ATTURRA LIMITED (ATA)
Share Price Analysis and Chart

Broker commentary and detailed analysis is available for Full Members Only.
Login above or Get a Free Trial

27/02/2025

1

Add

$1.00

26.58%

Atturra's 1H25 result slightly missed Morgans' expectations but the broker still considers it a solid result given the 27% y/y revenue lift amid distractions from multiple capital raises and acquisitions in the 1H.

The broker notes the company has retained FY25 underlying EBITDA guidance, highlighting the diversity of the business model allows for cost controls.

The analyst cut its forecasts towards the company's FY25 guidance range, resulting in a reduction in underlying EBITDA forecasts by -7% over the next few years. Target price cut to $1.00 from $1.15, and Add maintained.

FORECAST
Morgans forecasts a full year FY25 dividend of 0.00 cents and EPS of 5.00 cents.
Morgans forecasts a full year FY26 dividend of 0.00 cents and EPS of 6.00 cents.

06/03/2025

1

Buy

$1.07

35.44%

Moelis notes Atturra's 1H25 result showed mixed margin performance but the profit is typically weighted to 2H.

The company's FY25 guidance implied an upgrade to $305-320m from $292m-plus stated earlier, but the broker lowered its forecast by -4.8% from a previous estimate of $322m. EBITDA forecast was also cut to align with the company's guidance.

The company ended December with over $98m in cash and $39m of undrawn debt which would support its inorganic growth focus, and according to the broker, it will offset potential industry weakness in the near term.

Target price is $1.07 and Buy rating retained.

FORECAST
Moelis forecasts a full year FY25 EPS of 4.30 cents.
Moelis forecasts a full year FY26 EPS of 5.90 cents.