SGH (ASX:SGH) fiscal first half 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) was 6% above Jefferies estimates and 3% above market expectations, helped entirely by energy and media divisions, said Jefferies in a Wednesday note.
The company on Wednesday reported fiscal first-half underlying earnings of AU$1.27 per share, up from AU$1.24 a year earlier. Analysts polled by FactSet expected earnings of AU$1.24.
According to the investment firm, mergers and acquisitions remain a key strategic focus and potential catalyst for the company moving ahead.
Jefferis maintained a hold rating on SGH and raised its price target to AU$51.90 from AU$51.20.