of but indicated performance is tracking towards the lower-to-mid end. Corporate efficiency initiatives aim to improve total transaction value per full-time employee by 15-20% in FY26, the broker notes.
Goldman Sachs highlights leisure revenue margin was impacted by lower airfares and outstanding payments from Regional Express ((REX)), though higher pricing and increased competition are expected to support recovery.
Neutral rating and target Price target at $17.50 unchanged.
This report was published on February 27, 2025.
Target price is $17.50 Current Price is $15.80 Difference: $1.7
If FLT meets the Goldman Sachs target it will return approximately 11% (excluding dividends, fees and charges).
Current consensus price target is $20.86, suggesting upside of 33.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 EPS of 117.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.50.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 120.6, implying annual growth of 89.3%.
Current consensus DPS estimate is 49.7, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 12.9.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 EPS of 135.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.70.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 140.3, implying annual growth of 16.3%.
Current consensus DPS estimate is 62.2, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 11.1.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((FLT)) as Buy (1) –
Flight Centre Travel has an improved outlook, Jarden assesses, given second half trends. The first half missed estimates slightly but this was because of one-off items.
The broker recalibrates its estimates and is now positioned at the bottom of guidance –pre-tax profit of $365-405m– not expecting margins will reach 2% until FY30.
Jarden envisages the risk/reward as increasingly skewed to the upside and there is scope for capital management. Buy rating reiterated. Target is reduced to $22.50 from $23.10.
This report was published on February 27, 2025.
Target price is $22.50 Current Price is $15.80 Difference: $6.7
If FLT meets the Jarden target it will return approximately 42% (excluding dividends, fees and charges).
Current consensus price target is $20.86, suggesting upside of 33.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 60.00 cents and EPS of 120.40 cents.
At the last closing share price the estimated dividend yield is 3.80%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.12.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 120.6, implying annual growth of 89.3%.
Current consensus DPS estimate is 49.7, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 12.9.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 77.00 cents and EPS of 143.70 cents.
At the last closing share price the estimated dividend yield is 4.87%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 140.3, implying annual growth of 16.3%.
Current consensus DPS estimate is 62.2, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 11.1.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((FLT)) as Overweight (1) –
Flight Centre’s 1H25 result missed Wilsons’ forecast on both EBITDA and profit before tax.
However, the broker highlights 2H started on a strong footing with the Australian business achieving a record total transaction value (TTV) in January and the global leisure business seeing a record post-covid TTV.
The company is tracking on the low to mid end of its FY25 $365-405m profit before tax guidance and the broker has revised down its forecast by -1% after already being at the low end.
Target price drops to $21.40 from $22.29. Overweight rating maintained.
This report was published on February 27, 2025.
Target price is $21.40 Current Price is $15.80 Difference: $5.6
If FLT meets the Wilsons target it will return approximately 35% (excluding dividends, fees and charges).
Current consensus price target is $20.86, suggesting upside of 33.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 30.30 cents and EPS of 113.10 cents.
At the last closing share price the estimated dividend yield is 1.92%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.97.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 120.6, implying annual growth of 89.3%.
Current consensus DPS estimate is 49.7, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 12.9.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 33.40 cents and EPS of 133.50 cents.
At the last closing share price the estimated dividend yield is 2.11%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 11.84.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 140.3, implying annual growth of 16.3%.
Current consensus DPS estimate is 62.2, implying a prospective dividend yield of 4.0%.
Current consensus EPS estimate suggests the PER is 11.1.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
HLO HELLOWORLD TRAVEL LIMITED
Travel, Leisure & Tourism – Overnight Price: $1.71
Jarden rates ((HLO)) as Overweight (2) –
Helloworld Travel posted a soft first half and missed Jarden’s EBIT estimates by -31%.
TTV was adversely affected by mix and airfare deflation and while there was some improvement in the second quarter, the broker envisages further risk into 2025 with market share loss also evident.
While guidance is for underlying EBITDA of $56-62m the broker is more cautious and expects around $54.3m. FY25-27 forecasts for EPS are reduced by -32-41%. Overweight maintained. Target falls to $2.60 from $3.10.
This report was published on February 26, 2025.
Target price is $2.60 Current Price is $1.71 Difference: $0.895
If HLO meets the Jarden target it will return approximately 52% (excluding dividends, fees and charges).
Current consensus price target is $2.30, suggesting upside of 35.1%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 EPS of 15.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.79.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 17.8, implying annual growth of -7.2%.
Current consensus DPS estimate is 14.3, implying a prospective dividend yield of 8.4%.
Current consensus EPS estimate suggests the PER is 9.6.
Forecast for FY26:
Jarden forecasts a full year FY26 EPS of 16.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.59.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 19.0, implying annual growth of 6.7%.
Current consensus DPS estimate is 11.5, implying a prospective dividend yield of 6.8%.
Current consensus EPS estimate suggests the PER is 8.9.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
IDX INTEGRAL DIAGNOSTICS LIMITED
Medical Equipment & Devices – Overnight Price: $2.15
Canaccord Genuity rates ((IDX)) as Upgrade to Buy from Hold (1) –
In its first results since acquiring Capitol Health, Integral Diagnostics posted an operating EBITDA margin that missed estimates.
Canaccord Genuity believes the resulting sell-off was unwarranted, particularly as there is a path to margin improvement on the acquisition.
There is also the prospect of -$10m in synergies most of which will be recognised in the first year, with the potential for longer term synergies not taken into account.
The broker raises its target to $2.90 from $2.50 and upgrades to Buy from Hold.
This report was published on February 27, 2025.
Target price is $2.90 Current Price is $2.15 Difference: $0.75
If IDX meets the Canaccord Genuity target it will return approximately 35% (excluding dividends, fees and charges).
Current consensus price target is $3.12, suggesting upside of 45.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 5.90 cents and EPS of 8.40 cents.
At the last closing share price the estimated dividend yield is 2.74%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 25.60.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 8.5, implying annual growth of N/A.
Current consensus DPS estimate is 6.2, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 25.3.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 9.40 cents and EPS of 13.50 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 15.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 13.0, implying annual growth of 52.9%.
Current consensus DPS estimate is 8.8, implying a prospective dividend yield of 4.1%.
Current consensus EPS estimate suggests the PER is 16.5.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((IDX)) as Buy (1) –
First half EBITDA margin from Integral Diagnostics substantially missed forecasts as wage costs grew and dwarfed any operating leverage.
While disappointed, Jarden asserts its Buy rating is not achieved via this company on a stand-alone basis.
The broker suggests the sell-off in the stock ignores the prospects of several earnings drivers, including partial MRI licence deregulation from July 1, the national lung screening program and the acquisition of Capitol Health. Target is reduced to $3.51 from $3.68.
This report was published on February 27, 2025.
Target price is $3.51 Current Price is $2.15 Difference: $1.36
If IDX meets the Jarden target it will return approximately 63% (excluding dividends, fees and charges).
Current consensus price target is $3.12, suggesting upside of 45.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 5.20 cents and EPS of 10.20 cents.
At the last closing share price the estimated dividend yield is 2.42%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.08.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 8.5, implying annual growth of N/A.
Current consensus DPS estimate is 6.2, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 25.3.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 7.20 cents and EPS of 15.80 cents.
At the last closing share price the estimated dividend yield is 3.35%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.61.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 13.0, implying annual growth of 52.9%.
Current consensus DPS estimate is 8.8, implying a prospective dividend yield of 4.1%.
Current consensus EPS estimate suggests the PER is 16.5.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((IDX)) as Overweight (1) –
Integral Diagnostics’s 1H25 result disappointed Wilsons with revenue missing forecasts and operating margins of 9.6% falling short by -86bps mainly due to higher costs, including from clinical staff shortages.
Still, the broker remains optimistic ahead of the integration with Capitol Health and continues to value the merged entity at 10x EV/EBITDA.
