Australian Broker Call *Extra* Edition – Nov 18, 2024

This story features ATTURRA LIMITED, and other companies. For more info SHARE ANALYSIS: ATA

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)

ATA   CBA   CEN   CMM   COL   FLT   IFL   LNW (2)   NHF   SVW   XRO  

ATA    ATTURRA LIMITED

Software & Services – Overnight Price: $1.09

Moelis rates ((ATA)) as Buy (1) –

Atturra recently hosted its first investor day, announcing three potential acquisitions and a capital raise to support its inorganic growth strategy, Moelis highlights.

The broker states these acquisitions could add over 1,000 clients, expand the company’s  presence in A&NZ, enhance revenue quality, and be immediately accretive to EPS in FY25.

The acquisitions, valued at approximately $45m, will be funded by a $70.5m placement and a $6.1m share purchase plan. Management pointed to expected FY25 benefits including $22m-$30m in revenue and $3.0m-$3.5m EBITDA.

Buy rated with a target price of $1.31 with possible re-rating potential from successful integration of the acquisitions, the broker suggests.

This report was published on November 14, 2024.

Target price is $1.31 Current Price is $1.09 Difference: $0.215
If ATA meets the Moelis target it will return approximately 20% (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 5.40 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.28.

Forecast for FY26:

Moelis forecasts a full year FY26 dividend of 0.00 cents and EPS of 6.80 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.10.

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

CBA    COMMONWEALTH BANK OF AUSTRALIA

Banks – Overnight Price: $155.13

Jarden rates ((CBA)) as Underweight (4) –

Jarden views CommBank’s 1Q update as solid, driven by stable credit quality, core margins, and a strong capital position.

Cash profit reached approximately $2.5bn, up by 5% quarter-on-quarter, slightly exceeding the broker’s prior forecast due to resilient net interest margins (NIM) and lower bad debt expenses (BDD).

The core NIM remained broadly stable, while the headline NIM improved modestly, benefiting from lower liquid assets without significant revenue impact, explain the analysts.

Credit quality remains robust, with a BDD charge of -$160m, highlights Jarden, reflecting a decline of -18% quarter-on-quarter, well below initial forecasts.

The target price increases to $108 from $107, with an Underweight rating maintained.

This report was published on November 14, 2024.

Target price is $108.00 Current Price is $155.13 Difference: minus $47.13 (current price is over target).
If CBA meets the Jarden target it will return approximately minus 30% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $102.08, suggesting downside of -34.2%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 476.00 cents and EPS of 596.60 cents.
At the last closing share price the estimated dividend yield is 3.07%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 26.00.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 600.9, implying annual growth of 5.9%.
Current consensus DPS estimate is 472.5, implying a prospective dividend yield of 3.0%.
Current consensus EPS estimate suggests the PER is 25.8.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 485.00 cents and EPS of 612.20 cents.
At the last closing share price the estimated dividend yield is 3.13%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 25.34.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 616.0, implying annual growth of 2.5%.
Current consensus DPS estimate is 486.8, implying a prospective dividend yield of 3.1%.
Current consensus EPS estimate suggests the PER is 25.2.

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

CEN    CONTACT ENERGY LIMITED

Infrastructure & Utilities – Overnight Price: $7.72

Jarden rates ((CEN)) as Buy (1) –

Jarden highlights Contact Energy’s steady operational performance with FY25 earnings (EBITDA) tracking ahead of guidance, supported by October statistics showing NZ$312m earnings year-to-date, a NZ$81m increase year-on-year.

The Wairakei geothermal project has achieved production efficiency gains, observes the broker, with output expected to reach 2,900GWh annually by FY31, up from the prior guidance of 2,750GWh.

Capital costs for Te Mihi 2 remain on track at NZ$712m, while Te Huka’s commissioning progresses, adding to Contact’s generation capacity, point out the analysts.

Gas storage also rose due to unused Methanex gas, which could support winter operations, though conditions apply, notes Jarden.

The  Buy rating and NZ$10.79 target price are maintained.

This report was published on November 14, 2024.

Current Price is $7.72. Target price not assessed.
The company’s fiscal year ends in June.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 33.47 cents and EPS of 33.47 cents.
At the last closing share price the estimated dividend yield is 4.33%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 23.07.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 31.53 cents and EPS of 31.53 cents.
At the last closing share price the estimated dividend yield is 4.08%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 24.48.

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

CMM    CAPRICORN METALS LIMITED

Gold & Silver – Overnight Price: $6.25

Jarden rates ((CMM)) as Buy (1) –

Jarden resumes coverage of Capricorn Metals following a recent $200m equity placement at $6.00/share.

