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Codan (Ltd (CDA)

ASX.CDA $7.02

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ASX.CDA $7.02

20 MINUTE DELAYED

TODAY

0.86 %

1 YEAR RETURN

0.00%

VOLUME

292,418

DIV YIELD

4.24%

PE RATIO

12.68

52 WEEK RANGE

6.18

18.45

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	7.02
Change	0.06 (0.86)
Bid / Ask	6.99 - 7.04
Volume	292,418
Volume (3mths avg)	0
Turnover	2,060,973
Open	7.03
Day Range	6.97 - 7.21
VWAP	7.05
Prev Close	6.96
Last Trade	06.10 01/07 (AEST)

KEY INFORMATION
Sector	Technology
Shares Issued	97,770,830
NTA/Share	0.00
Last Dividend	0.13
Dividend Ex Date	23 FEB 2022
Dividend Pay Date	10 MAR 2022

CURRENT ()
Revenue
EBITDA
Profit
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00
Yield %	4.24
Market Cap	0.00
Price to Earnings Ratio (P/E)	12.68

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	0.00
EBITDA	0.00
Profit	0.00
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation ()

0.00

OPINION

23/05/2022 16:44

Codan (CDA) $7.73

CDA +14.52%; the communications and metal detection business saw shares jump to 3 months highs today after providing guidance for performance in the second half. The company expects net profit for the second half to be in line with the record $50m posted in the first half, in line with consensus expectations. Cash flow for the period has also been strong, banking $41m so far, bouncing back...

02/11/2021 09:26

Codan Ltd (CDA) $10.43

Technology business CDA focuses on areas such as radio communications, metals detection and tracking solutions, unfortunately it’s almost halved from its 2021 high as the stocks valuation appeared to get ahead of the actual outlook.

19/08/2021 08:11

Reporting Today (ASX, AIA, CDA, EVN, IPH, IRE, NCM, NWH, ORG, ORA, PPT, RBL, SGR, S32, TWE)

Companies reporting today on MM’s radar include: ASX (ASX) FY21 Results: Expectations for revenue of $941m, EBITDA of $681m, NPAT of $474m (down 7.6% on FY20), EPS of $2.45, FY Dividend $2.21. Market currently pricing NPAT for FY22 of $485m, a jump of ~2%.

28/05/2021 09:30

Codan Ltd (CDA) $19.02

CDA has been a top ASX performer this year, the company designs & manufactures the likes of radios, metals detectors and mining automation systems with customers including military and intelligence agencies – it’s one of Wilson Asset Managements (WAM) largest holdings.

ACTION

CDA

UPDATED 23/05/2022 18:29

MM is bullish CDA

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CDA

UPDATED 03/11/2021 07:15

MM believes CDA looks good value around $10

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CDA

UPDATED 28/05/2021 17:09

MM likes CDA into pullbacks

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Business Summary

Codan (CDA) develops rugged and electronics solutions for international government, corporate, NGO and consumer markets. The company's line of business includes provision of radio communications, metal detection and tracking solutions.