The broker made modest changes to standalone revenue and operating margins and also moderated Capitol Health margins to capture slower benefit of synergies.
Target price is $2.75. Overweight rating stays.
This report was published on February 27, 2025.
Target price is $2.75 Current Price is $2.15 Difference: $0.6
If IDX meets the Wilsons target it will return approximately 28% (excluding dividends, fees and charges).
Current consensus price target is $3.12, suggesting upside of 45.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 6.00 cents and EPS of 7.30 cents.
At the last closing share price the estimated dividend yield is 2.79%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 29.45.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 8.5, implying annual growth of N/A.
Current consensus DPS estimate is 6.2, implying a prospective dividend yield of 2.9%.
Current consensus EPS estimate suggests the PER is 25.3.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 8.00 cents and EPS of 11.20 cents.
At the last closing share price the estimated dividend yield is 3.72%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.20.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 13.0, implying annual growth of 52.9%.
Current consensus DPS estimate is 8.8, implying a prospective dividend yield of 4.1%.
Current consensus EPS estimate suggests the PER is 16.5.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
IMB INTELLIGENT MONITORING GROUP LIMITED
Overnight Price: $0.52
Moelis rates ((IMB)) as Buy (1) –
No material surprises from Intelligent Monitoring Group’s 1H25 result, with EBITDA of $17.5m appearing on track with the company’s reaffirmed FY25 guidance of over $38m. Including acquisitions, the company has guided to over $40m EBITDA.
The broker notes ADT Commercial’s revenue improved materially and there’s significant opportunity in the new video guarding product.
The broker expects the new debt package, effective in March, to reduce the effective interest rate to 7% from 15% and drive underlying profit.
The new debt package could also help facilitate further M&A, the broker believes. Target price of 91c and Buy rating are unchanged.
This report was published on February 28, 2025.
Target price is $0.91 Current Price is $0.52 Difference: $0.39
If IMB meets the Moelis target it will return approximately 75% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 0.00 cents and EPS of 1.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 28.89.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 5.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.45.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
INR IONEER LIMITED
New Battery Elements – Overnight Price: $0.14
Wilsons rates ((INR)) as Underweight (5) –
Wilsons’ notes Sibanye Stillwater ((SSW)) has backed out of its conditional commitment in 2021 for a 50% interest in Ioneer’s Rhyolite Ridge project for US$490m, citing it doesn’t meet investment hurdle rates.
The broker believes it won’t affect Ioneer’s ability to draw down on the recently upsized Department of Energy loan but acknowledges the news creates uncertainty on the funding path.
The analyst expects shares to struggle until there is more clarity. Target price of 10c and Underweight rating retained.
This report was published on February 27, 2025.
Target price is $0.10 Current Price is $0.14 Difference: minus $0.045 (current price is over target).
If INR meets the Wilsons target it will return approximately minus 31% (excluding dividends, fees and charges – negative figures indicate an expected loss).
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 0.46 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 31.59.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.31 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 47.39.
This company reports in USD. 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
LNW LIGHT & WONDER INC
Gaming – Overnight Price: $178.13
Canaccord Genuity rates ((LNW)) as Buy (1) –
Light & Wonder beat expectations in its 2024 results with Canaccord Genuity noting double-digit growth is once again set to occur in the first quarter of 2025.
Free cash flow continues to be a bit of an issue and the broker hopes some of the gap will be bridged throughout 2025, important because the Grover acquisition has probably pushed leverage to around 3.2-3.3x.
Buy rating and $201 target maintained.
This report was published on February 27, 2025.
Target price is $201.00 Current Price is $178.13 Difference: $22.87
If LNW meets the Canaccord Genuity target it will return approximately 13% (excluding dividends, fees and charges).
Current consensus price target is $201.33, suggesting upside of 16.4%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 782.64 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 22.76.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 606.8, implying annual growth of 6.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 28.5.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 1004.28 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.74.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 744.3, implying annual growth of 22.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 23.2.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Goldman Sachs rates ((LNW)) as Buy (1) –
Goldman Sachs notes Light & Wonder’s 2024 revenue rose 10%, and adjusted net profit after tax lifted up 24% year-on-year, in line with the broker’s expectations.
The analyst points to strong 4Q 2024 Gaming Ops net installs, with momentum expected to continue in 2025. North American fee per day trends are improving, and outright sales grew 25% in 4Q, driven by replacement units and new casino openings.
The broker believes margin expansion opportunities remain, particularly in SciPlay and iGaming.
Weakness in international shipments and a decline in SciPlay revenue due to lower daily active users were noted by Goldman Sachs as negatives.
Target price rises 7% to $184.60. Buy rating retained.
This report was published on February 27, 2025.
Target price is $184.60 Current Price is $178.13 Difference: $6.47
If LNW meets the Goldman Sachs target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $201.33, suggesting upside of 16.4%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of 1059.31 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.82.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 606.8, implying annual growth of 6.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 28.5.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 1201.47 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.83.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 744.3, implying annual growth of 22.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 23.2.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((LNW)) as Buy (1) –
Light & Wonder achieved a “slightly better” fourth quarter result and reiterated 2025 targets amid positive first quarter momentum, Jarden observes.
The broker was impressed by a strong North American gaming operation which bodes well for earnings momentum and a richer margin mix, anticipating modest market earnings upgrades, and retaining a Buy rating.
Target rises to $200 from $196.
This report was published on February 26, 2025.
Target price is $200.00 Current Price is $178.13 Difference: $21.87
If LNW meets the Jarden target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $201.33, suggesting upside of 16.4%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of 935.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.04.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 606.8, implying annual growth of 6.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 28.5.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of 1083.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.45.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 744.3, implying annual growth of 22.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 23.2.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
LYC LYNAS RARE EARTHS LIMITED
Rare Earth Minerals – Overnight Price: $7.07
Canaccord Genuity rates ((LYC)) as Buy (1) –
Lynas Rare Earths’ 1H25 result missed Canaccord Genuity’s forecasts with unadjusted EBITDA of $38m falling short of the $68m forecast.
The broker notes the result is backward-looking and has no impact on its investment case. The broker revised its NdPr pricing assumptions lower by an average -17% but this is offset by a 13% increase in production estimates.
Forecast FY25 EBITDA is lowered along with a significant downward revision in EPS forecast. Target price of $7.5 and Buy rating are retained.
This report was published on February 26, 2025.
Target price is $7.50 Current Price is $7.07 Difference: $0.43
If LYC meets the Canaccord Genuity target it will return approximately 6% (excluding dividends, fees and charges).
Current consensus price target is $6.88, suggesting downside of -2.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 353.50.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 7.1, implying annual growth of -21.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 99.3.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 16.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 44.19.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 57.3, implying annual growth of 707.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 12.3.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Goldman Sachs rates ((LYC)) as Neutral (3) –
Lynas Rare Earth’s 1H25 earnings significantly fell short of Goldman Sachs’ estimates due to negative FX impacts, lower-value inventory, and provision movements.
Capex for the period was -$270m, primarily spent in Australia, with 2H25 capex expected to be lower, positioning full-year capex at the lower end of guidance.
The analyst notes Kalgoorlie Cracking & Leaching facility ramp-up is slow but aligned with Mt Weld expansion, expected to be fully operational by FY26.
The Mt Weld Stage 2 expansion is progressing well, the broker notes, with hot commissioning on track for the end of FY25.
Management continues to align production with NdPr demand, which is growing at a slower-than-expected pace. The US refinery project faces further delays, with construction now expected to start in late 2025 and first production in 1H 2028.
Goldman Sachs lowers FY25/26/27 earnings forecasts by -17% and -5%. Target price falls by -5% to $7.00. Neutral rating retained.
This report was published on February 27, 2025.
Target price is $7.00 Current Price is $7.07 Difference: minus $0.07 (current price is over target).
