Tag: Stock pick

Cochlear Ltd (ASX: COH) shares were sold off heavily last week on a first-half profit result that the market clearly did not like.

The question now is, what’s next for Cochlear shares? We’ve had a look at the opinions of four major brokers, and it’s fair to say they all seem to think the share price sell-down last week was overdone.

But first, let’s have a look at the profit result.

Weak set of numbers

Cochlear last week reported revenue, which was just 1% higher (or down 2% in constant currency terms) to $1.176 billion, while underlying net profit fell 9% to $195 million.

The company kept its interim dividend steady at $2.15 per share, which represents a 72% payout of underlying net profit.

While the company’s net profit fell for the half, it said it expected a strong second half, “driven by the broad availability of the Nexa System, strong growth in services and improved momentum for acoustics”.

In terms of the numbers, the company said its expected underlying full-year net profit to come in at the lower end of the $435 to $460 million guidance range provided in August 2025, “reflecting the longer than anticipated contracting process for the Nexa Implant System in the first half”.

The company added:

As we look to the future, we remain confident of the opportunity to grow our markets. There remains a significant, unmet and addressable clinical need for cochlear and acoustic implants that is expected to continue to underpin the long-term sustainable growth of the business. Our clear growth opportunity and the rising awareness of the link between cognitive decline and hearing loss, combined with a strong balance sheet, mean we are well placed to create value for our stakeholders now, and over the long term.

Shares looking cheap

Now to the brokers, and UBS has a bullish price target of $350 on Cochlear shares compared with $203.70 on Monday.

They do point out that the strong Australian dollar is a headwind for Cochlear, even though the company has a hedging program.

UBS said while the company reported market share losses in the first half, a recovery was expected in the second half, with Cochlear expecting 10% top-line growth.

UBS has a buy recommendation on the shares.

The Barrenjoey team has a neutral rating on the stock, while it still has a bullish price target of $241.50 for Cochlear shares.

They said they saw the company’s medium and long-term growth drivers as “attractive”, with a large addressable market with unmet needs, and high barriers to entry for competition.

Canaccord Genuity has a buy rating on the stock but has reduced its price target to $295 per share from $330.

They also said the share sell-down last week was overdone.

And finally, Macquarie has a neutral recommendation on the stock, albeit with a positive share price target of $239.

The post Where to from here for Cochlear shares? appeared first on The Motley Fool Australia.

More reading

• Utilities outperform as ASX 200 ascends to a 3-month high
• Why Austal, Cochlear, Nick Scali, and WiseTech shares are tumbling today
• 13 ASX 200 shares hit multi-year lows as the market takes a breather
• Everything you need to know about the latest Cochlear dividend
• Cochlear shares sink 17% on results day

Motley Fool contributor Cameron England 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 Cochlear. The Motley Fool Australia has recommended Cochlear. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Clarity Pharmaceuticals Ltd (ASX: CU6) shares are catching the eye on Monday.

In morning trade, the ASX 300 stock is up a sizeable 18% to $3.38.

Why is this ASX 300 stock jumping?

Investors have been buying this clinical-stage radiopharmaceutical company’s shares after it released key findings from its Co-PSMA Phase II Investigator-Initiated Trial, which compared 64Cu-SAR-bisPSMA against 68Ga-PSMA-11 in 50 prostate cancer patients experiencing biochemical recurrence following surgery.

According to the release, the ASX 300 stock reported that 64Cu-SAR-bisPSMA more than doubled the number of prostate cancer lesions detected per patient compared to the standard-of-care scan. On average, patients had 1.26 lesions detected using Clarity’s product versus 0.48 using 68Ga-PSMA-11. The difference was statistically significant (p <0.0001).

In total, the standard scan detected 24 lesions across all patients. Clarity’s next-day imaging detected 63 lesions.

Even more notably, at a per-patient level, only 36% of patients had a positive scan using 68Ga-PSMA-11. By comparison, 78% of patients were identified as having prostate cancer recurrence using 64Cu-SAR-bisPSMA.

That means around four out of five patients had disease detected using Clarity’s product, versus just over one in three with the current standard scan.

Why is this important?

Prostate cancer patients with rising PSA levels after surgery often face uncertainty if imaging fails to detect the site of recurrence. More sensitive imaging can directly influence treatment decisions.

