Zip Bull Raises Earnings Forecasts -- Market Talk

Dow Jones
04/20

0142 GMT - Zip's strong March-quarter performance supports upgraded earnings forecasts from its bull at Macquarie. A note from one of the investment bank's analysts highlights the Australian payment provider's ability to balance top-line U.S. growth with tight credit-quality control. U.S. net bad debts are trending lower, with losses from Zip's eight-installment payment product having peaked. Macquarie's cash earnings forecasts rise by 4.6% for fiscal 2026, by 5.3% for fiscal 2027, and by 5.2% for fiscal 2028. The analyst also writes approvingly of Zip's positioning to refinance its US$300 million U.S. facility some time in the June quarter, which will further optimize its portfolio. Macquarie raises its target price 1.5% to A$3.40 and keeps an outperform rating on the stock, which is up 9.4% at A$2.55. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

April 19, 2026 21:42 ET (01:42 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

应版权方要求,你需要登录查看该内容

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10