The Karlawinda expansion, planned for completion by Q4 FY26, and the Mount Gibson Gold Project (MGGP) for FY27, collectively require an estimated capital outlay of -$420m, notes the broker.

Expenditure will be supported by a pro forma cash position of $290m as of September.

Looking ahead, the analysts anticipate significant growth, with MGGP reserves likely to surpass 2moz, boosting total group reserves to near 3.5moz, and foresee a production rate of 300-350kozpa from 2027.

Jarden lowers its target to $6.93 from $7.03, reflecting capital structure adjustments following the placement. The Buy rating is retained.

This report was published on November 14, 2024.

Target price is $6.93 Current Price is $6.25 Difference: $0.68
If CMM meets the Jarden target it will return approximately 11% (excluding dividends, fees and charges).
Current consensus price target is $7.24, suggesting upside of 15.9%(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 34.10 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.33.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 33.5, implying annual growth of 44.8%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 18.7.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 6.00 cents and EPS of 29.90 cents.
At the last closing share price the estimated dividend yield is 0.96%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 20.90.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 32.6, implying annual growth of -2.7%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 19.2.

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

COL    COLES GROUP LIMITED

Food, Beverages & Tobacco – Overnight Price: $17.80

Goldman Sachs rates ((COL)) as Neutral (3) –

Goldman Sachs attended Coles Group’s Strategy Day, where management outlined its “3D Strategy” focusing on Destination for Food and Drink, Accelerated by Digital, and consistent Delivery.

The broker notes CEO Leah Weckert highlighted key competitive advantages: reliable execution, exclusive brands, and efficiency-driven reinvestment.

The company is prioritising technology, data, and omni-channel execution, while emphasising productivity, cost control, and retail media scaling to support earnings growth.

Coles plans for strong cash conversion and an 80-90% dividend payout ratio.

The broker is positive on the strategy but notes intensifying competition from Woolworths Group ((WOW)), Amazon, Chemist Warehouse ((SIG)), and Bunnings ((WES)), as well as continued investment needs.

Neutral rating with a target price of $18.50.

This report was published on November 14, 2024.

Target price is $18.50 Current Price is $17.80 Difference: $0.7
If COL meets the Goldman Sachs target it will return approximately 4% (excluding dividends, fees and charges).
Current consensus price target is $19.54, suggesting upside of 9.8%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY25:

Goldman Sachs forecasts a full year FY25 dividend of 64.00 cents and EPS of 79.00 cents.
At the last closing share price the estimated dividend yield is 3.60%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 22.53.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 84.3, implying annual growth of 0.6%.
Current consensus DPS estimate is 70.3, implying a prospective dividend yield of 3.9%.
Current consensus EPS estimate suggests the PER is 21.1.

Forecast for FY26:

Goldman Sachs forecasts a full year FY26 dividend of 77.00 cents and EPS of 95.00 cents.
At the last closing share price the estimated dividend yield is 4.33%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.74.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 95.5, implying annual growth of 13.3%.
Current consensus DPS estimate is 79.6, implying a prospective dividend yield of 4.5%.
Current consensus EPS estimate suggests the PER is 18.6.

Market Sentiment: 0.6
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: $17.33

Wilsons rates ((FLT)) as Overweight (1) –

Wilsons observed October results for Flight Centre Travel showed a strong recovery, with total transaction value and profit before tax  up by 6% and 30% year-on-year, respectively.

The company’s FY25 earnings guidance $365405m, with the midpoint at $385m, implies 20% growth from FY24. Management also flagged a higher-than-normal 2H weighting to earnings in FY25.

Wilsons highlights earnings risks remain for 1H25, as the 2Q25 earnings need to increase by 50% year-on-year to meet estimates. The analyst’s earnings forecasts are under review due to potential downgrades related to the 2Q25 outlook.

Overweight rating with a target price of $22.29 retained. 

This report was published on November 14, 2024.

Target price is $22.29 Current Price is $17.33 Difference: $4.96
If FLT meets the Wilsons target it will return approximately 29% (excluding dividends, fees and charges).
Current consensus price target is $22.81, suggesting upside of 31.6%(ex-dividends)

Forecast for FY25:

Current consensus EPS estimate is 125.7, implying annual growth of 97.3%.
Current consensus DPS estimate is 43.3, implying a prospective dividend yield of 2.5%.
Current consensus EPS estimate suggests the PER is 13.8.

Forecast for FY26:

Current consensus EPS estimate is 145.5, implying annual growth of 15.8%.
Current consensus DPS estimate is 55.9, implying a prospective dividend yield of 3.2%.
Current consensus EPS estimate suggests the PER is 11.9.

