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).
Morgans rates JIN as AddFebruary 25, 2024 at 08:31 pm EST...
Add JIN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$16.10 |
Change
0.150(0.94%) |
Mkt cap ! $1.013B | |||
| Open | High | Low | Value | Volume |
| $16.05 | $16.29 | $15.93 | $2.765M | 172.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 417 | $15.98 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $16.11 | 417 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
$16.05 |
Change
0.150 ( 0.82 %) |
||||
| Open | High | Low | Volume | ||
| $16.08 | $16.29 | $15.91 | 112236 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| JIN (ASX) Chart |