If LYC meets the Goldman Sachs target it will return approximately minus 1% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $6.88, suggesting downside of -2.4%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of 9.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 78.56.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 7.1, implying annual growth of -21.5%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 99.3.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 36.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.64.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 57.3, implying annual growth of 707.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 12.3.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MAQ MACQUARIE TECHNOLOGY GROUP LIMITED
Telecommunication – Overnight Price: $68.00
Canaccord Genuity rates ((MAQ)) as Buy (1) –
Macquarie Technology delivered first half EBITDA that was consistent with AGM commentary for a flat result, Canaccord Genuity notes.
While cost pressures affected cloud services and government segments, both are expected to ease as FY26 nears.
The broker notes construction of IC 32 Super West is ramping up with -$39m in capital expenditure in the first half and a big uplift guided for the second. Phase I is expected to be finished by the end of the third quarter in 2026. Buy. Target is $116.
This report was published on February 27, 2025.
Target price is $116.00 Current Price is $68.00 Difference: $48
If MAQ meets the Canaccord Genuity target it will return approximately 71% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 150.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 45.33.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 123.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 55.28.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Goldman Sachs rates ((MAQ)) as Neutral (3) –
Macquarie Technology reported 1H25 revenue up 1%, earnings (EBITDA) up 6%, and net profit after tax up 21% year-on-year. EBITDA was 4% above Goldman Sachs’ forecast, while net profit after tax was -2% below.
The analyst notes strong cash flow conversion, though net debt/EBITDA increased. Telecom revenue is expected to decline in FY25, but margins are projected to stabilise in 2H25.
Capex guidance increased due to higher maintenance costs, while the IC3 data centre budget was revised higher.
Goldman Sachs maintains a Neutral rating, citing fair valuation and execution risks on data centre expansion. Price target remains at $84.90.
This report was published on February 27, 2025.
Target price is $84.90 Current Price is $68.00 Difference: $16.9
If MAQ meets the Goldman Sachs target it will return approximately 25% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 0.00 cents and EPS of 140.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 48.57.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 133.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 51.13.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((MAQ)) as Overweight (1) –
Wilsons notes Macquarie Technology’s 1H25 result was in line with forecasts and consensus, and FY25 EBITDA guidance was also in line. The key focus is on IC3 Super West data centre with phase 1 expected to open in 3Q of calendar 2026.
The broker notes the company has $541m readily available funding for construction, and the next catalyst will be securing land for the next asset. The broker will also look for further updates on construction milestones and demand for IC3.
FY27 EBITDA forecast has been upgraded to incorporate IC3 contribution. Target price cut to $89.75 from $97.27 as the broker reduced EV/EBITDA multiple to 19x from 21.5x due to softer demand from the cloud and government segments.
Overweight.
This report was published on February 27, 2025.
Target price is $89.75 Current Price is $68.00 Difference: $21.75
If MAQ meets the Wilsons target it will return approximately 32% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 143.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 47.39.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 122.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 55.65.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MDR MEDADVISOR LIMITED
Healthcare services – Overnight Price: $0.15
Moelis rates ((MDR)) as Hold (3) –
Moelis notes MedAdvisor’s 1H25 EBITDA came in at $4.8m but the company didn’t reaffirm prior guidance for positive EBITDA in 2H or FY25, and also didn’t reiterate its outlook for y/y uplift in US revenue in 2H.
management pointed to the US pipeline which represents 160% of the revenue required to achieve the 2H forecast, but the broker is cautious, given previous conversions have been slower than expected.
The broker believes the company will need to grow its program and expand into new areas to maintain US profits.
Moelis lowered 2H revenue and also cut opex costs as a result of the January restructure. Target price drops to 19c from 21c, and Hold rating stays.
This report was published on March 1, 2025.
Target price is $0.19 Current Price is $0.15 Difference: $0.04
If MDR meets the Moelis target it will return approximately 27% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.00 cents.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 0.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.75.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
MYX MAYNE PHARMA GROUP LIMITED
Pharmaceuticals & Biotech/Lifesciences – Overnight Price: $7.23
Canaccord Genuity rates ((MYX)) as Hold (3) –
Canaccord Pharma notes Mayne Pharma’s 1H25 result was strong and in line with the company’s trading update. The main beat came from the women’s health segment and strong margin performance in dermatology products.
The key focus now is on the bid from Cosette pharma which the broker expects to go through.
Target price of $7.4 (matching the bid price) and Hold rating are unchanged.
This report was published on February 26, 2025.
Target price is $7.40 Current Price is $7.23 Difference: $0.17
If MYX meets the Canaccord Genuity target it will return approximately 2% (excluding dividends, fees and charges).
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((MYX)) as Downgrade to Market Weight from Overweight (3) –
Wilsons lifts Mayne Pharma’s target price to $7.40 from $5.95 to align with Cosette Pharma’s bid price. Rating is lowered to Market Weight from Overweight.
The broker notes Mayne’s 1H25 result was pre-flagged but the composition was better than expected. The broker was surprised with how effective the channel strategy worked for the Dermatology business
The broker raised FY25 revenue and EBIDTA estimates following the 7% beat in the 1H. The analyst sees the Cosette bid as a fair price for the company.
This report was published on February 27, 2025.
Target price is $7.40 Current Price is $7.23 Difference: $0.17
If MYX meets the Wilsons target it will return approximately 2% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 7.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 92.69.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 3.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 219.09.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
NDO NIDO EDUCATION LIMITED
Childcare – Overnight Price: $0.89
Canaccord Genuity rates ((NDO)) as Buy (1) –
Canaccord Genuity expects momentum to build for Nido Education during 2025 as occupancy increases and more childcare centres are required.
The broker believes the business has the balance sheet and management team that can execute on the incubator/acquisition strategy, assessing the current share price multiples as undemanding.
The company reported 2024 EBITDA of $22m, slightly below estimates. February enrolments were subdued and that suggests occupancy growth in the short term could be limited.
Canaccord Genuity expects the federal election and the interest-rate cutting cycle as well as a return to the office workspace will all gradually support demand for childcare services in 2025. Buy rating. Target is reduced to $1.09 from $1.12.
This report was published on February 27, 2025.
Target price is $1.09 Current Price is $0.89 Difference: $0.2
If NDO meets the Canaccord Genuity target it will return approximately 22% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 4.50 cents and EPS of 6.50 cents.
At the last closing share price the estimated dividend yield is 5.06%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.69.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 5.20 cents and EPS of 7.40 cents.
At the last closing share price the estimated dividend yield is 5.84%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.03.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Moelis rates ((NDO)) as Buy (1) –
Nido Education’s FY24 revenue met Moelis’ forecast but EBITDA missed by -5%. The broker notes the business continues to be impacted by cost-of-living pressures and lower occupancy levels.
The company cut staff discount rates which impacted revenue but helped in the 8% increase in average daily fees. The broker notes the company continues to ramp up the incubator program with 31 services currently open, which could help offset the industry softness.
The broker lowered FY25-27 EPS estimates on softer occupancy estimates for FY25, daily fee assumptions and incubator acquisition adjustments. Target price is $1.21 and rating retained at Buy.
This report was published on February 27, 2025.
Target price is $1.21 Current Price is $0.89 Difference: $0.32
If NDO meets the Moelis target it will return approximately 36% (excluding dividends, fees and charges).
The company’s fiscal year ends in December.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 5.50 cents and EPS of 8.30 cents.
At the last closing share price the estimated dividend yield is 6.18%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.72.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 7.30 cents and EPS of 11.10 cents.
At the last closing share price the estimated dividend yield is 8.20%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.02.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
NSR NATIONAL STORAGE REIT
REITs – Overnight Price: $2.14
Jarden rates ((NSR)) as Overweight (2) –
National Storage REIT has an appealing asset class in its development strategy and Jarden believes medium-term earnings growth will be supported by an expansion of the development pipeline rather than simply increasing revenue through the stabilised portfolio.
