FINANCIAL NEWS

Uranium Week: Utilities Focus On Rising Risks

With no disasters happening in Kazakhstan, spot uranium traded inside a narrow range last week, as utilities are considering risk-mitigating strategies

Jan 18 2022


Positive Momentum Building For TPG

Michael Gable of Fairmont Equities suspects a buying opportunity in TPG Telecom

Jan 18 2022


Finance Faces Challenge Of Artificial Intelligence

With Australian finance services providers increasingly looking towards adoption of Artificial Intelligence, successful implementation of AI processes will be complicated and a question of timing in many instances

Jan 18 2022


The Overnight Report: Chinese Rate Cut

The US had a holiday. SPI futures are suggesting investors locally are of the intent to buy more bargains. China surprised with a rate cut

Jan 18 2022


Today’s Financial Calendar – 18-01-2022

Significant Scheduled Events For 18 January, 2022

Jan 18 2022


UBS rates ABC as Neutral

Adbri and Alcoa have agreed to another extension by 12 months of the lime supply contract and UBS analysts comment this is already (largely) reflected in their forecasts.

UBS observes the share price is showing a lack of momentum, trading well below its price target, but the broker does not believe the announcement is the catalyst the share price needs.

Looking beyond short-term considerations, UBS sees structural headwinds in South Australia, coupled with increased competition in other markets, creating a challenging environment for the company.

Neutral rating retained. Price target $3.50. No changes made to forecasts.

Citi rates APX as Buy

Appen has not released a trading update of late and Citi analysts believe this could mean good news for the former highflyer on the ASX. The broker suggests market consensus might be too low, implying upside risk.

Citi has opened a "positive catalyst watch" on the company. Buy rating retained. Target $14.80, down from $17.10, as earnings estimates have been reduced regardless.

Macquarie rates GUD as Outperform

Macquarie has revised its forecasts for G.U.D. Holdings taking the AutoPacific Group acquisition into consideration, with earnings per share forecasts increasing 1%, 10% and 11% through to FY24.

The broker notes AutoPacific Group is the 4WD towing market leader with an approximate 85% market share, leveraged to a large and growing total addressable market. G.U.D. Holdings should benefit from diversification as new vehicle sales normalise. 

The Outperform rating is retained and the target price increases 4% to $16.40.

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ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

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

S32 | SOUTH32 LIMITED

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$4.05

17 Jan
2022

-0.130

OPEN

$4.19

-3.11%

HIGH

$4.21

15,096,703

LOW

$4.02

TARGET
$4.829 19.2% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
S32: 1
Title FY22
Forecast
FY23
Forecast
EPS (cps) 59.7 xxx
DPS (cps) 26.6 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 6.9 xxx
Dividend Yield 6.4% xxx
Div Pay Ratio(%) 44.5% xxx
This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.

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DAILY FINANCIAL NEWS

Positive Momentum Building For TPG

Michael Gable of Fairmont Equities suspects a buying opportunity in TPG Telecom

Jan 18 2022 - Technicals


With Australian finance services providers increasingly looking towards adoption of Artificial Intelligence, successful implementation of AI processes will be complicated and a question of timing in many instances

Jan 18 2022 - Australia


Part 3 (final) of a deep dive in today’s consequences from a decade, and more, of exceptionally low interest rates by Ahead of the Herd’s Rick Mills

Jan 14 2022 - International


Equity markets set aside omicron fears to charge ahead in December, capping a strong year and jockeying for pole position in 2022

Jan 13 2022 - Australia


Part 2 of a deep dive in today’s consequences from a decade, and more, of exceptionally low interest rates by Ahead of the Herd’s Rick Mills

Jan 12 2022 - International


Recent price action suggests shares in Hub24 have not yet found a bottom, reports Michael Gable of Fairmont Equities

Jan 11 2022 - Technicals


RUDI'S VIEWS

Rudi’s View: 29Metals, Calix, Chalice Mining, Incitec Pivot, Telstra & Qantas

In today's update: -Conviction Calls-All-Weather Performers-All-Weather Model Portfolio-AIA Conference In March By Rudi Filapek-Vandyck, Editor FNArena Happy New Year, and…

Jan 13 2022

DAILY MARKET REPORTS

The Overnight Report: Chinese Rate Cut

The US had a holiday. SPI futures are suggesting investors locally are of the intent to buy more bargains. China surprised with a rate cut

Jan 18 2022


Today’s Financial Calendar – 18-01-2022

Significant Scheduled Events For 18 January, 2022

Jan 18 2022


Australian Broker Call *Extra* Edition – Jan 17, 2022

Extra Edition of the Broker Call Report

Jan 17 2022


Today’s Financial Calendar – 17-01-2022

Significant Scheduled Events For 17 January, 2022

Jan 17 2022


The Monday Report – 17 January 2022

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

Jan 17 2022


The Overnight Report: Technology’s Out!

