SFR sandfire resources limited

Just got this in an email ... Fri, 12 May at 9:29 amFriday, 12...

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    Just got this in an email ... Fri, 12 May at 9:29 am


    Friday, 12 May 2023

    SFR - SANDFIRE RESOURCES LIMITED

    Macquarie rates SFR as Outperform (1) - Sandfire Resources has completed the rescheduling of its US$452m MATSA debt facility. The new schedule will increase surplus cash flow over FY24-25.

    Macquarie welcomes the new repayment schedule and expects Sandfire Resources will generate US$83m in free cash flow in FY24 and US$223m in FY25. Outperform rating and $7.30 target maintained.

    Target price is $7.30 Current Price is $6.50 Difference: $0.8 If SFR meets the Macquarie target it will return approximately 12% (excluding dividends, fees and charges). Current consensus price target is $6.91, suggesting upside of 6.3%(ex-dividends)The company's fiscal year ends in June.

    Forecast for FY23:

    Macquarie forecasts a full year FY23 dividend of 0.00 cents and EPS of minus 6.49 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is minus 100.18. How do these forecasts compare to market consensus projections?

    Current consensus EPS estimate is -13.1, 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 N/A.

    Forecast for FY24:

    Macquarie forecasts a full year FY24 dividend of 0.00 cents and EPS of 14.89 cents . At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 43.65. How do these forecasts compare to market consensus projections?

    Current consensus EPS estimate is 15.5, implying annual growth of N/A. Current consensus DPS estimate is 2.4, implying a prospective dividend yield of 0.4%. Current consensus EPS estimate suggests the PER is 41.9.

    This company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.Market Sentiment: 0.4All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources


 
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Last
$11.06
Change
-0.180(1.60%)
Mkt cap ! $5.077B
Open High Low Value Volume
$11.11 $11.16 $10.99 $13.06M 1.178M

Buyers (Bids)

No. Vol. Price($)
2 2433 $11.02
 

Sellers (Offers)

Price($) Vol. No.
$11.07 2052 2
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Last trade - 16.10pm 25/07/2025 (20 minute delay) ?
SFR (ASX) Chart
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