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Fletcher Building (FBU)

FBU $3.22

20 MINUTE DELAYED

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FBU $3.22

20 MINUTE DELAYED

TODAY

-3.88 %

1 YEAR RETURN

0.00%

VOLUME

1,498,159

DIV YIELD

PE RATIO

0.00

52 WEEK RANGE

2.49

3.44

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	3.22
Change	-0.13 (-3.88)
Bid / Ask	3.16 - 3.30
Volume	1,498,159
Turnover	4,846,123
Open	3.27
Day Range	3.18 - 3.30
VWAP	3.23
Prev Close	3.35
Last Trade	29/01 4:10pm (AEST)

KEY INFORMATION
Sector	Capital Goods
Shares Issued	1,047,431,081
NTA/Share	0.00
Last Dividend	0.15
Dividend Ex Date	14 SEP 2023
Dividend Pay Date	05 OCT 2023

CURRENT ()
Revenue	7,196.00
EBITDA	750.00
Profit	152.00
Earnings Per Share (EPS)	0
Dividend Per Share (DPS)	0
Yield %	0.00
Market Cap	0
Price to Earnings Ratio (P/E)	0

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	7,091.04
EBITDA	758.50
Profit	180.91
Earnings Per Share (EPS)	0.17
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (HOLD)

2.81

OPINION

05/12/2024 09:52

Fletcher Building Ltd (FBU) $2.60

FBU fell by 5.5% on Wednesday as the company faced pressure due to sluggish demand for construction and infrastructure projects, particularly in its Australian and New Zealand core markets.

13/05/2024 16:25

Fletcher Building (FBU) $2.87

FBU –10.87%: Another profit warning for the building supplies company today thanks to a challenging environment in the residential markets across both New Zealand and Australia for 2H24. FBU called out "weaker revenues and gross margin pressure" and noted that steel "end markets have been particularly soft."

29/02/2024 09:16

Fletcher Building Ltd (FBU) $3.81

FBU has underperformed due to a combination of faster deterioration in residential volumes and mix change impacting margins plus larger legacy costs. The stock was hammered after reporting 1H24 EBIT before significant items of $264m, which was 16% below expectations, although it has bounced strongly from its panic lows.

10/11/2023 09:37

Fletcher Building Ltd (FBU) $4.28

Building products company FBU rallied +3.1% on Thursday, potentially keying off James Hardies' (JHX) strong result earlier this week. The stock has been under pressure through 2023 due to litigation around plumbing issues in Perth with the Buckeridge Group of Companies (BGC) hanging over its head – as we know, markets hate uncertainty. The stock is reasonably priced, trading on a 10.8x P/E for 2024, compared to high-flying James Hardie (JHX), which is on x19.1. For good measure, FBU is forecast to yield 8.7% over the next 12 months.

16/10/2023 16:58

Fletcher Building (FBU) $4.07

FBU -8.64%: the dual-listed building products company traded for the first time since last Wednesday, spending the long weekend preparing a statement on faulty water pipes that have been causing issues. The issue pertains to plumbing products manufactured by Fletcher Building’s Iplex which were installed between 2017 and 2022.

14/02/2023 09:16

Fletcher Building Ltd (FBU) $4.63

As we wrote yesterday “Fletcher Building (FBU) -6.26% seems to always disappoint at earnings time, and today was no different with adverse weather to blame this time around.”.

26/03/2021 09:14

Fletcher Building (FBU) $6.37

FBU is a NZ based manufacturer and seller of building products such as cement, plasterboard and lumber

ACTION

FBU

UPDATED 05/12/2024 10:22

MM is neutral to bearish toward FBU

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FBU

UPDATED 13/05/2024 16:19

MM has no interest in FBU

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FBU

UPDATED 29/02/2024 09:48

MM likes FBU as a recovery play

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FBU

UPDATED 13/11/2023 08:26

MM is bullish towards FBU around the $4.30 level

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FBU

UPDATED 16/10/2023 17:03

MM is neutral to bullish FBU

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FBU

UPDATED 17/02/2023 10:18

MM is neutral to bearish FBU around $4.60

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FBU

UPDATED 26/03/2021 09:02

MM is bullish FBU.

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Business Summary

Fletcher Building (FBU) makes a range of building material products including wood-fibre, cement, plasterboard, lumber and aluminium goods used in construction. It's operations are primarily focused in Australian and New Zealand.

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Fletcher Building (FBU)

FBU $3.22

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