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

IFL    INSIGNIA FINANCIAL LIMITED

Wealth Management & Investments – Overnight Price: $3.29

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

Jarden highlights medium-term growth prospects for Insignia Financial following the company’s Investor Day. Management targets double-digit earnings growth, primarily through cost reductions, aiming to cut net operating expenses by -$150m across FY26-FY30.

Insignia’s strategy focuses on simplifying systems across segments, particularly in the Mastertrust business, to lower costs and improve competitive positioning in Wrap flows and Asset Management, explain the analysts.

The target price increases to $3.35 from $3.25, reflecting Jarden’s revised EPS estimates, which indicate potential for over 800bps in earnings (EBITDA) margin expansion if cost targets are met.

This report was published on November 14, 2024.

Target price is $3.35 Current Price is $3.29 Difference: $0.06
If IFL meets the Jarden target it will return approximately 2% (excluding dividends, fees and charges).
Current consensus price target is $3.05, suggesting downside of -7.4%(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 36.00 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 9.14.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 36.6, implying annual growth of N/A.
Current consensus DPS estimate is 7.7, implying a prospective dividend yield of 2.3%.
Current consensus EPS estimate suggests the PER is 9.0.

Forecast for FY26:

Jarden forecasts a full year FY26 dividend of 27.50 cents and EPS of 39.60 cents.
At the last closing share price the estimated dividend yield is 8.36%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 8.31.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 37.1, implying annual growth of 1.4%.
Current consensus DPS estimate is 14.1, implying a prospective dividend yield of 4.3%.
Current consensus EPS estimate suggests the PER is 8.9.

Market Sentiment: -0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

LNW    LIGHT & WONDER INC

Gaming – Overnight Price: $146.58

Goldman Sachs rates ((LNW)) as Buy (1) –

Goldman Sachs notes from 3Q results that Light & Wonder remains optimistic about its growth trajectory. North American Outright sales outperformed, driven by expansion into new adjacent markets, with this trend expected to continue into FY25.

The midpoint of management’s FY25 profit (NPATA) guidance of US$565mUS$635m beat the broker’s forecast by 3%.

The target slips to $171.90 from $172.20. Buy.

This report was published on November 14, 2024.

Target price is $171.90 Current Price is $146.58 Difference: $25.32
If LNW meets the Goldman Sachs target it will return approximately 17% (excluding dividends, fees and charges).
Current consensus price target is $178.60, suggesting upside of 21.8%(ex-dividends)

Forecast for FY24:

Current consensus EPS estimate is 380.6, implying annual growth of 41.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 38.5.

Forecast for FY25:

Current consensus EPS estimate is 560.2, implying annual growth of 47.2%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 26.2.

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

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Jarden rates ((LNW)) as Buy (1) –

Jarden highlights Light & Wonder delivered a slightly lower-than-expected Q3 earnings (AEBITDA) of US$319m, impacted by restructuring and other charges, though North American market share gains remain strong.

The company reaffirmed its FY25 earnings target of US$1.4bn and introduced profit NPATA guidance between US$565m635m, supporting the broker’s view of resilience in Light & Wonder’s core Gaming Ops and Social Casino segments.

Despite lower revenue-per-day in Gaming Ops, driven partly by product mix adjustments, Jarden sees long-term growth prospects due to strong customer demand for new games and expansions into adjacent markets.

The broker revises AEBITDA and EPS down by an average of -0.1% and -8.1% over FY24-26 to reflect recent adjustments but considers the company well-positioned to deliver profitable growth into FY25.

The target price decreases to $173 from $174, and the Buy rating is maintained.

This report was published on November 14, 2024.

Target price is $173.00 Current Price is $146.58 Difference: $26.42
If LNW meets the Jarden target it will return approximately 18% (excluding dividends, fees and charges).
Current consensus price target is $178.60, suggesting upside of 21.8%(ex-dividends)
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 377.70 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 38.81.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 380.6, implying annual growth of 41.0%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 38.5.

Forecast for FY25:

Jarden forecasts a full year FY25 dividend of 0.00 cents and EPS of 573.30 cents.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 25.57.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 560.2, implying annual growth of 47.2%.
Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A.
Current consensus EPS estimate suggests the PER is 26.2.

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

NHF    NIB HOLDINGS LIMITED

Insurance – Overnight Price: $5.79

Goldman Sachs rates ((NHF)) as Buy (1) –

Following 3Q results for nib Holdings showing claims pressure in New Zealand, Goldman Sachs lowers its earnings forecasts.

The broker gives management some benefit of the doubt on its view around a recovery for the New Zealand business.

The analysts also expect some better growth and margin in Australian Resident Health Insurance (ARHI), as well as some cost savings elsewhere.

Buy rating and target falls to $6.50 from $6.75.

