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
$17.10 |
Change
0.100(0.59%) |
Mkt cap ! $1.070B |
Open | High | Low | Value | Volume |
$17.16 | $17.25 | $17.00 | $295.7K | 17.25K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
9 | 224 | $17.10 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$17.13 | 214 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 202 | 17.100 |
3 | 119 | 17.090 |
4 | 80 | 17.080 |
4 | 178 | 17.070 |
6 | 866 | 17.060 |
Price($) | Vol. | No. |
---|---|---|
17.130 | 214 | 4 |
17.140 | 406 | 8 |
17.150 | 266 | 5 |
17.160 | 191 | 3 |
17.170 | 735 | 5 |
Last trade - 11.59am 04/07/2024 (20 minute delay) ? |
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