According to the announcement, planned patient management changed in 44% of trial participants after assessment with 64Cu-SAR-bisPSMA. That is a significant clinical impact.

The abstract outlining these findings has been accepted for oral presentation at the 2026 European Association of Urology Congress, one of the largest urology conferences globally.

‘Exceptional’

Commenting on the news, the ASX 300 stock’s executive chair, Dr Alan Taylor, said:

The data from the Co-PSMA trial are nothing short of exceptional. We already knew of the significant benefits of the optimised bisPSMA molecule from the early days around 7 years ago, when it was purposely developed to overcome the many shortfalls of the current single-targeting SOC PSMA imaging agents.

This innovative benchtop research of the dual-targeting bisPSMA agent quickly progressed to multiple clinical trials, including COBRA6, PROPELLER7 and SECuRE8, which enabled us to secure three Fast Track Designations from the United States (US) Food and Drug Administration (FDA) and advance to two registrational trials, AMPLIFY9 and CLARIFY10, both of which are nearing completion of recruitment.

The post Guess which ASX 300 stock is jumping 18% on big news appeared first on The Motley Fool Australia.

More reading

• Argo Investments reports record profit and dividend
• Are these 2 ASX healthcare shares a buying opportunity after yesterday’s crash?

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.

The Treasury Wine Estates Ltd (ASX: TWE) share price is slipping today.

Shares in the S&P/ASX 200 Index (ASX: XJO) global wine company closed on Friday trading for $5.24. In morning trade on Monday, shares are swapping hands for $5.15 apiece, down 1.7%.

For some context, the ASX 200 is up 0.3% at this same time.

This follows the release of Treasury Wine’s half-year results (H1 FY2026).

Here’s what’s happening.

Treasury Wine share price slides on tumbling profits

Investors had been bracing for some tough figures from the wine company for the six-month period. As well they should.

Treasury Wine reported net sales revenue of $1.3 billion in H1 FY 2026, down 16% year on year.

And while earnings came within guidance of $225 million to $235 million, that’s unlikely to offer a lot of lift to the Treasury Wine share price today. EBITS came in at $236.4 million, down 39.6% year on year.

Management said earnings were impacted by adverse category trends in the United States and China, as well as restriction of shipments contributing to parallel import activity in China and cycling of prior year shipments.

And on the bottom line, the company reported a statutory net profit after tax (NPAT) loss of $649.4 million. That’s down from a $221 million profit in H1 FY 2025. The half-year loss was reported to be fuelled by post-tax material items loss of $751 million due to non-cash impairment of US-based assets, pre material items, and SGARA (self-generating and regenerating assets).

The Treasury Wine share price also looks to be under pressure, with the passive income tap being turned off. With the company operating in the red, management suspended the Treasury Wine dividend.

That means that FY 2026 will be the first year in more than a decade that stockholders won’t receive two dividends from the global wine company. In H1 FY 2025, Treasury Wine paid a partly franked dividend of 20 cents per share.

Treasury Wine said its near-term focus is on market execution, cash flow, and accelerating the benefits from its Project Ascent program, which aims to achieve $100 million in annual cost savings over two to three years.

The company forecasts better earnings in the second half of FY 2026.

What did management say?

Commenting on the results pressuring the Treasury Wine share price today, CEO Sam Fischer said, “Today’s results come at a time when we are already making meaningful progress with the decisive actions required to return TWE to a path of sustainable, profitable growth.”

Noting the company’s focus is “firmly on the future” to build a resilient long-term business, Fischer said:

TWE Ascent is the key enabler of this reset. It is a disciplined, multi-year transformation program designed to sharpen our portfolio, simplify the organisation and optimise our cost base, and I am pleased with the progress we have made to date.

The post Treasury Wine share price slides as dividends dry up appeared first on The Motley Fool Australia.

More reading

• Treasury Wine Estates posts $649.4m loss, suspends dividend as transformation accelerates
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• Why Treasury Wine shares are rising today
• I think these cheap ASX shares are strong buys this month

Motley Fool contributor Bernd Struben 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 Treasury Wine Estates. The Motley Fool Australia has positions in and has recommended Treasury Wine Estates. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Reporting season gives analysts an up-to-date view on businesses when they deliver their result. I think this is a great time to look at compelling ASX shares that could be strong picks. There are certain businesses that numerous experts think are buys.

