WiseTech's Strong Growth Outlook Remains Intact -- Market Talk

Dow Jones

Feb 27, 2025

0330 GMT - WiseTech's strong growth outlook is largely unchanged by its recent performance or management upheaval, according to its bull at Bell Potter. Analyst Chris Savage tells clients in a note that the logistics-software provider's first-half Ebitda was about 4% stronger than he had anticipated, while free cash flow also looked good and the dividend beat his expectations. He accepts the company's explanation that its recent guidance downgrade is related to delayed product rollouts. He cuts his target price 10% to A$122.50, trimming his revenue forecasts and adjusting for a higher cost of capital due to governance issues. Bell Potter keeps a buy rating on the stock, which is down 2.7% at A$93.87. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 26, 2025 22:30 ET (03:30 GMT)

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Analyst Chris Savage tells clients in a note that the logistics-software provider's first-half Ebitda was about 4% stronger than he had anticipated, while free cash flow also looked good and the dividend beat his expectations. He accepts the company's explanation that its recent guidance downgrade is related to delayed product rollouts. He cuts his target price 10% to A$122.50, trimming his revenue forecasts and adjusting for a higher cost of capital due to governance issues. Bell Potter keeps a buy rating on the stock, which is down 2.7% at A$93.87. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 22:30 ET (03:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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>WiseTech's Strong Growth Outlook Remains Intact -- 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\">\nWiseTech's Strong Growth Outlook Remains Intact -- 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\">2025-02-27 11:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0330 GMT - WiseTech's strong growth outlook is largely unchanged by its recent performance or management upheaval, according to its bull at Bell Potter. Analyst Chris Savage tells clients in a note that the logistics-software provider's first-half Ebitda was about 4% stronger than he had anticipated, while free cash flow also looked good and the dividend beat his expectations. He accepts the company's explanation that its recent guidance downgrade is related to delayed product rollouts. He cuts his target price 10% to A$122.50, trimming his revenue forecasts and adjusting for a higher cost of capital due to governance issues. Bell Potter keeps a buy rating on the stock, which is down 2.7% at A$93.87. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 26, 2025 22:30 ET (03:30 GMT)\n</p>\n<p>\n  Copyright (c) 2025 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":"BK7503","symbol_name":"科技股","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2514632810","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2514632810","pubTimestamp":1740627000,"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":"0330 GMT - WiseTech's strong growth outlook is largely unchanged by its recent performance or management upheaval, according to its bull at Bell Potter. 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","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7503":"科技股","WTC.AU":"WISETECH GLOBAL LTD","BK7016":"应用软件"},"translate_title":"慧聪科技的强劲增长前景保持不变——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"WTC.AU":0.9},"content_text":"0330 GMT - WiseTech's strong growth outlook is largely unchanged by its recent performance or management upheaval, according to its bull at Bell Potter. Analyst Chris Savage tells clients in a note that the logistics-software provider's first-half Ebitda was about 4% stronger than he had anticipated, while free cash flow also looked good and the dividend beat his expectations. He accepts the company's explanation that its recent guidance downgrade is related to delayed product rollouts. He cuts his target price 10% to A$122.50, trimming his revenue forecasts and adjusting for a higher cost of capital due to governance issues. Bell Potter keeps a buy rating on the stock, which is down 2.7% at A$93.87. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 26, 2025 22:30 ET (03:30 GMT)\n\n\n  Copyright (c) 2025 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":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}