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.
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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 |
OPEN $22.84 |
HIGH $22.87 |
9,769,945 LOW $22.58 |
0.040| TARGET | |||
| $26.407 16.0% upside | |||
| Franking for last dividend paid out: 100% |
| 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
PR NEWSWIRE
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Jun 03 2023 - PR NewsWire
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Jun 02 2023 - PR NewsWire
Moomoo Introduces 24-Hour US Trading in Singapore and Australia, A First in Both Markets
Jun 02 2023 - PR NewsWire
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
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
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
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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 |
|
| CSL | CSL LIMITED |
|
| REA | REA GROUP LIMITED |
|
| RMD | RESMED INC |
|
| TNE | TECHNOLOGY ONE LIMITED |
|
$17.82
$136.98
WEEKLY PDF
Stories To Read From FNArena
WEEK 22
WEEK 21
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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
