FINANCIAL NEWS

The Market In Numbers – 3 Jun 2023

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

Jun 03 2023


ASX Winners And Losers Of Today – 02-06-23

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

Jun 02 2023


ESG Focus: Care Needed In Ethical Investment

Tim Boreham warns not all so-called ethical or ESG funds and ETFs are what they seem

Jun 02 2023


FNArena Corporate Results Monitor – 02-06-2023

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

Jun 02 2023


Weekly Top Ten News Stories – 2 June 2023

Our top ten news stories from 25 May 2023 to 01 June 2023

Jun 02 2023


Morgans rates MIN as Add

Given Mineral Resources is mid investment/cap phase, Morgans observes the share price is relatively sensitive to a sell-off in the resources sector. This is currently occurring due to a slower Chinese growth recovery story than expected.

While keeping its Add rating, the broker sees short-term risk to its FY23 estimate, and lowers its target to $93 from $103. Lower prices are also assumed for lithium carbonate and lithium hydroxide.

Gearing may appear high, yet the analyst doesn't believe the company will resort to a capital raise. It's noted capex spending can be timed as Mineral Resources is the operator for the majority of its assets.

Bell Potter rates RAD as Speculative Buy

Radiopharm Theranostics has provided an update for its lead asset GaTrivehexin (RAD301) for the imaging of pancreatic ductal adenocarcinoma (PDAC).

Bell Potter expects headline data as soon as the 2H of 2023 due to the small patient numbers being recruited for the soon-to-commence phase 1 study. The data is expected to be instructive for a future approval study.

The results are also important as the pipeline asset is RAD302, which utilises the same molecule radiolabelled with isotope non-carrier-added lutetium-177 (Lu-177) for therapy purposes, the broker clarifies.

The Speculative Buy rating and 25c target are unchanged.

UBS rates TAH as Neutral

Tabcorp has reiterated its targets and flagged trading will be more challenging in the current year amid lower consumer confidence and cost-of-living pressures as well as regulatory scrutiny.

The lack of guidance this late in FY23 may signal, UBS asserts, that the company is relatively comfortable with consensus expectations. The broker retains a Neutral rating and $1.09 target.

Click here to see full report

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 PRICE CHANGE +/- CHANGE % VOLUME

$22.77

02 Jun
2023

0.040

OPEN

$22.84

0.18%

HIGH

$22.87

9,769,945

LOW

$22.58

TARGET
$26.407 16.0% upside
Franking for last dividend paid out: 100%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
Title FY21
Actual
FY22
Actual
FY23
Forecast
FY24
Forecast
EPS (cps) xxx 250.0 240.3 xxx
DPS (cps) xxx 145.4 162.5 xxx
EPS Growth xxx 16.1% - 3.9% xxx
DPS Growth xxx 3.2% 11.7% xxx
PE Ratio xxx N/A 9.5 xxx
Dividend Yield xxx N/A 7.1% xxx
Div Pay Ratio(%) xxx 58.2% 67.6% xxx

DAILY FINANCIAL NEWS

The Market In Numbers – 3 Jun 2023

Overviews in raw numbers and calculations that might assist investors with assessing trends and currents that might not be apparent from daily volatility and movements

Jun 03 2023 - Australia


Tim Boreham warns not all so-called ethical or ESG funds and ETFs are what they seem

Jun 02 2023 - ESG Focus


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

Jun 02 2023 - Australia


Canberra’s move to regulate BNPL as credit will affect the industry in Australia

Jun 01 2023 - Australia


For those that really need to understand how their investments work, and with some estimates suggesting a fusion breakthrough as early as 2025, we examine the nuts and bolts of fusion and the latest private sector innovations

Jun 01 2023 - ESG Focus


Recent broker research and corporate activity suggest a bullish outlook for lithium

Jun 01 2023 - Commodities


RUDI'S VIEWS

Rudi’s View: A Lesson In Quality, And Investing

By Rudi Filapek-Vandyck, Editor As investors, we all like to snap up a cheap bargain. But the truth is, cheaply…

May 31 2023

DAILY MARKET REPORTS

ASX Winners And Losers Of Today – 02-06-23

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

Jun 02 2023


The Overnight Report: One More Hurdle

One down, one to go as the US debt bill moves to the Senate. Wall Street up 1%. (Available for non-subscribers after 10am)