When one analyst thinks a business is a buy, that’s interesting. When there are numerous experts rating an ASX share as a buy, that could signal there’s a clear, compelling opportunity. Time will tell if they’re right.

Let’s look at two, non-tech companies.

Amcor (ASX: AMC)

According to the Commsec’s collation of analyst views on the flexible and rigid packaging ASX share, there are currently 18 buy ratings.

UBS is one of the brokers that rate the business as a buy, with a price target of $91.25, suggesting a pleasing double-digit rise over the next year from where it is today.

The broker said that the earnings per share (EPS) generated in its FY26 second quarter was “reasonable” and at the midpoint of its guidance, while being 3% ahead of market expectations.

UBS noted that company is still expecting FY26 EPS to growth of between 12% to 17%, with the market assuming the company will hit the low end of this guidance.

The broker also highlighted that the business provided third-quarter EPS guidance of between 90 cents to $1, with confidence of delivering synergies of at least $260 million in FY26 and $650 million over three years. Growth synergies also appear to be “gaining momentum” as well, with a run-rate $100 million of annualised sales secured so far.

UBS then explained why it rates the business as an appealing buy:

We maintain our Buy rating, with Amcor offering a 12% 3yr EPS CAGR, underpinned by the potential delivery of $650mn in synergies and accretion on the all-stock merger with Berry.

We think potential EPS upgrade momentum could be supported by accelerated synergy realisation over the next 24 months. We believe Amcor’s revised capital allocation framework also positions the company to allocate increased FCF [free cash flow] to support deleveraging, investment in higher growth categories and potential capital returns (ie, share buy backs).

Delivery on these should support a P/E re-rate from 11x to 15x, which is where the stock has typically traded when offering double-digit EPS growth.

AGL Energy Ltd (ASX: AGL)

According to the Commsec collation of analyst views on the ASX share, there are currently nine buy ratings on the ASX share.

UBS is one of those brokers that rates this energy retailer and generator as a buy, with a price target of $11.00.

The broker noted that AGL’s underlying operating profit (EBITDA) and net profit were 7% and 21% ahead of market expectations, respectively, supported by strong realised gas retail pricing and generation available.

UBS noted that AGL expects volatility to prevail in the long-term and owning low-cost capacity assets with some operating flexibility to capture a greater share of higher price periods (such as AGL’s Loy Yang A and Bayswater power stations) place AGL “in a strong position to grow underlying EBITDA” year-over-year to 2030, as long as generation availability is maintained.

The broker forecasts UBS will grow EBITDA at a CAGR of 10% and net profit at a CAGR of 15% between FY26 to FY30, which is more than other market analysts are suggesting.

UBS also said that the recent result confirmed that AGL’s battery portfolio is “performing well ahead of its own expectations & reiterated that batteries can sustain post tax unlevered asset returns at the upper end of its 7-11% target range—despite accelerating growth in both utility scale & residential battery installs.”

Then UBS added to its explanation why it thinks the ASX share is attractive:

Over time as the market builds confidence that low cost capacity assets will become increasingly valuable, we believe market estimates should reflect multi-yr EPS upgrades supporting a growing div profile with upside pending the Board’s willingness to reward shareholders with stronger payouts.

The post 2 ASX shares highly recommended to buy: Experts appeared first on The Motley Fool Australia.

More reading

• Utilities outperform as ASX 200 ascends to a 3-month high
• Here are the top 10 ASX 200 shares today
• Amcor shares jump 10% higher in February. Is there more upside ahead?
• 3 ASX 200 stocks smashing the benchmark this week
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Tristan Harrison 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 positions in and has recommended Amcor Plc. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in JB Hi-Fi Ltd (ASX: JBH) are moving higher on Monday after the electronics retailer released its half-year results.

In early morning trade, the JB Hi-Fi share price is up 5.45% to $80.86.

The bounce follows a difficult start to the year for the company. JB Hi-Fi shares are still down roughly 15% in 2026, and were trading above $100 only a few months ago.

Today’s early rally indicates the market is responding positively to the latest set of numbers.

Here’s what stood out in the result.

Sales and profit increase

For the six months to 31 December 2025, JB Hi-Fi reported total sales of $6.1 billion, up 7.3% on the prior corresponding period.

