Australian Broker Call *Extra* Edition – May 30, 2024

This story features EAGERS AUTOMOTIVE LIMITED, and other companies. For more info SHARE ANALYSIS: APE

An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.

In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call *Extra* Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe.

One key difference is the *Extra* Edition will not be updated daily, but merely "regularly" depending on availability of suitable quality content. As such, the *Extra* Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update.

Investors using the *Extra* Edition as a source of input for their own share market research should thus take into account that information after publication may not be up to date, or yet awaiting another update by FNArena's team of journalists.

Similar to The Australian Broker Call Report, this *Extra* Edition includes concise but limited reviews of research recently published by Stockbrokers and other experts, which should be considered as information concerning likely market behaviour rather than advice on the securities mentioned. Do not act on the contents of this Report without first reading the important information included at the end of this Report.

The Australian Broker Call *Extra* Edition is a summary that has been prepared independently of the sources identified. Readers will check the full text of the recommendations and consult a Licenced Advisor before making any investment decision.

The copyright of this Report is owned by the publisher. Readers will not copy, forward or disseminate this Report to any other person. For more vital information about the sources included, see the bottom of this Report.

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)

APE   CHL   EOS   ERD   GLN   INA   LLL   MEI   NUF   RSG   TRS   WOR   XRO (2)  

APE    EAGERS AUTOMOTIVE LIMITED

Automobiles & Components – Overnight Price: $10.11

Jarden rates ((APE)) as Overweight (2) –

Jarden lowers its target for Eagers Automotive to $13.00 from $14.10 after the broker applies a -30% discount to its long-term valuation  multiple, reflecting increased uncertainty associated with improving margins in H2.

During the first half results presentation, management attributed margin headwinds mainly to the BYD retail joint venture having to clear inventory, along with elevated interest cost expenses due to higher levels of new inventory.

A -16.5% consensus downgrade for 1H underlying profit before tax is implied by management's 1H guidance underlying PBT to be around -85% below the 1H of FY23, explains the broker.

The Overweight rating is maintained.

This report was published on May 24, 2024.

Target price is $13.00 Current Price is $10.11 Difference: $2.89
If APE meets the Jarden target it will return approximately 29% (excluding dividends, fees and charges).
Current consensus price target is $12.62, suggesting upside of 24.8%(ex-dividends)
The company's fiscal year ends in December.

Forecast for FY24:

Jarden forecasts a full year FY24 dividend of 61.40 cents and EPS of 93.00 cents.
At the last closing share price the estimated dividend yield is 6.07%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 10.87.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 100.3, implying annual growth of -9.4%.
Current consensus DPS estimate is 69.7, implying a prospective dividend yield of 6.9%.
Current consensus EPS estimate suggests the PER is 10.1.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 61.00 cents and EPS of 92.30 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 10.95.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 85.4, implying annual growth of -14.9%.
Current consensus DPS estimate is 69.8, implying a prospective dividend yield of 6.9%.
Current consensus EPS estimate suggests the PER is 11.8.

Market Sentiment: 0.4
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

CHL    CAMPLIFY HOLDINGS LIMITED

Travel, Leisure & Tourism – Overnight Price: $1.55

Canaccord Genuity rates ((CHL)) as Buy (1) –

The 3Q trading update at Camplify Holdings' investor day for the core business in the A&NZ and the UK was in line with Canaccord Genuity's expectations, after excluding impacts from the temporary accommodation program (TAP).

Initial mid-term targets set by management to reach $125m revenue at 20% EBITDA margins within 3-5 years proved well ahead of market expectations, notes the broker.

The analysts explain the core drivers of this growth relate to an increase in the company's RV fleet on platform to around 71,000 members from circa 30,000, with premium members (Camper-plus) increasing to 20,000 from 5,000.

The $2.75 target and Buy rating are maintained.

This report was published on May 24, 2024.

Target price is $2.75 Current Price is $1.55 Difference: $1.2
If CHL meets the Canaccord Genuity target it will return approximately 77% (excluding dividends, fees and charges).
The company's fiscal year ends in June.

Forecast for FY24:

Canaccord Genuity forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 9.00 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 17.22.

