Tag: ASX:AZJ

Aurizon Holdings is under Algo Engine buy signals.

Aurizon reported underlying earnings before interest taxation depreciation and amortisation (EBITDA) of $1.48 billion and told investors to expect underlying EBITDA of between $1.42 billion-$1.5 billion in fiscal 2022.

Aurizon Holdings is under Algo Engine buy signals.

Aurizon reported underlying earnings before interest taxation depreciation and amortisation (EBITDA) of $1.48 billion and told investors to expect underlying EBITDA of between $1.42 billion-$1.5 billion in fiscal 2022.

Aurizon Holdings FY20 earnings beat expectations with EBIT of $910m, this was within the mid point of FY20 guidance of $880-930m.

FY21 EBIT guidance was 6% lower than consensus. Forward yield remains attractive at 5.%. Little in the way of EPS growth and a 100% dividend payout ratio provides a cap to the upside.

AZJ has initiated a new $300m on-market buyback which will help underpin the stock price. This is a good candidate for an at-the-money buy-write to drive portfolio cash flow.

Aurizon Holdings has been under Algo Engine sell conditions following the lower high formation at $5.00

Further downside price action is likely and yield support will build at $4.00 – $4.25. We’ll revisit AZJ once it trades into this range.

Aurizon Holdings is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

Management guided earnings to be within $880 million – $930 million and with coal export data remaining strong, we’re comfortable with the forecast.

AZJ will provide its 3Q20 trading update on 16th April 2020.

Aurizon Holdings reported 1H20 earnings which were mostly in-line with market forecasts.

1H20 EBIT of $456 million with underlying EPS of $0.136cps. The company continues to payout 100% of earnings in dividends.

Full-year 2020 EBIT guidance remains unchanged at $880m – $930m and the share buy-back program has increased to $400m in FY20.

Aurizon Holdings is under Algo Engine buy conditions.

The share price is supported by a combination of the ongoing share buyback program and 100% dividend payout, which places the stock on a forward yield of 4.9%.

AZJ goes ex-div $0.115 on the 25th Feb. Adding a $5.75 June call option boosts the annualized cash flow to 10%.

Aurizon Holdings is under Algo Engine buy conditions and is a current holding in our ASX 100 model portfolio.

We see buying support building at $5.30 and expect the share price to soon trade into the $5.50 to $5.75 range.

AZJ goes ex-div $0.114 on the 25th February.

Our ALGO engine triggered a buy signal for Aurizon Holdings on Tuesday at $4.24.

This “higher low” chart pattern is referenced to the low of $4.10 posted on June 13th.

AZJ’s FY2018 results, which were released last week, showed a modest 1% decrease in revenue from last year, but the underlying EBIT of $940 million was up 6% from 2017.

With a total dividend of 27 cents, the stock has an effective yield of 6% at current prices.

We expect the initial price target of $4.60 to be reached over the medium term.

AZJ

Our Algo Engine triggered a buy signal for AZJ going into yesterday’s ASX close.

With the stock trading $4.22 today, we now look to accumulate AZJ and sell the Nov $4.40 call to add an additional $0.10 of cash flow for the next 3 months.

AZJ next goes ex-div in Feb 19 for $0.14.

Aurizon Holdings