Earnings before interest and tax (EBIT) rose 8.1% to $454 million, while net profit after tax (NPAT) increased 7.1% to $305.8 million. Earnings per share (EPS) came in at 279.7 cents, up 7.1%.

Margins also edged higher across the group’s key divisions. Group EBIT margin increased 6 basis points to 7.46%.

Performance across the group

JB Hi-Fi Australia recorded sales growth of 6.3% to $4.12 billion, with comparable sales up 5%. EBIT increased 7.7% to $340.9 million, and EBIT margin improved to 8.27%.

JB Hi-Fi New Zealand reported sales growth of 32.6% to NZ$268.6 million, with EBIT more than doubling to NZ$4.5 million.

At The Good Guys, sales rose 4.1% to $1.58 billion, while EBIT increased 8% to $107.4 million.

The e&s business delivered statutory sales growth of 56.8% to $144.8 million, reflecting a full 6-month contribution compared to 4 months in the prior period.

Interim dividend increased

The board declared a fully-franked interim dividend of 210 cents per share, up 23.5% on the prior corresponding period.

The dividend represents 75% of NPAT. The shares will trade ex-dividend on 26 February 2026, with payment scheduled for 13 March 2026.

January trading update

JB Hi-Fi also provided a January trading update.

JB Hi-Fi Australia recorded total sales growth of 4% for the month, while JB Hi-Fi New Zealand grew 26.4%. The Good Guys reported sales growth of 2.7%. On the other hand, e&s sales declined 4.6%.

Despite showing relatively consistent growth, management said it remains cautious given the ongoing uncertainty in the retail market.

Foolish takeaway

JB Hi-Fi shares were under pressure this year before today’s result.

The half-year numbers showed steady sales growth, higher profit, modest margin improvement, net cash of $489.5 million and a higher dividend.

While the share price has moved higher in early trade following the update, whether that strength will continue depends on trading conditions for the remainder of FY26.

The post JB Hi-Fi shares jump 5% on results day. Is this the turnaround investors were waiting for? appeared first on The Motley Fool Australia.

More reading

• JB Hi-Fi posts record first-half sales, profit and dividend lift
• 13 ASX 200 shares hit multi-year lows as the market takes a breather
• 3 ASX 200 shares trading at 52-week lows: Are they a buy?
• Here are the 3 ASX ETFs I use for my super fund

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 Qube Holdings Ltd (ASX: QUB) share price is in focus today after the company announced a $5.20 per share all-cash acquisition proposal from a Macquarie Asset Management-led consortium, valuing Qube at an enterprise value of $11.7 billion and representing a 27.8% premium to its last closing price.

What did Qube Holdings report?

• Entered a Scheme Implementation Deed for a Macquarie Asset Management consortium to acquire 100% of shares at $5.20 cash per share (less dividends paid or declared after SID signing).
• Implied enterprise valuation of around $11.7 billion, with an EV/FY25 EBITDA multiple of approximately 14.5x.
• Shareholder offer represents a 27.8% premium to Qube’s closing price of $4.07 on 21 November 2025.
• Permitted to pay up to $0.40 per share in total dividends prior to implementation, expected to be franked to the maximum extent possible.
• UniSuper to exchange 15.07% Qube stake for a direct interest in the new holding structure rather than receiving cash.

What else do investors need to know?

The scheme must be approved by Qube shareholders (except UniSuper), the Supreme Court of New South Wales, regulators, and the independent expert. The Qube board recommends accepting the offer in the absence of a superior proposal and subject to the independent expert’s review.

Shareholders (other than UniSuper) will receive $5.20 in cash per share, adjusted for any allowed franked dividends paid before completion—potentially delivering extra value through franking credits. If the transaction extends past December 2026, a “ticking fee” of two cents per month is payable to shareholders.

What did Qube Holdings management say?

Qube Managing Director, Paul Digney, said:

MAM’s offer underscores the value that has been created through our strategy for growth, the quality of our business, leadership team and people and the strength of our safety culture.

Since inception, Qube has achieved significant growth and diversification across markets and geographies. I am confident that this transaction will provide the platform for the business to continue that evolution while maintaining our strong track record of enhancing supply chains and delivering outstanding customer service.

