Category: Stock Market

If you’re looking to beat inflation with some dividend shares, then the two listed below could be worth considering.

Analysts have recently named these ASX dividend shares as buys. Here’s what you need to know about them:

Adairs Ltd (ASX: ADH)

The first ASX dividend share for investors to look at is leading furniture and homewares retailer, Adairs.

While trading conditions have been tough this year, Adairs has been tipped to bounce back strongly in FY 2023. Particularly given its new national distribution centre and the recent acquisition of Focus on Furniture.

Morgans expects this to be the case and has put an add rating and $3.50 price target on its shares.

As for dividends, the broker is forecasting fully franked dividends of 19 cents per share in FY 2022 and 26 cents per share in FY 2023. Based on the current Adairs share price of $2.76, this will mean yields of 6.9% and 9.4%, respectively, over the next couple of years.

BHP Group Ltd (ASX: BHP)

Another ASX dividend share that is rated as a buy is BHP. It is of course one of the world’s largest miners with a collection of world class operations across a range of commodities and geographies.

Thanks to strong commodity prices, BHP has been generating bumper free cash flows again in FY 2022. This has analysts tipping the Big Australian to pay some big dividends in the near term.

Morgans, for example, is forecasting fully franked dividends per share of ~$3.93 in FY 2022 and then ~$2.95 in FY 2023. Based on the current BHP share price of $47.40, this implies yields of 8.3% and 6.2%, respectively.

The broker also sees value in the miner’s shares with its add rating and $54.30 price target.

The post Analysts name 2 inflation-beating ASX dividend shares to buy appeared first on The Motley Fool Australia.

More reading

• ASX 200 mining shares slump, dragging index into the red
• Here’s how some of the biggest ASX 200 shares are responding to the RBA’s rate rise
• The BHP share price has lost 10% in 2 weeks. Here’s why this expert is tipping a recovery
• What’s the outlook for ASX 200 mining shares in May?
• April hasn’t been kind to the BHP share price. Here’s what went down

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 positions in and has recommended ADAIRS FPO. The Motley Fool Australia has positions in and has recommended ADAIRS FPO. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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On Wednesday, the S&P/ASX 200 Index (ASX: XJO) gave back its morning gains and ended the day in the red. The benchmark index fell 0.15% to 7,304.7 points.

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

ASX 200 expected to rebound

The Australian share market looks set to rebound on Thursday following an excellent night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 38 points or 0.5% higher this morning. On Wall Street, the Dow Jones rose 2.8%, the S&P 500 climbed 3% and the Nasdaq traded 3.2% higher. Investors were betting on the Federal Reserve taming inflation without causing an economic slowdown.

NAB half-year results

The National Australia Bank Ltd (ASX: NAB) share price will be one to watch when the banking giant releases its half-year results. According to a note out of Goldman Sachs, its analysts expect NAB to report first half cash earnings before one-offs of $3,545 million. This will be a 6% increase on the prior corresponding period. As for dividends, the broker expects the NAB board to declare a fully franked interim dividend of 72 cents per share. This will be a 20% increase on the same period last year.

Oil prices surge

It could be a very good day for energy shares including Santos Ltd (ASX: STO) and Woodside Petroleum Limited (ASX: WPL) after oil prices surged higher. According to Bloomberg, the WTI crude oil price is up 5.4% to US$107.95 a barrel and the Brent crude oil price is up 5.2% to US$110.41 a barrel. The prospect of a European ban on Russian oil drove prices higher.

ANZ shares downgraded

The Australia and New Zealand Banking Group Ltd (ASX: ANZ) share price could be close to being fully valued according to analysts at Goldman Sachs. In response to its half-year results, the broker has downgraded the bank’s shares to a neutral rating with a $29.84 price target. Goldman believes the removal of ANZ’s cost reduction target has removed valuation support.

Gold price tumbles

Gold miners Evolution Mining Ltd (ASX: EVN) and Regis Resources Limited (ASX: RRL) could have a decent day after the gold price pushed higher overnight. According to CNBC, the spot gold price is up 0.9% to US$1,886.60 an ounce. Inflation risks gave the precious metal a boost.

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

More reading

• Here are the top 10 ASX shares today
• How is the AMP share price looking in May?
• Wesfarmers share price slips as Bunnings competition heats up
• Everything you need to know about the latest ANZ dividend
• Here are the 3 most heavily traded ASX 200 shares on Wednesday

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Looking for some small cap shares to buy? Then have a look at the ones listed below.

