Stock Analysis

Can HT&E shares continue to rally?

We recently reviewed HT&E (ASX:HT1) in order to assess whether the re-rating in the share price since the release of interim results in August is sustainable. To this end, we consider two factors that are likely to be the key drivers for the share price: The outlook for the domestic radio market and the potential for capital management. About HT&E HT&E Ltd (Here There & Everywhere) was previously APN News & Media, after a change in the Company name in …

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Assessing Incitec Pivot as a turnaround story

Early last month, Incitec Pivot (ASX:IPL) announced a strategic review into its Fertiliser segment, which could result in IPL becoming purely an explosives company. This would be a clear positive for IPL shares on a number of fronts. However, there are a number of other fundamental drivers that are equally important in any potential re-rating. At present, there are two operating segments: Explosives and Fertilisers. The Explosives segment, which is expected to account for over 80% of FY20 EBIT, has …

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Time to buy shares in Webjet?

Webjet (ASX:WEB) recently released their full year results and they contained some disappointing aspects. This contributed to the weakness in the share price post results release. After tumbling from $17 to $11, there could be an opportunity here. We have considered the organic growth opportunities in the B2B business, the challenges in the B2C segment, and the potential for further acquisitions. WEB has two key segments – Business to Consumer (B2C) and Business to Business (B2B). B2C consists of Webjet …

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Bapcor shares are back on the radar

The last 12 months have been tough for Bapcor (ASX:BAP) but there now appears to be light at the end of the tunnel.   After a challenging period for Bapcor shares, we saw the recent full year results release (FY19) as potentially a turning point. The investment case for BAP is now supported by: 1. a quicker-than-expected rebound in sales growth the Trade segment, 2. the re-commencement of earnings growth for the Retail & Service segment, 3. growth opportunities from …

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Don’t rush into buying Challenger shares

Challenger (ASX:CGF) has been a market darling for many years. However, the last 18 months has seen an almost halving of the share price. Does this mean that is now a fantastic buying opportunity? Better-than-expected guidance for FY20 provided by Challenger at the recently-released FY19 results provided the market with short-lived hope that meaningful earnings growth was set to re-commence from FY21. This was after negative EPS growth over the last two years, as well as for FY20. We examine …

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