What’s next for Qube Holdings?

Qube will now distribute a Scheme Booklet to shareholders with full details of the offer and a timeline for the vote, likely to take place around June 2026. Completion depends on regulatory and shareholder approval, as well as no competing proposals arising. Qube encourages shareholders to take no immediate action and await further information. If a superior proposal emerges, the board’s recommendation may change under the agreement’s terms.

Qube Holdings share price snapshot

Over the 12 months, Qube shares have risen 18%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Qube Holdings board backs $11.7bn Macquarie takeover at 27.8% premium appeared first on The Motley Fool Australia.

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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 Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie 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.

a2 Milk Company Ltd (ASX: A2M) shares are starting the week on a very positive note.

In morning trade, the infant formula company’s shares are up 12.5% to $9.60.

Investors have been buying its shares after it delivered strong first-half growth and upgraded its full-year outlook.

A2 Milk shares jump on results day

For the six months ended 31 December, a2 Milk reported revenue of NZ$993.5 million, up 18.8% on the prior corresponding period.

Management notes that this was driven by strong performances across all segments and product categories, with growth primarily from core products supported by recent innovation.

Total infant milk formula (IMF) sales increased 13.6%, underpinned by continued brand strength and solid execution across channels. Liquid milk sales rose 18.5%, while Other Nutritionals revenue surged 42.9% (excluding a2 Pokeno ingredient sales).

Also growing strongly was its underlying EBITDA, which rose 25.9% to NZ$164.8 million, while underlying net profit after tax increased 19.6% to NZ$122.6 million. On a statutory basis, net profit after tax rose 9.4% to NZ$112.1 million.

The board declared an interim dividend of 11.5 NZ cents per share, up 35.3% year on year, representing around 74% of net profit from continuing operations.

Management commentary

A2 Milk’s managing director and CEO, David Bortolussi, was pleased with the half. He said:

We continue to execute our growth strategy with a focus on maximising opportunities in China infant milk formula, adjacent categories and new markets.

Infant milk formula remains central to our growth strategy and continues to outperform the China market, delivering 13.6% year-on-year revenue growth. Our liquid milk businesses continue to perform exceptionally well in Australia and the US, with both achieving double-digit revenue growth as more consumers embrace the benefits of a2 Milk.

The Company’s strong performance in the half has enabled us to upgrade our FY26 full year guidance and declare an interim dividend at the higher end of our policy range.

Outlook

As mentioned above, A2 Milk has upgraded its FY 2026 guidance following a stronger than expected first half.

The company now expects revenue growth in the mid double-digit percentage range (from low double-digit) compared to FY 2025 continuing operations. EBITDA margin is forecast to be approximately 15.5% to 16.0%, with net profit expected to be up on FY 2025 reported levels.

Bortolussi adds:

Our upgraded outlook means we are now on track to achieve our $2 billion medium term sales ambition in FY26, a full year ahead of plan. This is testament to the execution of our team and the strength of the a2 brand.

The post A2 Milk shares jump 12% on strong half-year result and guidance upgrade appeared first on The Motley Fool Australia.

More reading

• The a2 Milk Company impresses with 1H26 earnings—shares in focus
• Buy, hold, sell: A2 Milk, ARB, and Wesfarmers shares
• Here are the top 10 ASX 200 shares today
• Chinese birthrate punches a hole in the A2 Milk share price
• The a2 Milk Company shares fall 11% after responding to an ASX price query

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.

There have been some significant declines in the share prices of some ASX dividend shares. This could be a great time to invest because of the dividend yields on offer.

I like it when a share price declines because it pushes the dividend yield higher. For example, if a business has a dividend yield of 5% and the share price drops 10%, then the dividend yield becomes 5.5%. A 20% decline unlocks a 20% dividend yield. And so on.

Both of the ASX dividend shares below have a promising future, in my view.

Centuria Capital Group (ASX: CNI)

Centuria is one of the largest property fund managers in Australia, giving the business significant exposure across a range of property sectors, including industrial and office.

As the chart below shows, the Centuria share price has fallen by around 20% since 29 August 2025, making it significantly cheaper for investors.

The business has provided guidance that expects to generate operating earnings per share (OEPS) of 13.4 cents, representing growth of 10% year over year. This means the business is trading at 14x FY26’s operating earnings.