Here’s why they could be worth getting better acquainted with:

Airtasker Ltd (ASX: ART)

The first small cap ASX share to consider is Airtasker. It is a growing online marketplace provider for local services that estimates that it has a total addressable market of $600 billion across Australia, the UK, and the US markets.

It has also just announced an agreement to acquire Australia’s third largest local services platform Oneflare. This is expected to strengthen its offering and give it a strong presence in trades, home improvement and professional services.

Morgans is very positive on the company. It currently has an add rating and $1.15 price target on the company’s shares. Though, that could change in the coming days following the acquisition and the accompanying capital raise.

PlaySide Studios Limited (ASX: PLY)

Another small cap ASX share to that has been tipped as a buy is PlaySide Studios. It is one of the largest video game developers in Australia with a growing portfolio of titles.

In addition, the company has recently announced work for hire deals with a number of industry giants including 2K Games and Activision Blizzard. This appears to demonstrate PlaySide’s growing reputation in the industry and could open the door to other deals in the future if everything goes to plan.

Another potential money spinner is the company’s exposure to NFTs. For example, it recently revealed revenue of $8 million from NFTs related to the Dumb Ways to Die brand. Aussie NBA star Ben Simmons was a buyer of five of these tokens according to records.

Ord Minnett is a fan of PlaySide. It currently has a speculative buy rating and 95 cents price target on its shares.

The post Analysts say these small cap ASX shares have big futures appeared first on The Motley Fool Australia.

More reading

• Airtasker share price on ice amid major acquisition news
• Best ASX shares to buy in May 2022
• Top brokers name 3 ASX shares to buy today
• Are these 2 ASX tech shares top ideas for May 2022?
• ‘Super pleased’: Why the Airtasker share price is rocketing 12% 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 recommended Airtasker Limited. 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 Scott Phillips.

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The All Ordinaries Index (ASX: XAO) may have fallen today but three ASX shares defied the trend.

The index dropped 0.3% today to 7,564.80 points. The S&P/ASX 200 Index (ASX: XJO) also fell 0.16% today, to 7,304.70 points.

Let’s take a look at which shares outperformed the ASX All Ordinaries Index today.

Origin Energy Ltd (ASX: ORG)

The Origin Energy share price reached a multiple-year high of $7.075 in today’s trade. This is the highest price since February 2020. The company’s share price retreated to finish at $7.00, a 1.3% gain on yesterday’s close. Brent Crude oil has climbed 1.12% to US$106.15 per barrel, according to Bloomberg, while natural gas fell 1.19%. Meantime, coal surged more than 8% on global markets, Trading Economics data reveals. Origin intends to close its coal-fired plant, the Eraring Power Station in New South Wales by 2025.

Coronado Global Resources Inc (ASX: CRN)

The Coronado Global Resources share price hit a yearly high of $2.43 in earlier trade today before closing at $2.38. Coronado is a metallurgical (met) coal producer, an essential element for steel. Coronado recently reported record coal sales in the March quarter, up 1.4% on the December quarter. The realised met coal price was also up 24.4% in the December quarter. Coronado is involved in projects in Queensland and the United States. The company claims it is one of the largest met coal producers globally.

Orora Ltd (ASX: ORA)

The Orora share price reached a yearly high of $4.02 in earlier trade today before retreating to $3.99 at the close of trade. Orora is a global packaging, products, and visual communications solutions company. Orora shares have been rising since the company’s investor day presentation on 28 April. The Orora share price has climbed 5% between market close on 27 April and 4 May. On 28 April, the company revealed operating and earnings momentum has exceeded its H122 results. Orora expects EBIT growth for FY22 to be higher than FY21. The total FY22 dividend is predicted to be at the top end of the 60 to 80% payout range.

The post 3 ASX All Ordinaries shares that smashed new 52-week highs today appeared first on The Motley Fool Australia.

More reading

• Here are the top 10 ASX shares today
• How is the Origin Energy share price managing to hit multi-year highs today?
• Up 80% in 2022, are Coronado shares heading for the ASX 200?
• Origin share price gains as surging commodity prices boost revenue to $2.5b
• 3 ASX 200 shares smashing new 52-week highs today

The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. 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 Scott Phillips.

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Are you looking for exchange traded funds (ETFs) to buy? If you are, then you may want to look at the two ETFs listed below that are popular with ASX investors.

Here’s why they could be worth getting better acquainted with:

BetaShares Crypto Innovators ETF (ASX: CRYP)

The first ETF for investors to look at is the BetaShares Crypto Innovators ETF. As its name implies, this ETF gives investors exposure to the cryptocurrency industry.

