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Austin Engineering (AUSTF) Receives a Buy from Bell Potter
Austin Engineering (AUSTF) Receives a Buy from Bell Potter

Business Insider

time3 days ago

  • Business
  • Business Insider

Austin Engineering (AUSTF) Receives a Buy from Bell Potter

In a report released today, Marcus Barnard from Bell Potter maintained a Buy rating on Austin Engineering (AUSTF – Research Report), with a price target of A$0.60. The company's shares closed last Thursday at $0.25. 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 According to TipRanks, Barnard is a 2-star analyst with an average return of 1.1% and a 55.56% success rate. Barnard covers the Financial sector, focusing on stocks such as Platinum Asset Management Ltd, Challenger , and Perpetual Limited. The word on The Street in general, suggests a Strong Buy analyst consensus rating for Austin Engineering with a $0.44 average price target, representing a 76.00% upside. In a report released on June 12, Petra Capital also maintained a Buy rating on the stock with a A$0.59 price target.

Declining Stock and Solid Fundamentals: Is The Market Wrong About Austin Engineering Limited (ASX:ANG)?
Declining Stock and Solid Fundamentals: Is The Market Wrong About Austin Engineering Limited (ASX:ANG)?

Yahoo

time17-06-2025

  • Business
  • Yahoo

Declining Stock and Solid Fundamentals: Is The Market Wrong About Austin Engineering Limited (ASX:ANG)?

It is hard to get excited after looking at Austin Engineering's (ASX:ANG) recent performance, when its stock has declined 20% over the past three months. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. In this article, we decided to focus on Austin Engineering's ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Austin Engineering is: 18% = AU$25m ÷ AU$141m (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. That means that for every A$1 worth of shareholders' equity, the company generated A$0.18 in profit. See our latest analysis for Austin Engineering We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. To begin with, Austin Engineering seems to have a respectable ROE. Especially when compared to the industry average of 8.7% the company's ROE looks pretty impressive. This probably laid the ground for Austin Engineering's significant 35% net income growth seen over the past five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently. As a next step, we compared Austin Engineering's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 19%. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for ANG? You can find out in our latest intrinsic value infographic research report. Austin Engineering has a really low three-year median payout ratio of 16%, meaning that it has the remaining 84% left over to reinvest into its business. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company. Additionally, Austin Engineering has paid dividends over a period of five years which means that the company is pretty serious about sharing its profits with shareholders. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to rise to 34% over the next three years. Regardless, the ROE is not expected to change much for the company despite the higher expected payout ratio. On the whole, we feel that Austin Engineering's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. 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. Sign in to access your portfolio

Declining Stock and Solid Fundamentals: Is The Market Wrong About Austin Engineering Limited (ASX:ANG)?
Declining Stock and Solid Fundamentals: Is The Market Wrong About Austin Engineering Limited (ASX:ANG)?

Yahoo

time17-06-2025

  • Business
  • Yahoo

Declining Stock and Solid Fundamentals: Is The Market Wrong About Austin Engineering Limited (ASX:ANG)?