After underperforming over the past 6-12 months and trading at a -13% discount to NTA, the broker believes the shares continue to offer an attractive risk/reward profile. Overweight maintained. Target is $2.75.
This report was published on February 26, 2025.
Target price is $2.75 Current Price is $2.14 Difference: $0.61
If NSR meets the Jarden target it will return approximately 29% (excluding dividends, fees and charges).
Current consensus price target is $2.52, suggesting upside of 18.7%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 11.20 cents and EPS of 11.00 cents.
At the last closing share price the estimated dividend yield is 5.23%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.45.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 11.9, implying annual growth of -29.6%.
Current consensus DPS estimate is 11.2, implying a prospective dividend yield of 5.3%.
Current consensus EPS estimate suggests the PER is 17.8.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 11.90 cents and EPS of 11.80 cents.
At the last closing share price the estimated dividend yield is 5.56%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.14.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.4, implying annual growth of 4.2%.
Current consensus DPS estimate is 11.9, implying a prospective dividend yield of 5.6%.
Current consensus EPS estimate suggests the PER is 17.1.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
OCL OBJECTIVE CORPORATION LIMITED
IT & Support – Overnight Price: $15.49
Moelis rates ((OCL)) as Buy (1) –
Moelis’ conclusion is Objective Corp’s 1H25 result was in line overall, with some hits and misses within. The key negative was annual recurring revenue (ARR) of $107m at the end of 1H which was only $2m higher than end-FY24.
Management retained guidance of 15% ARR growth in FY25 which translates to $120m and is ambitious, according to the broker.
The broker expects 2H revenue growth to outpace cost growth which results in a rise in FY25 EBITDA estimate as R&D expense is revised lower for 2H.
Target price is $17.71 and rating maintained at Buy.
This report was published on February 27, 2025.
Target price is $17.71 Current Price is $15.49 Difference: $2.22
If OCL meets the Moelis target it will return approximately 14% (excluding dividends, fees and charges).
Current consensus price target is $16.08, suggesting upside of 8.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 34.90 cents and EPS of 51.90 cents.
At the last closing share price the estimated dividend yield is 2.25%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 29.85.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 36.0, implying annual growth of 9.4%.
Current consensus DPS estimate is 18.8, implying a prospective dividend yield of 1.3%.
Current consensus EPS estimate suggests the PER is 41.3.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 38.20 cents and EPS of 58.80 cents.
At the last closing share price the estimated dividend yield is 2.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 26.34.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 38.9, implying annual growth of 8.1%.
Current consensus DPS estimate is 20.0, implying a prospective dividend yield of 1.3%.
Current consensus EPS estimate suggests the PER is 38.2.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PDN PALADIN ENERGY LIMITED
Uranium – Overnight Price: $6.75
Canaccord Genuity rates ((PDN)) as Buy (1) –
Paladin Energy delivered first half results that were “largely benign”, Canaccord Genuity asserts, as the majority of items were disclosed in the December quarter.
FY25 guidance has been maintained and the company has emphasised the potential to bring forward the mining of fresh ore. Net profit slightly missed the broker’s estimates, attributed to the expensing of previously mined stockpiles.
Buy rating reiterated. Target edges down to $14.80 from $14.90.
This report was published on February 27, 2025.
Target price is $14.80 Current Price is $6.75 Difference: $8.05
If PDN meets the Canaccord Genuity target it will return approximately 119% (excluding dividends, fees and charges).
Current consensus price target is $11.48, suggesting upside of 72.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 6.01 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 112.37.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 4.7, 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 141.9.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 42.77 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.78.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 59.4, implying annual growth of 1163.8%.
Current consensus DPS estimate is 13.4, implying a prospective dividend yield of 2.0%.
Current consensus EPS estimate suggests the PER is 11.2.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PPS PRAEMIUM LIMITED
Wealth Management & Investments – Overnight Price: $0.71
Canaccord Genuity rates ((PPS)) as Buy (1) –
Canaccord Genuity notes Praemium’s 1H25 result was solid and the company is heading into 2H with significant earnings momentum.
The broker highlights platform revenues benefitted from improving margins from repricing. Portfolio services saw an addition of seven new clients in 1H, taking the total to 12 and is set to benefit from an average price increase of 10% from January 1.
The broker made modest changes to forecasts at the EBITDA and net profit line. Target price of $1.05 and Buy rating are maintained.
This report was published on February 26, 2025.
Target price is $1.05 Current Price is $0.71 Difference: $0.34
If PPS meets the Canaccord Genuity target it will return approximately 48% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 1.50 cents and EPS of 4.00 cents.
At the last closing share price the estimated dividend yield is 2.11%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.75.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 2.00 cents and EPS of 5.00 cents.
At the last closing share price the estimated dividend yield is 2.82%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.20.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
PTM PLATINUM ASSET MANAGEMENT LIMITED
Wealth Management & Investments – Overnight Price: $0.57
Goldman Sachs rates ((PTM)) as Sell (5) –
Platinum Investment Management’s 1H25 net profit after tax came in ahead of estimates, with revenue in line. Expenses declined -18% year-on-year due to headcount reductions and product rationalisation, Goldman Sachs explains.
The analyst notes fund outflows remain a challenge, with retail now making up 83% of total FUM. Management fee margins improved due to a shift away from low-margin institutional mandates. No performance fees were recorded for the period.
Cost savings remain a focus, with -$15m targeted for FY25 and -$5m for FY26, bringing the total reduction to -$25m. The broker highlights capital is being allocated to fund new product launches, limiting further capital management.
Price target reduced to $0.65. Sell rating retained.
This report was published on February 27, 2025.
Target price is $0.65 Current Price is $0.57 Difference: $0.08
If PTM meets the Goldman Sachs target it will return approximately 14% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 26.00 cents and EPS of 8.00 cents.
At the last closing share price the estimated dividend yield is 45.61%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.12.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 6.00 cents and EPS of 6.00 cents.
At the last closing share price the estimated dividend yield is 10.53%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.50.
Market Sentiment: -0.5
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
RDY READYTECH HOLDINGS LIMITED
Software & Services – Overnight Price: $2.75
Jarden rates ((RDY)) as Downgrade to Neutral from Overweight (3) –
ReadyTech Holdings delivered underlying EBITDA of $18.2m in the first half, missing Jarden’s estimates. Local government revenue was disappointing as product delays slowed down customer transition.
The broker continues to envisage the company having an opportunity to take share in enterprise although the deals are “lumpy”.
More evidence of an acceleration in revenue is required before the broker becomes positive, although there is potential to re-rate if the significant pipeline can be executed.
Rating is downgraded to Neutral from Overweight. Target is lowered to $3.05 from $3.54.
This report was published on February 26, 2025.
Target price is $3.05 Current Price is $2.75 Difference: $0.3
If RDY meets the Jarden target it will return approximately 11% (excluding dividends, fees and charges).
Current consensus price target is $3.71, suggesting upside of 35.0%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 EPS of 16.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.08.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 4.5, implying annual growth of -3.4%.
Current consensus DPS estimate is 0.4, implying a prospective dividend yield of 0.1%.
Current consensus EPS estimate suggests the PER is 61.1.
Forecast for FY26:
Jarden forecasts a full year FY26 EPS of 17.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.90.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.1, implying annual growth of 168.9%.
Current consensus DPS estimate is 0.8, implying a prospective dividend yield of 0.3%.
Current consensus EPS estimate suggests the PER is 22.7.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((RDY)) as Overweight (1) –
Wilsons notes ReadyTech’s 1H25 result missed expectations on lower revenue across both education and local government segments.
The company lowered FY25 revenue growth and EBITDA margin guidance, and cut the FY27 revenue target reflecting slower revenue and deal deferrals.
