A2M 0.87% $6.85 the a2 milk company limited

Media Updates, page-13018

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    Forsyth Barr Broker report - 09 August - bullish - (comments below - don't have full access).
    • The a2 Milk Company (ATM)'s 12 month forward PE has de-rated materially year-to-date, while EPS estimates are up modestly.
    • ATM is now trading on ~23x 12 month forward PE (~19x cash adjusted), which is a near all-time low.
    • Following recent robust data suggesting market share gains across offline and online channels, and an improving gross margin outlook, we think FY23 earnings guidance may prove to be conservative.


 
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Last
$6.85
Change
-0.060(0.87%)
Mkt cap ! $4.952B
Open High Low Value Volume
$6.91 $6.93 $6.81 $7.337M 1.070M

Buyers (Bids)

No. Vol. Price($)
1 4252 $6.84
 

Sellers (Offers)

Price($) Vol. No.
$6.86 10763 3
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Last trade - 16.10pm 26/07/2024 (20 minute delay) ?
A2M (ASX) Chart
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