FINANCIAL NEWS

Weekly Ratings, Targets, Forecast Changes

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

10:00 AM


The Monday Report

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

8:50 AM


Today’s Financial Calendar

Significant Scheduled Events For 23 April, 2018

8:15 AM


Weekly Top Ten News Stories

Our top ten news stories from 12 April 2018 to 19 April 2018

Apr 20 2018


S&P500 At Inflection Point

The Chartist reports strong upside may be ahead for the S&P500 but a retest of the low remains a risk.

Apr 20 2018


Credit Suisse rates API as Neutral

First half results were in line with guidance. The short-term outlook remains challenging, Credit Suisse believes, and PBS revenue is expected to be under pressure as some manufacturers choose to by-pass wholesale distributors, going direct to pharmacies.

Converting independent pharmacies to the Priceline model should increase operating leverage, the broker suggests, but caution prevails in the current market conditions.

Neutral rating retained. Target reduced to $1.50 from $1.62.

Citi rates BOQ as Re-instate Coverage with Neutral

First half results were weaker than Citi expected and the broker reinstates coverage with a Neutral rating and $11 target, reduced from $13.

The stock has fallen around -17% over the year to date and the broker considers the first half results justified this underperformance.

The broker lowers the earnings trajectory to reflect the challenges from lower revenue and higher growth in costs.

UBS rates GEM as Buy

Industry supply for 2018 is expected to grow 3-3.5% and remain higher than growth in demand. As a result occupancy is not improving, counter to former expectations.

The broker considers the valuation undemanding and, while the downgrades have been disappointing, the share price reaction is overdone. UBS revises forecast to allow for softer occupancy in FY18 and incorporates no organic growth.

A Buy rating is maintained. Target is lowered to $2.75 from $3.95.

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ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

GEM | G8 EDUCATION LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$2.31

23 Apr
2018

0.000

OPEN

$0.00

0.000

HIGH

$0.00

0

LOW

$0.00

TARGET
$3.247 40.5% upside
Franking for last dividend paid out: 100%
MARKET CONSENSUS FORECAST
GEM: 1
Title FY16
Actual
FY17
Actual
FY18
Forecast
FY19
Forecast
EPS (cps) 21.2 18.9 23.2 27.3
DPS (cps) 24.0 24.0 20.0 21.0
EPS Growth - 11.1% - 10.8% 22.5% 17.6%
DPS Growth 0.0% 0.0% - 16.7% 5.0%
PE Ratio N/A N/A 10.0 8.5
Dividend Yield N/A N/A 8.7% 9.1%
Div Pay Ratio(%) 113.1% 126.8% 86.3% 77.0%

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DAILY FINANCIAL NEWS

S&P500 At Inflection Point

The Chartist reports strong upside may be ahead for the S&P500 but a retest of the low remains a risk.

Apr 20 2018 - Technicals


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

Apr 20 2018 - Australia


FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The share price of Alumina Ltd has shot up as the market factors in the potential impact of sanctions on Russian individuals and companies.

Apr 19 2018 - Treasure Chest


NextDC has announced a capital raising to fund development of three new data centres, although brokers suggest patience is required to realise the opportunity.

Apr 19 2018 - Australia


Brokers concede Bank of Queensland has a revenue problem yet some are willing to bypass the competitive pressures because of the strong capital position and robust dividend.

Apr 18 2018 - Australia


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

Apr 18 2018 - Australia


RUDI'S VIEWS

Rudi’s View: IPH, G8 Education, And NextDC

In this week's Weekly Insights (this is Part Two): –Investing In Oil Price Momentum, And Other Twists -Conviction Calls -G8…

Apr 19 2018

DAILY MARKET REPORTS

The Monday Report

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

8:50 AM


Today’s Financial Calendar

Significant Scheduled Events For 23 April, 2018

8:15 AM


The Overnight Report: Rates On The Rise

The Fed’s tone may have become more hawkish but surging commodity prices are now feeding into US inflation expectations. Dow down -83.

Apr 20 2018


Today’s Financial Calendar

Significant Scheduled Events For 20 April, 2018

Apr 20 2018


The Overnight Report: Commodity Prices Surge

US sanctions continued to reverberate through metals markets last night, although a 7% gain for nickel may be a case of misunderstanding. Dow down -38.

