16/06/2023 09:19

Aurizon Holdings Ltd (AZJ) $3.73

AZJ’s shares rallied by the most in 2-months yesterday on very high volume after being raised to overweight at Jarden Securities with a $3.90 target – it’s almost there already! This solid-yielding stock will declare its next dividend in 2 months, with estimates for the stock to yield 4.6% over the next 12 months. We may consider this rail freight company once its growth strategy starts to deliver.

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02/03/2023 09:19

Aurizon Holdings (AZJ) $3.29

Rail freight company AZJ has fallen -11.3% so far this year courtesy of disappointing 1H23 result - Underlying EBITDA came in 10% below consensus at $673m with the miss mostly attributed to weather disruption across all segments and slower-than expected growth in bulks.

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14/02/2023 09:15

Aurizon Holdings Ltd (AZJ) $3.45

QLD-based rail freight company Aurizon (AZJ) fell -6.5% on Monday after disappointing investors with their 1H23 earnings and downgrade to FY23 guidance, the board blamed the 50% fall in its interim net profit to $130mn on wet weather.

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08/08/2022 17:09

Aurizon (AZJ) $3.89

AZJ -3.47%: The rail haulage business fell today following their FY22 results plus they painted a weaker picture for FY23. They reported underlying earnings before interest & tax (EBIT) from continuing operations of $875.3 million, down -3.1% for the year but marginally above the markets expectations for $866.9 million. The final dividend per share of 10.9c...

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01/07/2022 09:25

Aurizon Holdings Ltd (AZJ) $3.80

Rail freight business AZJ fell with the market in June losing its protection as a defensive play which helped it through most of 2022, the stocks reasonably priced trading on 14x for 2022 but its projected yield above 6% over the next 12-months is arguably the most eye-catching of its financials – its forecast to pay an 11c part franked dividend in August. The company has been a stable yield play through good and bad times and under $4 it’s looking good from a risk/reward perspective.

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03/06/2022 09:22

Aurizon Holdings Ltd (AZJ) $4.11

Rail freight business AZJ rallied 2% yesterday in a falling market as its recognition as a defensive stock helped it add to its strong performance through 2022. The stock remains fairly cheap following a woeful few years, it’s trading on an Est. P/E of 15.2x for 2022 while a projected 5.7% yield over the next 12-months is very attractive, although it’s only partly franked. This Australian industrial company has...

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25/10/2021 17:13

Aurizon (AZJ) $3.52

AZJ -3.56%: The rail freight operator has had a tough few sessions after announcing that it will buy One Rail Australia from Macquarie for $2.35b. This is a pretty typical reaction to a transaction where Macquarie is the seller, i.e. the market assumes that MQG is getting the better side of the transaction given that’s their bread & butter. AZJ are funding via existing debt facilities and the move does diversify AZJ’s freight volumes away from Coal.

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09/08/2021 09:05

Reporting Today

Companies reporting today on MM’s radar: (note, first glance only)

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06/07/2021 09:43

Aurizon Holdings (AZJ) $3.81

Queensland coal operator AZJ has largely disappointed investors over the last decade since its float but under $4 we see distinct value in this $7bn business.

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16/02/2021 16:12

Aurizon Holdings (AZJ) $4.00

Rail freight business AZJ rallied almost 4% yesterday after delivering a solid first half result with EBIT a slight beat of 3% at $454m being the focal point.

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