This report was published on November 14, 2024.

Target price is $6.50 Current Price is $5.79 Difference: $0.71
If NHF meets the Goldman Sachs target it will return approximately 12% (excluding dividends, fees and charges).
Current consensus price target is $6.84, suggesting upside of 18.0%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY25:

Goldman Sachs forecasts a full year FY25 dividend of 25.80 cents and EPS of 37.80 cents.
At the last closing share price the estimated dividend yield is 4.46%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 15.32.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 41.8, implying annual growth of 9.1%.
Current consensus DPS estimate is 28.3, implying a prospective dividend yield of 4.9%.
Current consensus EPS estimate suggests the PER is 13.9.

Forecast for FY26:

Goldman Sachs forecasts a full year FY26 dividend of 30.20 cents and EPS of 44.70 cents.
At the last closing share price the estimated dividend yield is 5.22%.
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 46.5, implying annual growth of 11.2%.
Current consensus DPS estimate is 30.7, implying a prospective dividend yield of 5.3%.
Current consensus EPS estimate suggests the PER is 12.5.

Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena’s consensus calculations require a minimum of three sources

SVW    SEVEN GROUP HOLDINGS LIMITED

Mining Sector Contracting – Overnight Price: $45.78

Goldman Sachs rates ((SVW)) as Buy (1) –

Goldman Sachs notes Seven Group reiterated FY25 guidance at its AGM update with high single-digit EBIT growth anticipated.

The broker observes WesTrac shows strong demand across capital sales and services, bolstered by a robust parts demand due to expected increases in bulk commodity production.

Boral sees stable concrete volumes and solid pricing, while Coates is balancing mixed regional demand with a rise in transport and utilities.

Goldman’s FY25 forecasts are for EBIT growth of 8.1% for WesTrac, 16.8% for Boral, and 5.5% for Coates.

No change to Buy rating and $45.90 target price.

This report was published on November 14, 2024.

Target price is $45.90 Current Price is $45.78 Difference: $0.12
If SVW meets the Goldman Sachs target it will return approximately 0% (excluding dividends, fees and charges).
Current consensus price target is $47.10, suggesting upside of 2.9%(ex-dividends)
The company’s fiscal year ends in June.

Forecast for FY25:

Goldman Sachs forecasts a full year FY25 dividend of 61.00 cents and EPS of 244.00 cents.
At the last closing share price the estimated dividend yield is 1.33%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 18.76.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 227.7, implying annual growth of 80.6%.
Current consensus DPS estimate is 49.0, implying a prospective dividend yield of 1.1%.
Current consensus EPS estimate suggests the PER is 20.1.

Forecast for FY26:

Goldman Sachs forecasts a full year FY26 dividend of 70.00 cents and EPS of 282.00 cents.
At the last closing share price the estimated dividend yield is 1.53%.
At the last closing share price the stock’s estimated Price to Earnings Ratio (PER) is 16.23.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 261.8, implying annual growth of 15.0%.
Current consensus DPS estimate is 49.0, implying a prospective dividend yield of 1.1%.
Current consensus EPS estimate suggests the PER is 17.5.

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

XRO    XERO LIMITED

Accountancy – Overnight Price: $172.61

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

While acknowledging the robust long-term potential for Xero post 1H25 results, the analyst remains cautious due to slowing subscriber growth and a need to leverage product mix and pricing for revenue maintenance amid challenging macroeconomic conditions.

Xero’s 1H25 results reveal a subscriber increase of 26,000 to 4.186m, slightly below forecasts, with varied regional performance.

Operating revenue rose 25% year-on-year to $996m, surpassing Wilsons’ forecast but aligning with consensus. EBITDA grew 52% to $312m, showcasing operating leverage. Wilsons is reviewing earnings estimates.

Market Weight. Target $131.63.

This report was published on November 14, 2024.

Target price is $131.63 Current Price is $172.61 Difference: minus $40.98 (current price is over target).
If XRO meets the Wilsons target it will return approximately minus 24% (excluding dividends, fees and charges – negative figures indicate an expected loss).
Current consensus price target is $188.15, suggesting upside of 9.0%(ex-dividends)
The company’s fiscal year ends in March.

Forecast for FY25:

Wilsons forecasts a full year FY25 dividend of 0.00 cents.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 146.3, 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 118.0.

Forecast for FY26:

Wilsons forecasts a full year FY26 dividend of 0.00 cents.

How do these forecasts compare to market consensus projections?

Current consensus EPS estimate is 212.9, implying annual growth of 45.5%.
Current consensus DPS estimate is 5.4, implying a prospective dividend yield of 0.0%.
Current consensus EPS estimate suggests the PER is 81.1.

This company reports in NZD. 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

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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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