It is hard to get excited after looking at Austin Engineering's (ASX:ANG) recent performance, when its stock has declined 20% over the past three months. But if you pay close attention, you might gather that its strong financials could mean that the stock could potentially see an increase in value in the long-term, given how markets usually reward companies with good financial health. In this article, we decided to focus on Austin Engineering's ROE. ROE or return on equity is a useful tool to assess how effectively a company can generate returns on the investment it received from its shareholders. In short, ROE shows the profit each dollar generates with respect to its shareholder investments. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The formula for return on equity is: Return on Equity = Net Profit (from continuing operations) ÷ Shareholders' Equity So, based on the above formula, the ROE for Austin Engineering is: 18% = AU$25m ÷ AU$141m (Based on the trailing twelve months to December 2024). The 'return' is the income the business earned over the last year. That means that for every A$1 worth of shareholders' equity, the company generated A$0.18 in profit. See our latest analysis for Austin Engineering We have already established that ROE serves as an efficient profit-generating gauge for a company's future earnings. We now need to evaluate how much profit the company reinvests or "retains" for future growth which then gives us an idea about the growth potential of the company. Assuming everything else remains unchanged, the higher the ROE and profit retention, the higher the growth rate of a company compared to companies that don't necessarily bear these characteristics. To begin with, Austin Engineering seems to have a respectable ROE. Especially when compared to the industry average of 8.7% the company's ROE looks pretty impressive. This probably laid the ground for Austin Engineering's significant 35% net income growth seen over the past five years. We believe that there might also be other aspects that are positively influencing the company's earnings growth. For instance, the company has a low payout ratio or is being managed efficiently. As a next step, we compared Austin Engineering's net income growth with the industry, and pleasingly, we found that the growth seen by the company is higher than the average industry growth of 19%. Earnings growth is an important metric to consider when valuing a stock. It's important for an investor to know whether the market has priced in the company's expected earnings growth (or decline). By doing so, they will have an idea if the stock is headed into clear blue waters or if swampy waters await. Has the market priced in the future outlook for ANG? You can find out in our latest intrinsic value infographic research report. Austin Engineering has a really low three-year median payout ratio of 16%, meaning that it has the remaining 84% left over to reinvest into its business. This suggests that the management is reinvesting most of the profits to grow the business as evidenced by the growth seen by the company. Additionally, Austin Engineering has paid dividends over a period of five years which means that the company is pretty serious about sharing its profits with shareholders. Upon studying the latest analysts' consensus data, we found that the company's future payout ratio is expected to rise to 34% over the next three years. Regardless, the ROE is not expected to change much for the company despite the higher expected payout ratio. On the whole, we feel that Austin Engineering's performance has been quite good. In particular, it's great to see that the company is investing heavily into its business and along with a high rate of return, that has resulted in a sizeable growth in its earnings. Having said that, the company's earnings growth is expected to slow down, as forecasted in the current analyst estimates. To know more about the company's future earnings growth forecasts take a look at this free report on analyst forecasts for the company to find out more. 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.

Petra Capital Sticks to Their Buy Rating for Austin Engineering (AUSTF)
Petra Capital Sticks to Their Buy Rating for Austin Engineering (AUSTF)

Business Insider

time12-06-2025

  • Business
  • Business Insider

Petra Capital Sticks to Their Buy Rating for Austin Engineering (AUSTF)

In a report released today, James Lennon from Petra Capital maintained a Buy rating on Austin Engineering (AUSTF – Research Report), with a price target of A$0.59. The company's shares closed yesterday at $0.25. 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 According to TipRanks, Lennon is a 4-star analyst with an average return of 14.4% and a 48.44% success rate. Lennon covers the Industrials sector, focusing on stocks such as Austin Engineering , Austal , and Bhagwan Marine Ltd.. Currently, the analyst consensus on Austin Engineering is a Moderate Buy with an average price target of $0.46, implying an 81.60% upside from current levels. In a report released yesterday, Shaw and Partners also maintained a Buy rating on the stock with a A$0.60 price target.

Austin Engineering (AUSTF) Gets a Buy from Shaw and Partners
Austin Engineering (AUSTF) Gets a Buy from Shaw and Partners

Business Insider

time12-06-2025

  • Business
  • Business Insider

Austin Engineering (AUSTF) Gets a Buy from Shaw and Partners

Shaw and Partners analyst Philip Pepe maintained a Buy rating on Austin Engineering (AUSTF – Research Report) today and set a price target of A$0.60. The company's shares closed today at $0.25. 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 According to TipRanks, Pepe is an analyst with an average return of -0.6% and a 41.94% success rate. Pepe covers the Industrials sector, focusing on stocks such as Acrow Formwork and Construction Services Limited, Austin Engineering , and Lindsay Australia Limited. Austin Engineering has an analyst consensus of Moderate Buy, with a price target consensus of $0.46. Based on Austin Engineering 's latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $171.46 million and a net profit of $10.02 million. In comparison, last year the company earned a revenue of $143.57 million and had a net profit of $12.22 million

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