3 Stocks Moving Up The Radar – ANN, CCP And JBH

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3 stocks moving up the radar

After the positive retail sales data, it was a week of rallies with Australian shares climbing up on the ASX for four sessions. The winning streak finally ended today but overall the week was positive, and gains were extended in the new year. Three stocks from different sectors moving up the radar are discussed as follows.

ANSELL LIMITED (ASX: ANN) – There was a recent change in director Christina Stercken’s interest held in the name of CPU Share Plans Pty Ltd as trustee for the ANN VSP CONTROL A/C, being an account in which the director has an interest with 148 securities being acquired recently. To realize the targeted $30m annual cost savings by F’20, originally announced in July 2017, implementation of Ansell’s Transformation Program is on track via a focus on four main objectives. The stock last traded price was up at $22.290. The stock saw a percentage change of 7.04% in sixty months. The stock has an interesting P/E of 4.770 and EPS of 4.557 AUD which makes it attractive among its peer group.

CREDIT CORP GROUP LIMITED (ASX: CCP) – The company has maintained long term growth and has a return on equity of 16-18% with low gearing. Over the past ten years, the EPS has grown with a CAGR of 27% which implies the sustained performance of the company. The company has strong cash flow generation which will further increase headroom over the balance of FY19. The top end of FY19 guidance implies that the company has achieved an 18% increase in consumer lending NPAT and the target 12% ROA. The stock’s last traded price was up at $20.140. The stock saw a percentage change of 6.09% in six months. The stock has an interesting P/E of 14.570 and EPS of 1.351 AUD which makes it attractive among its peer group.

JB HI-FI LIMITED (ASX: JBH) – The company has recently announced a change of interests of substantial holder BNP Paribas Nominees Pty Ltd. Comprising of JB HI-FI Australia $4.75 billion, JB HI-FI New Zealand (NZD) $0.22 billion and the Good Guys $2.15 billion the company previously announced FY19 group sales guidance of total sales of circa $7.1 billion. The company’s annual dividend yield for 2018 was of 6.27%. The company reported an EBITDA margin of 6.0% reflecting a year of growth for the company and return on equity of approximately 26% reflecting the overall strong position to the shareholders. The stock’s last traded price was up at $21.580. The stock saw a percentage change of 3.04% in last week. The stock has an interesting P/E of 10.360 and EPS of 2.031 AUD which makes it attractive among its peer group.


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