FINANCIAL NEWS

The Wrap: BNPL; Beef, Aged Care; Tighter Lending; Lucky Australia

Weekly Broker Wrap: BNPL rankings; investor interest in beef; Aged Care RC; APRA to tighten lending; happy Aussies

Mar 05 2021


Weekly Top Ten News Stories – 5 March 2021

Our top ten news stories from 25 February 2021 to 04 March 2021

Mar 05 2021


Next Week At A Glance – 8-12 Mar 2021

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

Mar 05 2021


February 2021 Result Season: The Wrap

The February result season saw the average beat-to-miss ratio of forecasts absolutely smashed. Does that make it the best season ever?

Mar 05 2021


Coppertunities!

Amidst all the noise around lithium and graphite, The New Criterion’s Tim Boreham draws attention back to the red metal

Mar 05 2021


Macquarie rates CIA as Outperform

After incorporating the development of the Kami Project into forecasts (which underpins tripling of production by 2026), Macquarie raises the price target to $6.80 from $6. The analyst believes the company should be able to fund its organic growth.

The broker's FY21-24 earnings (EPS) estimates are unchanged, while FY25 forecasts increase by 6% on initial production and shipments from Kami. FY26 EPS estimates and beyond increase by 30-45% on a ramp-up in Kami production. The Outperform rating is retained.

Separately, Macquarie highlights the near-term outlook for the iron-ore market has improved with positive indicators on both demand and supply. The broker points to iron-ore restocking post Chinese new year and improvements in steel margins.

In a spot price scenario, there is earnings upside for miners with iron ore exposure and iron ore miners remain Macquarie's key picks.

UBS rates MIN as Buy

UBS expects the Mineral Resources' mining services business to grow to circa 860mt contract tonnes by end of 2022 from 429mt in 2019 led by growth in internal and external business.

On the flip side, the broker believes Mineral Resources is unlikely to deliver lower operating expense in FY21 versus FY20 due to lower than expected production and operational cost increases in the first half. The broker doesn't expect any material improvements until FY22.

The broker retains a Buy rating with the target rising to $44.50 from $44.

Morgans rates PAN as Upgrade to Add from Hold

In the wake of half year results, Morgans increases the rating to Add from Hold after updating commodity and FX assumptions and taking into account sale proceeds from the Panton PGM project. The target price is increased to $0.16 from $0.15

Based on strong commodity prices, the broker believes the board will approve a production re-start mid-year. There’s also considered upside from more efficient, lower cost mining and processing than previously estimated.

Click here to see full report

ANALYSIS & DATA

MARKET CONSENSUS FORECAST

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

ANZ | AUSTRALIA & NEW ZEALAND BANKING GROUP

Abbreviated format - see the full version here


LAST PRICE CHANGE +/- CHANGE % VOLUME

$28.84

05 Mar
2021

0.450

OPEN

$28.50

1.59%

HIGH

$28.86

10,318,856

LOW

$28.35

TARGET
$28.343 -1.7% downside
Franking for last dividend paid out: 100%
MARKET CONSENSUS FORECAST
ANZ: 1
Title FY19
Actual
FY20
Actual
FY21
Forecast
FY22
Forecast
EPS (cps) xxx 132.7 204.4 xxx
DPS (cps) xxx 60.0 131.9 xxx
EPS Growth xxx - 36.8% 54.1% xxx
DPS Growth xxx - 62.5% 100.0% xxx
PE Ratio xxx N/A 14.1 xxx
Dividend Yield xxx N/A 4.6% xxx
Div Pay Ratio(%) xxx 45.2% 64.5% xxx

RUDI ON TWITTER

FIND US ON
Facebooktwitter

DAILY FINANCIAL NEWS

Is EMH Set To Supply Clean Lithium To The EU?

SPONSORED: European Metals Holdings is currently developing the fully integrated Cinovec lithium, tin, tungsten deposit located in the northern Czech Republic

Mar 05 2021 - FYI


Despite disruptions caused to labour services by the pandemic, the key verticals of nursing and IT are expected to provide People Infrastructure with robust growth

Mar 05 2021 - Small Caps


A glimmer of light is emerging for Southern Cross Media as radio markets start to recover and a return to dividends is now on the horizon

Mar 04 2021 - Australia


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

Mar 04 2021 - Australia


During February the ASX200 recorded a fifth consecutive monthly rise with the materials and financial sectors leading the way

Mar 04 2021 - Australia


A slew of acquisitions and the trend for digitising communications have provided Over The Wire with the formula to sustain a strong earnings trajectory

Mar 04 2021 - Small Caps


RUDI'S VIEWS

Rudi’s View: A February For The Record Books

A February For The Record Books By Rudi Filapek-Vandyck, Editor FNArena It has been a while since a corporate results…

Mar 04 2021

DAILY MARKET REPORTS

The Overnight Report: Am I Bovvered?

