Morgan Stanley suspects the company may be at the point of a significant earnings inflection. An investor briefing scheduled for May may be able to outline this potential and prove to be a material positive catalyst, in the broker's view.
Morgan Stanley suggests the company is targeting a return to double-digit EBIT. As consensus is forecasting margins to hold at around 6% through FY19 the broker envisages earnings risk is significantly skewed to the upside.
Overweight rating and Cautious industry view are retained. Target is raised to $12.52 from $11.94.
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Last
$14.92 |
Change
-0.020(0.13%) |
Mkt cap ! $7.833B |
Open | High | Low | Value | Volume |
$14.71 | $14.93 | $14.71 | $3.371M | 227.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 1125 | $14.91 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.92 | 395 | 6 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 209 | 14.900 |
20 | 2210 | 14.890 |
14 | 1991 | 14.880 |
8 | 1340 | 14.870 |
13 | 4136 | 14.860 |
Price($) | Vol. | No. |
---|---|---|
14.910 | 1815 | 13 |
14.920 | 2863 | 13 |
14.930 | 5172 | 12 |
14.940 | 3296 | 10 |
14.950 | 1429 | 6 |
Last trade - 13.17pm 07/10/2024 (20 minute delay) ? |
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WOR (ASX) Chart |