SPI futures are indicating a weaker close for the week, with technology stocks in particular out of favour

Jan 14 2022


Today’s Financial Calendar – 14-01-2022

Significant Scheduled Events For 14 January, 2022

Jan 14 2022


WEEKLY REPORTS

Uranium Week: Utilities Focus On Rising Risks

With no disasters happening in Kazakhstan, spot uranium traded inside a narrow range last week, as utilities are considering risk-mitigating strategies

Jan 18 2022

Australian Listed Real Estate Tables – 17-01-2022

Latest update of Australian listed real estate trusts (REIT) and property developers, including current pricing yield and valuation data, all neatly summarised in a ready-to-download table

Jan 17 2022

Weekly Ratings, Targets, Forecast Changes – 14-01-22

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

Jan 17 2022


Next Week At A Glance – 17-21 Jan 2022

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

Jan 14 2022

Weekly Top Ten News Stories – 14 January 2022

Our top ten news stories from 06 January 2022 to 13 January 2022

Jan 14 2022

In Brief: Omicron Impacts Economy, BNPL Slows

Weekly Broker Wrap, In Brief: omicron economic impacts; consumption growth and consumer savings; buy now pay later growth slows and financial platforms continue enjoying structural inflows

Jan 14 2022


Uranium Week: Focus On Kazakhstan

Social unrest in Kazakhstan has directed investor interest towards potential ramifications for the supply of uranium to the rest of the world

Jan 11 2022

Weekly Top Ten News Stories – 24 December 2021

Our top ten news stories from 16 December 2021 to 23 December 2021

Dec 24 2021

Next Weeks At A Glance – 24 Dec 2021 – 8 Jan 2022

A brief look at important company events and economic data releases over the holiday period

Dec 23 2021


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THE MARKETS

    Click item/line to change chart

  • Australia

    19 January 2022   Updated : 07:12   AEDT

    SPI Overnight

    7340.00

    +22.00

    0.30%

    All Ordinaries

    7735.80

    -3.50

    -0.05%

    S&P ASX 200

    7408.80

    -8.50

    -0.11%

    S&P ASX 300

    7416.00

    -5.90

    -0.08%

    Consumer Discretionary

    3398.50

    -8.40

    -0.25%

    Consumer Staples

    12670.00

    -21.80

    -0.17%

    Energy

    8708.40

    +13.30

    0.15%

    Financials

    6609.00

    -19.30

    -0.29%

    Health Care

    42161.90

    -527.00

    -1.23%

    Industrials

    6461.70

    -26.30

    -0.41%

    Info Technology

    1932.00

    +4.50

    0.23%

    Materials

    17848.30

    +97.60

    0.55%

    Telecommunication

    1599.70

    +3.20

    0.20%

    Utilities

    7022.10

    -40.40

    -0.57%

  • Asia

    19 January 2022   Updated : 07:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    28257.25

    -76.27

    -0.27%

    Hang Seng

    24112.78

    -105.25

    -0.43%

    Click item/line to change chart

  • Australasia

    19 January 2022   Updated : 07:12   AEDT

    AUD/USD

    0.7185

    0.00

    -0.08%

    AUD/NZD

    1.0609

    0.00

    -0.11%

    NZD/USD

    0.6772

    0.00

    0.00%

    AUD/JPY

    82.36

    -0.04

    -0.05%

    SGD/AUD

    1.03

    0.00

    -0.07%

    AUD/EUR

    0.6341

    +0.00

    0.52%

    AUD/GBP

    0.5284

    +0.00

    0.21%

    AUDCAD

    0.8988

    0.00

    -0.13%

  • World

    19 January 2022   Updated : 07:12   AEDT

    CAD/USD

    0.7994

    +0.00

    0.05%

    EUR/JPY

    129.90

    -0.73

    -0.56%

    EUR/USD

    1.1332

    -0.01

    -0.59%

    GBP/USD

    1.3597

    0.00

    -0.30%

    USD/JPY

    114.63

    +0.03

    0.03%

    Click item/line to change chart

  • World

    19 January 2022   Updated : 07:12   AEDT

    FTSE100

    7563.55

    -47.68

    -0.63%

    DAX30

    15772.56

    -161.16

    -1.01%

    DJIA

    35453.69

    -458.12

    -1.28%

    S&P500

    4593.38

    -69.47

    -1.49%

    Nasdaq Comp

    14595.42

    -298.34

    -2.00%

    S&P500 VIX

    21.77

    +2.58

    13.44%

    US 10-year yield

    1.865

    +0.093

    5.250%

    USD Index

    95.26

    +0.09

    0.09%

  • Aus Stocks

    19 January 2022   Updated : 07:12   AEDT

    BHP (UK)

