21/08/2025 09:25

Ansell Ltd (ANN) $31.41

Safety and protection company ANN is no stranger to bad results having delivered a few in its time. Its movements over the last 6 months haven’t been good and its “bounce” fairly muted but combined with its history and more than 40% revenue from the US, we see this as a risk. The stock made a new high in February after the personal protective equipment (PPE) provider delivered strong 1H revenue and upgraded its FY25 earnings guidance.

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10/02/2025 17:24

Ansell (ANN) $37.77

ANN +8.13% moved to a 3 year high as the personal protective equipment (PPE) provider delivered strong 1H revenue and upgraded its FY25 earnings guidance.  

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20/08/2024 16:37

Ansell Ltd (ANN) $29.47

ANN’s shares jumped +8.9% on Tuesday after the medical glovemaker forecast EPS for the full year of $1.07-$1.27, ahead of consensus on in-line revenue but lower operating costs.

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22/02/2024 09:15

Ansell Ltd (ANN) $24.26

ANN delivered a relatively benign report earlier this week, a big win compared to the past few years! While de-stocking dynamics continue to remain an issue, it has been interesting to see ANN recover this week after delivering revenue, EBIT and EPS all below consensus

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25/01/2024 09:19

Ansell Ltd (ANN) $24.79

ANN was the best performer of the major healthcare names yesterday, and although the +2.8% rise wasn’t vaguely as dramatic as the crash by NAN, it was another example of an underperformer over recent years attracting some buying. The company downgraded mid-last year, compounding similar moves in 2022 and until they start delivering buying feels like “bottom picking” for the sake of it.

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08/09/2023 09:10

Ansell Ltd (ANN) $22.28

When you’re cold you’re cold and that’s definitely been the case for both Ansell (ANN) and the Healthcare Sector in 2023 e.g. the Healthcare Index is -5.2% year-to-date compared to the Tech Sector which is up over 30%!

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19/07/2023 09:17

Ansell Ltd (ANN) $23.88

ANN fell over -14% on Tuesday following a downgrade that took the stock to fresh  12-month lows, the downside momentum is looking likely to test/break its 2022 low which begs the question of where or if MM now have interest in ANN. The market has been aware of the company’s excess inventory issues for a while with customers no longer feeling the need to overstock protective products as COVID becomes a distant memory.

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04/07/2023 09:41

Ansell Ltd (ANN) $27.14

ANN was the best-performing healthcare name yesterday gaining +1.5% although it remains well below its pre-COVID levels, not a good result for a health and safety business. Unpredictable supply/demand dynamics have weighed on ANN, and visibility of inventory in the onward value chain is still low which has left the market cautious toward further negative surprises, but with that comes potential value.

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31/03/2023 09:13

Ansell Ltd (ANN) $26.83

ANN has more than halved from its mid-2021 high when in the middle of the pandemic people were stocking up on rubber gloves and hand sanitiser, but not much of either is in people’s shopping carts today.

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29/11/2022 09:04

Ansell Ltd (ANN) $28.41

ANN has halved from its mid-2021 high when in the middle of the pandemic most people thought we would be wearing rubber gloves for the rest of our lives, however, the disappointing factor is the stock is now trading below its pre-Covid levels even as we have become a more sanitised and health conscious society. As we saw with HLS earlier this year we saw earnings downgrades as rising costs flowed down to decreasing margins, as we often say MM aren’t fans of companies who cannot rally on good news and that’s very much been the case with ANN over the last 2-years. • We feel the stock is reasonably priced trading on an Est. 15.5x earnings for 2022 but to entice MM we want to see some operational improvements dropping down to expansion in margins.

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