Latest news with #APAGroup
Perth Now
2 days ago
- Business
- Perth Now
Aust shares rise, Aussie dollar hits seven-month high
The local bourse has had a positive start to the new financial year, with shares moving modestly higher following a record-setting session on Wall Street. At midday AEDT on Tuesday, the benchmark S&P/ASX200 index was up 14.2 points, or 0.17 per cent, to 8,556.5, while the broader All Ordinaries had gained 12.4 points, or 0.14 per cent, to 8,785.5. The Australian dollar meanwhile had hit a fresh seven-month high against its weakening American counterpart, buying as much as 65.84 US cents in overnight trading. At midday the Aussie was buying 65.69 US cents, from 65.44 US cents on Monday. Also overnight, both the S&P500 and the Nasdaq finished at fresh record highs amid optimism over potential Fed rate cuts and hopes that countries could reach trade agreements with the US before a July 9 deadline after Canada scrapped its tax of technology companies, IG analyst Tony Sycamore wrote. At midday five of the ASX's 11 sectors were lower and six were higher. Utilities was the biggest mover, up 1.0 per cent as APA Group rose 1.5 per cent, and Origin Energy added 0.9 per cent. In the heavyweight mining sector, Fortescue was up 0.2 per cent but BHP had dipped 0.3 per cent and Rio Tinto had declined 1.1 per cent. The big four banks were mixed, with ANZ up 2.1 per cent, NAB adding 0.4 per cent and Westpac edging 0.1 per cent higher, while CBA had declined 1.1 per cent. HMC Capital had plunged 16.9 per cent after the diversified alternative asset manager announced that its energy transition head, Angela Karl, had stepped down. SGH had dropped 2.7 per cent after diversified operating company formerly known as Seven Group Holdings announced that Vik Bansal, chief executive of its Boral business, would step down in 2026.
Business Insider
3 days ago
- Business
- Business Insider
Morgans Keeps Their Sell Rating on APA Group (APAJF)
In a report released today, Nathan Lead from Morgans maintained a Sell rating on APA Group (APAJF – Research Report), with a price target of A$7.60. The company's shares closed last Friday at $5.34. Don't Miss TipRanks' Half Year Sale Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Lead covers the Industrials sector, focusing on stocks such as Dalrymple Bay Infrastructure Ltd., Aurizon Holdings, and Transurban Group. According to TipRanks, Lead has an average return of 1.8% and a 52.78% success rate on recommended stocks. Currently, the analyst consensus on APA Group is a Hold with an average price target of $5.38. Based on APA Group's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.62 billion and a net profit of $18 million. In comparison, last year the company earned a revenue of $1.5 billion and had a net profit of $1.04 billion
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Nikkei Asia
12-06-2025
- Business
- Nikkei Asia
Japan's shorthanded hotels quickly embrace automation
TOKYO -- As Japan's understaffed hospitality industry deals with a rush of foreign tourists, hotels are increasingly turning to automated labor-saving devices. One afternoon in late May, a lobby at an APA Group hotel near the National Diet Building here was bustling with international guests. Japanese businesspeople could tap kiosk screens and complete their check-in within seconds of arriving.
Business Insider
03-06-2025
- Business
- Business Insider
APA Group (APAJF) was downgraded to a Sell Rating at Morgans
Morgans analyst Nathan Lead downgraded APA Group (APAJF – Research Report) to a Sell today and set a price target of A$7.36. Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Lead covers the Industrials sector, focusing on stocks such as Dalrymple Bay Infrastructure Ltd., Transurban Group, and Cleanaway Waste Management. According to TipRanks, Lead has an average return of 2.5% and a 53.13% success rate on recommended stocks. Currently, the analyst consensus on APA Group is a Moderate Buy with an average price target of $5.49. APAJF market cap is currently $6.98B and has a P/E ratio of -225.00. Based on the recent corporate insider activity of 12 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of APAJF in relation to earlier this year.
Yahoo
20-05-2025
- Business
- Yahoo
Investors in APA Group (ASX:APA) have unfortunately lost 6.7% over the last five years
While not a mind-blowing move, it is good to see that the APA Group (ASX:APA) share price has gained 23% in the last three months. But if you look at the last five years the returns have not been good. After all, the share price is down 30% in that time, significantly under-performing the market. Now let's have a look at the company's fundamentals, and see if the long term shareholder return has matched the performance of the underlying business. Our free stock report includes 2 warning signs investors should be aware of before investing in APA Group. Read for free now. While markets are a powerful pricing mechanism, share prices reflect investor sentiment, not just underlying business performance. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. Over five years APA Group's earnings per share dropped significantly, falling to a loss, with the share price also lower. The recent extraordinary items contributed to this situation. Since the company has fallen to a loss making position, it's hard to compare the change in EPS with the share price change. But we would generally expect a lower price, given the situation. The image below shows how EPS has tracked over time (if you click on the image you can see greater detail). It's good to see that there was some significant insider buying in the last three months. That's a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. This free interactive report on APA Group's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. It is important to consider the total shareholder return, as well as the share price return, for any given stock. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. So for companies that pay a generous dividend, the TSR is often a lot higher than the share price return. We note that for APA Group the TSR over the last 5 years was -6.7%, which is better than the share price return mentioned above. And there's no prize for guessing that the dividend payments largely explain the divergence! APA Group provided a TSR of 1.0% over the last twelve months. But that return falls short of the market. On the bright side, that's still a gain, and it is certainly better than the yearly loss of about 1.3% endured over half a decade. It could well be that the business is stabilizing. It's always interesting to track share price performance over the longer term. But to understand APA Group better, we need to consider many other factors. Consider risks, for instance. Every company has them, and we've spotted 2 warning signs for APA Group you should know about. If you like to buy stocks alongside management, then you might just love this free list of companies. (Hint: most of them are flying under the radar). Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