Forecast for FY25:

Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of minus 1.00 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 155.00.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

EOS    ELECTRO OPTIC SYSTEMS HOLDINGS LIMITED

Hardware & Equipment – Overnight Price: $1.35

Canaccord Genuity rates ((EOS)) as Buy (1) –

Analysts at Canaccord Genuity came away from the site visit/investor day held by Electro Optic Systems incrementally encouraged by the company's position in the structurally beneficial defence industry.

The broker also noted current and upcoming tendering opportunities and management's ability to execute upon these. The company's multiple is expected to re-rate as investors gain further confidence in its ability to secure large scale, multi-year contracts.

The Buy rating and $1.95 target are maintained.

This report was published on May 24, 2024.

Target price is $1.95 Current Price is $1.35 Difference: $0.6
If EOS meets the Canaccord Genuity target it will return approximately 44% (excluding dividends, fees and charges).
The company's fiscal year ends in December.

Forecast for FY24:

Canaccord Genuity forecasts a full year FY24 dividend of 0.00 cents and EPS of minus 9.98 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 13.53.

Forecast for FY25:

Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 2.60 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 51.92.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

ERD    EROAD LIMITED

Transportation & Logistics – Overnight Price: $0.92

Canaccord Genuity rates ((ERD)) as Buy (1) –

Eroad's FY24 result exceeded management's own guidance. Annual recurring revenue (ARR) rose by 16% to NZ$175m indicating exit momentum for revenue, suggest the analysts.

Management provided initial FY25 guidance which was conservative, in the broker's view, given the recent history of outperforming guidance.

Also, the 2H revenue run-rate and price rises rolling through the backbook are expected to result in an eventual 'beat' against forecasts.

New guidance is for revenue of between NZ$190-195m and EBIT in the range of NZ$5m-10m.

Canaccord's Buy rating and NZ$1.60 target are unchanged.

This report was published on May 24, 2024.

Current Price is $0.92. Target price not assessed.
The company's fiscal year ends in March.

Forecast for FY25:

Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 3.88 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 23.58.

Forecast for FY26:

Canaccord Genuity forecasts a full year FY26 dividend of 0.00 cents and EPS of 10.35 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 8.84.

This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

GLN    GALAN LITHIUM LIMITED

New Battery Elements – Overnight Price: $0.23

Petra Capital rates ((GLN)) as Buy (1) –

After delays in the proposed Glencore pre-payment funding, Galan Lithium has successfully raised $14m in new equity.

While Gencore is still conducting due diligence, Petra Capital highlights management is simultaneously looking at funding alternatives, including short-term offtakes and a potential sale of the Candelas project.

The Buy rating is maintained and the target reduced to 59c from 99c after the broker updates for new equity and higher royalties.

An agreement has been struck with the government of Catamarca, permitting domestic and export sales of Lithium Chloride, including royalties of 7%, up from 3%, explains Petra Capital.

This report was published on May 24, 2024.

Target price is $0.59 Current Price is $0.23 Difference: $0.355
If GLN meets the Petra Capital target it will return approximately 151% (excluding dividends, fees and charges).

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

INA    INGENIA COMMUNITIES GROUP

Aged Care & Seniors – Overnight Price: $4.77

Moelis rates ((INA)) as Hold (3) –

As part of a trading update, Ingenia Communities noted FY24 underlying earnings are on track to be at the upper end of the 20.8-22.3cps guidance range, where forecasts by Moelis already sit.

A recovery in the number of deposits-on-hand to 470 in May from 288 in June last year augers well for FY25, in the broker's view.

The broker's investment case for Ingenia does, however, rely upon an ongoing and consistent ramp-up of the development business.

The Hold rating and $4.93 target are unchanged.

This report was published on May 27, 2024.

Target price is $4.93 Current Price is $4.77 Difference: $0.16
If INA meets the Moelis target it will return approximately 3% (excluding dividends, fees and charges).
Current consensus price target is $5.14, suggesting upside of 7.8%(ex-dividends)
The company's fiscal year ends in June.

