FINANCIAL NEWS

FNArena Corporate Results Monitor

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

12:33 PM


Share Buybacks – Who’s Doing It?

Weekly Update on ASX-listed companies buying in their own stock.

10:42 AM


Material Matters: Iron Ore, Nickel & Copper

A glance through the latest expert views and predictions about commodities. Iron ore; nickel; copper; and mining services.

10:11 AM


The Overnight Report: Oil Tanks

The breach of US$60/bbl for WTI has sparked a -7% plunge in oil prices. Dow down -100.

9:08 AM


Today’s Financial Calendar

Significant Scheduled Events For 14 November, 2018

8:15 AM


Macquarie rates NVT as Neutral

Management has updated on the medium-term growth outlook. With earnings re-based, the company appears confident an inflection point has been reached. Macquarie considers the new targets lofty, implying operating earnings of $165m in FY20, forecast to increase to around $200m in FY21 and over $250m by FY23.

The company has reiterated the FY19 outlook and remains comfortable with consensus expectations. Macquarie maintains a Neutral rating and $5.50 target.

UBS rates NWS as Neutral

First quarter results were better-than-expected, with each segment in line or ahead of UBS estimates. The broker upgrades forecasts for FY19 operating earnings by 5.2% and FY20 by 1.6%. The broker still envisages value in the 'stub', ex REA Group ((REA)) and Foxtel.

UBS continues to expect lower costs for Foxtel from FY20 as key sporting rights are locked in and there is potential upside from savings stemming from the Fox Sports/Foxtel merger.

UBS maintains a Neutral rating and raises the target to $20.50 from $20.10.

Deutsche Bank rates TWE as Hold

Wine export data for October indicates that volume and value of Australian wine exports to China continue to decline, although the rate has moderated.

The data implies average price per case growth of 17.2%, with a considerable turnaround in volumes of wine in the $8-12/case price point. Notably, Deutsche Bank points out, wine over $12 per litre is still declining sharply.

The broker is pleased exports to the Americas have return to growth on both volume and value basis.

Hold rating and $18 target maintained.

Click here to see full report

ANALYSIS & DATA

MARKET CONSENSUS FORECAST

To display the stock analysis for a company please enter the company code:

IPL | INCITEC PIVOT LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.06

14 Nov
2018

0.050

OPEN

$4.07

1.25%

HIGH

$4.08

1,580,713

LOW

$4.02

TARGET
$4.251 4.7% upside
Franking for last dividend paid out: 20%
MARKET CONSENSUS FORECAST
IPL: 1
Title FY17
Actual
FY18
Actual
FY19
Forecast
FY20
Forecast
EPS (cps) 18.9 12.5 26.2 26.1
DPS (cps) 9.4 10.7 13.7 13.5
EPS Growth 100.0% - 33.9% 100.0% - 0.1%
DPS Growth 8.0% 13.8% 27.9% - 1.3%
PE Ratio N/A N/A 15.5 15.5
Dividend Yield N/A N/A 3.4% 3.3%
Div Pay Ratio(%) 49.7% 85.6% 52.3% 51.7%

RUDI ON TWITTER

FIND US ON
Facebooktwitter

DAILY FINANCIAL NEWS

FNArena Corporate Results Monitor

FNArena’s Monitor keeps track of corporate earnings result releases, including broker views, ratings and target price changes and beat/miss assessments.

12:33 PM - Australia


A glance through the latest expert views and predictions about commodities. Iron ore; nickel; copper; and mining services.

10:11 AM - Commodities


The market has slapped Lend Lease down, after a significant write-down for its engineering division, and confidence is expected to take a long time returning.

Nov 13 2018 - Australia


An impressive update from child care centre operator Think Education has brokers lining up their Buy ratings after a tough year for the industry.

Nov 13 2018 - Small Caps


Michael Gable of Fairmont Equities suggests any further dips for Macquarie Group will present ahead of a resumption of the uptrend.

Nov 13 2018 - Technicals


Global Equities Outlook For 2019

Jacob Mitchell of Antipodes Partners looks ahead to 2019 in the context of tariffs and the risk of the Fed getting it wrong.

Nov 13 2018 - International


RUDI'S VIEWS

When Uncertainty Is The Only Certainty

In this week's Weekly Insights: -When Uncertainty Is The Only Certainty -Rudi On Tour When Uncertainty Is The Only Certainty…

Nov 08 2018

DAILY MARKET REPORTS

The Overnight Report: Oil Tanks

The breach of US$60/bbl for WTI has sparked a -7% plunge in oil prices. Dow down -100.

