Overall, the S&P/ASX 200 Index (ASX: XJO) has had a mediocre year.
Historically, Australia’s benchmark index has risen roughly 9% per year.
However, this year, it has risen by approximately 4.7%.Â
While it’s certainly not a bad year by historical standards (2018 and 2020 were significantly worse), investors with large exposure to ASX 200 companies will undoubtedly have seen some individual shares in their portfolio fall.
On the flip side, this can create buy-low opportunities. Historically, strong companies and blue-chip stocks may now be a value.Â
As the year draws to a close, I have tried to sift through these companies that have had down years.
Here are two more of Australia’s largest companies by market capitalisation that may be value investments heading into the new year.
Pinnacle Investment Management Group Limited (ASX: PNI)
This ASX 200 stock is an Australian-based multi-affiliate investment management company.
It provides seed funding, distribution services, and infrastructure support to a network of 15 asset managers, or ‘affiliates’, globally.
In 2025, its share price has fallen more than 26% and 33% since August 7.
However, there are positive signs.Â
Despite the share price falling, the business is growing with a number of new boutiques as well as funds under management (FUM) increasing.Â
At 30 June 2025, private markets FUM was $28.7 billion, up from $1.5 billion, or 6% at 30 June 2016.Â
Additionally, the company offers an attractive dividend yield.
Last month, The Motley Fool’s Tristan Harrison also covered the opportunity that dividend shares provide when the share price falls.
He explained that when a dividend-paying business falls, we can buy it at a lower price, but the dividend yield on offer also increases.
With the business growing steadily and a grossed-up dividend yield of over 4%, I believe there is reason to think the company is a value at its current price.Â
Analyst ratings from TradingView suggest that there is upside potential at the current price.Â
The one-year price target of $25.32 indicates more than 50% upside for this ASX 200 stock.Â
Should you invest $1,000 in Pinnacle Investment Management Group Limited right now?
Before you buy Pinnacle Investment Management Group Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Pinnacle Investment Management Group Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Aaron Bell 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 Pinnacle Investment Management Group. The Motley Fool Australia has positions in and has recommended Pinnacle Investment Management Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
Shares in 4DMedical Ltd (ASX: 4DX) have been nothing short of extraordinary in 2025. What started the year as a relatively unknown small-cap healthcare name has turned into one of the ASX’s standout momentum stories.
At Wednesday’s close, shares in the respiratory imaging technology company finished at $2.83, down 5% amid broader market volatility.
Even after that pullback, the stock is still up close to 500% in 2025.
It’s easy to assume most of the upside is already gone. But a closer look suggests there may still be more left in this growth stock.
What does 4DMedical actually do?
4DMedical operates in medical imaging, using software to turn standard CT scans into highly detailed, four-dimensional images of lung function. Its core XV Technology gives clinicians a clearer picture of how a patient’s lungs are actually working, revealing issues traditional imaging can miss, especially in chronic and complex respiratory conditions.
That matters because many lung diseases are hard to diagnose and monitor using existing tools. Hospitals and clinicians are always looking for better ways to assess, track, and treat conditions like COPD, asthma, and post-COVID complications. 4DMedical’s software is designed specifically to help solve that problem.
Why has the share price exploded?
The recent rally has not been driven by hype alone. Over the past few months, 4DMedical has delivered a steady stream of positive news.
Key regulatory approvals in major overseas markets, including Canada, have significantly expanded its addressable customer base. At the same time, the company has announced new commercial agreements and partnerships that validate its technology in real-world clinical settings.
Importantly, these updates have shifted investor perception. 4DMedical is no longer seen purely as an early-stage biotech with promise, but as a business starting to turn its technology into revenue.
Revenue is becoming more visible
Until recently, 4DMedical shares were largely priced on future potential. However, that’s starting to change as revenue becomes more visible.
Software sales are growing, more hospitals are using the product, and interest from overseas customers is increasing. The company isn’t profitable yet, but as a software business, more users should improve the numbers over time.
This has prompted the market to reassess the stock.
What could go wrong and what could go right?
None of this comes without risk. The share price has already moved sharply, volatility is likely to remain high, and expectations are rising. Slower execution or weaker adoption would likely impact the stock.
