Fy25 eps guidance they have given is 11.5 to 12.0c
Morgans target of $1.30 was based on fy25 eps of 10.6c
So it's a beat on the full FY25 guidance.
Would suggest any selloff at the open would be an excellent time to top up.Morgans makes only minor forecast changes for Acrow following a "good" trading update, with management's guidance for 1H25 and FY25 earnings (EBITDA) in line with the broker's forecasts.
Management advised that secured hire contract wins (a key leading indicator of future performance, according to the broker) increased 57% to $33.8m in the first four months of FY25.
The Add rating and $1.30 target are unchanged.
FORECAST
Morgans forecasts a full year FY25 dividend of 5.90 cents and EPS of 10.60 cents.
Morgans forecasts a full year FY26 dividend of 6.30 cents and EPS of 11.10 cents.
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Last
97.5¢ |
Change
-0.010(1.02%) |
Mkt cap ! $300.2M | |||
| Open | High | Low | Value | Volume |
| 98.5¢ | 99.0¢ | 97.5¢ | $361.7K | 368.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 64151 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 100839 | 5 |
View Market Depth
| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| ACF (ASX) Chart |