The broker notes the company’s balance sheet is in an attractive position, and sees potential for a dividend announcement at FY25 result based on cash EBITDA and free cash flow forecasts.
Target price is cut to $3.43 from $3.90. Overweight maintained on the expectation of revenue improvement in the near term based on several deals being at an advanced stage.
This report was published on February 27, 2025.
Target price is $3.43 Current Price is $2.75 Difference: $0.68
If RDY meets the Wilsons target it will return approximately 25% (excluding dividends, fees and charges).
Current consensus price target is $3.71, suggesting upside of 35.0%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 14.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.64.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 4.5, implying annual growth of -3.4%.
Current consensus DPS estimate is 0.4, implying a prospective dividend yield of 0.1%.
Current consensus EPS estimate suggests the PER is 61.1.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 17.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.08.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.1, implying annual growth of 168.9%.
Current consensus DPS estimate is 0.8, implying a prospective dividend yield of 0.3%.
Current consensus EPS estimate suggests the PER is 22.7.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
REG REGIS HEALTHCARE LIMITED
Aged Care & Seniors – Overnight Price: $6.59
Jarden rates ((REG)) as Overweight (2) –
Regis Healthcare delivered a better-than-expected topline in its first half, which Jarden notes is underpinned by an increase in occupancy.
Spot occupancy now sits at 96% and this is expected to improve further as Camberwell appears to be recruiting residents faster than previously anticipated.
The broker is further convinced the company will increasingly allocate capital to greenfield, brownfield and M&A to take advantage of the attractive funding environment and deliver an increase in the number of premium aged care beds.
So far Regis Healthcare has announced five greenfield sites, representing 562 beds. Overweight rating maintained. Target is raised to $7.56 from $7.10.
This report was published on February 25, 2025.
Target price is $7.56 Current Price is $6.59 Difference: $0.97
If REG meets the Jarden target it will return approximately 15% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 13.70 cents and EPS of 17.70 cents.
At the last closing share price the estimated dividend yield is 2.08%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 37.23.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 16.80 cents and EPS of 23.80 cents.
At the last closing share price the estimated dividend yield is 2.55%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 27.69.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
RMC RESIMAC GROUP LIMITED
Banks – Overnight Price: $0.95
Jarden rates ((RMC)) as Neutral (3) –
Resimac Group’s 1H25 headline profit showed a -10% year-on-year decline, primarily driven by higher-than-expected loan losses, with the BDD charge worsening by -$9m compared to the prior half, observes Jarden.
Despite the profit miss, much of the increase in loan losses was attributed to increased coverage levels and methodology changes rather than deteriorating credit quality, highlight the analysts.
The broker highlights solid core earnings growth of $6m half-on-half, while net book growth in mortgages was modest, with a 1% increase to $13.0bn.
While the net interest margin (NIM) fell by -5bps to 1.48%, management expects funding cost tailwinds in the second half.
Jarden lowers its FY25-27 EPS forecasts by -24%, -8%, and -5%, respectively, reflecting the higher loan loss provisions and margin pressures, partially offset by the Westpac ((WBC)) asset finance book consolidation.
Neutral maintained. Target decreased to 95c from 98c.
This report was published on February 26, 2025.
Target price is $0.95 Current Price is $0.95 Difference: minus $0.005 (current price is over target).
If RMC meets the Jarden target it will return approximately minus 1% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $1.03, suggesting upside of 12.3%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 7.00 cents and EPS of 9.00 cents.
At the last closing share price the estimated dividend yield is 7.33%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 10.61.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 8.7, implying annual growth of 0.5%.
Current consensus DPS estimate is 7.0, implying a prospective dividend yield of 7.6%.
Current consensus EPS estimate suggests the PER is 10.6.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 8.00 cents and EPS of 14.00 cents.
At the last closing share price the estimated dividend yield is 8.38%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 6.82.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 12.9, implying annual growth of 48.3%.
Current consensus DPS estimate is 7.0, implying a prospective dividend yield of 7.6%.
Current consensus EPS estimate suggests the PER is 7.1.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SCG SCENTRE GROUP
REITs – Overnight Price: $3.38
Jarden rates ((SCG)) as Overweight (2) –
Jarden believes expectations for Scentre Group’s FY24 result and FY guidance were a bit too optimistic as the result revealed operating cost inflation partially offset the strong leasing momentum.
Also, the tailwind from the Hybrid refinancing is taking longer than expected.
The broker expects rising operating expenses to continue in FY25 and net income growth of 3-4% is considered realistic for the next few years.
The broker notes weighted average cost of capital (WACD) is a full 100bps above the marginal cost of debt, and has updated forecasts to reflect higher WACD plus higher operating expenses.
Target price is $3.95 and rating is Overweight.
This report was published on February 26, 2025.
Target price is $3.95 Current Price is $3.38 Difference: $0.57
If SCG meets the Jarden target it will return approximately 17% (excluding dividends, fees and charges).
Current consensus price target is $3.79, suggesting upside of 11.1%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 18.00 cents and EPS of 22.80 cents.
At the last closing share price the estimated dividend yield is 5.33%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.82.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 22.5, implying annual growth of 11.2%.
Current consensus DPS estimate is 17.7, implying a prospective dividend yield of 5.2%.
Current consensus EPS estimate suggests the PER is 15.2.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 18.90 cents and EPS of 24.00 cents.
At the last closing share price the estimated dividend yield is 5.59%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.08.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 23.7, implying annual growth of 5.3%.
Current consensus DPS estimate is 18.4, implying a prospective dividend yield of 5.4%.
Current consensus EPS estimate suggests the PER is 14.4.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SDF STEADFAST GROUP LIMITED
Insurance – Overnight Price: $5.43
Jarden rates ((SDF)) as Overweight (2) –
Steadfast Group’s 1H25 result showed a sharper-than-expected decline in premium rates which, together with the company’s mid-single digit premium rate guidance for 2H, prompted Jarden to lower forecasts by -3%. The company reiterated FY25 forecast
The broker believes the 1H result was broadly in line but a -90bps decline in broking margins led to a -30bps downward revision in FY25 forecast. Forecast for agency margin was left broadly flat at 48.8% and the broker sees a stronger trajectory as regulatory spend moderates into FY26.
Target price is $6.60. Overweight rating as the broker notes the stock is trading at a 16% discount to its historical levels.
This report was published on February 26, 2025.
Target price is $6.60 Current Price is $5.43 Difference: $1.17
If SDF meets the Jarden target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $6.83, suggesting upside of 26.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 21.30 cents and EPS of 31.20 cents.
At the last closing share price the estimated dividend yield is 3.92%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.40.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 29.4, implying annual growth of 38.7%.
Current consensus DPS estimate is 20.0, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 18.3.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 22.30 cents and EPS of 31.90 cents.
At the last closing share price the estimated dividend yield is 4.11%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 17.02.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 32.1, implying annual growth of 9.2%.
Current consensus DPS estimate is 21.0, implying a prospective dividend yield of 3.9%.
Current consensus EPS estimate suggests the PER is 16.8.
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: $4.87
Goldman Sachs rates ((SDR)) as Neutral (3) –
SiteMinder’s 1H25 underlying sales, gross profit, and earnings (EBITDA) rose 14%, 12%, respectively but were below Goldman Sachs’ estimates by -6%, -5%, and -4%.
The analyst notes transaction annual recurring revenue grew 37% year-on-year, with Smart Platform monetisation expected to drive revenue growth in 4Q25.
Subscription gross margin improved 31bps to 85.5%, while transaction gross margin expanded 284bps to 34.5% due to Smart Distribution.
Revenue growth slowed to 17% due to incentives for larger properties, impacting FY25 growth (forecast now 22% versus. prior 26%), though a 2H25 rebound is expected.