The Fed chair sent Wall Street tanking again last night after implying he had no intention of stepping into bond markets. Dow down -345. (Available for non-subscribers after 10am)

Mar 05 2021


Today’s Financial Calendar – 05-03-2021

Significant Scheduled Events For 05 March, 2021

Mar 05 2021


Australian Broker Call *Extra* Edition – Mar 04, 2021

Extra Edition of the Broker Call Report

Mar 04 2021


The Overnight Report: Encore Performance

Last night’s action on Wall Street was almost a perfect replay of the night before. Dow down -121. (Available for non-subscribers after 10am)

Mar 04 2021


Today’s Financial Calendar – 04-03-2021

Significant Scheduled Events For 04 March, 2021

Mar 04 2021


The Overnight Report: Rotation Resumes

Late selling had all major US indices closing in the red last night but once again value outperformed growth. Dow down -143. (Available for non-subscribers after 10am)

Mar 03 2021


Today’s Financial Calendar – 03-03-2021

Significant Scheduled Events For 03 March, 2021

Mar 03 2021


WEEKLY REPORTS

Weekly Top Ten News Stories – 5 March 2021

Our top ten news stories from 25 February 2021 to 04 March 2021

Mar 05 2021

Next Week At A Glance – 8-12 Mar 2021

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

Mar 05 2021

Coppertunities!

Amidst all the noise around lithium and graphite, The New Criterion’s Tim Boreham draws attention back to the red metal

Mar 05 2021


The Wrap: BNPL; Beef, Aged Care; Tighter Lending; Lucky Australia

Weekly Broker Wrap: BNPL rankings; investor interest in beef; Aged Care RC; APRA to tighten lending; happy Aussies

Mar 05 2021

The Short Report – 04 Mar 2021

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

Mar 04 2021

Uranium Week: Uranium Sentiment Boost

As the uranium spot price continues to decline there are emerging signs of potential future demand

Mar 02 2021


Australian Listed Real Estate Tables – 01-03-2021

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

Mar 01 2021

Weekly Ratings, Targets, Forecast Changes – 26-02-21

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

Mar 01 2021

Weekly Top Ten News Stories – 26 February 2021

Our top ten news stories from 18 February 2021 to 25 February 2021

Feb 26 2021


RUDI ON TWITTER

FIND US ON
Facebooktwitter

THE MARKETS

    Click item/line to change chart

  • Australia

    06 March 2021   Updated : 20:12   AEDT

    SPI Overnight (Mar)

