Latest news with #IlukaResourcesLimited
Business Insider
23-05-2025
- Business
- Business Insider
Morgan Stanley upgrades Iluka Resources Limited (ILKAF) to a Buy
In a report released today, Rahul Anand from Morgan Stanley upgraded Iluka Resources Limited (ILKAF – Research Report) to a Buy, with a price target of A$3.50. The company's shares closed last Wednesday at $2.49. Confident Investing Starts Here: Anand covers the Basic Materials sector, focusing on stocks such as Rio Tinto Limited, Iluka Resources Limited, and Evolution Mining . According to TipRanks, Anand has an average return of 5.9% and a 48.00% success rate on recommended stocks. Iluka Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $3.36, which is a 35.10% upside from current levels. In a report released on May 14, Citi also upgraded the stock to a Buy with a A$5.20 price target. Based on Iluka Resources Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $540.6 million and a net profit of $97.6 million. In comparison, last year the company earned a revenue of $545.6 million and had a net profit of $138.8 million
Business Insider
15-05-2025
- Business
- Business Insider
Citi upgrades Iluka Resources Limited (ILKAF) to a Buy
Citi analyst Paul McTaggart upgraded Iluka Resources Limited (ILKAF – Research Report) to a Buy today and set a price target of A$5.20. The company's shares closed yesterday at $2.56. Confident Investing Starts Here: McTaggart covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Rio Tinto Limited, and Iluka Resources Limited. According to TipRanks, McTaggart has an average return of 9.7% and a 55.87% success rate on recommended stocks. In addition to Citi, Iluka Resources Limited also received a Buy from Ord Minnett's Matthew Hope in a report issued on May 8. However, on May 5, Morgan Stanley maintained a Hold rating on Iluka Resources Limited (Other OTC: ILKAF). Based on Iluka Resources Limited's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $540.6 million and a net profit of $97.6 million. In comparison, last year the company earned a revenue of $545.6 million and had a net profit of $138.8 million Based on the recent corporate insider activity of 8 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 ILKAF in relation to earlier this year.
Business Insider
08-05-2025
- Business
- Business Insider
Ord Minnett Remains a Buy on Iluka Resources Limited (ILKAF)
In a report released today, Matthew Hope from Ord Minnett maintained a Buy rating on Iluka Resources Limited (ILKAF – Research Report), with a price target of A$5.90. 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. Hope covers the Basic Materials sector, focusing on stocks such as Boss Energy , Lynas Rare Earths , and ioneer Limited. According to TipRanks, Hope has an average return of 9.8% and a 54.65% success rate on recommended stocks. In addition to Ord Minnett, Iluka Resources Limited also received a Buy from Macquarie's Robert Stein in a report issued on May 6. However, on May 5, Morgan Stanley maintained a Hold rating on Iluka Resources Limited (Other OTC: ILKAF). The company has a one-year high of $5.45 and a one-year low of $1.66. Currently, Iluka Resources Limited has an average volume of 8,695.
Yahoo
07-05-2025
- Business
- Yahoo
Shareholders in Iluka Resources (ASX:ILU) are in the red if they invested three years ago
Iluka Resources Limited (ASX:ILU) shareholders should be happy to see the share price up 20% in the last month. Meanwhile over the last three years the stock has dropped hard. Regrettably, the share price slid 59% in that period. So the improvement may be a real relief to some. While many would remain nervous, there could be further gains if the business can put its best foot forward. So let's have a look and see if the longer term performance of the company has been in line with the underlying business' progress. We've discovered 1 warning sign about Iluka Resources. View them for free. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During the three years that the share price fell, Iluka Resources' earnings per share (EPS) dropped by 14% each year. This reduction in EPS is slower than the 26% annual reduction in the share price. So it seems the market was too confident about the business, in the past. This increased caution is also evident in the rather low P/E ratio, which is sitting at 7.63. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). ASX:ILU Earnings Per Share Growth May 7th 2025 We like that insiders have been buying shares in the last twelve months. Having said that, most people consider earnings and revenue growth trends to be a more meaningful guide to the business. Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.. What About Dividends? When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. The TSR incorporates the value of any spin-offs or discounted capital raisings, along with any dividends, based on the assumption that the dividends are reinvested. It's fair to say that the TSR gives a more complete picture for stocks that pay a dividend. As it happens, Iluka Resources' TSR for the last 3 years was -54%, which exceeds the share price return mentioned earlier. The dividends paid by the company have thusly boosted the total shareholder return. A Different Perspective Investors in Iluka Resources had a tough year, with a total loss of 48% (including dividends), against a market gain of about 7.0%. Even the share prices of good stocks drop sometimes, but we want to see improvements in the fundamental metrics of a business, before getting too interested. On the bright side, long term shareholders have made money, with a gain of 5% per year over half a decade. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand Iluka Resources better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 1 warning sign for Iluka Resources you should know about.
Business Insider
06-05-2025
- Business
- Business Insider
Macquarie Sticks to Its Buy Rating for Iluka Resources Limited (ILKAF)
In a report released today, Robert Stein from Macquarie maintained a Buy rating on Iluka Resources Limited (ILKAF – Research Report), with a price target of A$6.50. The company's shares closed last Friday at $2.68. 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. Stein covers the Basic Materials sector, focusing on stocks such as Mineral Resources Limited, Iluka Resources Limited, and IGO. According to TipRanks, Stein has an average return of 9.6% and a 50.72% success rate on recommended stocks. Iluka Resources Limited has an analyst consensus of Moderate Buy, with a price target consensus of $3.33, representing a 24.49% upside. In a report released on April 21, J.P. Morgan also upgraded the stock to a Buy with a A$4.75 price target.
