Daily Market Reports | 10:30 AM
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)
ADH AEE AGE AOV AR9 AV1 AVA BET BMN BWP CAR CCX CGS CHL CIP CKF CTD EGG EML FPR GDG HUB IPH JBH JLG KGN KMD LIC LIN MAP MAQ MMS NCK (2) NEU NWL NXG NXT PRN QOR SGLLV VGL WEB
ADH ADAIRS LIMITED
Furniture & Renovation - Overnight Price: $2.15
Canaccord Genuity rates ((ADH)) as Buy (1) -
Ahead of Adairs' FY25 result, Canaccord Genuity forecasts EBITDA of $67.7m vs consensus of $68.7m.
The broker will look ahead of progress on strategy and for confirmation that Focus on Furniture business is turning around.
Buy. Target price $2.95.
This report was published on August 8, 2025.
Target price is $2.95 Current Price is $2.15 Difference: $0.8
If ADH meets the Canaccord Genuity target it will return approximately 37% (excluding dividends, fees and charges).
Current consensus price target is $2.34, suggesting upside of 8.7%(ex-dividends)
The company's fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 13.00 cents and EPS of 21.00 cents.
At the last closing share price the estimated dividend yield is 6.05%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 10.24.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 18.8, implying annual growth of 4.9%.
Current consensus DPS estimate is 10.7, implying a prospective dividend yield of 5.0%.
Current consensus EPS estimate suggests the PER is 11.4.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 17.00 cents and EPS of 26.00 cents.
At the last closing share price the estimated dividend yield is 7.91%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 8.27.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 21.3, implying annual growth of 13.3%.
Current consensus DPS estimate is 12.7, implying a prospective dividend yield of 5.9%.
Current consensus EPS estimate suggests the PER is 10.1.
Market Sentiment: 0.3
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
AEE AURA ENERGY LIMITED
Energy - Overnight Price: $0.17
Petra Capital rates ((AEE)) as Buy (1) -
Petra Capital notes the 2025 edition of the World Nuclear Association's biennial report is due in September, and it expects to show nuclear power utilities about a enter a fresh period of long-term uranium supply deals with producers.
This would be supportive of the sector broadly, the broker reckons, with greatest upside potential in lesser-known producers like Aura Energy.
The broker believes the market is not yet fully valuing the Tiris uranium project. While similar projects could emerge over time, Tiris is considered different due to its large, provincial-scale potential.
Buy. Target price 40c.
This report was published on August 7, 2025.
Target price is $0.40 Current Price is $0.17 Difference: $0.23
If AEE meets the Petra Capital target it will return approximately 135% (excluding dividends, fees and charges).
The company's fiscal year ends in June.
Forecast for FY25:
Petra Capital 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 56.67.
Forecast for FY26:
Petra Capital forecasts a full year FY26 dividend of 0.00 cents and EPS of minus 0.20 cents.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 85.00.
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
AGE ALLIGATOR ENERGY LIMITED
Uranium - Overnight Price: $0.02
Petra Capital rates ((AGE)) as Buy (1) -
Petra Capital notes the 2025 edition of the World Nuclear Association's biennial report is due in September, and it expects to show nuclear power utilities about to enter a fresh period of long-term uranium supply deals with producers.
This would be supportive of the sector broadly, the broker reckons.
Alligator Energy is awaiting approval of its Program for Environment Protection and Rehabilitation, a regulatory requirement in South Australia for mining projects.
Mobilisation is expected in the September quarter, with the first reagent trial targeted by the end of this year.
Buy. Target price 7c.
This report was published on August 7, 2025.
Target price is $0.07 Current Price is $0.02 Difference: $0.05
If AGE meets the Petra Capital target it will return approximately 250% (excluding dividends, fees and charges).
Market Sentiment: 1.0
All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
AOV AMOTIV LIMITED
Automobiles & Components - Overnight Price: $9.05
Canaccord Genuity rates ((AOV)) as Buy (1) -
Ahead of Amotiv's FY25 result, Canaccord Genuity notes the company's pre-released slight revenue growth and EBITDA decline vs FY24, in line with guidance.
The broker will look for adjustments to the underlying numbers and operating cash flow.
Buy. Target price $11.
This report was published on August 8, 2025.
Target price is $11.00 Current Price is $9.05 Difference: $1.95
If AOV meets the Canaccord Genuity target it will return approximately 22% (excluding dividends, fees and charges).
Current consensus price target is $11.23, suggesting upside of 24.0%(ex-dividends)
The company's fiscal year ends in June.
Forecast for FY25:
Canaccord Genuity forecasts a full year FY25 dividend of 41.00 cents and EPS of 88.00 cents.
At the last closing share price the estimated dividend yield is 4.53%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 10.28.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 80.0, implying annual growth of 13.2%.
Current consensus DPS estimate is 39.5, implying a prospective dividend yield of 4.4%.
Current consensus EPS estimate suggests the PER is 11.3.
Forecast for FY26:
Canaccord Genuity forecasts a full year FY26 dividend of 42.00 cents and EPS of 98.00 cents.
At the last closing share price the estimated dividend yield is 4.64%.
At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 9.23.How do these forecasts compare to market consensus projections?
Current consensus EPS estimate is 82.7, implying annual growth of 3.4%.
Current consensus DPS estimate is 40.4, implying a prospective dividend yield of 4.5%.
Current consensus EPS estimate suggests the PER is 10.9.
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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