Apr 19 2018


Today’s Financial Calendar

Significant Scheduled Events For 19 April, 2018

Apr 19 2018


The Overnight Report: Netflicked

A strong earnings report from Netflix reigniting buying in the big tech names last night, drove Wall Street to another solid gain. Dow up 213.

Apr 18 2018


WEEKLY REPORTS

Weekly Ratings, Targets, Forecast Changes

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

10:00 AM

Weekly Top Ten News Stories

Our top ten news stories from 12 April 2018 to 19 April 2018

Apr 20 2018

Next Week At A Glance

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

Apr 20 2018


The Wrap: TV Sport, Advice, AMP & Reece

Weekly Broker Wrap: TV sport; hospitals; super advice; AMP; and Reece.

Apr 20 2018

The Short Report

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

Apr 19 2018

Australian Corporate Bond Price Tables

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

Apr 19 2018


Share Buybacks – Who’s Doing It?

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

Apr 18 2018

Uranium Week: Policy Decisions Required

The uranium spot market sunk further into inactivity last week, beholden to government policy decisions and escalating geopolitical tensions.

Apr 17 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.

Apr 16 2018


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THE MARKETS

    Click item/line to change chart

  • Australia

    23 April 2018   Updated : 10:12   AEDT

    SPI Overnight (Jun)

    5833.00

    -15.00

    -0.26%

    All Ordinaries

    5977.10

    +12.70

    0.21%

    S&P ASX 200

    5882.30

    +13.50

    0.23%

    S&P ASX 300

    5842.10

    +12.40

    0.21%

    Consumer Discretionary

    2243.40

    +4.40

    0.20%

    Consumer Staples

    10267.40

    +24.20

    0.24%

    Energy

    10989.50

    +72.30

    0.66%

    Financials

    6033.70

    +1.10

    0.02%

    Health Care

    26659.20

    +81.30

    0.31%

    Industrials

    5675.10

    +1.10

    0.02%

    Info Technology

    1034.80

    +2.60

    0.25%

    Materials

    11954.80

    +76.40

    0.64%

    Telecommunication

    1118.10

    -1.70

    -0.15%

    Utilities

    7340.60

    +2.50

    0.03%

  • Asia

    23 April 2018   Updated : 10:12   AEDT

    NZ50

    8350.460

    +27.240

    0.330%

    Nikkei 225

    22162.24

    0.00

    0.00%

    Hang Seng

    30418.33

    -290.11

    -0.94%

    Click item/line to change chart

  • Australasia

    23 April 2018   Updated : 10:12   AEDT

    AUD/USD

    0.7660

    -0.00

    -0.42%

    AUD/NZD

    1.0639

    -0.00

    -0.17%

    NZD/USD

    0.7200

    -0.00

    -0.24%

    AUD/JPY

    82.63

    -0.19

    -0.22%

    SGD/AUD

    0.99

    +0.00

    0.19%

    AUD/EUR

    0.6243

    -0.00

    -0.18%

    AUD/GBP

    0.5471

    0.00

    0.00%

  • World

    23 April 2018   Updated : 10:12   AEDT

    CAD/USD

    0.7832

    -0.01

    -0.77%

    EUR/JPY

    132.36

    -0.05

    -0.04%

    EUR/USD

    1.2270

    -0.00

    -0.23%

    GBP/USD

    1.4003

    -0.01

    -0.41%

    USD/JPY

    107.87

    +0.20

    0.19%

    Click item/line to change chart

  • World

    23 April 2018   Updated : 10:12   AEDT

    FTSE100

    7368.17

    +39.25

    0.54%

    DAX30

    12540.50

    -26.92

    -0.21%

    DJIA

    24462.94

    -201.95

    -0.82%

    S&P500

    2670.14

    -22.99

    -0.85%

    Nasdaq Comp

    7146.13

    -91.93

    -1.27%

    S&P500 VIX

    16.88

    +0.92

    5.76%

    US 10-year yield

    2.951

    +0.037

    1.270%

    USD Index

    90.32

    +0.43

    0.48%

  • Aus Stocks

    23 April 2018   Updated : 10:12   AEDT

    BHP (UK)

