FINANCIAL NEWS

Treasure Chest: Telstra Group

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Telstra Group

2:02 PM


FNArena Corporate Results Monitor – 03-09-2026

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

11:38 AM


Collins Foods Finds Firmer Footing In Europe

Collins Foods’ Australian business remains resilient while improving sales trends in Germany and the Netherlands are providing early evidence its challenged European operations may be turning a corner

11:22 AM


The Short Report – 03 Sep 2026

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

10:30 AM


NextDC’s $1bn Profit By FY30

After three years of heavy data centre investment, NextDC has reached an inflection point from which earnings are set to accelerate

10:00 AM


Citi rates ARB as Neutral

Citi views changes to ARB Corp's executive remuneration positively, with higher EPS growth hurdles and a greater proportion of incentives linked to performance.

The broker believes, however, that the EPS targets could be more ambitious given ARB's growth potential.

Stronger growth targets are considered important for the shares to regain the 30x-plus PE multiple they have historically commanded.

Neutral. Target $22.50.

Morgans rates IFN as Buy

Infragreen Group announced a better 2H26 result according to Morgans. EBITDA rose 29% y/y and up 27% on the prior half but some 4% below management's revised guidance for FY26.

The underlying cash flow rose to $11.7m from $8.5m on FY25, as well as the final fully franked DPS of 0.5c, are viewed by the analyst as the highlights.

The company added three bolt-on acquisitions over the FY26 period within Pure, and the opportunities around platform expansion continue, the broker highlights.

EPS forecasts are lowered by -5.8% for FY27 and -8.1% for FY28. The group is viewed as an attractive way to gain exposure to Australia's sustainability transition. Target price rises to $1.10 from $1. Buy maintained.

Bell Potter rates NUF as Buy

Bell Potter sees continued evidence of margin recovery across Nufarm's crop protection peers, as lower-cost inventory flows through cost of goods sold, despite subdued pricing and volumes.

Upside potential for Nufarm's Seeds business (Nuseed) is also seen from omega-3, with fish oil supplies tight and pricing indicators reaching levels consistent with previous peaks.

Improved Australian seasonal conditions and expectations for strong South American sorghum plantings are also expected to support the Seeds business.

Bell Potter raises its target to $3.75 from $3.60 and retains its Buy rating.

Click here to see full report market arrow icon

ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

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

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICECHANGE +/-CHANGE %VOLUME

$37.51

02 Sep
2026

market green arrow 0.170

OPEN

$37.00

market green arrow 0.46%

HIGH

$37.61

4,279,571

LOW

$36.84

TARGET
$35.630-5.0% downside
Franking for last dividend paid out: 75%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps)xxx 198.2 247.3xxx
DPS (cps)xxx 166.0 166.7xxx
EPS Growthxxx- 9.1% 24.8%xxx
DPS Growthxxx 0.0% 0.4%xxx
PE RatioxxxN/A 15.4xxx
Dividend YieldxxxN/A 4.4%xxx
Div Pay Ratio(%)xxx 83.8% 67.4%xxx