Even so, the longer-term opportunity is still there. If 4DMedical continues to expand into new markets and sees its technology adopted more widely in clinical settings, today’s valuation could still have room to grow.
The bottom line
4DMedical has been one of the ASX’s stronger performers in 2025.
For investors who understand the risks and are comfortable with volatility, this parabolic ASX stock still looks like one worth keeping firmly on the watchlist, even after its huge run.
Should you invest $1,000 in 4DMedical Limited right now?
Before you buy 4DMedical Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and 4DMedical Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Aaron Teboneras 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.
The Perpetual Ltd (ASX: PPT) share price is under the spotlight today after the company announced an update on its Wealth Management business sale, with exclusivity discussions with Bain Capital extended into early 2026.
What did Perpetual report?
Continued exclusive sale discussions regarding the Wealth Management division with Bain Capital
Exclusivity period extended into the first quarter of 2026
No confirmation yet of a binding agreement or transaction value
Company promises ongoing disclosure to shareholders
What else do investors need to know?
Perpetual first announced exclusive negotiations with Bain Capital Private Equity on 5 November 2025. Since then, talks have made progress, but the parties have agreed more time is needed to finalise any potential deal.
It’s worth noting there is no certainty that these discussions will result in a sale, binding agreement, or completed transaction. Perpetual says it will keep shareholders and the market updated according to its continuous disclosure obligations.
What’s next for Perpetual?
Perpetual’s immediate focus is to continue progressing the negotiations with Bain Capital regarding the possible Wealth Management division sale. Management will provide further updates should a material deal be reached.
Looking ahead, Perpetual remains committed to its global asset management and corporate trust businesses, while reviewing options for unlocking value for shareholders through strategic initiatives.
Perpetual share price snapshot
Over the past 12 months, Perpetual shares have declined 7%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 3% over the same period.
Should you invest $1,000 in Perpetual Limited right now?
Before you buy Perpetual Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Perpetual Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Laura Stewart 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. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.
The first ASX gold stock that Bell Potter is bullish on is Evolution Mining. It highlights the miner’s strong management team and track record of delivery as reasons to be positive. The broker said:
We continue to prefer Evolution Mining as our first pick gold producer on the basis of its unhedged exposure to the gold price, strengthening balance sheet, increasing free cash flows (has passed its CAPEX peak) and, in our view, is an unlikely potential acquiror.
We expect the market to pay more attention to its 80ktpa copper production exposure in a tightening copper market, as well as it supporting an increasing dividend stream. A strong management team and track record of delivery to guidance make EVN one of the go-to gold exposures on the ASX â a position we believe is justified.
Bell Potter has a buy rating and $12.35 price target on Evolution Mining’s shares. This is now below its current share price, so investors may want to wait for a better entry point.
Another ASX gold stock that has been given the thumbs up by Bell Potter is Minerals 260.
The broker sees a lot of positives in the gold developer’s Bullabulling Gold Project (BGP) in Western Australia. Especially given its experienced leadership team and significant resource.
Minerals 260 is a Perth-based exploration and development company which is advancing its 100%-owned Bullabulling Gold Project (BGP), 65km from Kalgoorlie in WA. With a Resource of 4.5Moz at 1.0g/t Au it is one of the largest undeveloped gold deposits in Australia, sits on granted Mining Leases and is positioned at the heart of Australia’s gold mining industry.
The company is led by a proven team of project developers and operators. The 4.5Moz Resource reinforces the potential for a low cost, open-pit gold mining operation, producing ~200kozpa over a +10-year mine life. There is M&A appeal in a market characterised by well valued gold producers with strong balance sheets and appetites for growth.
Bell Potter has a speculative buy rating and 75 cents price target on its shares.
Finally, Ballard Mining is a third ASX gold stock that Bell Potter is tipping as a best buy.
It likes the company due to its Baldock project, which it believes has significant potential and could make it a takeover target. It said:
We summarise Ballard Mining’s strategy for driving value as one focused on developing the current Baldock project (930koz at 4.1g/t Au) into a standalone operation, whilst simultaneously growing the Resource and Reserve base via targeted exploration. Baldock is covered by a granted mining lease, allowing for expedited development in a rising gold market.
