PNV Media Thread, page-3241

First 3241 Last

Share
Profile

Follow
Philtrooper

718 Posts.

80

09/08/24

10:06

Post #: 75137301
Share

Originally posted by hottod: ↑

NEWS FLASH!!

Morningstar has upgraded its share price target for PNV.

Morningstar initiated coverage of PNV in September last year, when the share price was ~$1.30, allocating a fair share price value of $1.00. Since then, the Morningstar equity analyst, Shane Ponraj, hasn’t revised his assessment of the company’s fair value.

The good news is that, since Morningstar’s last report on July 25, and with the share price now ~$2.30, the analyst seems to be finally warming to PNV.

In the latest report on PNV, released today, Ponraj concedes that “Polynovo is growing quickly. Fiscal 2024 sales rose 54% to $92 million, 2% ahead of our forecast, with 75% stemming from the main United States market. The shares are up more than 68% in the last year.”

Consequently, Morningstar has raised its fair value estimate by 5% to $1.05 “primarily due to the time value of money and slightly higher revenue forecasts” and revised its forecast five-year revenue compound annual growth rate increases from 25% to 26%.

Phew!!!

Expand

haha 1.05 glad that didnt go out on a limb

PNV Price at posting: $2.32 Sentiment: Buy Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

First 3241 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last $1.17		Change 0.000(0.00%)		Mkt cap ! $804.8M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
2	212	$1.24

Sellers (Offers)

Price($)	Vol.	No.
$1.10	147	2

View Market Depth

No.	Vol.	Price($)
2	212	1.235
1	238	1.220
1	30000	1.180
1	4000	1.170
2	10000	1.165

Price($)	Vol.	No.
1.095	147	2
1.110	1	1
1.145	1	1
1.150	268	2
1.160	1539	2

Last trade - 09.35am 27/06/2025 (20 minute delay)

PNV (ASX) Chart

PNV Media Thread, page-3241

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

Australia’s gas crisis is here – and dying coal plants aren’t helping

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

PNV Media Thread, page-3241

Top Stories

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

Australia’s gas crisis is here – and dying coal plants aren’t helping

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News