ARB Bull Unsettled by Slightly Soft Update -- Market Talk

Dow Jones

Oct 18, 2024

2253 GMT - ARB Corp's slightly soft 1Q update doesn't shift Wilsons analysts' bullish view of the auto-accessory manufacturer and retailer. The analysts tell clients in a note that various growth drivers across both product and distribution give them confidence that sales growth will accelerate through the rest of ARB's 2025 fiscal year, while Oct. 1 price increases will benefit margins. In short, ARB continues to look well placed to take advantage of the market's structural shift toward 4WD vehicles. Wilsons rolls forward its valuation and lifts target price 5.1% to A$50.27. It keeps an overweight recommendation on the stock, which is at A$43.15 ahead of the open. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

October 17, 2024 18:53 ET (22:53 GMT)

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The analysts tell clients in a note that various growth drivers across both product and distribution give them confidence that sales growth will accelerate through the rest of ARB's 2025 fiscal year, while Oct. 1 price increases will benefit margins. In short, ARB continues to look well placed to take advantage of the market's structural shift toward 4WD vehicles. Wilsons rolls forward its valuation and lifts target price 5.1% to A$50.27. It keeps an overweight recommendation on the stock, which is at A$43.15 ahead of the open. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 17, 2024 18:53 ET (22:53 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ARB Bull Unsettled by Slightly Soft Update -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nARB Bull Unsettled by Slightly Soft Update -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2024-10-18 06:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     2253 GMT - ARB Corp's slightly soft 1Q update doesn't shift Wilsons analysts' bullish view of the auto-accessory manufacturer and retailer. The analysts tell clients in a note that various growth drivers across both product and distribution give them confidence that sales growth will accelerate through the rest of ARB's 2025 fiscal year, while Oct. 1 price increases will benefit margins. In short, ARB continues to look well placed to take advantage of the market's structural shift toward 4WD vehicles. Wilsons rolls forward its valuation and lifts target price 5.1% to A$50.27. It keeps an overweight recommendation on the stock, which is at A$43.15 ahead of the open. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 17, 2024 18:53 ET (22:53 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7051","symbol_name":"机动车零配件与设备","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2476468914","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2476468914","pubTimestamp":1729205580,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"2253 GMT - ARB Corp's slightly soft 1Q update doesn't shift Wilsons analysts' bullish view of the auto-accessory manufacturer and retailer. The analysts tell clients in a note that various growth drivers across both product and distribution give them confidence that sales growth will accelerate through the rest of ARB's 2025 fiscal year, while Oct. 1 price increases will benefit margins. In short, ARB continues to look well placed to take advantage of the market's structural shift toward 4WD vehicles. Wilsons rolls forward its valuation and lifts target price 5.1% to A$50.27. It keeps an overweight recommendation on the stock, which is at A$43.15 ahead of the open. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7051":"机动车零配件与设备","ARB.AU":"ARB CORP LTD","ARB":"AltShares Merger Arbitrage ETF"},"translate_title":"套利牛市因略有疲软的更新而感到不安——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARB.AU":0.9,"ARB":1},"content_text":"2253 GMT - ARB Corp's slightly soft 1Q update doesn't shift Wilsons analysts' bullish view of the auto-accessory manufacturer and retailer. The analysts tell clients in a note that various growth drivers across both product and distribution give them confidence that sales growth will accelerate through the rest of ARB's 2025 fiscal year, while Oct. 1 price increases will benefit margins. In short, ARB continues to look well placed to take advantage of the market's structural shift toward 4WD vehicles. Wilsons rolls forward its valuation and lifts target price 5.1% to A$50.27. It keeps an overweight recommendation on the stock, which is at A$43.15 ahead of the open. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 17, 2024 18:53 ET (22:53 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}