Near-term catalysts include infill drilling and a maiden Ore Reserve estimate to support the first 5-6 years of operations, and a feasibility study (BPe Mid CY26). We believe over time this will lead to a re-rate in value and/ or make BM1 an attractive corporate target.
Bell Potter has a speculative buy rating and $1.05 price target on its shares.
Should you invest $1,000 in Ballard Mining right now?
Before you buy Ballard Mining shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Ballard Mining wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better 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. 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.
Financier Howard Rubin (center) was arraigned on sex trafficking charges on Friday.
JONATHON ZIEGLER/Patrick McMullan via Getty Images
Ex-Salomon Brothers bond trader Howard Rubin was denied bail a 3rd time in his sex trafficking case.
Prosecutors say he paid former Playboy models to engage in "fetish play," then tortured them.
Rubin says the encounters were consensual and ended in 2019; he's just a granddad now, he argued.
Howard "Howie" Rubin, a once-prominent Salomon Brothers investment banker featured in the 1985 Wall Street expose "Liar's Poker," must remain in a federal jail in Brooklyn indefinitely as he fights sex-trafficking charges, a judge ruled on Wednesday.
It was the third bail denial for Rubin, accused of paying women, many of them former Playboy models, $5,000 to engage in "fetish play," then constraining and torturing them, including by electrocuting them against their will.
Magistrate Judge Peggy Kuo said her main concern is the risk that the wealthy financier, who has a $70 million account based in the Cayman Islands, would flee the country.
"The thing that is troubling me is I don't know if I can trust Mr. Rubin," Kuo said in denying bail. She said she has no way of knowing for certain if Rubin is mulling, "What does my life look like if I flee, and what does it look like if I stay?"
Rubin's 10-count indictment alleges a series of attacks against 10 Jane Does between 2009 and 2019 in luxury hotels and a soundproofed bedroom "sex dungeon" at his Manhattan penthouse apartment.
Rubin, 70, of Fairfield, Connecticut, pleaded not guilty and has been held without bail since his arrest in September. Rubin was once considered one of Wall Street's most skilled and aggressive traders of complex mortgage securities, earning him roles at influential firms like Merrill Lynch and Soros Fund Management.
In his latest bid for freedom, his lawyers had offered a $70 million bond, co-signed by family members. They include his wife, who has been divorcing him since 2021, and who wrote a letter to the judge extolling his devotion to three young grandchildren, who call him "Pops."
"There is no allegation that Mr. Rubin engaged in any BDSM activity since 2019," his lawyers wrote in bail arguments filed Tuesday. "He has been living in Connecticut for years, devoted to the care of his grandchildren," they wrote.
Federal prosecutors countered that no amount of bail or electronic monitoring could guarantee Rubin's return to court; they also say that he has used threats and coercion to silence his accusers, allegations Rubin denies.
Rubin's former personal assistant, Jennifer Powers, has been charged with pocketing millions of dollars to arrange the encounters; she has pleaded not guilty to sex trafficking charges and is free on $850,000 bail.
Her husband, Stephen Powers, is free on $250,000, according to court records. Both Powers have pleaded not guilty to bank and tax fraud in connection with the encounters.
Three attorneys for Rubin did not immediately respond to a request for comment on Wednesday. A Department of Justice spokesperson declined to comment.
Rubin is due back in court on January 15. If convicted of the top sex trafficking charge, he faces a mandatory minimum sentence of 15 years and as much as life in prison.
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If you've ever been to a karaoke bar or rented a private room with friends, chances are, you've heard of Journey whether you realize it or not. The band has made a legacy of songs that have crossed generations with their epic ballads. I may have laughed about my dad and his friends growing up in the Midwest singing “Wheel in the Sky” and “Only the Young," yet here I am decades later repeating that cycle with my kids. Luckily, for fans old and new, the band is going on tour next year and I've broken down how to get Journey tickets below.
While the band no longer has their famous front man and acclaimed songwriter, Steve Perry (he’s still alive, but hasn’t been with the band since 1998), they have continued on. There have been multiple iterations since Perry’s exit from the band, including multiple different singers. Steve Augeri took the lead from 1998 to 2006. Jeff Scott Soto took the mic briefly for a year in 2006. Arnel Pineda has been holding the mic ever since.