9:08 AM


Today’s Financial Calendar

Significant Scheduled Events For 14 November, 2018

8:15 AM


The Overnight Report: Down Again

Apple, Goldman Sachs, China, UK, Italy, oil, the dollar…all conspired last night to emphatically reverse the rebound on Wall Street. Dow down -602.

Nov 13 2018


Today’s Financial Calendar

Significant Scheduled Events For 13 November, 2018

Nov 13 2018


The Monday Report

Wrap of events affecting the market on Friday night and the weekend and a preview of the week ahead.

Nov 12 2018


Today’s Financial Calendar

Significant Scheduled Events For 12 November, 2018

Nov 12 2018


The Overnight Report: Too Much Oil

Wall Street took an unsurprising breather last night but attention is increasingly focused on the oil price, now in a ‘technical’ bear market. Dow up 10.

Nov 09 2018


WEEKLY REPORTS

Share Buybacks – Who’s Doing It?

Weekly Update on ASX-listed companies buying in their own stock.

10:42 AM

Uranium Week: The Chase Is On

As interest from financial investors and ongoing producer purchases continue to push up the uranium spot price, utilities are now in a hurry to top up supplies before year end.

Nov 13 2018

Australian Listed Real Estate Tables

FNArena provides a weekly update of Australian listed real estate trusts (REIT) and property developers, current pricing yield and valuation data.

Nov 12 2018


Weekly Ratings, Targets, Forecast Changes

Weekly update on stockbroker recommendation, target price, and earnings forecast changes.

Nov 12 2018

Weekly Top Ten News Stories

Our top ten news stories from 01 November 2018 to 08 November 2018

Nov 09 2018

Next Week At A Glance

A brief look at important company events and economic data releases next week.

Nov 09 2018


The Wrap: Health, Housing, Auto And PRRT

Weekly Broker Wrap: health insurers; housing; automotive dealers; airlines; PRRT; Security Matters; and Netwealth.

Nov 09 2018

The Short Report

FNArena’s weekly update on short positions in the Australian share market.

Nov 08 2018

Australian Corporate Bond Price Tables

FNArena provides a weekly update of Australian listed corporate bond issues, current pricing and yield data.

Nov 08 2018


RUDI ON TWITTER

FIND US ON
Facebooktwitter

THE MARKETS

    Click item/line to change chart

  • Australia

    14 November 2018   Updated : 12:12   AEDT

    SPI Overnight (Dec)