Forecast for FY24:

Moelis forecasts a full year FY24 dividend of 10.80 cents and EPS of 22.00 cents.
At the last closing share price the estimated dividend yield is 2.26%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 21.68.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 22.0, implying annual growth of 39.3%.
Current consensus DPS estimate is 11.0, implying a prospective dividend yield of 2.3%.
Current consensus EPS estimate suggests the PER is 21.7.

Forecast for FY25:

Moelis forecasts a full year FY25 dividend of 12.40 cents and EPS of 25.20 cents.
At the last closing share price the estimated dividend yield is 2.60%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 18.93.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 26.1, implying annual growth of 18.6%.
Current consensus DPS estimate is 12.4, implying a prospective dividend yield of 2.6%.
Current consensus EPS estimate suggests the PER is 18.3.

Market Sentiment: 0.7
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

LLL    LEO LITHIUM LIMITED

New Battery Elements – Overnight Price: $0.51

Jarden rates ((LLL)) as Sell (5) –

Following the May 9 agreement for joint venture partner to purchase Leo Lithium's existing 40% equity interest in the Mali project for US$342.7m, the US$10.5m non-refundable deposit has now been received from Ganfeng.

The first tranche of the total consideration is US$161m, payable on completion of the transaction, explain the analysts. This money is expected by the end of October.

The broker's Sell rating is retained as trading in the company's shares will likely be volatile if – and when – it resumes. The 43c target is also maintained.

This report was published on May 24, 2024.

Target price is $0.43 Current Price is $0.51 Difference: minus $0.075 (current price is over target).
If LLL meets the Jarden target it will return approximately minus 15% (excluding dividends, fees and charges – negative figures indicate an expected loss).
The company's fiscal year ends in December.

Forecast for FY24:

Jarden forecasts a full year FY24 dividend of 0.00 cents and EPS of 1.30 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 38.85.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of 16.60 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 3.04.

Market Sentiment: 0.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

MEI    METEORIC RESOURCES NL

Gold & Silver – Overnight Price: $0.18

Canaccord Genuity rates ((MEI)) as Speculative Buy (1) –

Meteoric Resources has lodged the Environmental Impact Statement (EIS) for the Caldeira project with Minas Gerais state agencies, which Canaccord Genuity considers a key permitting/approvals milestone.

The broker expects the construction licence will be granted in December 2025, and the Operation Licence one year later.

The Speculative Buy rating and 45c target are unchanged.

This report was published on May 24, 2024.

Target price is $0.45 Current Price is $0.18 Difference: $0.265
If MEI meets the Canaccord Genuity target it will return approximately 143% (excluding dividends, fees and charges).
The company's fiscal year ends in June.

Forecast for FY24:

Canaccord Genuity forecasts a full year FY24 dividend of 0.00 cents and EPS of 0.00 cents.

Forecast for FY25:

Canaccord Genuity forecasts a full year FY25 dividend of 0.00 cents and EPS of 0.00 cents.

Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

NUF    NUFARM LIMITED

Agriculture – Overnight Price: $4.46

Wilsons rates ((NUF)) as Market Weight (3) –

Price deflation and normalisation of customer purchase patterns resulted in a "soft" 1H result for Nufarm, according to Wilsons.

Sales fell by -10% compared to the previous corresponding period (just worse than the broker's forecast) as higher volumes were more than offset by lower prices, while normalised earnings (EBITDA) were a -13% miss.

Management guided to FY24 underlying earnings of between $350-$390m and noted Crop Protection prices will likely remain subdued in the near-term, but prices should be a tailwind beyond FY24.

The Market Weight rating is retained and the broker's target price falls to $4.86 from $5.28.

This report was published on May 27, 2024.

Target price is $4.86 Current Price is $4.46 Difference: $0.4
If NUF meets the Wilsons target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $5.69, suggesting upside of 27.5%(ex-dividends)
The company's fiscal year ends in September.

Forecast for FY24:

Wilsons forecasts a full year FY24 dividend of 8.00 cents and EPS of 8.20 cents.
At the last closing share price the estimated dividend yield is 1.79%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 54.39.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 15.5, implying annual growth of -41.0%.
Current consensus DPS estimate is 6.8, implying a prospective dividend yield of 1.5%.
Current consensus EPS estimate suggests the PER is 28.8.

