Breville Group (BVILF) Gets a Buy from Morgan Stanley
In a report released today, Joseph Michael from Morgan Stanley maintained a Buy rating on Breville Group (BVILF – Research Report), with a price target of A$36.50. The company's shares closed last Monday at $20.00.
Confident Investing Starts Here:
Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
According to TipRanks, Michael is a 5-star analyst with an average return of 13.1% and a 56.88% success rate.
Currently, the analyst consensus on Breville Group is a Moderate Buy with an average price target of $22.37, which is an 11.85% upside from current levels. In a report released on May 16, Ord Minnett also maintained a Buy rating on the stock with a A$35.00 price target.
BVILF market cap is currently $2.86B and has a P/E ratio of 32.64.
Based on the recent corporate insider activity of 6 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of BVILF in relation to earlier this year.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
39 minutes ago
- Yahoo
City approves task order for Lynn Haven stormwater project
LYNN HAVEN, Fla. (WMBB) – Lynn Haven is making progress on stormwater drainage improvements. It's been a problem for decades, but worsened after Hurricane Michael, causing flooding even during moderate rains. City officials signed a task order today to finish the remainder of the project. In 2022, Lynn Haven received a $1 million legislative appropriation to address long-standing stormwater issues. With clogged pipes and blocked outflows choked by grass and sediment, flooding has been a persistent problem in the community for decades. Dolphin transport underway at Gulf World 'We want to prevent any structural flooding. We want to get water from standing in roadways so emergency vehicles can pass. And of course, you know, our residents to walk down the road if needed in an emergency or be able to leave their home without flooding their cars out,' said Public Works Director Chris Lightfoot. The city divided the project into phases, prioritizing repairs that didn't require permits from the Army Corps of Engineers or the Florida Department of Environmental Protection. That allowed crews to start clearing and maintaining some systems immediately. Some of the work has occurred along 7th Street and Kentucky Avenue, and 13th and Missouri Avenue. Panama City approves new areas for golf cart safety 'The outfall construction that we're doing is basically excavating and armor forming the outfalls to provide a clear flow for the stormwater to get out. Currently, it's grass and sediment that builds up and constantly having to be maintained. It's difficult to maintain because they stay so wet. So we will just get these cleaned out. They will be a permanent structure, and they can flow freely,' Lightfoot added. The city has used about $700,000 so far. The remaining $300,000 will go to trouble spots like East 2nd Street and Illinois off 10th Street. 'That it will allow storm water to recede faster and hopefully not be in our streets and roadways,' Mayor Jesse Nelson said. The entire project is expected to take about 120 days to complete. That work will go out to bid in the near future. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
6 hours ago
- Yahoo
AST SpaceMobile Stock (ASTS) Rallies Alongside Surging Demand for Satellite Internet
AST SpaceMobile Inc. (ASTS) is helping shape the future of global internet connectivity through its ambitious satellite-based technology. With the potential to expand reliable internet access to remote and underserved regions, support growing government contracts, and meet the rising demands of data connectivity across industries, satellite internet is emerging as a transformative force in communications (and the stock market). Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter The market for satellite internet is projected to grow rapidly, with analysts estimating it could reach $24.6 billion by 2030, representing a compound annual growth rate of 30%. ASTS stock is following this trend, recording a surging 14% gain over the past week and a 47% gain year-to-date. What sets ASTS apart is its goal to connect standard, unmodified smartphones directly to satellites—unlike competitors such as SpaceX's Starlink, which requires proprietary equipment, or Amazon's (AMZN) Project Kuiper, which focuses on fixed installations. If successful, ASTS could dramatically improve connectivity for billions of people, especially in regions where only about 34% of the Earth currently has cellular coverage. The company has made notable progress toward key technical and operational milestones and holds sufficient capital to support its near-term plans. While ASTS remains a speculative investment at this stage, I believe its long-term potential is significant and view the upside as compelling. AST SpaceMobile's direct-to-smartphone approach requires no special hardware or apps, which could be a game-changing development. This technology could unlock massive markets, particularly in developing countries where traditional internet infrastructure is limited. The company plans to launch five satellites over the next six to nine months, starting with its first Block 2 BlueBird satellite in July 2025. If these launches proceed smoothly, ASTS could begin generating meaningful revenue from both government contracts and commercial partnerships in short order. Manufacturing is another potential key advantage. The company aims to build the capability to produce six satellites per month by late 2025, which would enable