On Tuesday the S&P/ASX 200 Index (ASX: XJO) was out of form and dropped notably lower. The benchmark index ended the day 0.95% lower at 7,511 points.

Will the market be able to bounce back from this on Wednesday? Here are five things to watch:

ASX 200 futures pointing lower

The Australian share market is expected to continue its poor run on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open the day 38 points or 0.5% lower today. This follows a poor night of trade on Wall Street, which saw the Dow Jones fall 0.8%, the S&P 500 drop 0.7%, and the Nasdaq sink 0.9%.

BHP reports huge profit growth

The BHP Group Ltd (ASX: BHP) share price will be on watch today following the after market release of its full year results on Tuesday. The Big Australian reported a 69% increase in underlying EBITDA to US$37,379 million, allowing it to declare a record final dividend of US$2.00 per share. This brought its full year dividend to US$3.01 per share, up 151% and ahead of expectations. BHP and Woodside Petroleum Limited (ASX: WPL) also agreed to merge their oil and gas operations. BHP’s UK shares ended the day 3.5% higher.

Oil prices fall

It could be a difficult day for energy producers such as Beach Energy Ltd (ASX: BPT) and Santos Ltd (ASX: STO) after oil prices fell. According to Bloomberg, the WTI crude oil price is down 0.8% to US$66.76 a barrel and the Brent crude oil price is down 0.5% to US$69.18 a barrel. Weak demand in Asia has been weighing on prices.

CSL full year results

The CSL Limited (ASX: CSL) share price will be on watch today when it releases its full year results. The biotherapeutics company has provided guidance for earnings growth of 3% to 8% in FY 2021. However, this isn’t likely to be the main focus with the result. Investors will be keen to find out how plasma collection headwinds are impacting the company. Goldman recently commented: “We see scope for cautious commentary on FY22, largely predicated around cost, which may manifest in another year of cautious guidance.”

Gold price falls

Gold miners Evolution Mining Ltd (ASX: EVN) and Newcrest Mining Limited (ASX: NCM) could have a subdued day on Wednesday after the gold price edged lower. According to CNBC, the spot gold price is down 0.15% to US$1,787 an ounce. The precious metal was rising on weaker bond yields before giving back these gains.

The post 5 things to watch on the ASX 200 on Wednesday appeared first on The Motley Fool Australia.

More reading

• CSL (ASX:CSL) share price in focus after outperforming FY21 guidance
• How did the Newcrest (ASX: NCM) share price respond last earnings season?
• Woodside (ASX:WPL) announces new leader
• ASX 200 drops, Magellan (ASX:MFG) and Breville (ASX:BRG) sink after FY21 results
• BHP (ASX:BHP) share price on watch after record dividend and Woodside merger deal

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended CSL Ltd. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re interested in gaining exposure to the small side of the market, then you might want to look at the ASX shares listed below.

Here’s why these small cap ASX shares could be ones to watch:

Adore Beauty Group Limited (ASX: ABY)

The first small cap to watch is Adore Beauty. Australia’s leading online beauty retailer has been growing strongly in recent years and particularly during FY 2021. For example, it expects to report full year revenue growth of between 43% and 47% this year. And while FY 2022’s growth will inevitably moderate as it cycles strong sales periods during the pandemic, its longer term outlook remains very positive. This is due to its leadership position online, growing customer base, and the structural shift online for beauty sales.

Bigtincan Holdings Ltd (ASX: BTH)

Another small cap to watch is Bigtincan. It is a provider of enterprise mobility software that allows sales and service organisations to increase their sales win rates, reduce expenditures, and improve customer satisfaction through improved mobile worker productivity. A testament to the quality of its platform is that it has a large number of blue chips as customers. This includes Australia and New Zealand Banking GrpLtd (ASX: ANZ), Cardinal Health, Nike, and Red Bull. Increasing demand has been underpinning strong recurring revenue growth in FY 2021.

Volpara Health Technologies Ltd (ASX: VHT)

A final small cap to watch is Volpara. This healthcare technology company uses artificial intelligence to assist with the early detection of breast cancer. Volpara achieves this by allowing users to analyse mammograms and associated patient data. Volpara is currently generating approximately NZ$27.8 million in annual recurring revenues (ARR). However, this is well short of its addressable market, which management estimates is US$750 million in breast cancer screening alone. This gives the company a significant runway for growth over the next decade.

The post 3 small cap ASX shares to put on your watchlist this week appeared first on The Motley Fool Australia.

More reading

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• 2 ASX tech shares rated as buys

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended BIGTINCAN FPO and VOLPARA FPO NZ. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has recommended Adore Beauty Group Limited. The Motley Fool Australia owns shares of and has recommended BIGTINCAN FPO and VOLPARA FPO NZ. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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If you’re wanting to boost your income portfolio with some dividend shares, then the two listed below could be worth considering.

Here’s what you need to know about these ASX 200 dividend shares:

Coles Group Ltd (ASX: COL)

The first ASX 200 dividend share to consider buying is Coles. Thanks to its position as one of the big two supermarket operators, Coles has been able to continue growing its sales, earnings, and dividends at a solid rate during the pandemic.

