Morgans rates JIN as Add
February 25, 2024 at 08:31 pm EST Share
Morgans assesses a "solid" 1H result for Jumbo Interactive, highlighting strong cash generation and top line growth from a fast growing active customers base.Total transaction value (TTV) increased by 16%, aidedby a particularly strong jackpotting sequence in December, explains the analyst. The interim dividend grew by 17% to 27cps.
The target for Jumbo Interactive rises to $18.70 from $16.00 as the broker increases its large jackpot assumptions to 48 from 44 in FY24, while EPS estimates rise due to improved operating efficiency. Add.
Sector: Consumer Services.
Target price is $18.70.
Current Price is $17.81.
Difference: $0.89 - (brackets indicate current price is over target). If JIN meets the Morgans target it will return approximately 5% (excluding dividends, fees and charges - negative figures indicate an expected loss).
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Last
$17.29 |
Change
-0.350(1.98%) |
Mkt cap ! $1.088B |
Open | High | Low | Value | Volume |
$17.75 | $17.75 | $17.17 | $3.416M | 196.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 490 | $17.14 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.31 | 490 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 1443 | 17.070 |
1 | 1499 | 17.050 |
1 | 120 | 16.700 |
1 | 302 | 16.550 |
1 | 61 | 16.380 |
Price($) | Vol. | No. |
---|---|---|
17.550 | 30 | 1 |
17.570 | 765 | 1 |
17.750 | 1305 | 1 |
17.790 | 1500 | 1 |
17.800 | 1150 | 2 |
Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
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