Rule of 40 performance fell to 17% from 21% in 2H24 due to weaker revenue and staff incentive payments.
Goldman Sachs lowers FY25-27 earnings (EBITDA) forecasts by -11% to -8% and reduces its target by -3% to $5.90. Neutral rating retained
This report was published on February 27, 2025.
Target price is $5.90 Current Price is $4.87 Difference: $1.03
If SDR meets the Goldman Sachs target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $6.82, suggesting upside of 41.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 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 121.75.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -4.7, 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 FY26:
Goldman Sachs forecasts a full year FY26 dividend of 0.00 cents and EPS of 1.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 487.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1.4, 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 345.0.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((SDR)) as Buy (1) –
Jarden has reiterated Buy rating on Siteminder as it views 1H revenue growth headwinds to be largely transitory.
The target price is lowered to $6.75 from $7.48 following a -13-26% downgrade in EBITDA forecasts for FY25-27. The broker notes the 1H saw a -7% revenue miss vs its forecasts due to forex headwinds, accounting changes and discounting.
The analyst has pushed out expectations for re-acceleration to 4Q and is now more conservative about new product growth in FY26. EBITDA margins have been downgraded by -80-120bps on operational deleverage, partially offset by cost controls.
This report was published on February 27, 2025.
Target price is $6.75 Current Price is $4.87 Difference: $1.88
If SDR meets the Jarden target it will return approximately 39% (excluding dividends, fees and charges).
Current consensus price target is $6.82, suggesting upside of 41.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 7.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 65.81.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -4.7, 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 FY26:
Jarden forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 3.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 152.19.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1.4, 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 345.0.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((SDR)) as Overweight (1) –
Wilsons notes SiteMinder’s 1H25 revenue missed its forecast on incentive discounts but the broker appreciates the incentives helped in securing larger-value, long-term customers.
The update on Smart Products highlighted the risk of delays in C-plus going live, but SD is performing to expectations and DR-plus global launch is due in a few weeks. The company expects $5-10m contribution in 2H from the Smart Products.
The broker lowered the FY25 revenue forecast after the 1H miss. Target price cut to $7.22 from $7.60. Overweight retained.
This report was published on February 27, 2025.
Target price is $7.22 Current Price is $4.87 Difference: $2.35
If SDR meets the Wilsons target it will return approximately 48% (excluding dividends, fees and charges).
Current consensus price target is $6.82, suggesting upside of 41.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 4.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 113.26.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is -4.7, 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 FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 3.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 162.33.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 1.4, 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 345.0.
Market Sentiment: 0.8
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SGM SIMS LIMITED
Steel & Scrap – Overnight Price: $14.31
Jarden rates ((SGM)) as Neutral (3) –
Sims’ 1H result was better-than-expected by Jarden, with underlying earnings (EBIT) of $73m coming in 4% above consensus.
Management highlighted significant progress on cost-saving initiatives, with a targeted annualised reduction of -$100m by FY25, which is expected to improve profitability as market conditions recover, explains the broker.
The analysts also note positive operational progress in turning around its North America Metals (NAM) operations. Trading margins expanded by 390bps to 21.4% from 17.5% in FY24, reflecting higher unprocessed source scrap, explains Jarden.
The broker’s target rises to $14.80 from $12.70, driven by higher cost-outs and a better North American outlook, offset by a softer A&NZ region performance. Neutral rating.
This report was published on February 26, 2025.
Target price is $14.80 Current Price is $14.31 Difference: $0.49
If SGM meets the Jarden target it will return approximately 3% (excluding dividends, fees and charges).
Current consensus price target is $13.92, suggesting downside of -1.6%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 26.10 cents and EPS of 40.70 cents.
At the last closing share price the estimated dividend yield is 1.82%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 35.16.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 46.1, implying annual growth of N/A.
Current consensus DPS estimate is 21.8, implying a prospective dividend yield of 1.5%.
Current consensus EPS estimate suggests the PER is 30.7.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 46.80 cents and EPS of 70.00 cents.
At the last closing share price the estimated dividend yield is 3.27%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.44.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 88.7, implying annual growth of 92.4%.
Current consensus DPS estimate is 34.3, implying a prospective dividend yield of 2.4%.
Current consensus EPS estimate suggests the PER is 15.9.
Market Sentiment: 0.1
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
SIQ SMARTGROUP CORPORATION LIMITED
Vehicle Leasing & Salary Packaging – Overnight Price: $8.45
Canaccord Genuity rates ((SIQ)) as Downgrade to Hold from Buy (3) –
Canaccord Genuity notes Smartgroup Corp’s FY24 result was strong, with the highlight being the 2H EBITDA margin of around 40%.
The broker reckons there is strong existing momentum, but going forward the backdrop for novated leases looks challenging with EV sales growth already weak in the final months of 2024.
Added to that is customer uncertainty regarding interest rates and the PHEV exemption due to expire in March, the broker highlights.
The broker cut FY25-26 revenue forecasts but expects the company to maintain a 40% EBITDA margin on lower expenses.
Target price rises to $8.7 from $8.5. Rating downgraded to Hold from Buy.
This report was published on February 26, 2025.
Target price is $8.70 Current Price is $8.45 Difference: $0.25
If SIQ meets the Canaccord Genuity target it will return approximately 3% (excluding dividends, fees and charges).
Current consensus price target is $9.54, suggesting upside of 13.2%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 43.10 cents and EPS of 62.00 cents.
At the last closing share price the estimated dividend yield is 5.10%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.63.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 59.4, implying annual growth of 2.0%.
Current consensus DPS estimate is 49.4, implying a prospective dividend yield of 5.9%.
Current consensus EPS estimate suggests the PER is 14.2.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 61.30 cents and EPS of 65.00 cents.
At the last closing share price the estimated dividend yield is 7.25%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 13.00.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 63.3, implying annual growth of 6.6%.
Current consensus DPS estimate is 53.1, implying a prospective dividend yield of 6.3%.
Current consensus EPS estimate suggests the PER is 13.3.
Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
THL TOURISM HOLDINGS LIMITED
Travel, Leisure & Tourism – Overnight Price: $1.60
Jarden rates ((THL)) as Buy (1) –
Tourism Holdings Rentals reported a significant drop in 1H25 earnings, with normalised net profit down by -33% year-on-year, but the results were largely in line with Jarden’s expectations.
While overall ex-fleet sales volumes were down -9%, most notably in North America (-43%), margins are stabilising in most geographies, notes the broker. Modest compression in margins is expected, particularly in Australia, in the next few years.
Vehicle rental revenue was up, supported by a larger fleet, while revenue per available rental vehicle (RevPARV) remained above pre-covid levels in the A&NZ region, note the analysts.
Management is seeing robust rental demand in A&NZ notwithstanding some uncertainty around late Easter ANZAC day bookings.
Unchanged Buy rating. Target falls to NZ$4.21 from NZ$4.38.
This report was published on February 26, 2025.
Current Price is $1.60. Target price not assessed.
Current consensus price target is $1.73, suggesting upside of 4.2%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 8.20 cents and EPS of 20.78 cents.
At the last closing share price the estimated dividend yield is 5.13%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 7.70.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 19.5, implying annual growth of N/A.
Current consensus DPS estimate is 7.5, implying a prospective dividend yield of 4.5%.
Current consensus EPS estimate suggests the PER is 8.5.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 11.85 cents and EPS of 26.98 cents.
At the last closing share price the estimated dividend yield is 7.40%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 5.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 25.8, implying annual growth of 32.3%.
Current consensus DPS estimate is 10.2, implying a prospective dividend yield of 6.1%.
Current consensus EPS estimate suggests the PER is 6.4.
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
TYR TYRO PAYMENTS LIMITED
Business & Consumer Credit – Overnight Price: $0.82
Canaccord Genuity rates ((TYR)) as Buy (1) –
Tyro Payments’ 1H25 total transaction value was impacted by macro headwinds and Lightspeed churn but price adjustments and cost control ensured EBITDA beat consensus by 6%, Canaccord Genuity highlights.