Despite the changes in the band’s front mic lineup, the band hasn’t stopped believing in the power of touring. They’ve been holding onto that feeling for decades. This year, however, is the time when the Journey may be ending its big touring journey.
Next year’s tour is due to be their final farewell tour. We’re going to help you find your way with “Open Arms” to the tour that the band has deemed their “Final Frontier Tour” with leads on ways you can find ways to “Be Good to Yourself” and get the cheapest tickets on Stubhub and VividSeats to their big coming final farewell tour to sing along before they go their “Separate Ways.”
Just because the band is finally hanging their hat up after this tour doesn’t mean that they aren’t going to go the distance with making sure that their fans have a chance to see them live before they make their exit.
While they will be playing in several major cities along their tour, the band is specifically choosing to play in areas outside major metropolitan areas that typically host big-name acts. They are playing in several smaller town venues across the country, which gives fans in areas that might not have been able to make a trek to a big city a chance to see them.
The band will also be playing a select number of shows in a few cities in Canada.
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How to buy tickets for Journey’s 2026 concert tour
Journey may have played about the city by the Bay, but for some reason, they aren’t headed there during their tour. The closest they will get to it is hundreds of miles away, with shows in Sacramento, Fresno, and Bakersfield being the closest stops that Bay Area fans will be able to see the San Francisco-originated band. Perhaps the lights may have already gone down on the city by the bay for them.
That aside, the band is playing a lot of midsize and smaller cities for the majority of their farewell tour. It’s groovy for some, but city folks may have to make more of a trek to get to see them if they want to catch one of these last shows.
That said, tickets for most of the shows are also not super high city prices. They’re pretty accessible price-wise. If you poke around, you can easily scoop tickets for a show for under or about a hundred bucks. That’s not a bad thing at all. Parking may even be a lot less stressful, too.
How much are tickets?
You can find tickets on Ticketmaster, StubHub, and Vivid Seats. Some tickets are unavailable via certain resellers. The Canada tickets, for example, were only available on VividSeats. The three-day pass for their appearance at Stagecoach was only available on Stubhub.
Shows can be vastly cheaper on resellers, but it really isn’t an exact science. There are some tickets available for the opening show on Ticketmaster for as low as $98. There are also ticket options available over there for CitiBank cardholders.
outside Ticketmaster, the cheapest ticket available anywhere currently is for the April 8 show in Iowa. This cheap ticket, however, states that it is a “premium lot” ticket with a view. It appears that these may be tickets outside the venue where there is visibility to see the show while parked outside it. However, as I am not specifically familiar with this venue personally, and information from the venue’s website does not have it easily available, you may want to contact them directly before purchasing that option if you’re really curious about saving the thirty bucks or so difference in cost between that and the next higher level option. A higher-level option is available for $84 in the center itself, which is viewable on Stubhub.
The highest-priced tickets for their tour are during their appearance at the Stagecoach music festival, where fans can expect to spend at least $763 for a day pass to the show. The highest-priced single show is in Green Bay, Wisconsin, with tickets costing $271.
Who is opening for Journey’s tour?
Journey has worked hard to be the front headliners. They’re going to be holding that line in the spotlight themselves as much as possible with this tour, with the exception of when they’re going to be playing the Stagecoach festival in Indio, California. Stagecoach is a massive concert experience featuring bands such as Counting Crows, Pitbull, Bush, Post Malone, Brooks & Dunn, the Wallflowers, Ludacris, Lyle Lovett, Cody Johnson, and Lainey Wilson.
Will there be international tour dates?
The tour comprises multiple locations throughout North America. Unfortunately, there are none planned on other continents. If you’re looking to see them outside the US, you can catch one of their shows in Canada on March 7 in Ottawa, March 9 in Hamilton, March 11 in Montreal, March 12 in Quebec City, or April 17 in Vancouver, BC. The Canadian tickets are only available via VividSeats.
Who are the members of Journey?
Originally Journey was composed of lead guitarist Neal Schon who has been with the band since its inception in 1973, Gregg Rollie (who was once a lead singer of Santana before joining Journey at one point before exiting in 1980), bassist Ross Valory, rhythm guitarist George Tickner (who left after the first album), and drummer Prairie Prince (who was replaced by Aynsley Dunbar shortly after the band's formation). Needless to say, the band has seen some changes since its original formation.
