FINANCIAL NEWS

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Shaw and Partners rates IOD as Initiation of coverage with Buy

Shaw and Partners initiates coverage of IODM with a Buy rating, High risk and 23c target price. The company is a leading provider of accounts receivable automation software.

IODM works with FX payment partners and shares FX revenue from international students paying tuition and accommodation fees to universities. The company has 20 universities in the UK and is expanding into the US, Canada, Japan, Mexico and South America.

The analyst forecasts CAGR revenue growth of 47%-plus through FY25-FY28, with cost CAGR growth of 8%, and expects the company to be free cash flow positive in FY27 and cash earnings (EBITDA) positive by FY28 onwards.

Bell Potter rates JIN as Hold

Jumbo Interactive published a preliminary 1H26 update, which pointed to a strong 1H26, with underlying EBITDA of $37.5m, up 22.6% y/y, beating consensus, Bell Potter highlights.

The outcome was driven by acquisitions, resilient Australian performance, SaaS growth, Managed Services recovery, and strength in Dream Car Giveaways UK.

Growth in SaaS, Managed Services and proprietary/charity products lifted non-Lottery Corp ((TLC)) revenue to 39%. However, weaker-than-expected Lotteries TTV points to potential market share or digital penetration pressures, the broker cautions.

FY26 EPS forecast downgraded by -4% but FY26 lifted by 4%, reflecting softer jackpots and higher costs. Target cut to $10.80 from $12.80 on a higher asset beta amid rising AI-related risks for software businesses.

Hold remains.

Citi rates LLC as Buy

Citi notes Lendlease Group made late-year progress on key priorities through asset sales and development wins, but there are delays, particularly in the sale of the Australian retirement business.

The broker is encouraged by the late-year progress, but the pushback in buybacks and higher costs resulted in a downgrade of FY26 earnings forecasts. The broker highlights that the pressures are reflected in recent share price weakness, and it was always known FY26 would be challenging for Lendlease.

Buy retained, with a lower target of $6.30 from $6.70. FY26 EPS forecast cut by -28% but expectation remains for earnings recovery in FY27 on One Circular Quay project.

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ANALYSIS & DATA

FNARENA'S MARKET CONSENSUS FORECASTS

To display the stock analysis for a company please enter the company code:

ANZ | ANZ GROUP HOLDINGS LIMITED

Abbreviated format - see the full version here


LAST PRICECHANGE +/-CHANGE %VOLUME

$37.07

04 Feb
2026

market green arrow 0.290

OPEN

$36.35

market green arrow 0.79%

HIGH

$37.37

4,951,566

LOW

$36.10

TARGET
$35.028-5.5% downside
Franking for last dividend paid out: 70%
FNARENA'S MARKET CONSENSUS FORECASTS
ANZ: 1
TitleFY24
Actual
FY25
Actual
FY26
Forecast
FY27
Forecast
EPS (cps)xxx 198.2 244.0 xxx
DPS (cps)xxx 166.0 167.2 xxx
EPS Growthxxx - 9.1% 23.1% xxx
DPS Growthxxx 0.0% 0.7% xxx
PE Ratioxxx N/A 15.4 xxx
Dividend Yieldxxx N/A 4.4% xxx
Div Pay Ratio(%)xxx 83.8% 68.5% xxx

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RUDI'S VIEWS

Rudi’s View: Woodside, Webjet, Lendlease, Goodman Group & The Lottery Corp

In this week's Weekly Insights: -Recession? The Other Type-Here Endeth The Housing Bull Market-Dividends For Mum?-Conviction Calls-FNArena Talks-Behind The Curve…

Jun 09 2022

DAILY MARKET REPORTS

Australian Broker Call *Extra* Edition – Jun 08, 2022

Extra Edition of the Broker Call Report

Jun 08 2022


The Overnight Report: Didn’t See That Coming

Wall Street turned around from early gains last night to close higher, but the local market is still in shock. Dow up 264. (Available for non-subscribers after 10am)

Jun 08 2022


Today’s Financial Calendar – 08-06-2022

Significant Scheduled Events For 08 June, 2022

Jun 08 2022


ASX Winners And Losers Of Today – 07-06-22

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Jun 07 2022


ASX Winners And Losers Of Today – 06-06-22

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Jun 07 2022


Australian Broker Call *Extra* Edition – Jun 07, 2022

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Jun 07 2022


The Overnight Report: Crossing The Line

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Jun 07 2022


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Jun 07 2022

Australian Listed Real Estate Tables – 06-06-2022

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Jun 06 2022

Weekly Ratings, Targets, Forecast Changes – 03-06-22

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Weekly Top Ten News Stories – 3 June 2022

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Jun 03 2022

Next Week At A Glance – 6-10 Jun 2022

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Jun 03 2022

Australian Listed Investment Company Report

Independent Investment Research updates developments among Australia’s listed investment companies and provides comparative data

Jun 03 2022


In Brief: House Prices, Food Crisis, Packaging

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Jun 03 2022

The Short Report – 02 Jun 2022

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Jun 02 2022

Uranium Week: Follow The Leader

As global financial markets bounced from their sell-offs last week, so too did spot uranium

