Latest news with #CleanawayWasteManagement
Business Insider
3 days ago
- Business
- Business Insider
Cleanaway Waste Management (TSPCF) Gets a Buy from Jarden
In a report released on May 28, Jakob Cakarnis from Jarden maintained a Buy rating on Cleanaway Waste Management (TSPCF – Research Report), with a price target of A$3.10. Confident Investing Starts Here: 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 Cakarnis covers the Industrials sector, focusing on stocks such as Brambles , ALS, and Cleanaway Waste Management. According to TipRanks, Cakarnis has an average return of 10.4% and a 65.89% success rate on recommended stocks. Currently, the analyst consensus on Cleanaway Waste Management is a Strong Buy with an average price target of $2.02. The company has a one-year high of $2.50 and a one-year low of $1.40. Currently, Cleanaway Waste Management has an average volume of 3,303.
Business Insider
21-05-2025
- Business
- Business Insider
Morgans Sticks to Its Buy Rating for Cleanaway Waste Management (TSPCF)
In a report released today, Nathan Lead from Morgans maintained a Buy rating on Cleanaway Waste Management (TSPCF – Research Report), with a price target of A$2.98. The company's shares closed yesterday at $1.77. 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, Lead is a 3-star analyst with an average return of 3.3% and a 55.74% success rate. Lead covers the Industrials sector, focusing on stocks such as Transurban Group, Atlas Arteria, and Cleanaway Waste Management. Currently, the analyst consensus on Cleanaway Waste Management is a Strong Buy with an average price target of $2.03, a 14.69% upside from current levels. In a report released on May 15, Morgan Stanley also maintained a Buy rating on the stock with a A$3.08 price target. The company has a one-year high of $2.50 and a one-year low of $1.40. Currently, Cleanaway Waste Management has an average volume of 3,551.
Yahoo
02-05-2025
- Business
- Yahoo
Cleanaway Waste Management (ASX:CWY) shareholders have earned a 9.4% CAGR over the last five years
When you buy and hold a stock for the long term, you definitely want it to provide a positive return. Furthermore, you'd generally like to see the share price rise faster than the market. But Cleanaway Waste Management Limited (ASX:CWY) has fallen short of that second goal, with a share price rise of 43% over five years, which is below the market return. Unfortunately the share price is down 3.7% in the last year. So let's investigate and see if the longer term performance of the company has been in line with the underlying business' progress. We check all companies for important risks. See what we found for Cleanaway Waste Management in our free report. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement. Over half a decade, Cleanaway Waste Management managed to grow its earnings per share at 6.3% a year. This EPS growth is reasonably close to the 7% average annual increase in the share price. Therefore one could conclude that sentiment towards the shares hasn't morphed very much. In fact, the share price seems to largely reflect the EPS growth. You can see below how EPS has changed over time (discover the exact values by clicking on the image). We know that Cleanaway Waste Management has improved its bottom line lately, but is it going to grow revenue? Check if analysts think Cleanaway Waste Management will grow revenue in the future. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for Cleanaway Waste Management the TSR over the last 5 years was 57%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence! While the broader market gained around 10% in the last year, Cleanaway Waste Management shareholders lost 1.7% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 9%, each year, over five years. If the fundamental data continues to indicate long term sustainable growth, the current sell-off could be an opportunity worth considering. If you would like to research Cleanaway Waste Management in more detail then you might want to take a look at whether insiders have been buying or selling shares in the company. Of course Cleanaway Waste Management may not be the best stock to buy. So you may wish to see this free collection of growth stocks. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
10-03-2025
- Business
- Yahoo
Are Poor Financial Prospects Dragging Down Cleanaway Waste Management Limited (ASX:CWY Stock?
