** Morningstar cuts fair value estimate for Australia's Accent Group AAX1 by 4% to A$2.50after posting weak sales for 23-weeks ended June 8
** Morningstar reduces FY25 sales forecast by 3%; sees like-for-like sales growth of around 3% in FY26, down from 5%
** Says consumers have proven more cautious than expected; flags tough conditions for retailers
** However, Morningstar says shares remain materially undervalued
** As inventory normalizes and discounting eases, gross margins should recover - Morningstar
** Morningstar cuts fair value estimate for Australia's Accent...
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.35 |
Change
-0.010(0.74%) |
Mkt cap ! $811.6M | |||
| Open | High | Low | Value | Volume |
| $1.39 | $1.40 | $1.34 | $6.644M | 4.855M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 13015 | $1.35 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.36 | 30573 | 2 |
View Market Depth
| Last trade - 16.10pm 16/06/2025 (20 minute delay) ? |
| AX1 (ASX) Chart |