Forecast for FY25:

Wilsons forecasts a full year FY25 dividend of 11.00 cents and EPS of 22.30 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 20.00.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 35.0, implying annual growth of 125.8%.
Current consensus DPS estimate is 10.2, implying a prospective dividend yield of 2.3%.
Current consensus EPS estimate suggests the PER is 12.7.

Market Sentiment: 0.2
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

RSG    RESOLUTE MINING LIMITED

Gold & Silver – Overnight Price: $0.55

Canaccord Genuity rates ((RSG)) as Buy (1) –

While updating research on the day of Resolute Mining's AGM, Canaccord Genuity expressed the view the market is failing to recognise an improving operational performance.

An improving balance sheet and an increasingly de-risked organic growth pipeline were also noted.

Over the last few years, suggests the broker, management has successfully delivered operational improvements/cost reduction initiatives. Costs (AISC) have fallen despite inflationary pressures afflicting the wider sector.

The Buy rating and $1.40 target are maintained.

This report was published on May 24, 2024.

Target price is $1.40 Current Price is $0.55 Difference: $0.85
If RSG meets the Canaccord Genuity target it will return approximately 155% (excluding dividends, fees and charges).
The company's fiscal year ends in December.

Forecast for FY24:

Canaccord Genuity forecasts a full year FY24 EPS of 13.71 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 4.01.

Forecast for FY25:

Canaccord Genuity forecasts a full year FY25 EPS of 16.76 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 3.28.

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

TRS    REJECT SHOP LIMITED

Household & Personal Products – Overnight Price: $3.24

Jarden rates ((TRS)) as Buy (1) –

Reject Shop reported FY24 EBIT guidance between $4.0-$5.5m, -3% below the Jarden analyst's midpoint forecast. That analyst notes ongoing positive like-for-like (LFL) sales growth of 2.7% year-to-date.

The company is performing well with the new range, and competition from Temu, according to Jarden, and it should do well as customers trade down with the higher rate environment.

 EBITDA forecasts are cut by -2% to -7% for FY24-FY26 with more significant net profit reductions over the same period, due to a -100bps decline in margins from the consumables mix, notes the broker.

Buy rating unchanged. Target lowered to $6 from $6.70.

This report was published on May 23, 2024.

Target price is $6.00 Current Price is $3.24 Difference: $2.76
If TRS meets the Jarden target it will return approximately 85% (excluding dividends, fees and charges).
Current consensus price target is $4.18, suggesting upside of 29.1%(ex-dividends)
The company's fiscal year ends in June.

Forecast for FY24:

Jarden forecasts a full year FY24 dividend of 10.00 cents and EPS of 12.30 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 26.34.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 13.6, implying annual growth of -49.9%.
Current consensus DPS estimate is 9.7, implying a prospective dividend yield of 3.0%.
Current consensus EPS estimate suggests the PER is 23.8.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 18.00 cents and EPS of 29.30 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 11.06.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 23.8, implying annual growth of 75.0%.
Current consensus DPS estimate is 13.3, implying a prospective dividend yield of 4.1%.
Current consensus EPS estimate suggests the PER is 13.6.

Market Sentiment: 0.7
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: $14.82

Goldman Sachs rates ((WOR)) as Upgrade to Buy from Neutral (1) –

Goldman Sachs upgrades Worley to Buy from Neutral after a -6% decline in share price over the last six months, when the ASX200 climbed by 11% over the same time frame.

The company is well-placed to benefit from the energy transition, reiterates the broker, and the outlook remains supported by capex being deployed by customers in this area.

The broker's target edges up by 1% to $17.50.

This report was published on May 24, 2024.

Target price is $17.50 Current Price is $14.82 Difference: $2.68
If WOR meets the Goldman Sachs target it will return approximately 18% (excluding dividends, fees and charges).
Current consensus price target is $18.27, suggesting upside of 23.3%(ex-dividends)
The company's fiscal year ends in June.