The ASX dividend share is also expecting to pay a distribution to investors that equates to a distribution yield of 5.4%, at the time of writing, which I think is a solid start for passive income investors.

Centuria is aiming for at least $1 billion of real estate transactions in FY26, as well as expanding its real estate finance with new products and capital sources. Additional revenue is expected through its AI-related investments as well. All of this is expected to drive earnings growth.

I think the business has a very promising future, and this is a good time to invest.

Nick Scali Ltd (ASX: NCK)

This ASX dividend share is one of the larger furniture retailers in Australia. The business has the Plush and Nick Scali businesses in Australia, as well as the relatively new UK operations.

The Nick Scali share price is down around 25% since 11 February 2026, as shown in the chart below. This could be an exciting opportunity to invest in the company.

The business reported a good level of growth in the FY26 first-half result. In the first six months, ANZ revenue rose 13.1% to $251.7 million, and underlying ANZ net profit jumped 29.4% to $46.6 million.

UK revenue declined 38.5% to $17.6 million, while the underlying UK net loss worsened by 100% to $5.6 million.

Total revenue grew 7.2% to $269.3 million, overall underlying net profit increased 23.1%, and the dividend per share was hiked by 30% to 39 cents per share.

We shouldn’t read too much into the UK numbers because there were numerous store closures for lengthy periods because of store refurbishments. UK sales orders increased by 12.8%, which bodes well for future growth.

Additionally, the UK gross profit margin increased to 59.2%, significantly above last year’s gross profit margin of 45.1%.

A number of new UK stores are currently in negotiations, with a “strong focus on growing the store network”.

Trading looks positive for the second half of FY26 – ANZ written sales orders for the month of January increased by 3.1% year over year. A further five new stores are confirmed for ANZ during the year, with additional opportunities currently being reviewed.

In the UK, the majority of the store refurbishment program is now complete, and it has seen an improvement. Total January written sales were $6.7 million. Four Nick Scali-branded stores that were trading in January FY25 achieved like for like sales growth of 32% in January FY26, which bodes well for the foreseeable future.

The forecast on CMC Invest suggests the business could deliver an annual dividend per share of 84 cents in FY27. That would translate into a grossed-up dividend yield of 6.5%, including franking credits, at the time of writing.

The post These 2 ASX dividend shares are great buys right now appeared first on The Motley Fool Australia.

More reading

• Recap: Winners and losers from earnings season week 2
• Why Austal, Cochlear, Nick Scali, and WiseTech shares are tumbling today
• Nick Scali shares plunging 11% today despite big dividend boost
• Are Nick Scali and Northern Star Resources shares a buy, hold or sell before earnings results?
• 3 ASX dividend stocks I’m excited to see the payouts of this reporting season

Motley Fool contributor Tristan Harrison 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 Nick Scali. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

The New Hope Corporation Ltd (ASX: NHC) share price is in focus today after the company reported underlying EBITDA of $106.9 million for the quarter ended 31 January 2026, and group coal sales up 8.2% compared to the previous quarter.

What did New Hope Corporation report?

• Group Run of Mine (ROM) coal production: 4.1 million tonnes, up 4.8% from last quarter
• Coal sales: 2.9 million tonnes, up 8.2% from last quarter
• Average realised sales price: $139.0 per tonne, up from $136.6 per tonne
• Underlying EBITDA: $106.9 million for the quarter, and $214.8 million for the first half FY26
• Available cash balance: $616.8 million at 31 January 2026
• Reduction in Bengalla Mine’s FY26 sustaining capital guidance to $100–130 million

What else do investors need to know?

New Hope continued its strong mining performance at both Bengalla and New Acland mines, with improved logistics supporting higher coal sales. Saleable coal production grew 2.8% for the quarter, while Queensland’s New Acland Mine increased output thanks to higher yielding coals and improved rail availability.

Safety remains a focus, with the All-Injury Frequency Rate rising to 35.20, and the company reporting four high potential safety events during the quarter. The board noted no shares were acquired under the ongoing $100 million buy-back program during the period, but capital management remains a priority.

Malabar Resources, in which New Hope holds a 25.97% stake, advanced the Maxwell Underground project and secured a major debt facility for future growth. New Hope also entered a deed to extinguish its financial guarantee liability related to Bowen Coking Coal, which will see a $12 million settlement paid to New Hope if creditors approve the deal.