Positively, this trend is expected to continue over the long term due to its strong market position, cost cutting, and focus on automation. The latter has seen the company invest heavily in new distribution centres with Ocado. This is expected to boost its supply chain and online business.

Goldman Sachs is positive on the company. It recently put a buy rating and $19.40 price target on its shares and is forecasting dividends per share of 62 cents in FY 2021 and 67 cents in FY 2022.

Based on the current Coles share price of $18.31, this implies yields of 3.4% and 3.7%, respectively, over the next two years.

Transurban Group (ASX: TCL)

Another ASX dividend share to consider is this leading toll road operator. Transurban’s portfolio comprises 17 roads in Australia and four in North America. In addition, the company has a significant project pipeline across its networks.

While lockdowns and restrictions across the country are inevitably having an impact on traffic volumes, as per previous lockdowns, traffic is expected to bounce back once trading conditions return to normal. And with Australia’s vaccine rollout finally gathering pace, these sorts of disruptions may be a thing of the past in 2022. This could make Transurban a top recovery investment option for investors.

One broker that sees Transurban as a top option is Ord Minnett. Last week it retained its buy rating but trimmed its price target slightly to $15.50. Its analysts are expecting a big dividend increase next year. They are forecasting dividends of 36.5 cents per share in FY 2021 and then 48.4 cents per share in FY 2022.

Based on the current Transurban share price of $13.53, this will mean yields of 2.7% and 3.6%, respectively.

The post 2 blue chip ASX 200 dividend shares that could be buys appeared first on The Motley Fool Australia.

More reading

• Leading brokers name 3 ASX shares to sell today
• How did the Coles (ASX:COL) share price respond last earnings season?
• ASX 200 Weekly Wrap: New records just keep coming for the ASX 200
• 2 blue chip ASX 200 dividend shares named as buys
• Why the Transurban (ASX:TCL) share price is edging higher today

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of and has recommended COLESGROUP DEF SET. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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Another jam-packed day of reporting on the ASX has come to pass. Results from some of the biggest companies on the ASX were met with mixed reactions.

We’ll quickly unpack today’s results and then wrap it back up for tomorrow:

Those that delivered today

Magellan Financial Group Ltd (ASX: MFG)

Shares in the fund manager sank a drastic 10.15% to $46.20. Investors put downwards pressure on the company’s shares after Magellan revealed a 33% fall in profits in its FY21 result.

The takeaway points:

• Average funds under management (FUM) increased 9% to $103.7 billion
• Profit before tax and performance fees up 10% to $526.6 million
• Net profit after tax down 33% to $265.2 million
• Adjusted net profit after tax down 6% to $412.7 million
• Total partially franked dividends of 211.2 cents per share, down 2% year on year

Breville Group Ltd (ASX: BRG)

The Breville share price suffered a similar fate today with the kitchen appliance company’s shares losing 8.97% after reporting to the ASX. Despite top and bottom-line growth in its FY21 result, the market appeared to hone in on supply chain concerns.

The takeaway points:

• Record group sales resulting in a 24.7% increase in revenue to $1,187.7 million.
• Gross profit up 29% to $413.7 million.
• Earnings before interest, tax, depreciation and amortisation (EBITDA) up 36% to $163.3 million.
• Net profit after tax up 42.3% to $91 million.
• Dividends per share down 35.4% to 26.5 cents per share (FY20: 41.0 cents per share).

Domain Holdings Australia Ltd (ASX: DHG)

Finishing on a positive note, shares in Domain jumped 4.71% to $4.89 after reporting its earnings on the ASX. Investor sentiment was positive after the company revealed substantial earnings growth in its FY21 results.

The takeaway points:

• Earnings before interest, taxes, depreciation, and amortisation (EBITDA) of $102 million prior to the impact of an accounting change, up 20.8% year-on-year
• Net profit of $37.9 million, up 66% year-on-year
• 31% like-for-like growth in core digital EBTIDA
• Record unique digital audience of more than 9 million

ASX shares reporting tomorrow

Tomorrow is set to be another busy one on the ASX for reporting. Some of the big-name companies set to release their financials include CSL Limited (ASX: CSL), Woodside Petroleum Limited (ASX: WPL), Pro Medicus Limited (ASX: PME), Domino’s Pizza Enterprises Ltd. (ASX: DMP), Nearmap Ltd (ASX: NEA), and Coles Group Ltd (ASX: COL).

The post The ASX reporting wrap-up: Magellan, Breville, Domain appeared first on The Motley Fool Australia.

More reading

• ASX 200 drops, Magellan (ASX:MFG) and Breville (ASX:BRG) sink after FY21 results
• The ASX reporting wrap-up: Magellan, Breville, Domain
• Here are the top 10 ASX 200 shares today
• Why Breville, CBA, Magellan, & Sezzle shares are tumbling lower today
• Why Domain, Money3, ResMed, & Steadfast shares are charging higher

Motley Fool contributor Mitchell Lawler owns shares of Pro Medicus Ltd. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. owns shares of and has recommended CSL Ltd., Nearmap Ltd., and Pro Medicus Ltd. The Motley Fool Australia owns shares of and has recommended COLESGROUP DEF SET, Nearmap Ltd., and Pro Medicus Ltd. The Motley Fool Australia has recommended Dominos Pizza Enterprises Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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