FOLLOW US ON SOCIAL MEDIA

9.2K Followers
26.9K Posts
@Filapek
Rudi Filapek-Vandyck@Filapek
2d
Moelis on Kingsgate Consolidated $KCN: "The most likely element of this result to catch people's attention will be the dividend. "As the gold price rebounds (over the last 4-6 weeks), companies like KCN without any obvious growth plans and a solid balance sheet may look to use
@Filapek
Rudi Filapek-Vandyck@Filapek
2d
Citi on Austal $ASB: "FY26 revenue growth of 11% to $2.0 billion (-8% below VA Consensus), but profitability deteriorated materially, with a net loss of -$53.6 million versus a profit in the prior period. "FY26 EBIT of -$125 million was below what the company pre-reported on
@Filapek
Rudi Filapek-Vandyck@Filapek
2d
Moelis on Black Cat Syndicate $BC8: "While we anticipated a clunky result, both the revenue and underlying NPAT were broadly as expected. "The activities of the business through FY26 involved significant toll treatment at Lakewood, with various customers on different commercial
@Filapek
Rudi Filapek-Vandyck@Filapek
2d
RBC Capital on Monash IVF Group $MVF: "MVF delivered a FY26 result that reflects a challenging fiscal year for the business. "The company missed consensus (-12%), RBCe (-8%) and their own guidance (-8% at the midpoint) for underlying NPAT but includes the $1.4m impact of the
@Filapek
Rudi Filapek-Vandyck@Filapek
2d
Succinct observation by Ed Yardeni: "The AI-linked markets that led all year are leading again. "The laggards are markets with domestic problems, not those exposed to the global business cycle."#equities#investing#XJO#stocks
@Filapek
Rudi Filapek-Vandyck@Filapek
5d
How do we summarise the tail end of the August results season?#stocks#XJO@FNArena#equities#investing Answer: https://t.co/jg0CQrVuso
Tweet media
@Filapek
Rudi Filapek-Vandyck@Filapek
5d
Not unexpected, as this is traditionally always the case, the tail end of reporting season sees corporate results trending towards more misses than beats.https://t.co/pdGbTzmwWS#XJO#stocksinfocus@FNArena#equities#investing
@Filapek
Rudi Filapek-Vandyck@Filapek
5d
Jarden on Dicker Data Limited $DDR: "Rating: Overweight | Target Price: A$10.60 "•1H26 NPAT beat consensus by 15%, driven primarily by gross margin expansion to 9.8% (vs. 9.4% expected) and revenue growth of 14% y/y (1% ahead of consensus) "•CY26 PBT guidance of $162-165m
@Filapek
Rudi Filapek-Vandyck@Filapek
5d
Jarden on PEXA Group $PXA: "Rating: Underweight | Target Price: A$9.20 "•FY26 result showed exchange volumes weakening significantly, with growth slowing to +2% y/y from +7% in 3Q26, and July 2026 down -15% y/y. "•FY27E guidance materially below expectations: revenue
@Filapek
Rudi Filapek-Vandyck@Filapek
5d
Barrenjoey on Pexa Group $PXA: ": Solid FY26 result with uEBITDA and NPATA 2% and 8% ahead respectively, FCF materially better. "FY27 guidance acknowledges material uncertainty around the Australian housing market, including recent tax changes and PXA has provided transfer
FIND FNARENA ON

DAILY FINANCIAL NEWS

Treasure Chest: Telstra Group

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Telstra Group

2:02 PM - Treasure Chest


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

11:38 AM - Australia


Collins Foods’ Australian business remains resilient while improving sales trends in Germany and the Netherlands are providing early evidence its challenged European operations may be turning a corner

11:22 AM - Australia


After three years of heavy data centre investment, NextDC has reached an inflection point from which earnings are set to accelerate

10:00 AM - Australia


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

Sep 02 2026 - Australia


August delivered a few positive surprises with standout performances from Materials (Gold) and Healthcare with cost cutting boosting corporate margins generally

Sep 02 2026 - Australia


rudi fnarena picture

RUDI'S VIEWS

Rudi’s View: Resilient, But August Fails To Excite

Preliminary assessment of the August results season, with notes, stats and observations

Sep 02 2026

DAILY MARKET REPORTS

The Overnight Report: Yields Ease, Markets Up

A global perspective on what happened overnight

8:44 AM


Today’s Financial Calendar – 03-09-2026

Significant Scheduled Events For 03 September, 2026

8:15 AM


ASX Winners And Losers Of Today – 02-09-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 02 2026


Australian Broker Call *Extra* Edition – Sep 02, 2026

Extra Edition of the Broker Call Report

Sep 02 2026


The Overnight Report: Yields Up, Markets Down

A global perspective on what happened overnight

Sep 02 2026


Today’s Financial Calendar – 02-09-2026

Significant Scheduled Events For 02 September, 2026

Sep 02 2026


ASX Winners And Losers Of Today – 01-09-26

The table inside ranks the 20 biggest percentage winners and losers among stocks in the ASX300 at the end of each trading day

Sep 01 2026


WEEKLY REPORTS

The Short Report – 03 Sep 2026

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

10:30 AM

Uranium Week: Can U308 Feed The AI Machine?