Some, as mentioned above, have been about the vocalist of the band. Famous frontrunner vocalist and co-songwriter Steve Perry was with the band from 1977 to 1998. Perry was a co-songwriter on many of Journey’s most famous songs in their catalog. There have been multiple others who have left their ensemble due to differences in thoughts on the band's direction or health-related concerns. The current members of Journey embarking on this last tour are lead guitarist Neal Schon, keyboardist Jonathan Cain, vocalist Arnel Pineda, bassist Todd Jensen, drummer and singer Deen Castronovo, and keyboardist and singer Jason Derlatka.
For many parents, providing for their children goes far beyond daily expenses — it's about building a foundation for the future. We talked to parents about how they built wealth from scratch to give their kids financial security and the lessons they learned along the way.
Building a passive income stream doesn’t require a huge amount of capital to get started.
In fact, a $5,000 investment can be enough to build a diversified foundation of dividend-paying ASX shares that generate income today and have the potential to grow payouts over time.
The key is focusing on businesses with resilient cash flows, established market positions, and a track record of rewarding shareholders.
With that in mind, here are five ASX dividend shares that I think could be worth considering for an income-focused portfolio.
APA is one of Australia’s leading energy infrastructure companies, owning and operating gas pipelines and energy assets across the country. Its revenues are largely regulated or contracted, which provides strong visibility over future cash flows.
This stability has allowed APA to steadily grow its distributions over time, making it an attractive option for investors seeking long-term income rather than short-term gains. It trades with a trailing 6.2% dividend yield.
BHP is one of the most popular dividend shares on the ASX, and it is easy to see why. As one of the world’s largest diversified miners, it generates enormous cash flows through its iron ore, copper, and metallurgical coal operations.
While commodity prices can fluctuate, BHP’s low-cost assets and strong balance sheet have enabled it to pay substantial dividends across cycles. For income investors, it offers exposure to global resources with the added benefit of fully franked dividends. It offers a trailing 3.6% dividend yield at present.
Telstra remains a favourite among income-focused investors. As Australia’s largest telecommunications provider, it generates steady cash flows from its mobile and network businesses.
The rollout of 5G and ongoing demand for data services has supported Telstra’s earnings base, while management’s focus on cost control and capital discipline has helped stabilise dividends. For a $5,000 portfolio, Telstra could provide dependable income with relatively low volatility.
It currently trades with a trailing dividend yield of approximately 4%.
Transurban owns and operates toll roads across Australia and North America. These assets generate recurring revenue supported by long-term concessions and inflation-linked toll increases.
For dividend investors, Transurban offers relatively predictable cash flows and the potential for gradual distribution growth over time, particularly as new projects are completed and traffic volumes recover.
It offers a trailing unfranked dividend yield of 4.6%.
Finally, Woolworths is a classic defensive income stock. As Australia’s largest supermarket operator, it benefits from consistent demand for everyday essentials regardless of what is happening in the broader economy.
That stability underpins reliable earnings and steady dividends, which makes Woolworths a popular choice for long-term income investors. At present, it offers a trailing dividend yield of 3.1%.
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and APA Group wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor James Mickleboro has positions in Woolworths Group. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Transurban Group. The Motley Fool Australia has positions in and has recommended Apa Group, Telstra Group, Transurban Group, and Woolworths Group. The Motley Fool Australia has recommended BHP Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
The Netwealth Group Ltd (ASX: NWL) share price attracted attention after the company announced a $101 million compensation package for members impacted by the First Guardian Master Fund collapse, resulting in an expected $71 million hit to net profit after tax in 1H26.
What did Netwealth Group report?
Agreed to pay $101 million in compensation to impacted Netwealth Superannuation Master Fund members
One-off extraordinary expense to reduce 1H26 NPAT by approximately $71 million
Compensation to be paid into affected members’ super accounts by 30 January 2026
Compensation will be funded through a mixture of cash and debt
FY26 dividend to be based on underlying earnings, excluding this one-off payment
Recurring revenue, strong EBITDA margin, and positive cash generation maintained
What else do investors need to know?
