ReadyTech Bull Unconcerned by Moderated Guidance -- Market Talk

Dow Jones

Nov 20, 2024

0028 GMT - ReadyTech's bulls at Wilsons are unconcerned by the Australian software provider's modest moderation to its revenue outlook. They tell clients in a note that the company's guidance for FY 2025 revenue growth in the low double digits likely means 10%-12%. This isn't a big issue for them since their prior forecast of 12.5% was at the lower end of what they took to be earlier guidance of 12.5%-13% growth, or low-to-mid double digits. The Wilsons analysts suggest that market expectations will be conservative due to uncertainty over timing of contract implementations, but say that they continue to be positive on the opportunities ahead. Wilsons trims its target price 1.1% to A$3.70 and stays overweight on the stock, which is down 1.05% at A$2.84. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

November 19, 2024 19:28 ET (00:28 GMT)

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They tell clients in a note that the company's guidance for FY 2025 revenue growth in the low double digits likely means 10%-12%. This isn't a big issue for them since their prior forecast of 12.5% was at the lower end of what they took to be earlier guidance of 12.5%-13% growth, or low-to-mid double digits. The Wilsons analysts suggest that market expectations will be conservative due to uncertainty over timing of contract implementations, but say that they continue to be positive on the opportunities ahead. Wilsons trims its target price 1.1% to A$3.70 and stays overweight on the stock, which is down 1.05% at A$2.84. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 19, 2024 19:28 ET (00:28 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>ReadyTech Bull Unconcerned by Moderated Guidance -- 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\">\nReadyTech Bull Unconcerned by Moderated Guidance -- 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\">2024-11-20 08:28</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0028 GMT - ReadyTech's bulls at Wilsons are unconcerned by the Australian software provider's modest moderation to its revenue outlook. They tell clients in a note that the company's guidance for FY 2025 revenue growth in the low double digits likely means 10%-12%. This isn't a big issue for them since their prior forecast of 12.5% was at the lower end of what they took to be earlier guidance of 12.5%-13% growth, or low-to-mid double digits. The Wilsons analysts suggest that market expectations will be conservative due to uncertainty over timing of contract implementations, but say that they continue to be positive on the opportunities ahead. Wilsons trims its target price 1.1% to A$3.70 and stays overweight on the stock, which is down 1.05% at A$2.84. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 19, 2024 19:28 ET (00:28 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":"RDY.AU","symbol_name":"READYTECH HOLDINGS LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2484866881","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484866881","pubTimestamp":1732062480,"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":"0028 GMT - ReadyTech's bulls at Wilsons are unconcerned by the Australian software provider's modest moderation to its revenue outlook. They tell clients in a note that the company's guidance for FY 2025 revenue growth in the low double digits likely means 10%-12%. This isn't a big issue for them since their prior forecast of 12.5% was at the lower end of what they took to be earlier guidance of 12.5%-13% growth, or low-to-mid double digits. The Wilsons analysts suggest that market expectations will be conservative due to uncertainty over timing of contract implementations, but say that they continue to be positive on the opportunities ahead. Wilsons trims its target price 1.1% to A$3.70 and stays overweight on the stock, which is down 1.05% at A$2.84. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"RDY.AU":"READYTECH HOLDINGS LTD","BK7016":"应用软件"},"translate_title":"ReadyTech牛市不关心温和的指导——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"RDY.AU":0.9},"content_text":"0028 GMT - ReadyTech's bulls at Wilsons are unconcerned by the Australian software provider's modest moderation to its revenue outlook. They tell clients in a note that the company's guidance for FY 2025 revenue growth in the low double digits likely means 10%-12%. This isn't a big issue for them since their prior forecast of 12.5% was at the lower end of what they took to be earlier guidance of 12.5%-13% growth, or low-to-mid double digits. The Wilsons analysts suggest that market expectations will be conservative due to uncertainty over timing of contract implementations, but say that they continue to be positive on the opportunities ahead. Wilsons trims its target price 1.1% to A$3.70 and stays overweight on the stock, which is down 1.05% at A$2.84. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 19, 2024 19:28 ET (00:28 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"}}}