AI data centre infrastructure’s burgeoning energy needs strengthen the long-term uranium outlook, while Boss and Paladin face contrasting operational, funding and valuation challenges

Sep 01 2026

Weekly Update On LICs & LITs – 01-Sep-2026

Weekly update of Listed Investment Companies (LICs) & Listed Investment Trusts (LITs) on the ASX

Sep 01 2026


Australian Listed Real Estate Tables – 31-08-2026

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

Aug 31 2026

Weekly Ratings, Targets, Forecast Changes – 28-08-26

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

Aug 31 2026

Next Week At A Glance – 31 Aug – 4 Sep 2026

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

Aug 28 2026


In Case You Missed It – BC Extra Upgrades & Downgrades – 28-08-26

A summary of the highlights from Broker Call Extra updates throughout the week past

Aug 28 2026

Weekly Top Ten News Stories – 28 August 2026

Our top ten news stories from 20 August 2026 to 27 August 2026

Aug 28 2026

In Brief: Nuix, Abacus Group & NetWealth Group

This week’s In Brief focuses on three turnaround stories: Nuix, Abacus as management restructures its assets, and Netwealth, viewed as structurally sound but cyclically impaired

Aug 28 2026


9.2K Followers
26.9K Posts
@Filapek
Rudi Filapek-Vandyck @Filapek
3d
Moelis on Kingsgate Consolidated $KCN: "The most likely element of this result to catch people's attention will be the dividend. "As the gold price rebounds (over the last 4-6 weeks), companies like KCN without any obvious growth plans and a solid balance sheet may look to use
@Filapek
Rudi Filapek-Vandyck @Filapek
3d
Citi on Austal $ASB: "FY26 revenue growth of 11% to $2.0 billion (-8% below VA Consensus), but profitability deteriorated materially, with a net loss of -$53.6 million versus a profit in the prior period. "FY26 EBIT of -$125 million was below what the company pre-reported on
@Filapek
Rudi Filapek-Vandyck @Filapek
3d
Moelis on Black Cat Syndicate $BC8: "While we anticipated a clunky result, both the revenue and underlying NPAT were broadly as expected. "The activities of the business through FY26 involved significant toll treatment at Lakewood, with various customers on different commercial
@Filapek
Rudi Filapek-Vandyck @Filapek
3d
RBC Capital on Monash IVF Group $MVF: "MVF delivered a FY26 result that reflects a challenging fiscal year for the business. "The company missed consensus (-12%), RBCe (-8%) and their own guidance (-8% at the midpoint) for underlying NPAT but includes the $1.4m impact of the
@Filapek
Rudi Filapek-Vandyck @Filapek
3d
Succinct observation by Ed Yardeni: "The AI-linked markets that led all year are leading again. "The laggards are markets with domestic problems, not those exposed to the global business cycle." #equities #investing #XJO #stocks
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
How do we summarise the tail end of the August results season? #stocks #XJO @FNArena #equities #investing Answer: https://t.co/jg0CQrVuso
Tweet media
@Filapek
Rudi Filapek-Vandyck @Filapek
5d
Not unexpected, as this is traditionally always the case, the tail end of reporting season sees corporate results trending towards more misses than beats. https://t.co/pdGbTzmwWS #XJO #stocksinfocus @FNArena #equities #investing
@Filapek
Rudi Filapek-Vandyck @Filapek
6d
Jarden on Dicker Data Limited $DDR: "Rating: Overweight | Target Price: A$10.60 "•1H26 NPAT beat consensus by 15%, driven primarily by gross margin expansion to 9.8% (vs. 9.4% expected) and revenue growth of 14% y/y (1% ahead of consensus) "•CY26 PBT guidance of $162-165m
@Filapek
Rudi Filapek-Vandyck @Filapek
6d
Jarden on PEXA Group $PXA: "Rating: Underweight | Target Price: A$9.20 "•FY26 result showed exchange volumes weakening significantly, with growth slowing to +2% y/y from +7% in 3Q26, and July 2026 down -15% y/y. "•FY27E guidance materially below expectations: revenue
@Filapek
Rudi Filapek-Vandyck @Filapek
6d
Barrenjoey on Pexa Group $PXA: ": Solid FY26 result with uEBITDA and NPATA 2% and 8% ahead respectively, FCF materially better. "FY27 guidance acknowledges material uncertainty around the Australian housing market, including recent tax changes and PXA has provided transfer
FIND FNARENA ON

