Latest news with #NewHopeCorporationLimited
Business Insider
22-05-2025
- Business
- Business Insider
Goldman Sachs Remains a Sell on New Hope Corporation Limited (NHPEF)
Goldman Sachs analyst Paul Young maintained a Sell rating on New Hope Corporation Limited (NHPEF – Research Report) on May 20 and set a price target of A$2.90. The company's shares closed yesterday at $2.41. 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, Young is a 4-star analyst with an average return of 6.9% and a 57.27% success rate. Young covers the Basic Materials sector, focusing on stocks such as Lynas Rare Earths , BHP Group Ltd, and Iluka Resources Limited. The word on The Street in general, suggests a Hold analyst consensus rating for New Hope Corporation Limited with a $2.58 average price target. NHPEF market cap is currently $1.98B and has a P/E ratio of 5.34.
Business Insider
21-05-2025
- Business
- Business Insider
Morgans Keeps Their Buy Rating on New Hope Corporation Limited (NHPEF)
In a report released today, Tom Sartor from Morgans maintained a Buy rating on New Hope Corporation Limited (NHPEF – Research Report), with a price target of A$4.45. The company's shares closed yesterday at $2.34. 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, Sartor is a 4-star analyst with an average return of 17.0% and a 43.21% success rate. The word on The Street in general, suggests a Hold analyst consensus rating for New Hope Corporation Limited with a $2.59 average price target. Based on New Hope Corporation Limited's latest earnings release for the quarter ending January 31, the company reported a quarterly revenue of $1.02 billion and a net profit of $340.31 million. In comparison, last year the company earned a revenue of $856.57 million and had a net profit of $251.67 million
Business Insider
20-05-2025
- Business
- Business Insider
Citi Remains a Hold on New Hope Corporation Limited (NHPEF)
Citi analyst Paul McTaggart maintained a Hold rating on New Hope Corporation Limited (NHPEF – Research Report) today and set a price target of A$3.85. The company's shares closed today at $2.34. 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, McTaggart is a 5-star analyst with an average return of 9.7% and a 55.87% success rate. McTaggart covers the Basic Materials sector, focusing on stocks such as Fortescue Metals Group Ltd, Iluka Resources Limited, and Rio Tinto Limited. New Hope Corporation Limited has an analyst consensus of Hold, with a price target consensus of $2.64.
Business Insider
13-05-2025
- Business
- Business Insider
New Hope Corporation Limited (NHPEF) Gets a Buy from Morgans
In a report released today, Tom Sartor from Morgans maintained a Buy rating on New Hope Corporation Limited (NHPEF – Research Report), with a price target of A$4.50. The company's shares closed today at $2.66. 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. According to TipRanks, Sartor is ranked #1294 out of 9492 analysts. The word on The Street in general, suggests a Hold analyst consensus rating for New Hope Corporation Limited with a $2.69 average price target. The company has a one-year high of $3.90 and a one-year low of $2.00. Currently, New Hope Corporation Limited has an average volume of 2,710.
Yahoo
13-02-2025
- Business
- Yahoo
New Hope Corporation Limited's (ASX:NHC) last week's 7.7% decline must have disappointed public companies who have a significant stake
The considerable ownership by public companies in New Hope indicates that they collectively have a greater say in management and business strategy A total of 4 investors have a majority stake in the company with 51% ownership Institutional ownership in New Hope is 21% Every investor in New Hope Corporation Limited (ASX:NHC) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are public companies with 39% ownership. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). And following last week's 7.7% decline in share price, public companies suffered the most losses. Let's delve deeper into each type of owner of New Hope, beginning with the chart below. View our latest analysis for New Hope Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. As you can see, institutional investors have a fair amount of stake in New Hope. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see New Hope's historic earnings and revenue below, but keep in mind there's always more to the story. Hedge funds don't have many shares in New Hope. Washington H. Soul Pattinson and Company Limited is currently the company's largest shareholder with 39% of shares outstanding. JPMorgan Chase & Co, Brokerage and Securities Investments is the second largest shareholder owning 4.2% of common stock, and The Vanguard Group, Inc. holds about 3.8% of the company stock. On looking further, we found that 51% of the shares are owned by the top 4 shareholders. In other words, these shareholders have a meaningful say in the decisions of the company. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. We can report that insiders do own shares in New Hope Corporation Limited. This is a big company, so it is good to see this level of alignment. Insiders own AU$57m worth of shares (at current prices). If you would like to explore the question of insider alignment, you can click here to see if insiders have been buying or selling. The general public-- including retail investors -- own 37% stake in the company, and hence can't easily be ignored. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. Public companies currently own 39% of New Hope stock. It's hard to say for sure but this suggests they have entwined business interests. This might be a strategic stake, so it's worth watching this space for changes in ownership. It's always worth thinking about the different groups who own shares in a company. But to understand New Hope better, we need to consider many other factors. To that end, you should be aware of the 2 warning signs we've spotted with New Hope . Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. 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.
