Helloworld's Valuation Unchanged by Exchange Acquisition

Dow Jones
09/23

0430 GMT - Helloworld's acquisition of a local currency-exchange business does nothing to shift Shaw & Partners' headline view of the Australian travel agent. With an unchanged buy rating on the stock, analyst Philip Pepe raises his EPS forecasts for the three years through fiscal 2029 by between 12% and 14%, but the valuation impact is offset by acquisition debt and share dilution. Pepe tells clients in a note that the Crown Currency Exchange business is seen by Helloworld as highly complementary to its existing retail operations, and observes that CCE's earnings over the past fiscal year were hit by uncertainty generated by the U.S.-Iran conflict. Shaw & Partners has a target price of 2.40 Australian dollars on the stock. Shares are up 2.5% at A$1.395.

 

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