It is hard to get excited after looking at Cleanaway Waste Management's (ASX:CWY) recent performance, when its stock has declined 11% over the past three months. To decide if this trend could continue, we decided to look at its weak fundamentals as they shape the long-term market trends. Particularly, we will be paying attention to Cleanaway Waste Management's ROE today. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In simpler terms, it measures the profitability of a company in relation to shareholder's equity. See our latest analysis for Cleanaway Waste Management ROE can be calculated by using the formula: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Cleanaway Waste Management is: 5.2% = AU$158m ÷ AU$3.0b (Based on the trailing twelve months to December 2024). The 'return' is the amount earned after tax over the last twelve months. That means that for every A$1 worth of shareholders' equity, the company generated A$0.05 in profit. We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. Based on how much of its profits the company chooses to reinvest or "retain", we are then able to evaluate a company's future ability to generate profits. Generally speaking, other things being equal, firms with a high return on equity and profit retention, have a higher growth rate than firms that don't share these attributes. On the face of it, Cleanaway Waste Management's ROE is not much to talk about. Next, when compared to the average industry ROE of 13%, the company's ROE leaves us feeling even less enthusiastic. Therefore, it might not be wrong to say that the five year net income decline of 4.5% seen by Cleanaway Waste Management was probably the result of it having a lower ROE. We reckon that there could also be other factors at play here. For instance, the company has a very high payout ratio, or is faced with competitive pressures. However, when we compared Cleanaway Waste Management's growth with the industry we found that while the company's earnings have been shrinking, the industry has seen an earnings growth of 15% in the same period. This is quite worrisome. Earnings growth is a huge factor in stock valuation. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Is CWY fairly valued? This infographic on the company's intrinsic value has everything you need to know. With a three-year median payout ratio as high as 129%,Cleanaway Waste Management's shrinking earnings don't come as a surprise as the company is paying a dividend which is beyond its means. Its usually very hard to sustain dividend payments that are higher than reported profits. In addition, Cleanaway Waste Management has been paying dividends over a period of at least ten years suggesting that keeping up dividend payments is way more important to the management even if it comes at the cost of business growth. Existing analyst estimates suggest that the company's future payout ratio is expected to drop to 65% over the next three years. The fact that the company's ROE is expected to rise to 8.9% over the same period is explained by the drop in the payout ratio. In total, we would have a hard think before deciding on any investment action concerning Cleanaway Waste Management. The low ROE, combined with the fact that the company is paying out almost if not all, of its profits as dividends, has resulted in the lack or absence of growth in its earnings. That being so, the latest industry analyst forecasts show that the analysts are expecting to see a huge improvement in the company's earnings growth rate. Are these analysts expectations based on the broad expectations for the industry, or on the company's fundamentals? Click here to be taken to our analyst's forecasts page for the company. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
21-02-2025
- Business
- Yahoo
Cleanaway Waste Management (ASX:CWY) Is Increasing Its Dividend To A$0.028
Cleanaway Waste Management Limited's (ASX:CWY) dividend will be increasing from last year's payment of the same period to A$0.028 on 10th of April. Despite this raise, the dividend yield of 2.2% is only a modest boost to shareholder returns. View our latest analysis for Cleanaway Waste Management Even a low dividend yield can be attractive if it is sustained for years on end. Prior to this announcement, Cleanaway Waste Management was paying out 76% of earnings and more than 75% of free cash flows. This indicates that the company is more focused on returning cash to shareholders than growing the business, but we don't think that there are necessarily signs that the dividend might be unsustainable. The next year is set to see EPS grow by 78.5%. Assuming the dividend continues along the course it has been charting recently, our estimates show the payout ratio being 48% which brings it into quite a comfortable range. The company has been paying a dividend for a long time, and it has been quite stable which gives us confidence in the future dividend potential. Since 2015, the dividend has gone from A$0.015 total annually to A$0.056. This implies that the company grew its distributions at a yearly rate of about 14% over that duration. It is good to see that there has been strong dividend growth, and that there haven't been any cuts for a long time. Investors could be attracted to the stock based on the quality of its payment history. Cleanaway Waste Management has impressed us by growing EPS at 6.3% per year over the past five years. EPS has been growing at a reasonable rate, although with most of the profits being paid out to shareholders, growth prospects could be more limited in the future. Overall, we always like to see the dividend being raised, but we don't think Cleanaway Waste Management will make a great income stock. In the past the payments have been stable, but we think the company is paying out too much for this to continue for the long term. We would probably look elsewhere for an income investment. It's important to note that companies having a consistent dividend policy will generate greater investor confidence than those having an erratic one. Still, investors need to consider a host of other factors, apart from dividend payments, when analysing a company. Earnings growth generally bodes well for the future value of company dividend payments. See if the 13 Cleanaway Waste Management analysts we track are forecasting continued growth with our free report on analyst estimates for the company. Is Cleanaway Waste Management not quite the opportunity you were looking for? Why not check out our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