THE MARKETS

    Click item/line to change chart

  • Australia

    03 September 2026   Updated : 14:12   AEDT

    SPI Overnight

    8979.00

    +38.00

    0.43%

    NZ50

    13910.030

    -20.540

    -0.150%

    All Ordinaries

    9200.90

    +40.60

    0.44%

    S&P ASX 200

    9020.90

    +42.50

    0.47%

    S&P ASX 300

    8945.90

    +39.00

    0.44%

    Communication Services

    1576.00

    +2.30

    0.15%

    Consumer Discretionary

    3610.60

    -9.40

    -0.26%

    Consumer Staples

    13289.00

    -29.70

    -0.22%

    Energy

    11007.10

    -140.90

    -1.26%

    Financials

    9374.80

    +97.30

    1.05%

    Health Care

    31890.50

    +167.00

    0.53%

    Industrials

    8054.90

    +11.50

    0.14%

    Info Technology

    1794.10

    -10.50

    -0.58%

    Materials

    25560.60

    +169.50

    0.67%

    Real Estate

    3328.40

    -8.60

    -0.26%

    Utilities

    10268.20

    +2.40

    0.02%

    A-REITs

    1548.50

    -3.90

    -0.25%

    All Technology Index

    2944.20

    -11.70

    -0.40%

    Banks

    3951.50

    +57.40

    1.47%

    Gold Index

    19553.20

    +500.00

    2.62%

    Metals & Mining

    8820.80

    +60.20

    0.69%

    Click item/line to change chart

  • Australasia

    03 September 2026   Updated : 14:12   AEDT

    AUD/USD

    0.7171

    +0.00

    0.67%

    AUD/NZD

    1.2232

    0.00

    -0.31%

    NZD/USD

    0.5863

    +0.01

    1.02%

    AUD/JPY

    113.18

    -0.71

    -0.62%

    SGD/AUD

    1.10

    0.00

    -0.31%

    AUD/EUR

    0.6183

    +0.00

    0.42%

    AUD/GBP

    0.5313

    +0.00

    0.57%

    AUDCAD

    0.9915

    0.00

    -0.11%

  • World

    03 September 2026   Updated : 14:12   AEDT

    CAD/USD

    0.7231

    +0.01

    0.77%

    EUR/JPY

    183.03

    -1.97

    -1.06%

    EUR/USD

    1.1596

    +0.00

    0.21%

    GBP/USD

    1.3494

    +0.00

    0.08%

    USD/JPY

    157.84

    -2.04

    -1.28%

    Click item/line to change chart

  • World

    03 September 2026   Updated : 14:12   AEDT

    FTSE100

    10756.45

    -32.83

    -0.30%

    DAX30

    25839.33

    -130.78

    -0.50%

    Hang Seng

    25317.49

    +6.28

    0.02%

    Nikkei 225

    64566.23

    +240.59

    0.37%

    NZ50

    13910.030

    -20.540

    -0.150%

    DJIA

    53061.95

    +295.07

    0.56%

    S&P500

    7666.60

    +35.13

    0.46%

    Nasdaq Comp

    26217.83

    +118.05

    0.45%

    S&P500 VIX

    15.20

    -1.14

    -6.98%

    US 10-year yield

    4.796

    0.000

    0.000%

    USD Index

    99.56

    -0.10

    -0.10%

  • Aus Stocks

    03 September 2026   Updated : 14:12   AEDT

    Amcor (US)