The company maintained FY25 gross profit guidance which is in line with the broker’s estimate and stated an ambition to grow it further by at least 10% in FY26.
The broker notes the company sees the RBA’s regulatory review into the payments sector as a potential opportunity given its limited exposure to surcharging and potential for market share gains.
The analyst raised FY25-27 EBITDA forecasts by 1-5%. Target price of $1.65 and Buy rating are unchanged.
This report was published on February 26, 2025.
Target price is $1.65 Current Price is $0.82 Difference: $0.83
If TYR meets the Canaccord Genuity target it will return approximately 101% (excluding dividends, fees and charges).
Current consensus price target is $1.35, suggesting upside of 68.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 4.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.22.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 3.1, implying annual growth of -36.9%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 25.8.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 5.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.39.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 4.0, implying annual growth of 29.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 20.0.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Wilsons rates ((TYR)) as Overweight (1) –
Wilsons notes Tyro Payments 1H total transaction value beat expectations despite headwinds from reduced consumer spending and small business closures.
The company reiterated FY25 guidance taking additional comfort from Jan-Feb trading and stated there was no scope for EBITDA margin upgrade due to expense growth in 2H.
The company reiterated its view that RBA’s review into payment costs will have a limited impact on its business. The broker, however, expects any scheme or interchange reduction to have a positive impact on the company’s margins.
Overweight rating and target price cut to $1.15 from $1.18.
This report was published on February 27, 2025.
Target price is $1.15 Current Price is $0.82 Difference: $0.33
If TYR meets the Wilsons target it will return approximately 40% (excluding dividends, fees and charges).
Current consensus price target is $1.35, suggesting upside of 68.8%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Wilsons forecasts a full year FY25 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 21.58.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 3.1, implying annual growth of -36.9%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 25.8.
Forecast for FY26:
Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 4.50 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.22.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 4.0, implying annual growth of 29.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 20.0.
Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
VAU VAULT MINERALS LIMITED
Gold & Silver – Overnight Price: $0.40
Moelis rates ((VAU)) as Buy (1) –
Moelis reckons Vault Minerals’ 1H25 result was strong with operating costs slightly better than its estimates.
The broker is focusing on the company’s capital reallocation framework, noting further growth at King of the Hill (KOTH) and the restart of Sugar Zone make sense, but won’t consume sufficient excess capital.
The broker believes the company will generate cash far quicker than it can spend and has therefore incorporated a final dividend in its FY25 forecast and also for FY26.
Even with dividend and internal growth programs, the broker still expects the cash position to rise to over $1bn by late FY27.
Target price rises to 59c from 57c. Buy rating retained.
This report was published on February 27, 2025.
Target price is $0.59 Current Price is $0.40 Difference: $0.19
If VAU meets the Moelis target it will return approximately 47% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 0.50 cents and EPS of 2.50 cents.
At the last closing share price the estimated dividend yield is 1.25%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.00.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 0.70 cents and EPS of 2.70 cents.
At the last closing share price the estimated dividend yield is 1.75%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.81.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
VHM VHM LIMITED
Mineral Sands – Overnight Price: $0.30
Canaccord Genuity rates ((VHM)) as Speculative Buy (1) –
Canaccord Genuity has updated its development plan for Goschen project based on the latest plan released by VHM. Phase 1 is for a 1.5Mtpa operation producing two products and phase 2 would see it expanded to 5Mtpa.
The broker is assuming upfront capex of $160m for stage 1 which it expects to be mostly spent in 2026. For stage 2, the broker estimates $90m capex and expects it to be funded by cash flows from stage 1.
The broker has delayed the project delivery schedule with the first production now expected in FY27 vs FY26 prior.
Target price of $1.15 and Speculative Buy rating are unchanged.
This report was published on February 28, 2025.
Target price is $1.15 Current Price is $0.30 Difference: $0.85
If VHM meets the Canaccord Genuity target it will return approximately 283% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY24:
Canaccord Genuity forecasts a full year FY24 EPS of minus 4.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 7.50.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 EPS of minus 3.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is minus 10.00.
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WDS WOODSIDE ENERGY GROUP LIMITED
NatGas – Overnight Price: $24.48
Jarden rates ((WDS)) as Overweight (2) –
Woodside Energy’s 2024 results saw a small earnings and dividend beat compared to consensus, with underlying earnings (EBITDA) of US$9,276m beating Jarden’s forecast by 2%.
Underlying profit of US$2,880m also exceeded expectations, 5% higher than the broker’s forecast.
The company’s strong free cash flow (FCF) of US$100m beat both Jarden and consensus, helped by better-than-expected production costs and higher-than-forecast income.
Woodside’s final dividend of US53 cents was at the top of its target payout ratio, with guidance for 2025 remaining unchanged.
Management declared the company would be in a position to consider higher shareholder returns once Scarborough LNG was brought online.
Jarden maintains an Overweight rating, raising its target price to 27.00 from 26.60, in reflection of a better-than-expected net debt position and solid growth prospects.
This report was published on February 26, 2025.
Target price is $27.00 Current Price is $24.48 Difference: $2.52
If WDS meets the Jarden target it will return approximately 10% (excluding dividends, fees and charges).
Current consensus price target is $26.73, suggesting upside of 10.1%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 149.80 cents and EPS of 189.39 cents.
At the last closing share price the estimated dividend yield is 6.12%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 12.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 252.1, implying annual growth of N/A.
Current consensus DPS estimate is 152.0, implying a prospective dividend yield of 6.3%.
Current consensus EPS estimate suggests the PER is 9.6.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 94.77 cents and EPS of 119.99 cents.
At the last closing share price the estimated dividend yield is 3.87%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.40.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 199.4, implying annual growth of -20.9%.
Current consensus DPS estimate is 120.1, implying a prospective dividend yield of 4.9%.
Current consensus EPS estimate suggests the PER is 12.2.
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WOR WORLEY LIMITED
Energy Sector Contracting – Overnight Price: $14.78
Goldman Sachs rates ((WOR)) as Buy (1) –
Worley reported earnings (EBITA) which met Goldman Sachs’ estimates, with margins improving to 8.4% for 1H25.
Cash conversion remained strong at 97.5%. The analyst highlights political uncertainty and customer caution affected sustainability-related projects, but traditional and transitional work drove a 42% and 83% increase, respectively, in the factored sales pipeline.
The broker highlights the company’s backlog declined to $12.7bn from $13.8bn due to -$2bn in cancellations, including Northvolt’s battery materials project.
Despite this, wins and scope increases exceeded backlog deliveries, with a book-to-bill ratio of 1.14x.
A $500m share buyback, representing 7% of market capitalisation, was announced. Management guidance was unchanged.
No change to the Buy rating or $18 target price.
This report was published on February 27, 2025.
Target price is $18.00 Current Price is $14.78 Difference: $3.22
If WOR meets the Goldman Sachs target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $18.50, suggesting upside of 27.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 55.00 cents and EPS of 80.00 cents.
At the last closing share price the estimated dividend yield is 3.72%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.47.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 83.2, implying annual growth of 44.8%.
Current consensus DPS estimate is 50.0, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 17.4.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 66.00 cents and EPS of 99.00 cents.
At the last closing share price the estimated dividend yield is 4.47%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.93.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 104.6, implying annual growth of 25.7%.
Current consensus DPS estimate is 53.5, implying a prospective dividend yield of 3.7%.
Current consensus EPS estimate suggests the PER is 13.8.
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WOW WOOLWORTHS GROUP LIMITED
Food, Beverages & Tobacco – Overnight Price: $29.89
Goldman Sachs rates ((WOW)) as Buy (1) –
Goldman Sachs comments Woolworths Group’s 1H25 result revealed Australian Food performing slightly below expectations.
