Just got this in an email ...Wed, 17 Apr at 9:34 am
Wednesday, 17 April 2024MAH - MACMAHON HOLDINGS LIMITED
Macquarie rates MAH as Outperform (1) - Macmahon has announced it will acquire Decmil for an enterprise value of $127m, with ordinary shareholders set to receive 30 cents per stock.
The company intends to continue to operate Decmil as a wholly owned subsidiary and maintain branding, with the acquisition to boost the civil and engineering components of the business.
As per Macquarie, the acquisition will boost revenue by 20% and earnings by 10% from FY25, and adds $455m to the company's order book.
The Outperform rating is retained and the target price increases to 27 cents from 25 cents.
Target price is $0.27 Current Price is $0.23 Difference: $0.035 If MAH meets the Macquarie target it will return approximately 15% (excluding dividends, fees and charges). The company's fiscal year ends in June.
Forecast for FY24:
Macquarie forecasts a full year FY24 dividend of 1.00 cents and EPS of 3.80 cents . At the last closing share price the estimated dividend yield is 4.26%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 6.18.
Forecast for FY25:
Macquarie forecasts a full year FY25 dividend of 1.10 cents and EPS of 4.20 cents . At the last closing share price the estimated dividend yield is 4.68%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 5.60.
Market Sentiment: 1.0All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources
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Last
24.5¢ |
Change
-0.005(2.00%) |
Mkt cap ! $527.9M |
Open | High | Low | Value | Volume |
25.0¢ | 25.0¢ | 24.0¢ | $119.8K | 489.7K |
Buyers (Bids)
No. | Vol. | Price($) |
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5 | 142413 | 24.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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24.5¢ | 105173 | 3 |
View Market Depth
No. | Vol. | Price($) |
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4 | 134192 | 0.240 |
6 | 122268 | 0.235 |
7 | 93969 | 0.230 |
3 | 61860 | 0.225 |
6 | 341866 | 0.220 |
Price($) | Vol. | No. |
---|---|---|
0.245 | 105173 | 3 |
0.250 | 194813 | 5 |
0.255 | 521037 | 5 |
0.260 | 1644886 | 27 |
0.265 | 501897 | 10 |
Last trade - 16.10pm 01/05/2024 (20 minute delay) ? |
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Last
24.5¢ |
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Change
-0.005 ( 2.00 %) |
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Open | High | Low | Volume | ||
24.5¢ | 24.5¢ | 24.5¢ | 95922 | ||
Last updated 15.58pm 01/05/2024 ? |
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