Jun 02 2023


Today’s Financial Calendar – 02-06-2023

Significant Scheduled Events For 02 June, 2023

Jun 02 2023


ASX Winners And Losers Of Today – 01-06-23

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

Jun 01 2023


Australian Broker Call *Extra* Edition – Jun 01, 2023

Extra Edition of the Broker Call Report

Jun 01 2023


The Overnight Report: Debt And Debt Issuance

End-of-month profit-taking, debt ceiling caution, Fed policy and debt issuance concerns conspired to send Wall Street down -0.6% last night. (Available for non-subscribers after 10am)

Jun 01 2023


Today’s Financial Calendar – 01-06-2023

Significant Scheduled Events For 01 June, 2023

Jun 01 2023


WEEKLY REPORTS

Weekly Top Ten News Stories – 2 June 2023

Our top ten news stories from 25 May 2023 to 01 June 2023

Jun 02 2023

Next Week At A Glance – 5-9 Jun 2023

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

Jun 02 2023

In Brief: Banks, Beef, Housing Construction & The US Economy

Weekly Broker Wrap: Technology for banks; lower beef prices; the next housing construction boom; housing developers & the US debt ceiling

Jun 02 2023


The Short Report – 01 Jun 2023

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

Jun 01 2023

Uranium Week: Prices Rise On Low Volume

While the uranium spot price rose last week, volumes remain weak despite legislative threats to supply