    1534.40

    +13.80

    0.91%

    Rio (UK)

    3987.00

    +35.00

    0.89%

    BHP (US)

    47.70

    -0.05

    -0.10%

    Rio (US)

    56.60

    +0.04

    0.07%

    ResMed (US)

    98.80

    -1.57

    -1.56%

    South32 (UK)

    214.40

    +3.00

    1.42%

    James Hardie (US)

    18.28

    -0.28

    -1.51%

    Telstra (US)

    11.77

    -0.23

    -1.92%

    Westpac (US)

    21.94

    -0.17

    -0.77%

    Click item/line to change chart

  • Spot Metals & Minerals

    23 April 2018   Updated : 08:53   AEDT

    Gold (oz)

    1335.20

    -10.10

    -0.75%

    Silver (oz)

    17.08

    -0.14

    -0.81%

    Copper (lb)

    3.1504

    +0.01

    0.38%

    Aluminium (lb)

    1.1115

    -0.01

    -0.64%

    Lead (lb)

    1.0737

    +0.02

    1.46%

    Nickel (lb)

    6.6293

    -0.18

    -2.68%

    Zinc (lb)

    1.4543

    +0.00

    0.25%

    Copper (t)

    6945.00

    +26.00

    0.38%

    Aluminium (t)

    2450.00

    -16.00

    -0.65%

    Lead (t)

    2367.00

    +34.00

    1.46%

    Nickel (t)

    14615.00

    -402.00

    -2.68%

    Zinc (t)

    3206.00

    +8.00

    0.25%

    Iron Ore (t)

    66.85

    -1.45

    -2.12%

    Uranium (lb) weekly

    20.75

    +0.25

    1.22%

  • Energy Futures

    21 April 2018   Updated : 07:28   AEDT

    West Texas Crude (Jun)

    68.10

    -0.23

    -0.34%

    Brent Crude (Jun)

    73.69

    +0.09

    0.12%

    Henry Hub NatGas (May)

    2.74

    +0.07

    2.62%

CALENDAR

Monday, 23 April 2018
JP flash mfg PMI, Apr
EZ flash mfg PMI, Apr
US Chicago Fed national activity index, Mar
US existing home sales, Mar
US flash mfg PMI, Apr
AHY AGM
MGR quarterly report
RIC ex-div 1.5c
Tuesday, 24 April 2018
AU CPI, Q1
EZ Germany IFO business sentiment, Apr
US Case-Shiller house price index, Feb
US Conference Board consumer confidence, Apr

ALL WEATHER STOCKS

Code Company Price
AMC AMCOR LIMITED

$13.96

ARB ARB CORPORATION LIMITED

$19.96

CSL CSL LIMITED

$159.88

REA REA GROUP LIMITED

$78.72

RMD RESMED INC

$12.95

WEEKLY PDF

Stories To Read From FNArena


WEEK 16

WEEK 15

WEEK 14

WEEK 13

WEEK 12

FNARENA TALKS

FNARENA WINDOWS

Window on ALUMINIUM, BAUXITE & ALUMINA

Treasure Chest: More Upside For Alumina?

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. The share price of Alumina Ltd has shot up as the market factors in the potential impact of sanctions on Russian individuals and companies.

Apr 19 2018


Window on CLOUD SERVICES

NextDC Pulls Ahead In Data Centre Potential

NextDC has announced a capital raising to fund development of three new data centres, although brokers suggest patience is required to realise the opportunity.

Apr 19 2018


Window on BANKS

Has Valuation Support Emerged For BOQ?

Brokers concede Bank of Queensland has a revenue problem yet some are willing to bypass the competitive pressures because of the strong capital position and robust dividend.

Apr 18 2018


SMSFUNDAMENTALS

SMSFundamentals: ETF Investment Enters The Mainstream

A recent survey suggests investment in Australian exchange traded funds continues to grow a-pace and a wider range of investors is now turning to ETF investment.

Mar 22 2018


FEATURE STORIES

Rudi’s Comprehensive Feb 2018 Review

A comprehensive assessment of the February 2018 reporting season that overwhelmingly surprised in a positive sense, but was unfortunately overshadowed by macro concerns.

Mar 28 2018