Management guided to a mid-single-digit earnings (EBIT) decline for 2H25, which was negatively received despite announcing a -$400m cost reduction plan for FY26, the broker stresses.
Margin erosion is attributed to price investments to recover market share.
New Zealand operations showed early signs of improvement, driven by e-commerce growth and lower transformation costs. Earnings forecasts for FY25 were raised, reflecting a recovery from 2H24 trough earnings.
The analyst lowers earnings estimates by -5% to -1% for FY25-FY27. Target price $36.1. Buy.
This report was published on February 27, 2025.
Target price is $36.10 Current Price is $29.89 Difference: $6.21
If WOW meets the Goldman Sachs target it will return approximately 21% (excluding dividends, fees and charges).
Current consensus price target is $32.31, suggesting upside of 11.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 85.00 cents and EPS of 113.00 cents.
At the last closing share price the estimated dividend yield is 2.84%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 26.45.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 117.7, implying annual growth of 1229.9%.
Current consensus DPS estimate is 87.8, implying a prospective dividend yield of 3.0%.
Current consensus EPS estimate suggests the PER is 24.5.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 106.00 cents and EPS of 141.00 cents.
At the last closing share price the estimated dividend yield is 3.55%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 21.20.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 136.0, implying annual growth of 15.5%.
Current consensus DPS estimate is 100.2, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 21.2.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
Jarden rates ((WOW)) as Overweight (2) –
Jarden believes despite having the best supply chains and most advanced data capabilities, Woolworths is not able to leverage them to boost outcomes. The -14% yy decline in 1H EBIT was a disappointment though there were some positives including willingness to review the portfolio and $400m cost-outs.
The broker cut FY25-27 net profit forecasts mainly due to higher costs, with FY25 EBITA falling -6% on materially higher overheads.
The key question for the broker is can Woolworths grow share? And it found little evidence that it can in the trading update and believes the next six months is a key test.
Target price rises to $37.0 from $36.7 on a lift in DCF valuation following a modest rise in longer-term EBIT forecasts and lower capex. Rating retained at Overweight.
This report was published on February 27, 2025.
Target price is $37.00 Current Price is $29.89 Difference: $7.11
If WOW meets the Jarden target it will return approximately 24% (excluding dividends, fees and charges).
Current consensus price target is $32.31, suggesting upside of 11.9%(ex-dividends)
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 dividend of 91.00 cents and EPS of 116.60 cents.
At the last closing share price the estimated dividend yield is 3.04%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 25.63.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 117.7, implying annual growth of 1229.9%.
Current consensus DPS estimate is 87.8, implying a prospective dividend yield of 3.0%.
Current consensus EPS estimate suggests the PER is 24.5.
Forecast for FY26:
Jarden forecasts a full year FY26 dividend of 121.00 cents and EPS of 155.80 cents.
At the last closing share price the estimated dividend yield is 4.05%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 19.18.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 136.0, implying annual growth of 15.5%.
Current consensus DPS estimate is 100.2, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 21.2.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WPR WAYPOINT REIT LIMITED
REITs – Overnight Price: $2.46
Moelis rates ((WPR)) as Buy (1) –
Waypoint REIT’s FY24 distributable EPS and DPS were in line with guidance but FY25 guidance was ahead of Moelis’ estimates. The difference was a function of additional hedging.
The broker made small changes to estimates after factoring in the guidance. Buy rating and $2.84 target price are unchanged.
The broker expects the REIT to be a disproportionate beneficiary of interest rate cuts over the medium term, given most of the income statement is fixed in nature.
This report was published on February 27, 2025.
Target price is $2.84 Current Price is $2.46 Difference: $0.38
If WPR meets the Moelis target it will return approximately 15% (excluding dividends, fees and charges).
Current consensus price target is $2.63, suggesting upside of 9.0%(ex-dividends)
The company’s fiscal year ends in December.
Forecast for FY25:
Moelis forecasts a full year FY25 dividend of 16.50 cents and EPS of 16.50 cents.
At the last closing share price the estimated dividend yield is 6.71%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.91.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.2, implying annual growth of -17.2%.
Current consensus DPS estimate is 16.3, implying a prospective dividend yield of 6.8%.
Current consensus EPS estimate suggests the PER is 14.9.
Forecast for FY26:
Moelis forecasts a full year FY26 dividend of 16.80 cents and EPS of 16.80 cents.
At the last closing share price the estimated dividend yield is 6.83%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 14.64.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 16.3, implying annual growth of 0.6%.
Current consensus DPS estimate is 16.6, implying a prospective dividend yield of 6.9%.
Current consensus EPS estimate suggests the PER is 14.8.
Market Sentiment: -0.2
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources
WTC WISETECH GLOBAL LIMITED
Cloud services – Overnight Price: $90.00
Goldman Sachs rates ((WTC)) as Buy (1) –
WiseTech Global reported 1H25 revenue in line with Goldman Sachs’ expectations, with earnings (EBITDA) 3% above.
Management’s FY25 guidance was lowered to the bottom end for revenue but the high end for earnings (EBITDA) margin.
The analyst notes continued strong momentum in Cargowise adoption, with Logisteed signing on as a new customer.
Contracted large global forwarders remain a key growth driver, though only 20% of expected users are live. Customs and warehouse module usage grew significantly.
The Container Transport Optimiser launch in Australia is expected to contribute minimally in the near term due to global adoption complexities, the broker says.
Goldman Sachs lowers earnings estimates for FY25-FY27 due to delayed product launches. Target price is cut -10% to $128. Buy rating retained.
This report was published on February 27, 2025.
Target price is $128.00 Current Price is $90.00 Difference: $38
If WTC meets the Goldman Sachs target it will return approximately 42% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Goldman Sachs forecasts a full year FY25 dividend of 21.40 cents and EPS of 108.53 cents.
At the last closing share price the estimated dividend yield is 0.24%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 82.93.
Forecast for FY26:
Goldman Sachs forecasts a full year FY26 dividend of 30.57 cents and EPS of 149.80 cents.
At the last closing share price the estimated dividend yield is 0.34%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 60.08.
This company reports in USD. 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
Jarden rates ((WTC)) as Neutral (3) –
WiseTech Global lowered its FY25 revenue guidance to the bottom end of the US$792-858m range citing product delays which Jarden saw as a material risk prior to the 1H25 result. The broker has now lowered its FY25 revenue estimate by -5%, and also lowered EBITDA estimate by -5%.
The broker also cut FY26 revenue estimate by -4% due to uncertainty over the launch timing of new products.
Target price lowered to $100 from $116. Neutral maintained.
Given the uncertainty, the broker built upside and downside scenarios, where upside results in a 39% y/y rise in revenue in FY26, up 7% vs base case. Under downside scenarios, revenue is -14% lower vs base case.
This report was published on February 27, 2025.
Target price is $100.00 Current Price is $90.00 Difference: $10
If WTC meets the Jarden target it will return approximately 11% (excluding dividends, fees and charges).
The company’s fiscal year ends in June.
Forecast for FY25:
Jarden forecasts a full year FY25 EPS of 70.20 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 128.21.
Forecast for FY26:
Jarden forecasts a full year FY26 EPS of 95.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 93.95.
This company reports in USD. 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
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.
This document is provided for informational purposes only. It does not constitute an offer to sell or a solicitation to buy any security or other financial instrument. FNArena employs very experienced journalists who base their work on information believed to be reliable and accurate, though no guarantee is given that the daily report is accurate or complete. Investors should contact their personal adviser before making any investment decision.
Decisions about inclusions in this Report are made independently of the providers of stock market research and at full discretion of the team of journalists responsible for content at FNArena. Inclusion does not equal endorsement, in any way, shape or form. This Report is provided for informational purposes only.
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