Though, rather than giving investors direct exposure to coins, it provides access to the companies propping up the industry. These companies include mining equipment manufacturers, trading platform providers, and even bitcoin and other cryptocurrency miners.

Among the shares you’ll be owning a slice of are crypto mining hardware manufacturer Canaan, crypto trading platform Coinbase, crypto bank Silvergate, and crypto mining company Riot Blockchain.

In respect to Coinbase, it is a leading trading platform that boasts that approximately 89 million verified users, 11,000 institutions, and 185,000 ecosystem partners in over 100 countries that trust it to invest, spend, save, earn, and use crypto.

BetaShares Global Cybersecurity ETF (ASX: HACK)

A second ETF for ASX investors to look at is the BetaShares Global Cybersecurity ETF.

With the cyber threat increasing each year, spending on cybersecurity services is predicted to increase to almost US$250 billion by 2023. This bodes well for the companies included in the HACK ETF, which are working to reduce the impact of cybercrime globally.

Among the companies you’ll be owning a slice of are Accenture, Cisco, Cloudflare, Crowdstrike, Fortinet, Okta, and Splunk.

CrowdStrike provides the popular Falcon platform. This platform delivers incident response and forensic analysis services that are designed to help businesses understand whether a breach has occurred.

The post 2 excellent ETFs for investors to buy in May appeared first on The Motley Fool Australia.

More reading

• 3 top ETFs for ASX investors to buy and hold for 10 years
• The Betashares Crypto Innovators ETF has dumped 23% in a month. Is it now a bargain?
• Are these 2 ASX tech shares top ideas for May 2022?
• Analyst names 2 top ETFs ASX investors should buy
• 2 exciting ETFs for ASX investors this month

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 positions in and has recommended BETA CYBER ETF UNITS and Betashares Crypto Innovators ETF. The Motley Fool Australia has positions in and has recommended BETA CYBER ETF UNITS. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It’s been another wild day of trading for the Hawsons Iron Ltd (ASX: HIO) share price. Yesterday, we covered how this little-known iron ore explorer had rocketed from 29 cents a share in early April to the $1.06 it recorded yesterday. That comes on top of an eye-watering 603% year to date return it was sitting at yesterday. Not to mention the stupendous 2,397% gain for the preceding 12 months.

However, those figures don’t come without some neck-cracking volatility. Monday saw Hawsons Iron shares add more than 18% to their value. But this was quickly taken down a notch yesterday when the company gave up almost 20% of its share price. As it stands today, the Hawsons Iron share price is down another 11.11%, closing at 64 cents a share after travelling as low as 60 cents and as high as 80 cents during the course of today’s trading session. How’s that for volatility.

Hawsons Iron share price redefines volatility

Hawsons Iron shares have also traversed between $1.06 a share and 57 cents a share over just the past five trading days. We now have a 52-week range of between 3.9 cents per share and $1.06 per share. What’s even more perplexing is that these moves are occurring despite no new news or announcements from Hawsons over May thus far.

The company’s last major release was a quarterly cash flow report released on 29 April. This could be feeding into the volatility we are seeing, despite the fact it did not contain any blockbuster numbers or announcements.

However, we have seen some major macroeconomic developments in recent days that could be feeding into market-wide volatility. The most significant was the announcement yesterday that the Reserve Bank of Australia (RBA) would be increasing the cash rate for the first time in 11 years. We’ve also seen a not-insignificant fall in the iron ore price over the past week or so.

But despite these developments, it has certainly been a rather remarkable journey that this company’s shares have been on in recent days.

At today’s closing Hawsons Iron share price, this ASX iron ore share has a market capitalisation of $457 million.

The post Hawsons Iron share price volatility continues with more wild swings on Wednesday appeared first on The Motley Fool Australia.

More reading

• Hawsons Iron share price subjects investors to wild ride on Tuesday
• Guess which ASX iron ore share has surged more than 260% in a month. Hint: it’s not Fortescue

Motley Fool contributor Sebastian Bowen 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 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 Scott Phillips.

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The Ramsay Health Care Limited (ASX: RHC) share price will be one to watch on Thursday.

This follows the release of an announcement after the market close today in relation to a contract termination.

Why is the Ramsay share price on watch?

This afternoon Ramsay revealed that it has issued a notice to private health insurance provider Bupa to terminate the Hospital Purchaser Provider Agreement between the two parties.

According to the release, unless a resolution is reached between the parties, Ramsay’s contract with Bupa will be terminated with effect from 2 August 2022.

Ramsay appears to believe that private health insurers are not pulling their weight despite accumulating huge profits.

