Macquarie upgrades its forecasts, based on GNC's update. Now forecasting:
FY2022
Revenue: $6.02b
EBITDA: $519m
NPAT: $268m ($1.19/share)
Dividend: 27cps
FY2023
Revenue: $4.75b
EBITDA: $295m
NPAT: $117m (53c/share)
Dividend: 26cps
Its valuation and 12-month target price is $9.48.
I think Macquarie's dividend forecasts are light given expected npat, but they might be expecting ongoing share buybacks (remember that a $50m buy back is to commence this month ...).
Ann: FY22 Earnings Guidance, page-20
-
- There are more pages in this discussion • 73 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add GNC (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$9.03 |
Change
0.080(0.89%) |
Mkt cap ! $2.025B | |||
| Open | High | Low | Value | Volume |
| $9.03 | $9.06 | $8.91 | $4.920M | 546.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 4087 | $9.00 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $9.04 | 23329 | 4 |
View Market Depth
| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| GNC (ASX) Chart |