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 ...).
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Last
$7.88 |
Change
-0.035(0.44%) |
Mkt cap ! $1.751B | |||
| Open | High | Low | Value | Volume |
| $7.97 | $7.99 | $7.85 | $909.6K | 115.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 922 | $7.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.88 | 997 | 5 |
View Market Depth
| Last trade - 10.52am 27/06/2025 (20 minute delay) ? |
| GNC (ASX) Chart |