SXE 0.90% $1.69 southern cross electrical engineering ltd

Bell Potter initiate coverage of SXE

  1. 514 Posts.
    lightbulb Created with Sketch. 6
    Bell Potter are forecasting 2025 SP of $2.10 based on EPS of 11.8 cents(NPAT of 31m and EBITDA of 53.8m representing 41% growth on 2024).

    Forecast Dividend 8cps FF.

    They highlight:
    The 37% recurring work the Company achieves
    Forecast of $500m + in work to be awarded for Data Centre builds/extensions over the next 2 years
    Opportunity to expand activity at Western Sydney Airport where existing successful tenders cover cargo handling, command centre and metro stations work.
    Electrification and decarbonization of industry
    SXEs existing blue chip clientele

    A very positive note imo
    Just my opinion please do your own research
 
watchlist Created with Sketch. Add SXE (ASX) to my watchlist
(20min delay)
Last
$1.69
Change
0.015(0.90%)
Mkt cap ! $442.8M
Open High Low Value Volume
$1.70 $1.71 $1.66 $307.3K 182.0K

Buyers (Bids)

No. Vol. Price($)
13 6286 $1.69
 

Sellers (Offers)

Price($) Vol. No.
$1.69 1819 3
View Market Depth
Last trade - 15.03pm 12/08/2024 (20 minute delay) ?
SXE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.