“Costs of providing care have significantly increased for private hospitals over the past two years. On the other hand, health insurers have accumulated profits of $1.8 billion in the calendar year to 31 December 2021,” said Ramsay Australia CEO Carmel Monaghan.

What’s next?

The release explains that patients booked to be admitted to a Ramsay facility prior to 2 August will not be impacted. After that date, during a legally enforced transitional period, Ramsay will continue to accept benefits paid by Bupa for approved treatments.

However, once the transitional period ends, Bupa insured patients will be required to pay an upfront payment on admission. This will be the difference between the statutory default benefit Bupa is required to pay and Ramsay’s hospital treatment costs.

Ms Monaghan said that “Ramsay still hopes to reach agreement with Bupa prior to the contract termination date,” but this appears to be far from guaranteed.

The private hospital operator advised that it will be communicating with impacted patients to keep them informed and provide them with options which, in light of the portability rules in the Private Health Insurance Act, include leaving Bupa and changing health funds.

The post Ramsay Health Care share price on watch amid Bupa contract termination appeared first on The Motley Fool Australia.

More reading

• These were the best performing ASX 200 shares in April
• ASX 200 midday update: ResMed disappoints, PointsBet rockets higher
• Ramsay Health share price bleeds as profits plunge
• These were the best performing ASX 200 shares last week
• Here are the top 10 ASX shares 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 has recommended Ramsay Health Care Limited. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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Today, the S&P/ASX 200 Index (ASX: XJO) planted its third consecutive day of losses, albeit smaller than the previous two. At the end of the session, the benchmark index finished 0.16% lower at 7,304.7 points.

Despite some green returning to US shares last night, the Australian share market set its own pace today. Performances were mixed across sectors as investors try to establish where they should be positioned amid a potentially higher interest rate environment.

The real estate sector carried over its disappointing showing from yesterday into today’s session, falling 1.5%. In contrast, energy and financial shares provided a supportive floor for the Aussie index on Wednesday.

However, the question is: which shares delivered the biggest returns to investors on the ASX today? Here are the top ten stocks that came through for investors:

Top 10 ASX shares countdown today

Looking at the top 200 listed companies, Hub24 Ltd (ASX: HUB) was the biggest gainer today. Shares in the wealth management solutions provider received the backing of investors as the share price climbed 3.89%. Although, this move was made in the absence of any news shared by the company. Find out more about Hub24 here.

The next best performing ASX share across the market today was Orora Ltd (ASX: ORA). The packaging products and solutions company rallied 3.37% despite there being nothing noteworthy released to shareholders. Uncover the latest Orora details here.

Today’s top 10 biggest gains were made in these ASX shares:

ASX-listed company	Share price	Price change
HUB24 Ltd (ASX: HUB)	$24.83	3.89%
Orora Ltd (ASX: ORA)	$3.99	3.37%
Virgin Money Uk Plc (ASX: VUK)	$3.08	3.01%
Insurance Australia Group Ltd (ASX: IAG)	$4.67	2.86%
Zimplats Holding Ltd (ASX: ZIM)	$31.49	2.37%
Graincorp Ltd (ASX: GNC)	$10.73	2.19%
Lovisa Holdings Ltd (ASX: LOV)	$17.40	2.11%
GQG Partners Inc (ASX: GQG)	$1.48	2.07%
Incitec Pivot Ltd (ASX: IPL)	$3.96	2.06%
Super Retail Group Ltd (ASX: SUL)	$10.45	2.05%

Our top 10 ASX shares today countdown is a recurring end-of-day summary to ensure you know which companies were making big moves on the day. Check in at Fool.com.au after the market has closed during weekdays to see which stocks make the countdown.

The post Here are the top 10 ASX shares today appeared first on The Motley Fool Australia.

More reading

• How is the AMP share price looking in May?
• Wesfarmers share price slips as Bunnings competition heats up
• Here are the 3 most heavily traded ASX 200 shares on Wednesday
• What’s the outlook for the Telstra share price in May?
• What would happen if Appen shares were removed from the ASX 200? 

Motley Fool contributor Mitchell Lawler has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Hub24 Ltd and Super Retail Group Limited. The Motley Fool Australia has positions in and has recommended Hub24 Ltd, Insurance Australia Group Limited, and Super Retail Group Limited. The Motley Fool Australia has recommended Lovisa Holdings Ltd. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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It is not too often investors will come across a company that is up thousands of percent in a single day. Hence, a small ASX mining share by the name of Pacific Bauxite NL (ASX: PBX) is gaining interest on Wednesday.