rapid network expansion once the technology is proven in orbit. AST SpaceMobile is still in its early stages, burning through cash as it builds its satellite network. The company reported revenue of just $718,000 for Q1 2025, falling well short of the $4 million that analysts expected. The company also reported a net loss of $45.7 million, which is significantly wider than the loss it incurred in the previous year. However, the spacefarer has significantly strengthened its financial position, raising over $500 million in recent funding rounds. With $874 million in cash on hand and manageable debt levels, ASTS has enough runway to execute its plans for at least the next 12 months. Management is projecting dramatic revenue growth with a projected second-half 2025 revenue of $50 million to $75 million. Of course, these projections depend entirely on the successful launch of its satellites and the activation of commercial services, highlighting the crucial role execution plays in the company's near-term success. AST SpaceMobile is ambitiously pushing the boundaries of satellite communications, but that journey (like so many novel technologies) comes with inherent risks that investors should carefully weigh. As AST seeks to fill the gaps of global connectivity, its success hinges on flawless execution. Any hiccup in launching its satellites or deploying its technology could trigger a swift adverse reaction in the share price. The company also faces competition from established titans like SpaceX and Amazon's Blue Origin. For AST to carve out a niche, swift market penetration is crucial to avoid being eclipsed by these well-resourced rivals. Further, establishing a global satellite network involves securing approvals from numerous countries. The layers of bureaucracy, red tape, and regulatory compliance that the company must navigate could slow its expansion timeline. Finally, the path to building a satellite network comes with a hefty price tag. The company is likely to need to raise additional capital in the future, which could result in the dilution of existing shares. The company has recently won several government contracts, including a $43 million deal with the U.S. Space Development Agency, which provides revenue visibility and validates the technology's potential. Meanwhile, members of the Blue Origin management team visited the AST headquarters in Texas recently, sparking speculation of a potential partnership with Amazon. While nothing has been confirmed, such a partnership could provide ASTS with additional resources and credibility. The stock has responded positively to the news (and rumors), with shares up over 23% in the past month, bullishly trading above major moving averages (20-day, 50-day, and 200-day). TipRanks currently rates AST SpaceMobile as a Strong Buy, based on the consensus of five analyst recommendations. The stock carries an average price target of $38.60, suggesting a potential upside of 24% over the next twelve months. AST SpaceMobile has caught Wall Street's attention. In a recent report by Scotiabank's Andres Coello, ASTS has been given a Buy rating, along with a price target of $45.40. Coello noted speculation surrounding potential interest from Amazon's Jeff Bezos, especially after a recent Instagram post hinted at possible collaborations with Blue Origin. Meanwhile, Cantor Fitzgerald's Colin Canfield has reiterated an Overweight rating with a $30 price target, highlighting the company is nearing its full-year revenue guidance for the first time, backed by constructive updates on satellite deployment and defense equipment bookings. He notes optimism surrounding the company's strategic moves, despite an anticipated rise in deployment costs. AST SpaceMobile is at the forefront of next-generation global connectivity. The market opportunity is significant, and the underlying technology holds considerable promise. That said, the company faces a range of challenges, including technical hurdles, funding requirements, regulatory complexities, and intense competition. This investment may not be appropriate for all investors. Still, for those with a higher risk tolerance, ASTS offers exposure to potentially game-changing innovation in the rapidly expanding satellite internet sector. With the satellite internet revolution approaching, I remain optimistic about AST SpaceMobile's potential to play a leading role in shaping its future. Disclaimer & DisclosureReport an Issue Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
11 hours ago
- Yahoo
VivoPower sets record date for special dividend distributions
VivoPower (VVPR) has set an ex-dividend date of 12 June 2025 pertaining to any potential future dividend distributions regarding transactions involving Tembo e LV. Shareholders who hold VivoPower shares as of the close of business on 12 June 2025 will be entitled to receive any potential future special dividend distributions relating to Tembo. Shareholders purchasing VivoPower shares on or after the ex-dividend date will not be eligible for the distribution. Any potential future special dividend distributions relating to the Caret business unit will be advised separately. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on VVPR: Disclaimer & DisclosureReport an Issue VivoPower advances $200M Tembo transaction with Energi BitGo enters strategic partnership with VivoPower VivoPower receives $200M EV proposal from Energi for 51% stake in Tembo VivoPower Secures $121 Million for XRP-Focused Strategy VivoPower trading resumes Sign in to access your portfolio