Jun 01 2022


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THE MARKETS

    Click item/line to change chart

  • Australia

    06 February 2026   Updated : 08:12   AEDT

    SPI Overnight

    8784.00

    -76.00

    -0.86%

    NZ50

    13444.020

    -23.270

    -0.170%

    All Ordinaries

    9154.90

    -49.70

    -0.54%

    S&P ASX 200

    8889.20

    -38.60

    -0.43%

    S&P ASX 300

    8837.90

    -41.60

    -0.47%

    Communication Services

    1690.60

    +5.70

    0.34%

    Consumer Discretionary

    4000.10

    +53.80

    1.36%

    Consumer Staples

    11956.30

    +113.90

    0.96%

    Energy

    9353.50

    -117.90

    -1.24%

    Financials

    9421.70

    +75.10

    0.80%

    Health Care

    34033.50

    +70.20

    0.21%

    Industrials

    8351.70

    +18.50

    0.22%

    Info Technology

    1786.90

    -2.30

    -0.13%

    Materials

    22897.20

    -782.90

    -3.31%

    Real Estate

    3832.60

    +8.40

    0.22%

    Utilities

    9434.00

    +19.40

    0.21%

    A-REITs

    1766.30

    +3.90

    0.22%

    All Technology Index

    2916.60

    +2.20

    0.08%

    Banks

    4126.30

    +35.80

    0.88%

    Gold Index

    19637.80

    -950.60

    -4.62%

    Metals & Mining

    7870.70

    -301.10

    -3.68%

    Click item/line to change chart

  • Australasia

    06 February 2026   Updated : 08:12   AEDT

    AUD/USD

    0.6949

    +0.00

    0.17%

    AUD/NZD

    1.1648

    +0.00

    0.02%

    NZD/USD

    0.5957

    0.00

    -0.45%

    AUD/JPY

    108.94

    -0.50

    -0.46%

    SGD/AUD

    1.13

    +0.00

    0.32%

    AUD/EUR

    0.5890

    0.00

    -0.27%

    AUD/GBP

    0.5129

    +0.00

    0.08%

    AUDCAD

    0.9503

    0.00

    -0.41%

  • World

    06 February 2026   Updated : 08:12   AEDT

    CAD/USD

    0.7300

    0.00

    -0.04%

    EUR/JPY

    184.98

    -0.32

    -0.17%

    EUR/USD

    1.1777

    0.00

    -0.19%

    GBP/USD

    1.3535

    -0.01

    -0.45%

    USD/JPY

    157.05

    +0.00

    0.00%

    Click item/line to change chart

  • World

    06 February 2026   Updated : 08:12   AEDT

    FTSE100

    10309.22

    -93.12

    -0.90%

    DAX30

    24491.06

    -111.98

    -0.46%

    Hang Seng

    26885.24

    +37.92

    0.14%

    Nikkei 225

    53818.04

    -475.32

    -0.88%

    NZ50

    13444.020

    -23.270

    -0.170%

    DJIA

    48908.72

    -592.58

    -1.20%

    S&P500

    6798.40

    -84.32

    -1.23%

    Nasdaq Comp

    22540.59

    -363.99

    -1.59%

    S&P500 VIX

    21.85

    +3.21

    17.22%

    US 10-year yield

    4.210

    -0.065

    -1.520%

    USD Index

    97.81

    +0.28

    0.29%

  • Aus Stocks

    06 February 2026   Updated : 08:12   AEDT

    Amcor (US)

    46.78

    -1.83

    -3.76%

    Newmont (US)

    108.53

    -8.31

    -7.11%

    Rio Tinto (UK)

    6957.00

    -48.00

    -0.69%

    BHP Group (US)

    69.10

    -3.12

    -4.32%

    Rio Tinto (US)

    91.12

    -5.36

    -5.56%

    ResMed (US)

    267.05

    +4.02

    1.53%

    South32 (UK)

    231.00

    -9.50

    -3.95%

    James Hardie (US)

    22.95

    -0.49

    -2.09%

    Janus Henderson (US)

    48.19

    +0.04

    0.08%

    Click item/line to change chart

  • Metals & Minerals

    06 February 2026   Updated : 08:12   AEDT

    Gold (oz)

    4826.61

    -146.90

    -2.95%

    Silver (oz)

    73.54

    -13.58

    -15.58%

    Copper (lb)

    5.7315

    -0.16

    -2.75%

    Aluminium (lb)

    1.3771

    -0.01

    -0.56%

    Nickel (lb)

    7.8115

    +0.02

    0.26%

    Zinc (lb)

    1.5008

    0.00

    -0.23%

    Copper (t)

    12630.68

    -361.46

    -2.78%

    Aluminium (t)

    3035.10

    -17.05

    -0.56%

    Nickel (t)

    17216.50

    +45.00

    0.26%

    Zinc (t)

    3307.70

    -7.60

    -0.23%

    Uranium (lb) weekly

    100.00

    +12.00

    13.64%

    Iron Ore (t)

    101.03

    -1.14

    -1.12%

  • Energy

    06 February 2026   Updated : 08:12   AEDT

    West Texas Crude

    63.20

    -1.19

    -1.85%

    Brent Crude

    67.50

    -1.08

    -1.57%

CALENDAR

Friday, 6 February 2026
CQR1H26 Earnings
NWS2Q26 Earnings
REA1H26 Earnings
Monday, 9 February 2026
AU Dec Household Spending
CAR1H26 Earnings
Tuesday, 10 February 2026
AU Westpac-MI Feb Consumer Sentiment
US 4Q Employment Cost Index
US Dec Import/Export Indexes
AOV1H26 Earnings
CPU1H26 Earnings
RGN1H26 Earnings

ALL WEATHER STOCKS

CodeCompanyPrice
CARCAR GROUP LIMITED

market icon down$25.57

REAREA GROUP LIMITED

market icon up$182.39

RMDRESMED INC

market icon up$37.46

TNETECHNOLOGY ONE LIMITED

market icon up$23.02

WOWWOOLWORTHS GROUP LIMITED

market icon up$31.61

WEEKLY PDF

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