Judo Capital Keeps Bull Despite Risks

Dow Jones

Jun 29

0104 GMT - Judo Capital's bull at Morgans reckons that the stock's recent slump has priced in a significant probability that it will fail to hit guidance. Maintaining a buy rating on the stock, analyst Nathan Lead acknowledges that the business lender is higher risk and more cyclically exposed than Australia's major banks, but tells clients that it also offers higher potential returns. He writes in a note that the stock is now trading at just 0.6 times book value and 6.8 times his FY 2027 earnings forecast. Lead suspects that management's FY 2027 guidance is conservative given the fact they had to downgrade their current year outlook. Morgans cuts its target price 32% to 1.47 Australian dollars. Shares are down 2.6% at A$0.8375. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 28, 2026 21:04 ET (01:04 GMT)

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://www.itiger.com/news/2647341095"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2647341095\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2647341095?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-06-29 09:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2647341095","market":"sg","top_or_hot":-1,"title":"Judo Capital Keeps Bull Despite Risks","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0104 GMT - Judo Capital's bull at Morgans reckons that the stock's recent slump has priced in a significant probability that it will fail to hit guidance. Maintaining a buy rating on the stock, analyst Nathan Lead acknowledges that the business lender is higher risk and more cyclically exposed than Australia's major banks, but tells clients that it also offers higher potential returns. He writes in a note that the stock is now trading at just 0.6 times book value and 6.8 times his FY 2027 earnings forecast. Lead suspects that management's FY 2027 guidance is conservative given the fact they had to downgrade their current year outlook. Morgans cuts its target price 32% to 1.47 Australian dollars. Shares are down 2.6% at A$0.8375. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 28, 2026 21:04 ET (01:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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>Judo Capital Keeps Bull Despite Risks</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\">\nJudo Capital Keeps Bull Despite Risks\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\">2026-06-29 09:04</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0104 GMT - Judo Capital's bull at Morgans reckons that the stock's recent slump has priced in a significant probability that it will fail to hit guidance. Maintaining a buy rating on the stock, analyst Nathan Lead acknowledges that the business lender is higher risk and more cyclically exposed than Australia's major banks, but tells clients that it also offers higher potential returns. He writes in a note that the stock is now trading at just 0.6 times book value and 6.8 times his FY 2027 earnings forecast. Lead suspects that management's FY 2027 guidance is conservative given the fact they had to downgrade their current year outlook. Morgans cuts its target price 32% to 1.47 Australian dollars. Shares are down 2.6% at A$0.8375. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 28, 2026 21:04 ET (01:04 GMT)\n</p>\n<p>\n  Copyright (c) 2026 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":"JDO.AU","symbol_name":"Judo Capital Holdings Ltd","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2647341095","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2647341095","pubTimestamp":1782695040,"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":"0104 GMT - Judo Capital's bull at Morgans reckons that the stock's recent slump has priced in a significant probability that it will fail to hit guidance. Maintaining a buy rating on the stock, analyst Nathan Lead acknowledges that the business lender is higher risk and more cyclically exposed than Australia's major banks, but tells clients that it also offers higher potential returns. He writes in a note that the stock is now trading at just 0.6 times book value and 6.8 times his FY 2027 earnings forecast. Lead suspects that management's FY 2027 guidance is conservative given the fact they had to downgrade their current year outlook. Morgans cuts its target price 32% to 1.47 Australian dollars. Shares are down 2.6% at A$0.8375.  Dow Jones NewswiresJune 28, 2026 21:04 ET Copyright  2026 Dow Jones & Company, Inc.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"JDO.AU":"Judo Capital Holdings Ltd","BK7135":"综合性银行"},"translate_title":"尽管存在风险，柔道资本仍保持牛市","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"JDO.AU":0.9},"content_text":"0104 GMT - Judo Capital's bull at Morgans reckons that the stock's recent slump has priced in a significant probability that it will fail to hit guidance. Maintaining a buy rating on the stock, analyst Nathan Lead acknowledges that the business lender is higher risk and more cyclically exposed than Australia's major banks, but tells clients that it also offers higher potential returns. He writes in a note that the stock is now trading at just 0.6 times book value and 6.8 times his FY 2027 earnings forecast. Lead suspects that management's FY 2027 guidance is conservative given the fact they had to downgrade their current year outlook. Morgans cuts its target price 32% to 1.47 Australian dollars. Shares are down 2.6% at A$0.8375. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 28, 2026 21:04 ET (01:04 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"express","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}