    46.68

    +0.86

    1.88%

    Newmont (US)

    125.16

    +2.53

    2.06%

    Rio Tinto (UK)

    7508.00

    -73.00

    -0.96%

    BHP Group (US)

    93.43

    +0.61

    0.66%

    Rio Tinto (US)

    102.75

    +0.89

    0.87%

    ResMed (US)

    230.87

    -0.49

    -0.21%

    South32 (UK)

    272.40

    -1.00

    -0.37%

    James Hardie (US)

    28.46

    -0.11

    -0.39%

    Janus Henderson (US)

    51.95

    -0.02

    -0.04%

    Click item/line to change chart

  • Metals & Minerals

    03 September 2026   Updated : 07:17   AEDT

    Gold (oz)

    4387.80

    +59.37

    1.37%

    Silver (oz)

    65.33

    +1.26

    1.97%

    Copper (lb)

    6.5200

    +0.08

    1.24%

    Aluminium (lb)

    1.4796

    +1.48

    0.00%

    Nickel (lb)

    7.5000

    +0.08

    1.10%

    Zinc (lb)

    1.8671

    +1.87

    0.00%

    Copper (t)

    14370.08

    +176.32

    1.24%

    Aluminium (t)

    3261.00

    +3261.00

    0.00%

    Nickel (t)

    16530.00

    +180.00

    1.10%

    Zinc (t)

    4115.00

    +4115.00

    0.00%

    Uranium (lb) weekly

    89.20

    -0.30

    -0.34%

    Iron Ore (t)

    97.72

    -1.61

    -1.62%

  • Energy

    03 September 2026   Updated : 07:17   AEDT

    West Texas Crude

    90.58

    -0.07

    -0.08%

    Brent Crude

    95.26

    +0.07

    0.07%

CALENDAR

Thursday, 3 September 2026
NZ 2Q ToT
AU Aug PMI (final)
AU July Trade Bal
AU RBA Assistant Governor Jones panel
JP Aug PMI (final)
CH Aug Caixin PMI
EZ Aug PMI (final)
EZ July PPI
UK Aug PMI (final)
US 2Q ULC (final)
US Aug ISM services
US July Trade Bal
XX Global PMIs

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon down$25.55

REAREA GROUP LIMITED

market icon down$165.80

RMDRESMED INC

market icon up$32.32

TNETECHNOLOGY ONE LIMITED

market icon down$30.87

WOWWOOLWORTHS GROUP LIMITED

market icon up$39.86

WEEKLY PDF

Stories To Read From FNArena


WEEK 35
icon pdf

WEEK 34
icon pdf

WEEK 33
icon pdf

WEEK 32
icon pdf

WEEK 31
icon pdf

FNARENA TALKS

FNARENA WINDOWS

Window on TELECOMMUNICATION

Treasure Chest: Telstra Group

FNArena’s Treasure Chest reports on money making ideas from stockbrokers and other experts. Today’s idea is Telstra Group

2:02 PM


Window on FOOD, BEVERAGES & TOBACCO

Collins Foods Finds Firmer Footing In Europe

Collins Foods’ Australian business remains resilient while improving sales trends in Germany and the Netherlands are providing early evidence its challenged European operations may be turning a corner

11:22 AM


Window on CLOUD SERVICES

NextDC’s $1bn Profit By FY30

After three years of heavy data centre investment, NextDC has reached an inflection point from which earnings are set to accelerate

10:00 AM


GEN AI

NextDC’s $1bn Profit By FY30

After three years of heavy data centre investment, NextDC has reached an inflection point from which earnings are set to accelerate

10:00 AM


FEATURE STORIES

Australian Banks, Bad Debts And The Budget

The March quarter turned sour for the banks and bad debt provisions were increased, ahead of a federal budget that will have significant impact on mortgage demand

May 20 2026