At the closing bell, the microcap platinum-group elements (PGE) exploration company is showing a gain of 7,233%. However, this bonkers return in the space of a 24-hour period might be too good to be true after all.

What’s going on with this ASX mining share?

It appears on closer inspection that the Pacific Bauxite share price is not exactly a byproduct of optimism today. Instead, the outlandish performance being displayed is a consequence of a more complicated event.

The reality is Pacific Bauxite had a past life on the ASX before falling into administration back in 2019. Since then, the company has undergone a recapitalisation and pivoted from its bauxite operations toward PGE exploration.

Amid this fiasco, the ASX mining share conducted a 50 to 1 share count consolidation. In short, this reduces the number of shares on issue to one-fiftieth of what it was previously. In turn, the share price is artificially inflated to coincide with this reduction in share count.

According to an announcement, Pacific Bauxite has rejoined the ASX following its recapitalisation. This process involved raising $4.5 million through the issuing of 22.5 million new shares at a post-consolidation price of 20 cents apiece.

Starting afresh, Pacific Bauxite is now debt-free and boasting a modest cash balance of $4 million.

Management commentary

While ushering in its new ASX-listed life, non-executive chair Peter Lewis said:

The Company has emerged from our recapitalisation process in a significantly stronger position after two years of planning and hard work. We are now well-funded to complete our planned exploration activities. We have a fantastic set of assets which have the potential to deliver significant value to shareholders.

The ASX mining share holds exploration licenses over sites spread out across Western Australia. These include locations spanning the Eastern Goldfields and Pilbara regions.

The post Did this ASX mining share really just leap 7,200%? appeared first on The Motley Fool Australia.

More reading

• Own Westpac shares? Here’s what to expect from the bank’s half-year results
• How is the AMP share price looking in May?
• Guess which ASX BNPL share has soared 100% in a month. Hint: it’s not Zip
• When, why, how? All the details on the AGL demerger and what might happen if it flops
• Wesfarmers share price slips as Bunnings competition heats up

Motley Fool contributor Mitchell Lawler 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 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 Scott Phillips.

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Next week the Westpac Banking Corp (ASX: WBC) share price will be on watch when Australia’s oldest bank becomes the latest big four bank to release its half-year results.

Ahead of the release on Monday 9 May, let’s look at what the market is expecting.

What is the market expecting from Westpac’s half-year results?

According to a note out of Goldman Sachs, for the six months ended 31 March, its analysts expect the banking giant to report cash earnings of $3,146 million. This will be an 11% decline on what the bank reported in the prior corresponding period.

This earnings decline is expected to be driven largely by a further deterioration in the bank’s margins. Goldman explained:

“WBC reported 1Q22 NIM of 1.91%, down 8 bps from 1.99% in 2H21, while the ex-Markets NIM was down 16 bp to 1.71%. The fall was driven by: i) higher liquid assets, ii) competitive pressures in mortgage and business lending, iii) continued growth in lower spread fixed rate mortgages. We note that WBC’s Dec-21 exit NIM (ex-Markets) was 1.67%, 4 bp lower than the 1Q22 average.

WBC expects NIM to decline further in FY22, while noting that its liquid build is expected to be largely completed by Mar-22. We are forecasting 1H22E NIM of 1.82% which is down 17bp vs 2H21 and will be keen to get confirmation that its liquid build has indeed reached a floor and any detail around leverage to higher cash rates.”

What else should investors look out for?

Other key metrics that could have an impact on the Westpac share price include its dividend, CET1 ratio, and its expenses.

The latter is a major focus for investors given Westpac’s bold cost reduction plans and the market’s scepticism over it being able to deliver on targets. The broker said:

“Overall, the Group remains committed to its A$8bn cost target by FY24. We are forecasting 1H22E expense growth of -11% pcp and will be interested to get an update on how WBC is tracking against its recently announced cost reset plan and in particular its path to its A$8bn cost target.”

As for dividends and its CET1 ratio, the broker has pencilled in a 60 cents per share fully franked dividend and a CET1 ratio of 11.62%.

The post Own Westpac shares? Here’s what to expect from the bank’s half-year results appeared first on The Motley Fool Australia.

More reading

• Why ASX 200 bank shares are in the spotlight
• Here’s how some of the biggest ASX 200 shares are responding to the RBA’s rate rise
• The ASX 200 shares that fund managers are buying and dumping
• 5 things to watch on the ASX 200 on Tuesday
• Can ASX 200 banks live up to the $11 billion ‘big expectation’ when they report this month?

Motley Fool contributor James Mickleboro has positions in Westpac Banking Corporation. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has recommended Westpac Banking Corporation. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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