PXA 0.72% $13.88 pexa group limited

Got this in an email today ...Wednesday, 22 November 2023PXA -...

  1. 28,212 Posts.
    lightbulb Created with Sketch. 479
    Got this in an email today ...

    Wednesday, 22 November 2023

    PXA - PEXA GROUP LIMITED

    Macquarie rates PXA as Outperform (1) - Pexa Group has maintained FY24 guidance metrics aided by cost-outs. The fully integrated Pexa UK and Optima solution is expected to go live by mid next year.

    Pexa confirmed two of the top ten UK banks having committed to going live, with one of these being a major bank. Macquarie assumes the other is Virgin. The objective is to develop a 24-48 hour remortgage solution, so delivery of this is now paramount, the broker suggests.

    Target rises to $15.65 from $15.20, Outperform retained.

    Target price is $15.20 Current Price is $12.14 Difference: $3.06 If PXA meets the Macquarie target it will return approximately 25% (excluding dividends, fees and charges). Current consensus price target is $14.53, suggesting upside of 19.7%(ex-dividends)The company's fiscal year ends in June.

    Forecast for FY24:

    Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of 24.00 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 50.58. How do these forecasts compare to market consensus projections?

    Current consensus EPS estimate is 30.5, implying annual growth of N/A. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 39.8.

    Forecast for FY25:

    Macquarie forecasts a full year FY25 dividend of 0.00 cents and EPS of 35.40 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 34.29. How do these forecasts compare to market consensus projections?

    Current consensus EPS estimate is 43.1, implying annual growth of 41.3%. Current consensus DPS estimate is N/A, implying a prospective dividend yield of N/A. Current consensus EPS estimate suggests the PER is 28.2.

    Market Sentiment: 0.9All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources

 
watchlist Created with Sketch. Add PXA (ASX) to my watchlist
(20min delay)
Last
$13.88
Change
-0.100(0.72%)
Mkt cap ! $2.462B
Open High Low Value Volume
$13.96 $13.97 $13.81 $2.425M 174.6K

Buyers (Bids)

No. Vol. Price($)
1 965 $13.81
 

Sellers (Offers)

Price($) Vol. No.
$13.89 800 2
View Market Depth
Last trade - 16.10pm 23/08/2024 (20 minute delay) ?
PXA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.