What did New Hope Corporation management say?

Chief Executive Officer Rob Bishop said:

Our operations delivered improved productivity and output on the back of better mining conditions and logistics performance. We are focused on maintaining safe, reliable production and delivering value to our shareholders.

What’s next for New Hope Corporation?

Looking ahead, New Hope expects Bengalla Mine to return to its normal 13.4 million tonne per annum ROM coal production rate in the second half of FY26, as pit sequences recover from last year’s severe weather. Guidance for group and site-specific production and sales remains unchanged, with a notable reduction in sustaining capital expenditure at Bengalla Mine.

The company remains committed to disciplined capital management, exploring shareholder return options, and tracking developments at its strategic investments. Completion of the Bowen Coking Coal settlement and publication of its interim report in March 2026 are also on the near-term agenda.

New Hope Corporation share price snapshot

Over the past 12 months, New Hope Corporation shares have risen 6%, slightly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

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The post New Hope Corporation Q2 FY26 earnings: coal sales and EBITDA hold steady appeared first on The Motley Fool Australia.

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It has been a very rough time for the technology segment of the S&P/ASX 200 Index (ASX: XJO). Who knows when the falls will stop? While I’m seeing opportunities in that sector, I also think there are other ASX 200 shares that could be a bastion of stability.

Not every business is exposed to AI in the way that software stocks are.

There are some names that have resilient earning and can easily weather the storm, in my view. These stocks include those with exposure to essential products and services.

Coles Group Ltd (ASX: COL)

You can’t get much more of an essential service than food and Coles is one of the largest food retailers in Australia with its national supermarket chain and liquor division which includes Liquorland.

The ASX 200 share has delivered regular sales and earnings growth, funding a similar growth pattern as the dividend.

It doesn’t need to continue outperforming Woolworths Group Ltd (ASX: WOW) to continue being a good investment, but that makes it particularly compelling as a sign that customers are liking the products on offer.

With a growing Australian population and strong e-commerce growth, the prospect for ongoing earnings growth looks good, particularly with its new automated distribution centres.

According to the forecasts on CommSec, the Coles share price is valued at 24x FY26’s estimated earnings with a forecast grossed-up dividend yield of 5.1%, including franking credits.

Telstra Group Ltd (ASX: TLS)

Another essential service that most Australians and businesses can’t seem to do without is an internet connection.

Telstra is the leading Australian telco, with the biggest market share of mobile and NBN connections.

Having the best network and the most subscribers allows Telstra to generate the strongest profits compared to its peers, as well as investing the most in its network further.

Telstra’s subscriber base has regularly grown over the last few years and the operating leverage has enabled its operating profit (EBITDA) margin to increase.

I’m particularly hopeful the ASX 200 share can win more 5G-powered home internet connections because that would mean a significantly higher profit margin from each connection, rather than that margin going to the NBN.

According to the forecast on Commsec, the current Telstra share price is valued at 25x FY26’s estimated earnings with a possible grossed-up dividend yield of 5.8%, including franking credits.

Washington H. Soul Pattinson and Co. Ltd (ASX: SOL)

Soul Patts is the most diversified ASX 200 share, in my view.

It’s not just a telco or a supermarket business. Rather, it owns a portfolio across a broad range of ASX shares, international shares, private businesses, property and credit.

Some of the sectors it’s invested in include telecommunications, resources, industrial property, building products, swimming schools, agriculture, electrification, healthcare and more.

By taking this diversified approach, along ensuring its investments have defensive cash flow, it means the ASX 200 share is likely to deliver resilient earnings, even during economically uncertain times, as well as a steadily-growing dividend.

I’m backing this business to be around for decades to come.

Its ability to shift its portfolio means, in my view, it can always ensure its portfolio is future-focused and generate good returns for shareholders. Additionally, that wide investment horizon gives the company a great chance to find the best opportunities.

The post Why it’s a great time to buy these ASX 200 shares in these rocky times appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has positions in and has recommended Washington H. Soul Pattinson and Company Limited. The Motley Fool Australia has positions in and has recommended Telstra Group, Washington H. Soul Pattinson and Company Limited, and Woolworths Group. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.