Netwealth reached this compensation agreement following discussions with ASIC and has also resolved related proceedings, with ASIC not seeking any court penalties. The company and its trustee have provided enforceable undertakings to ASIC to complete payments as agreed.
Netwealth is also working closely with APRA, agreeing to uplift investment governance processes under the guidance of an independent expert. The company has already implemented several enhancements, such as a new executive role focusing on investment governance and greater transparency in monitoring investment options.
Broader industry and regulatory efforts are ongoing, and Netwealth continues to cooperate with stakeholders to ensure strengthened member protections going forward.
What did Netwealth Group management say?
Chief Executive Officer and Managing Director, Matt Heine, said:
The agreed outcome allows us to move forward and continue our work in supporting our members, our clients and our business. We have been in regular dialogue with impacted members. We know the level of distress the collapse of First Guardian has caused and it was critical to us to provide members with assurance by the end of the year that compensation would be forthcoming. We believe this is the right course of action for Netwealth and impacted members and is in line with our culture and values.
What’s next for Netwealth Group?
Looking ahead, Netwealth has reaffirmed previous FY26 guidance for net flows not materially different from FY25, and expects costs associated with First Guardian and related activities to be immaterial for the year ahead.
The business remains focused on continuous improvements in its governance, investing in people, technology, and compliance frameworks, supporting its long-term vision for a robust and innovative wealth management platform.
Netwealth Group share price snapshot
Over the past 12 months, Netwealth shares have declined 9%, trailing the S&P/ASX 200 Index (ASX: XJO) which have risen 3% over the same period.
Should you invest $1,000 in Netwealth Group Limited right now?
Before you buy Netwealth Group Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Netwealth Group Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Laura Stewart 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 Netwealth Group. The Motley Fool Australia has positions in and has recommended Netwealth Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.
It is a wholesale distribution and marketing company specialising in food, liquor, and hardware. The company supplies and supports independent retailers in Australia.
According to Ord Minnett, Metcash posted first-half FY26 earnings short of market expectations, driven partly by the earlier recognition of restructuring costs than consensus had forecast.
The key food business met forecasts, but the hardware and liquor divisions fell short of expectations.
It also noted that as with Endeavour Group Ltd (ASX: EDV) and Coles Group Ltd (ASX: COL), the liquor market continues to struggle, as the industry faces headwinds from changing consumer attitudes to health and cost of living pressures.Â
Liquor EBIT fell 8.4% excluding reconstruction costs, and we highlight the risk of greater promotional intensity from rivals as suppliers battle for market share.
Post the result, Ord Minnett cut EPS estimates by 8.0%, 9.2% and 8.3% for FY26, FY27 and FY28, respectively, primarily due to the challenges facing the liquor and hardware operations.
This leads us to cut our target price on Metcash to $4.00 from $4.60, but we maintain our Buy recommendation on valuation grounds.
Based on the updated price target of $4.00, this indicates an upside of 23.46% for this ASX 200 stock from its current price.
The ASX 200 company is an Australian-based steel manufacturer supplying global markets.
Spun out of BHP Billiton in 2002, BlueScope produces a range of steel products, systems, and technologies and is one of the world’s leading producers of painted and coated steel products.
Ord Minnett said the company recently hosted an investor day, where the company showcased its new electric arc furnace (EAF).
It seems Ord Minnett has a positive view on this development.
Ord Minnett views the EAF project as positive, with a boost at the earnings before interest and tax (EBIT) line of $80 million annually targeted for the New Zealand division. Against the $160 million investment from BlueScope, this looks to be an optimal use of funds if the targets can be achieved.
Post the investor day, it left FY26 EPS forecast unchanged.
However, Ord Minnett raised FY27 and FY28 estimates by 2.4% to incorporate increased earnings from the New Zealand assets.
Our target price on BlueScope increases to $27.50 from $27.00, and we maintain Buy recommendation.
The updated price target of $27.50 indicates an upside of 13.36% from yesterday’s closing price.
Should you invest $1,000 in Metcash Limited right now?
Before you buy Metcash Limited shares, consider this:
Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Metcash Limited wasn’t one of them.
The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*
And right now, Scott thinks there are 5 stocks that may be better buys…
Motley Fool contributor Aaron Bell 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.