    6736.00

    -17.00

    -0.25%

    All Ordinaries

    6943.00

    -57.60

    -0.82%

    S&P ASX 200

    6710.80

    -49.90

    -0.74%

    S&P ASX 300

    6691.60

    -52.80

    -0.78%

    Consumer Discretionary

    2937.30

    -29.10

    -0.98%

    Consumer Staples

    12218.10

    +44.30

    0.36%

    Energy

    8575.00

    +235.50

    2.82%

    Financials

    6087.30

    +3.20

    0.05%

    Health Care

    38068.40

    -908.70

    -2.33%

    Industrials

    5659.10

    -36.60

    -0.64%

    Info Technology

    1960.00

    -31.40

    -1.58%

    Materials

    16149.40

    -327.10

    -1.99%

    Telecommunication

    1287.60

    -6.20

    -0.48%

    Utilities

    5895.50

    +50.60

    0.87%

  • Asia

    06 March 2021   Updated : 20:12   AEDT

    NZ50

    9214.870

    -42.310

    -0.460%

    Nikkei 225

    28864.32

    -65.79

    -0.23%

    Hang Seng

    29098.29

    -138.50

    -0.47%

    Click item/line to change chart

  • Australasia

    06 March 2021   Updated : 20:12   AEDT

    AUD/USD

    0.7687

    +0.00

    0.04%

    AUD/NZD

    1.0729

    0.00

    -0.17%

    NZD/USD

    0.7165

    +0.00

    0.18%

    AUD/JPY

    83.29

    -0.03

    -0.03%

    SGD/AUD

    0.97

    0.00

    -0.21%

    AUD/EUR

    0.6451

    +0.00

    0.17%

    AUD/GBP

    0.5557

    +0.00

    0.11%

    AUDCAD

    0.9728

    0.00

    -0.21%

  • World

    06 March 2021   Updated : 20:12   AEDT

    CAD/USD

    0.7902

    +0.00

    0.24%

    EUR/JPY

    129.12

    -0.27

    -0.21%

    EUR/USD

    1.1916

    0.00

    -0.15%

    GBP/USD

    1.3840

    0.00

    -0.02%

    USD/JPY

    108.41

    -0.02

    -0.01%

    Click item/line to change chart

  • World

    06 March 2021   Updated : 20:12   AEDT

    FTSE100

    6630.52

    -20.36

    -0.31%

    DAX30

    13920.69

    -135.65

    -0.97%

    DJIA

    31496.30

    +572.16

    1.85%

    S&P500

    3841.94

    +73.47

    1.95%

    Nasdaq Comp

    12920.15

    +196.68

    1.55%

    S&P500 VIX

    24.66

    -3.91

    -13.69%

    US 10-year yield

    1.554

    +0.004

    0.260%

    USD Index

    91.64

    +0.72

    0.79%

  • Aus Stocks

    06 March 2021   Updated : 20:12   AEDT

    BHP (UK)

    2194.50

    -22.00

    -0.99%

    Rio (UK)

    5854.00

    -24.00

    -0.41%

    BHP (US)

    76.37

    +0.37

    0.49%

    Rio (US)

    83.64

    +1.74

    2.12%

    ResMed (US)

    185.05

    +2.00

    1.09%

    South32 (UK)

    159.40

    -1.30

    -0.81%

    James Hardie (US)

    28.97

    -0.31

    -1.06%

    Telstra (US)

    12.02

    +0.07

    0.59%

    Janus Henderson (US)

    29.86

    +1.06

    3.68%

    Westpac (US)

    19.39

    +0.24

    1.25%

    Newcrest (CA)

    22.40

    -0.66

    -2.86%

    Click item/line to change chart

  • Spot Metals & Minerals

    05 March 2021   Updated : 08:48   AEDT

    Gold (oz)

    1694.90

    -20.00

    -1.17%

    Silver (oz)

    25.29

    -0.90

    -3.44%

    Copper (lb)

    4.0831

    -0.09

    -2.16%

    Aluminium (lb)

    0.9673

    -0.02

    -2.42%

    Lead (lb)

    0.9076

    -0.02

    -2.06%

    Nickel (lb)

    7.5665

    -0.34

    -4.32%

    Zinc (lb)

    1.2241

    -0.03

    -2.55%

    Copper (t)

    9002.00

    -199.00

    -2.16%

    Aluminium (t)

    2133.00

    -53.00

    -2.42%

    Lead (t)

    2001.00

    -42.00

    -2.06%

    Nickel (t)

    16681.00

    -753.00

    -4.32%

    Zinc (t)

    2699.00

    -71.00

    -2.56%

    Uranium (lb) weekly

    28.25

    -1.10

    -3.75%

  • Commodities Futures

    05 March 2021   Updated : 08:48   AEDT

    West Texas Crude

    64.13

    +2.83

    4.62%

    Brent Crude

    67.05

    +2.93

    4.57%

    Iron Ore (t)

    178.45

    -

    -

CALENDAR

Monday, 8 March 2021
EZ Germany industrial production, Jan
IMD ex-div 1c (100%)
KGN ex-div 16c (100%)
NCK ex-div 40c (100%)
NST ex-div 9.5c (100%)
REA ex-div 59c (100%)
RHC ex-div 48.5c (100%)
SIQ ex-div 5.5c (100%)
Tuesday, 9 March 2021
NZ business confidence, Mar
AU NAB business confidence, Feb
ADH ex-div 13c (100%)
ILU ex-div 2c (100%)

ALL WEATHER STOCKS

Code Company Price
COL COLES GROUP LIMITED

$15.50

CSL CSL LIMITED

$248.58

REA REA GROUP LIMITED

$135.89

RMD RESMED INC

$23.96

TNE TECHNOLOGYONE LIMITED

$8.60

WEEKLY PDF

Stories To Read From FNArena


WEEK 10

WEEK 9

WEEK 8

WEEK 7

WEEK 6

FNARENA TALKS

FNARENA WINDOWS

Window on COPPER

Coppertunities!

Amidst all the noise around lithium and graphite, The New Criterion’s Tim Boreham draws attention back to the red metal

Mar 05 2021


Window on JOBS & SKILLED LABOUR SERVICES

People Infrastructure Emerges With Growth

Despite disruptions caused to labour services by the pandemic, the key verticals of nursing and IT are expected to provide People Infrastructure with robust growth

Mar 05 2021


Window on PRINT, RADIO & TV

Radio Recovery Lights Up Southern Cross Media

A glimmer of light is emerging for Southern Cross Media as radio markets start to recover and a return to dividends is now on the horizon

Mar 04 2021


FEATURE STORIES

February 2021 Result Season: The Wrap

The February result season saw the average beat-to-miss ratio of forecasts absolutely smashed. Does that make it the best season ever?

Mar 05 2021