    5826.00

    -6.00

    -0.10%

    All Ordinaries

    5889.60

    -33.00

    -0.56%

    S&P ASX 200

    5801.40

    -32.80

    -0.56%

    S&P ASX 300

    5756.70

    -33.40

    -0.58%

    Consumer Discretionary

    2255.00

    +4.70

    0.21%

    Consumer Staples

    10704.80

    -82.30

    -0.76%

    Energy

    10520.90

    -238.40

    -2.22%

    Financials

    5725.90

    -37.30

    -0.65%

    Health Care

    28881.60

    -111.90

    -0.39%

    Industrials

    5806.80

    +7.10

    0.12%

    Info Technology

    1119.20

    +4.70

    0.42%

    Materials

    11276.50

    -119.80

    -1.05%

    Telecommunication

    1119.00

    +10.20

    0.92%

    Utilities

    7368.80

    -10.20

    -0.14%

  • Asia

    14 November 2018   Updated : 12:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    21858.99

    +48.47

    0.22%

    Hang Seng

    25792.87

    +159.69

    0.62%

    Click item/line to change chart

  • Australasia

    14 November 2018   Updated : 12:12   AEDT

    AUD/USD

    0.7226

    +0.00

    0.40%

    AUD/NZD

    1.0680

    +0.00

    0.05%

    NZD/USD

    0.6766

    +0.00

    0.40%

    AUD/JPY

    82.33

    +0.24

    0.30%

    SGD/AUD

    1.00

    0.00

    -0.10%

    AUD/EUR

    0.6391

    0.00

    -0.25%

    AUD/GBP

    0.5557

    0.00

    -0.38%

  • World

    14 November 2018   Updated : 12:12   AEDT

    CAD/USD

    0.7559

    +0.00

    0.07%

    EUR/JPY

    128.81

    +0.63

    0.50%

    EUR/USD

    1.1305

    +0.01

    0.64%

    GBP/USD

    1.3004

    +0.01

    0.81%

    USD/JPY

    113.95

    -0.15

    -0.13%

    Click item/line to change chart

  • World

    14 November 2018   Updated : 12:12   AEDT

    FTSE100

    7053.76

    +0.68

    0.01%

    DAX30

    11472.22

    +146.78

    1.30%

    DJIA

    25286.49

    -100.69

    -0.40%

    S&P500

    2722.18

    -4.04

    -0.15%

    Nasdaq Comp

    7200.88

    +0.01

    0.00%

    S&P500 VIX

    20.02

    -0.43

    -2.10%

    US 10-year yield

    3.145

    -0.041

    -1.290%

    USD Index

    97.22

    -0.31

    -0.32%

  • Aus Stocks

    14 November 2018   Updated : 12:12   AEDT

    BHP (UK)

    1582.40

    -18.80

    -1.17%

    Rio (UK)

    3846.00

    -39.00

    -1.00%

    BHP (US)

    46.69

    -0.46

    -0.98%

    Rio (US)

    50.18

    -0.05

    -0.10%

    ResMed (US)

    101.70

    -2.04

    -1.97%

    South32 (UK)

    189.50

    -5.20

    -2.67%

    James Hardie (US)

    11.53

    -0.28

    -2.37%

    Telstra (US)

    10.95

    -

    -

    Westpac (US)

    18.90

    -0.06

    -0.32%

    Click item/line to change chart

  • Spot Metals & Minerals

    14 November 2018   Updated : 07:39   AEDT

    Gold (oz)

    1200.40

    -0.60

    -0.05%

    Silver (oz)

    13.96

    -0.05

    -0.36%

    Copper (lb)

    2.7691

    +0.02

    0.74%

    Aluminium (lb)

    0.8745

    -0.01

    -0.83%

    Lead (lb)

    0.8638

    0.00

    -0.43%

    Nickel (lb)

    5.1279

    +0.00

    0.06%

    Zinc (lb)

    1.1601

    +0.01

    1.01%

    Copper (t)

    6105.00

    +45.00

    0.74%

    Aluminium (t)

    1928.00

    -16.00

    -0.82%

    Lead (t)

    1904.00

    -8.00

    -0.42%

    Nickel (t)

    11305.00

    +7.00

    0.06%

    Zinc (t)

    2558.00

    +26.00

    1.03%

    Uranium (lb) weekly

    28.80

    +0.80

    2.86%

  • Commodities Futures

    14 November 2018   Updated : 08:29   AEDT

    West Texas Crude (Dec)

    55.32

    -4.28

    -7.18%

    Brent Crude (Jan)

    65.15

    -4.64

    -6.65%

    Iron Ore (t) futures

    75.00

    -0.64

    -0.85%

CALENDAR

Wednesday, 14 November 2018
AU wage price index, Q3
AU Westpac consumer confidence, Nov
JP GDP, Q3
JP industrial production, Oct
CH fixed asset investment, SOct
CH industrial production, Oct
CH retail sales, Oct
EZ GDP, Q3 (revision)
EZ industrial production, Oct
UK CPI, Oct
US CPI, Oct
AOG AGM
AST earnings result

ALL WEATHER STOCKS

Code Company Price
AMC AMCOR LIMITED

$13.55

ARB ARB CORPORATION LIMITED

$17.01

CSL CSL LIMITED

$186.82

REA REA GROUP LIMITED

$76.25

RMD RESMED INC

$14.15

WEEKLY PDF

Stories To Read From FNArena


WEEK 45

WEEK 44

WEEK 43

WEEK 42

WEEK 41

FNARENA TALKS

FNARENA WINDOWS

Window on MINING

Material Matters: Iron Ore, Nickel & Copper

A glance through the latest expert views and predictions about commodities. Iron ore; nickel; copper; and mining services.

10:11 AM


Window on INFRA & PROPERTY DEVELOPERS

Recovery Now Distant For Lend Lease

The market has slapped Lend Lease down, after a significant write-down for its engineering division, and confidence is expected to take a long time returning.

Nov 13 2018


Window on CHILDCARE

Think Upside

An impressive update from child care centre operator Think Education has brokers lining up their Buy ratings after a tough year for the industry.

Nov 13 2018


FEATURE STORIES

Rudi’s Comprehensive August 2018 Review

A compilation of stories relating to the August 2018 corporate reporting season in Australia, published between late July and early September. Attached is FNArena’s final balance for the season.

Oct 26 2018