    2390.00

    -22.50

    -0.93%

    Rio (UK)

    5443.00

    +50.00

    0.93%

    BHP (US)

    66.51

    -0.46

    -0.69%

    Rio (US)

    75.78

    +0.36

    0.48%

    ResMed (US)

    241.13

    -11.06

    -4.39%

    South32 (UK)

    220.00

    -2.50

    -1.12%

    James Hardie (US)

    36.16

    -0.70

    -1.90%

    Telstra (US)

    15.22

    -0.03

    -0.20%

    Janus Henderson (US)

    40.27

    -0.77

    -1.88%

    Westpac (US)

    15.08

    -0.45

    -2.90%

    Newcrest (CA)

    22.40

    -0.54

    -2.35%

    Click item/line to change chart

  • Spot Metals & Minerals

    18 January 2022   Updated : 14:48   AEDT

    Gold (oz)

    1819.20

    +1.10

    0.06%

    Silver (oz)

    22.98

    +0.02

    0.09%

    Copper (lb)

    4.4319

    +0.01

    0.14%

    Aluminium (lb)

    1.3560

    +0.01

    0.41%

    Lead (lb)

    1.0707

    0.00

    -0.43%

    Nickel (lb)

    10.1216

    -0.07

    -0.73%

    Zinc (lb)

    1.6101

    -0.01

    -0.44%

    Copper (t)

    9771.00

    +14.00

    0.14%

    Aluminium (t)

    2989.00

    +12.00

    0.40%

    Lead (t)

    2360.00

    -10.00

    -0.42%

    Nickel (t)

    22314.00

    -164.00

    -0.73%

    Zinc (t)

    3550.00

    -16.00

    -0.45%

    Uranium (lb) weekly

    45.75

    -0.10

    -0.22%

  • Commodities Futures

    18 January 2022   Updated : 08:11   AEDT

    West Texas Crude

    84.30

    +0.48

    0.57%

    Brent Crude

    86.53

    +0.47

    0.55%

    Iron Ore (t)

    124.00

    -2.75

    -2.17%

CALENDAR

Wednesday, 19 January 2022
AU Westpac consumer confidence January
EZ German CPI Dec
AIQ ex-div 36c
BHP Q4 production report
KPG ex-div 36c (100%)
LYC Q4 production report
PL8 ex-div 50c (100%)
SEC ex-div 260c (100%)
WPL Q4 production report
Thursday, 20 January 2022
AU Employment data Dec
EZ Eurozone CPI Dec
EZ German PPI Dec

ALL WEATHER STOCKS

Code Company Price
COL COLES GROUP LIMITED

$16.49

CSL CSL LIMITED

$273.72

REA REA GROUP LIMITED

$154.44

RMD RESMED INC

$34.70

TNE TECHNOLOGY ONE LIMITED

$11.15

WEEKLY PDF

Stories To Read From FNArena


WEEK 51

WEEK 50

WEEK 49

WEEK 48

WEEK 47

FNARENA TALKS

FNARENA WINDOWS

Window on TELECOMMUNICATION

Positive Momentum Building For TPG

Michael Gable of Fairmont Equities suspects a buying opportunity in TPG Telecom

Jan 18 2022


Window on FINANCIAL SERVICES

Finance Faces Challenge Of Artificial Intelligence

With Australian finance services providers increasingly looking towards adoption of Artificial Intelligence, successful implementation of AI processes will be complicated and a question of timing in many instances

Jan 18 2022


Window on REITS

Australian Listed Real Estate Tables – 17-01-2022

Latest update of Australian listed real estate trusts (REIT) and property developers, including current pricing yield and valuation data, all neatly summarised in a ready-to-download table

Jan 17 2022


FEATURE STORIES

Australian Gold Stocks Undervalued

With the outlook for the gold price positive, analysts find Australian gold stocks underperforming on a historical basis, and outline their preferred exposures among large and small producers and developers

Dec 09 2021