Stock is trading like the market is anticipating an earnings downgrade, which i think is not an unreasonable sentiment.
From an investment standpoint the question is what magnitude of downgrade is being priced into the current stock price.
By my reckoning, the market is pricing in FY2024 EBIT of somewhere close to $900m, which I don't think is beyond the realms of possibility.
So, I think the market is getting it right in marking the share price down (certainly directionally, if not specifically).
.
- Forums
- ASX - By Stock
- Ann: Half Yearly Report and Accounts
Stock is trading like the market is anticipating an earnings...
-
- There are more pages in this discussion • 21 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SHL (ASX) to my watchlist
(20min delay)
|
|||||
Last
$27.08 |
Change
0.125(0.46%) |
Mkt cap ! $12.94B |
Open | High | Low | Value | Volume |
$27.08 | $27.16 | $26.94 | $2.235M | 82.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 117 | $27.07 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$27.09 | 562 | 11 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
13 | 1302 | 27.060 |
9 | 1225 | 27.050 |
6 | 1089 | 27.040 |
4 | 493 | 27.030 |
5 | 1462 | 27.020 |
Price($) | Vol. | No. |
---|---|---|
27.080 | 202 | 3 |
27.090 | 832 | 11 |
27.100 | 605 | 7 |
27.110 | 1277 | 5 |
27.120 | 379 | 3 |
Last trade - 10.42am 13/09/2024 (20 minute delay) ? |
Featured News
SHL (ASX) Chart |