Latest news with #EldersLimited
Business Insider
5 days ago
- Business
- Business Insider
Bell Potter Reaffirms Their Buy Rating on Elders Limited (FTZ)
In a report released today, Jonathan Snape from Bell Potter maintained a Buy rating on Elders Limited (FTZ – Research Report), with a price target of A$9.10. The company's shares closed last Tuesday at €3.42. 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 Snape covers the Consumer Defensive sector, focusing on stocks such as Elders Limited, Select Harvests, and Bega Cheese Limited. According to TipRanks, Snape has an average return of -6.5% and a 31.01% success rate on recommended stocks. In addition to Bell Potter, Elders Limited also received a Buy from Citi's William Park CPA in a report issued on May 27. However, on May 26, Jefferies maintained a Hold rating on Elders Limited (Frankfurt: FTZ). FTZ market cap is currently €671.6M and has a P/E ratio of 14.40. Based on the recent corporate insider activity of 11 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of FTZ in relation to earlier this year.
Yahoo
28-05-2025
- Business
- Yahoo
Elders (ASX:ELD) Is Paying Out A Dividend Of A$0.18
Elders Limited (ASX:ELD) will pay a dividend of A$0.18 on the 27th of June. Based on this payment, the dividend yield on the company's stock will be 5.8%, which is an attractive boost to shareholder returns. AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. While it is great to have a strong dividend yield, we should also consider whether the payment is sustainable. At the time of the last dividend payment, Elders was paying out a very large proportion of what it was earning and 347% of cash flows. Paying out such a high proportion of cash flows certainly exposes the company to cutting the dividend if cash flows were to reduce. Over the next year, EPS is forecast to expand by 65.6%. Under the assumption that the dividend will continue along recent trends, we think the payout ratio could be 71% which would be quite comfortable going to take the dividend forward. See our latest analysis for Elders Even in its relatively short history, the company has reduced the dividend at least once. This suggests that the dividend might not be the most reliable. Since 2017, the dividend has gone from A$0.075 total annually to A$0.36. This implies that the company grew its distributions at a yearly rate of about 22% over that duration. Dividends have grown rapidly over this time, but with cuts in the past we are not certain that this stock will be a reliable source of income in the future. With a relatively unstable dividend, it's even more important to see if earnings per share is growing. Earnings per share has been sinking by 13% over the last five years. A sharp decline in earnings per share is not great from from a dividend perspective. Even conservative payout ratios can come under pressure if earnings fall far enough. It's not all bad news though, as the earnings are predicted to rise over the next 12 months - we would just be a bit cautious until this becomes a long term trend. We should note that Elders has issued stock equal to 21% of shares outstanding. Trying to grow the dividend when issuing new shares reminds us of the ancient Greek tale of Sisyphus - perpetually pushing a boulder uphill. Companies that consistently issue new shares are often suboptimal from a dividend perspective. In summary, while it's good to see that the dividend hasn't been cut, we are a bit cautious about Elders' payments, as there could be some issues with sustaining them into the future. The payments are bit high to be considered sustainable, and the track record isn't the best. Overall, we don't think this company has the makings of a good income stock. Companies possessing a stable dividend policy will likely enjoy greater investor interest than those suffering from a more inconsistent approach. At the same time, there are other factors our readers should be conscious of before pouring capital into a stock. Case in point: We've spotted 3 warning signs for Elders (of which 1 makes us a bit uncomfortable!) you should know about. If you are a dividend investor, you might also want to look at our curated list of high yield 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
Business Insider
27-05-2025
- Business
- Business Insider
Bell Potter Keeps Their Buy Rating on Elders Limited (FTZ)
Bell Potter analyst Jonathan Snape maintained a Buy rating on Elders Limited (FTZ – Research Report) today and set a price target of A$9.10. The company's shares closed last Friday at €3.68. 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 Snape covers the Consumer Defensive sector, focusing on stocks such as Select Harvests, Coles Group, and Woolworths Group Ltd. According to TipRanks, Snape has an average return of -5.8% and a 32.28% success rate on recommended stocks. In addition to Bell Potter, Elders Limited also received a Buy from Morgans's Belinda Moore in a report issued today. However, on the same day, Jefferies maintained a Hold rating on Elders Limited (Frankfurt: FTZ). The company has a one-year high of €5.61 and a one-year low of €3.12. Currently, Elders Limited has an average volume of 535.
Business Insider
23-05-2025
- Business
- Business Insider
Elders Limited (FTZ) Receives a Buy from Citi
Citi analyst William Park CPA maintained a Buy rating on Elders Limited (FTZ – Research Report) today and set a price target of A$9.75. The company's shares closed last Wednesday at €3.68. 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 According to TipRanks, Park CPA is a 2-star analyst with an average return of 0.6% and a 40.48% success rate. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Elders Limited with a €5.04 average price target, a 36.96% upside from current levels. In a report released on May 8, Bell Potter also maintained a Buy rating on the stock with a A$9.10 price target. The company has a one-year high of €5.61 and a one-year low of €3.12. Currently, Elders Limited has an average volume of 535.