May 30 2023

Australian Listed Real Estate Tables – 29-05-2023

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

May 29 2023


Weekly Ratings, Targets, Forecast Changes – 26-05-23

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

May 29 2023

Weekly Top Ten News Stories – 26 May 2023

Our top ten news stories from 18 May 2023 to 25 May 2023

May 26 2023

Next Week At A Glance – 29 May-2 June 2023

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

May 26 2023


THE MARKETS

    Click item/line to change chart

  • Australia

    05 June 2023   Updated : 07:12   AEDT

    SPI Overnight

    7172.00

    +47.00

    0.66%

    NZ50

    11880.900

    -35.230

    -0.300%

    All Ordinaries

    7331.20

    +40.50

    0.56%

    S&P ASX 200

    7145.10

    +34.30

    0.48%

    S&P ASX 300

    7102.80

    +36.10

    0.51%

    Communication Services

    1554.50

    -7.30

    -0.47%

    Consumer Discretionary

    2901.80

    +2.70

    0.09%

    Consumer Staples

    12877.20

    -165.70

    -1.27%

    Energy

    10806.20

    +131.40

    1.23%

    Financials

    6019.20

    -10.70

    -0.18%

    Health Care

    44499.20

    -243.70

    -0.54%

    Industrials

    6785.70

    -34.20

    -0.50%

    Info Technology

    1798.00

    +11.70

    0.65%

    Materials

    17644.00

    +420.20

    2.44%

    Real Estate

    3119.30

    +16.40

    0.53%

    Utilities

    8623.10

    +49.50

    0.58%

    A-REITs

    1391.60

    +7.70

    0.56%

    All Technology Index

    2405.00

    +14.40

    0.60%

    Banks

    2416.80

    -4.10

    -0.17%

    Gold Index

    7190.20

    +209.30

    3.00%

    Metals & Mining

    5927.30

    +155.20

    2.69%

    Click item/line to change chart

  • Australasia

    05 June 2023   Updated : 07:12   AEDT

    AUD/USD

    0.6607

    0.00

    -0.20%

    AUD/NZD

    1.0862

    0.00

    -0.39%

    NZD/USD

    0.6062

    0.00

    -0.02%

    AUD/JPY

    92.48

    -0.12

    -0.13%

    SGD/AUD

    1.12

    +0.00

    0.03%

    AUD/EUR

    0.6171

    +0.00

    0.03%

    AUD/GBP

    0.5307

    +0.00

    0.09%

    AUDCAD

    0.8869

    0.00

    -0.20%

  • World

    05 June 2023   Updated : 07:12   AEDT

    CAD/USD

    0.7450

    +0.00

    0.03%

    EUR/JPY

    149.89

    -0.23

    -0.15%

    EUR/USD

    1.0709

    0.00

    -0.15%

    GBP/USD

    1.2450

    0.00

    0.00%

    USD/JPY

    139.97

    +0.01

    0.01%

    Click item/line to change chart

  • World

    05 June 2023   Updated : 07:12   AEDT

    FTSE100

    7607.28

    +117.01

    1.56%

    DAX30

    16051.23

    +197.57

    1.25%

    Hang Seng

    18949.94

    +733.03

    4.02%

    Nikkei 225

    31524.22

    +376.21

    1.21%

    DJIA

    33762.76

    +701.19

    2.12%

    S&P500

    4282.37

    +61.35

    1.45%

    Nasdaq Comp

    13240.77

    +139.78

    1.07%

    S&P500 VIX

    14.60

    -1.05

    -6.71%

    US 10-year yield

    3.691

    +0.083

    2.300%

    USD Index

    103.56

    -0.68

    -0.65%

  • Aus Stocks

    05 June 2023   Updated : 07:12   AEDT

    Amcor (US)

    9.97

    +0.25

    2.57%

    Rio (UK)

    4995.45

    +109.45

    2.24%

    BHP (US)

    58.72

    +2.33

    4.13%

    Rio (US)

    63.17

    +2.12

    3.47%

    ResMed (US)

    220.64

    +2.02

    0.92%

    South32 (UK)

    210.29

    +8.29

    4.10%

    James Hardie (US)

    25.80

    +0.57

    2.26%

    Janus Henderson (US)

    27.26

    +0.44

    1.64%

    Newcrest (CA)

    23.69

    -0.08

    -0.34%

    Click item/line to change chart

  • Metals & Minerals

    02 June 2023   Updated : 07:31   AEDT

    Gold (oz)

    1977.40

    +15.00

    0.76%

    Silver (oz)

    23.86

    +0.37

    1.58%

    Copper (lb)

    3.6943

    +0.05

    1.33%

    Aluminium (lb)

    1.0307

    +0.02

    2.17%

    Nickel (lb)

    9.5670

    +0.31

    3.39%

    Zinc (lb)

    1.0346

    +0.02

    1.50%

    Copper (t)

    8145.00

    +107.00

    1.33%

    Aluminium (t)

    2272.00

    +48.00

    2.16%

    Nickel (t)

    21092.00

    +691.00

    3.39%

    Zinc (t)

    2281.00

    +34.00

    1.51%

    Uranium (lb) weekly

    54.50

    +0.75

    1.40%

    Iron Ore (t)

    104.50

    +3.13

    3.09%

  • Energy

    02 June 2023   Updated : 07:31   AEDT

    West Texas Crude

    70.10

    +2.01

    2.95%

    Brent Crude

    74.30

    +1.64

    2.26%

CALENDAR

Monday, 5 June 2023
NZ markets closed
AU ANZ job ads, May
AU company profits & inventories, Q1
US factory orders, Apr
XX global services PMIs, May
Tuesday, 6 June 2023
AU current account, Q1
AU RBA policy meeting
EZ retail sales, Apr
SLR AGM
Wednesday, 7 June 2023
AU GDP, Q1
CH trade balance, May

ALL WEATHER STOCKS

Code Company Price
COL COLES GROUP LIMITED

$17.82

CSL CSL LIMITED

$308.00

REA REA GROUP LIMITED

$136.98

RMD RESMED INC

$33.00

TNE TECHNOLOGY ONE LIMITED

$16.51

WEEKLY PDF

Stories To Read From FNArena


WEEK 22

WEEK 21

WEEK 20

WEEK 19

WEEK 18

FNARENA TALKS

FNARENA WINDOWS

Window on WEALTH MANAGEMENT & INVESTMENTS

ESG Focus: Care Needed In Ethical Investment

Tim Boreham warns not all so-called ethical or ESG funds and ETFs are what they seem

Jun 02 2023


Window on BUSINESS & CONSUMER CREDIT

BNPL To Be Regulated In Australia

Canberra’s move to regulate BNPL as credit will affect the industry in Australia

Jun 01 2023


Window on NEW BATTERY ELEMENTS

Ignore Short Term Lithium Price Volatility

Recent broker research and corporate activity suggest a bullish outlook for lithium

Jun 01 2023


SMSFUNDAMENTALS

SMSFundamentals: Factor Investing Explained

Identifying and leveraging key factors can help investors generate competitive returns, reduce risk, and improve diversification. An introduction to Factor Investing

May 01 2023


FEATURE STORIES

Healthcare Meets Technology: A New Age

AI has its supporters and its critics, but one area in which AI can be a force for good is healthcare

May 31 2023