2 Stocks that moved up and 2 that moved down – PGH, ING, RWC and SUL

  • Aug 29, 2018 AEST
  • Team Kalkine
2 Stocks that moved up and 2 that moved down – PGH, ING, RWC and SUL

PACT GROUP HOLDINGS LTD (ASX: PGH) - The positive outlook boosted the stock upward. The company had significant EBITDA impact of $13 million from higher input costs with financial results of EBITDA at $237 million which is up by 2%. In line with the expectations, there was strong revenue and earnings growth from strategic initiatives. The net debt has come down from $647 million in FY 17 to $599 million in FY 18. Final dividends were of 11.5 cps with total of 23.0 cps in line with prior guidance. The stock was trading at a market price of $4.050 and with a daily price change of $0.110 and a percentage change of 2.792% as at August 29, 2018. The stock has however, undergone a performance change of a -23.97% over the past 12 months. The P/E is of 16.840 and the EPS is still on a positive side 0.234 AUD which reflects signs of future growth.

INGHAMS GROUP LIMITED (ASX: ING) - Supported by working capital management and strategic asset sales there is strong operating cash flow generation. Volume grew at 3.2% for core chicken and turkey. The company has achieved EBITDA growth of 7.1% to $208.9 million and the NPAT growth to $114.6 million up by 12.4%. Most importantly, cash on hand is up from $273.7 million by 83.7% on prior year balance of $149.0 million. The stock was trading at a market price of $3.700 and with a daily price change of $0.090 and a percentage change of 2.493% as at August 29, 2018. The stock has however, undergone a performance change of a 2.27% over the past 12 months. The P/E of the company is 11.720 and EPS is still on a positive side 0.308 AUD i.e. a growth of 12.4% which reflects signs of future growth. 

RELIANCE WORLDWIDE CORPORATION LIMITED (ASX: RWC) - The Group successfully completed the acquisition of all the issued shares of John Guest Holdings Limited on the terms which were announced on 24 May 2018. The group has significant exposure to the offshore currency, US particularly and growth is expected to be witnessed going forward given the acquisition moves. In line with guidance, the company delivered strong growth. The stock was trading at a market price of $5.400 and with a daily price change of -$0.350 and a percentage change of -6.087% as at August 29, 2018. After it revealed a softer outlook for profits in 2018-19 and because of higher cost of copper, the group’s share price suffered. The stock has however, undergone a performance change of an attractive 62.00% over the past 12 months. The P/E of the company is 46.750 and EPS is still on a positive side 0.123 AUD which reflects signs of future growth.

SUPER RETAIL GROUP LIMITED (ASX: SUL) - The total group sales of $2.57 billion is up by 4.2%. Up by $73.9 million, the operating cashflow is of $308.4 million which is up on pcp. The full year dividend is up by 5.4% to 49.0 cents per share. Through transformation the company has continued strong cash generation. However, net debt increased due to full debt funding of Macpac acquisition of $133.8m. The stock was trading at a market price of $9.590 and with a daily price change of -$0.320 and a percentage change of -3.229% as at August 29, 2018. The stock has however, undergone a performance change of a 20.56% over the past 12 months. The P/E of the company is 15.250 and EPS is still on a positive side 0.650 AUD which compares well among its peers.

Dividend Stocks To Buy

The Income available from dividends remains attractive for many investors.

We take a look at the best yields on the market and assess what they say about a company’s prospect.

One Thing is certain, though, Australia interest rates are still low, making income difficult to come by and keeping the focus for many investors on high yielding stocks. Kalkine’s team of analysts bought you handpicked report for “Top 25 Dividend Stocks For 2018.”

ASX-relevant Special Reports are published year-round to provide a detailed analysis into an investing opportunity or a potential risk to your portfolio.

Click here to get your free report.


Disclaimer

The advice given by Kalkine Pty Ltd and provided on this website is general information only and it does not take into account your investment objectives, financial situation or needs. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. Kalkinemedia.com and associated websites are published by Kalkine Pty Ltd ABN 34 154 808 312 (Australian Financial Services License Number 425376). website), employees and/or associates of Kalkine Pty Ltd do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations.

 

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK