Latest news with #AurizonHoldings
News.com.au
3 days ago
- Business
- News.com.au
Stock Tips: WTC could be a wise choice this week
It's no easy gig analysing share prices and company performance but somebody's got to do it. Every week two experts from our Share Tips columnist pool give us their recommendations. Andrew Eddy – Morgans Financial BUY WiseTech Global (ASX:WTC) Wisetech is acquiring E2open, expanding its market reach and capabilities, driving revenue and EBITDA growth, and offering a compelling opportunity to further extend the company's growth runway. Aurizon Holdings (ASX:AZJ) Earnings from the Network and Coal segments will continue to deliver higher cash returns to shareholders and investment into Bulk and Containerised Freight will provide longer term growth. HOLD Lovisa Holdings (ASX:LOV) Lovisa's recent milestone of opening its 1,000th store globally signifies its strong growth and global presence. It continues to have ambitious expansion plans. Regis Resources (ASX:RRL) Regis is well positioned to maintain significant share price torque to the price of gold, aided by a robust production profile and underappreciated organic growth at Duketon. SELL Telstra (ASX:TLS) Although having some defensive qualities, Telstra continues to trade above its long-term average multiple, which is hard to justify considering its minimal long-term growth and competition risk. Adriatic Metals (ASX:ADT) Adriatic's share price has bounced recently on takeover talk. While high-grade metal assets with compelling economics are rare, everything has a price. Dylan Evans – Catapult Wealth BUY Goodman Group (ASX:GMG) Goodman Group's portfolio of quality industrial properties and data centres should be well supported by long-term demand trends in online retail and data hosting. Steadfast (ASX:SDF) As the largest general insurance broker in Australia, Steadfast offer exposure to growth in insurance premiums, but without the underwriting risk of the insurers. HOLD Auckland International Airport (ASX:AIA) As New Zealand's primary overseas travel gateway, Auckland Airport is a key piece of infrastructure. Overseas travel still lags pre-covid levels, but is showing signs of recovery. Woolworths (ASX:WOW) Woolworths has been losing market share to its competitors over the last few years and is now going through another restructure to regain this lost share. We expect regaining this momentum will take several years. SELL A2 Milk (ASX:A2M) The Chinese infant formula market is a key part of A2 milk's product sales. Despite reporting growth in its 1H25 results, this market faces long-term challenges, including declining birth rates. BWP Trust (BWP) A solid property trust on most metrics, with modest debt, high occupancy, and a decent 5.2% yield. Concern is always with the potential influence and reliance on Wesfarmers, who have an ownership stake and contribute 85% of the rental income via Bunnings.
Business Insider
07-05-2025
- Business
- Business Insider
Aurizon Holdings (QRNNF) Receives a Hold from UBS
In a report released today, Andre Fromyhr from UBS maintained a Hold rating on Aurizon Holdings (QRNNF – Research Report), with a price target of A$3.20. The company's shares closed last Thursday at $2.18. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Fromyhr covers the Industrials sector, focusing on stocks such as Brambles , Aurizon Holdings, and Transurban Group. According to TipRanks, Fromyhr has an average return of 9.7% and a 72.84% success rate on recommended stocks. Aurizon Holdings has an analyst consensus of Hold, with a price target consensus of $2.22, implying a 2.07% upside from current levels. In a report released yesterday, Macquarie also maintained a Hold rating on the stock with a A$3.32 price target.
Business Insider
07-05-2025
- Business
- Business Insider
Aurizon Holdings (QRNNF) Gets a Hold from Citi
Citi analyst Samuel Seow maintained a Hold rating on Aurizon Holdings (QRNNF – Research Report) today and set a price target of A$3.40. Protect Your Portfolio Against Market Uncertainty Discover companies with rock-solid fundamentals in TipRanks' Smart Value Newsletter. Receive undervalued stocks, resilient to market uncertainty, delivered straight to your inbox. Seow covers the Industrials sector, focusing on stocks such as Brambles , Reliance Worldwide Corp., and Aurizon Holdings. According to TipRanks, Seow has an average return of -2.3% and a 46.85% success rate on recommended stocks. In a report released today, Macquarie also maintained a Hold rating on the stock with a A$3.32 price target. QRNNF market cap is currently $3.53B and has a P/E ratio of 15.00.
Yahoo
06-05-2025
- Business
- Yahoo
Australia's Aurizon flags 200 job cuts, potential hit to full-year earnings
(Reuters) -Australia's Aurizon Holdings is looking to potentially cut 200 full-time job roles across its business after an ongoing assessment of its non-operational cost base, the rail freight operator said post trading hours on Tuesday. The firm had mentioned in its half-year results in February that it would implement "additional efficiency improvements" during the current calendar year. It currently has over 6,000 employees, according to its website. Aurizon's half-year results missed market estimates, with an underlying net profit after tax of A$205 million ($132.27 million) coming below a Visible Alpha consensus of A$215.2 million. It also mentioned that it is owed around A$50 million in aggregate from two of its bulk customers, and another A$15 million from delay charges and handling services for another bulk customer. The company still expects its group earnings before interest, tax, depreciation and amortisation (EBITDA) for fiscal 2025 to be at the lower end of the A$1.66 billion-A$1.74 billion range it forecast earlier. Depending on the outcome of the money it is owed, Aurizon said its provision for impairment of receivables for the fiscal year could rise, likely impacting its EBITDA forecast. Shares of Australia's largest rail freight operator closed 3.2% lower at A$3.00 per share at 0600 GMT. ($1 = 1.5499 Australian dollars) Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
06-05-2025
- Business
- Reuters
Australia's Aurizon flags 200 job cuts, potential hit to full-year earnings
May 6 (Reuters) - Australia's Aurizon Holdings ( opens new tab is looking to potentially cut 200 full-time job roles across its business after an ongoing assessment of its non-operational cost base, the rail freight operator said post trading hours on Tuesday. The firm had mentioned in its half-year results in February that it would implement "additional efficiency improvements" during the current calendar year. It currently has over 6,000 employees, according to its website. Aurizon's half-year results missed market estimates, with an underlying net profit after tax of A$205 million ($132.27 million) coming below a Visible Alpha consensus of A$215.2 million. It also mentioned that it is owed around A$50 million in aggregate from two of its bulk customers, and another A$15 million from delay charges and handling services for another bulk customer. The company still expects its group earnings before interest, tax, depreciation and amortisation (EBITDA) for fiscal 2025 to be at the lower end of the A$1.66 billion-A$1.74 billion range it forecast earlier. Depending on the outcome of the money it is owed, Aurizon said its provision for impairment of receivables for the fiscal year could rise, likely impacting its EBITDA forecast. Shares of Australia's largest rail freight operator closed 3.2% lower at A$3.00 per share at 0600 GMT. ($1 = 1.5499 Australian dollars)