Forecast for FY24:

Goldman Sachs forecasts a full year FY24 dividend of 52.00 cents and EPS of 68.00 cents.
At the last closing share price the estimated dividend yield is 3.51%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 21.79.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 76.2, implying annual growth of 982.4%.
Current consensus DPS estimate is 51.6, implying a prospective dividend yield of 3.5%.
Current consensus EPS estimate suggests the PER is 19.4.

Forecast for FY25:

Goldman Sachs forecasts a full year FY25 dividend of 58.00 cents and EPS of 85.00 cents.
At the last closing share price the estimated dividend yield is 3.91%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 17.44.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 93.4, implying annual growth of 22.6%.
Current consensus DPS estimate is 55.9, implying a prospective dividend yield of 3.8%.
Current consensus EPS estimate suggests the PER is 15.9.

Market Sentiment: 0.6
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

XRO    XERO LIMITED

Accountancy – Overnight Price: $132.66

Jarden rates ((XRO)) as Overweight (2) –

Despite a "strong" FY24 result, Jarden was surprised by the 9% jump in Xero's share price on the day of release.

The broker was disappointed FY25 guidance for the company's opex ratio was for a flat year-on-year outcome, due to higher product design and development costs.

FY24 earnings marked a 2% beat against forecasts by the broker and consensus due to a lower full-year operating cost ratio than guidance.

Regardless, Jarden expects the higher rate of near-term investment may drive stronger long-term outcomes. The target rises to $144 from $141 and the Overweight rating is unchanged.

This report was published on May 24, 2024.

Target price is $144.00 Current Price is $132.66 Difference: $11.34
If XRO meets the Jarden target it will return approximately 9% (excluding dividends, fees and charges).
Current consensus price target is $138.58, suggesting upside of 4.5%(ex-dividends)
The company's fiscal year ends in March.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 46.95 cents and EPS of 154.88 cents.
At the last closing share price the estimated dividend yield is 0.35%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 85.65.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 121.1, 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 109.5.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 106.46 cents and EPS of 210.89 cents.
At the last closing share price the estimated dividend yield is 0.80%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 62.91.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 127.5, implying annual growth of 5.3%.
Current consensus DPS estimate is 14.3, implying a prospective dividend yield of 0.1%.
Current consensus EPS estimate suggests the PER is 104.0.

This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

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Wilsons rates ((XRO)) as Downgrade to Market Weight from Overweight (3) –

Following FY24 results, Wilsons raises its target for Xero to $131.63 from $126.93 and downgrades to Market Weight from Overweight on valuation.

Operating expenses as a percentage of revenue ratio was 73% (68% in H2), thereby beating FY24 guidance for "around 75%". However, management is now guiding to 73% in FY25, suggesting to the broker the return of some costs.

Incrementally slower subscriber growth over the past three years means Xero is slightly more reliant on price rises to maintain high double-digit topline growth, note the analysts.

This report was published on May 27, 2024.

Target price is $131.63 Current Price is $132.66 Difference: minus $1.03 (current price is over target).
If XRO meets the Wilsons target it will return approximately minus 1% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $138.58, suggesting upside of 4.5%(ex-dividends)
The company's fiscal year ends in March.

Forecast for FY25:

Wilsons forecasts a full year FY25 dividend of 0.00 cents and EPS of 230.48 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 57.56.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 121.1, 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 109.5.

Forecast for FY26:

Wilsons forecasts a full year FY26 dividend of 0.00 cents and EPS of 289.90 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 45.76.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 127.5, implying annual growth of 5.3%.
Current consensus DPS estimate is 14.3, implying a prospective dividend yield of 0.1%.
Current consensus EPS estimate suggests the PER is 104.0.

This company reports in NZD. All estimates have been converted into AUD by FNArena at present FX values.
Market Sentiment: 0.5
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

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The content of this information does in no way reflect the opinions of FNArena, or of its journalists. In fact we don't have any opinion about the stock market, its value, future direction or individual shares. FNArena solely reports about what the main experts in the market note, believe and comment on. By doing so we believe we provide experienced, intelligent investors with a valuable tool that helps them in making up their own minds, reading market trends and getting a feel for what is happening beneath the surface.

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