ASX:SGH

3 stories mentioning ASX:SGH

Every FINWIRES story that references ASX:SGH, newest first.

ASX Biggest Gainers

Here are the ASX-listed companies with the biggest gains on Friday.Alcoa Corp (ASX:AAI): +4%, AU$93.22South32 (ASX:S32): +4%, AU$4.29Capstone Copper (ASX:CSC): +3%, AU$13.81James Hardie Industries (ASX:JHX): +3%, AU$28.97Evolution Mining (ASX:EVN): +3%, AU$12.18Rio Tinto (ASX:RIO): +2%, AU$186.03NEXTDC (ASX:NXT): +2%, AU$14.91SGH (ASX:SGH): +2%, AU$41.81Lynas Rare Earths (ASX:LYC): +2%, AU$18.92Pilbara Minerals (ASX:PLS): +2%, AU$6.28

ASX 200ASX:AAIASX:CSCASX:EVNASX:JHXASX:LYCASX:NXTASX:PLSASX:RIOASX:S32ASX:SGH

Asia26d ago

Market Chatter: SGH's Stake in Western Australia Gas Project Could Act as Positive Catalyst, RBC Capital Markets Says

SGH's (ASX:SGH) 15.5% stake in the Crux gas project off the coast of Western Australia, which could generate around AU$350 million to AU$375 million in annual earnings before interest, taxes, depreciation, and amortization at peak production, was not yet reflected in consensus earnings, RBC Capital Markets said in a note, according to the Australian Financial Review on Wednesday.It also noted stabilization in New South Wales and growth in Queensland infrastructure spending. The firm also has "limited negative AI exposure risk."The investment firm started an outperform rating on SGH with a price target of AU$47 per share.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

ASX:SGH

Asia52d ago

SGH Forecast to Achieve 2.3% EBIT Growth YOY in Fiscal Year 2026, Jefferies Says

SGH's (ASX:SGH) estimated earnings before interest and taxes (EBIT) for the second half of fiscal 2026 was downgraded by 2%, and the firm is forecast to achieve 2.3% EBIT growth year-over-year in the fiscal year, Jefferies said in a Thursday note.EBIT growth for SGH continues to moderate in the absence of mergers and acquisitions, which is the key catalyst to drive an acceleration in earnings growth.Jefferies downgraded its fiscal year 2027 EBIT estimate by 4% and its fiscal 2028 EBIT estimate by 5%, reflecting Boral diesel headwinds, weaker macroeconomic assumptions for Boral and Coates, and Westrac pricing headwinds.The investment firm maintained its hold recommendation on SGH and reduced the price target to AU$46 per share from AU$51.90 per share.

ASX:SGH