{"id":1440,"date":"2017-02-08T12:18:25","date_gmt":"2017-02-08T02:18:25","guid":{"rendered":"http:\/\/www.australian-gold.com\/blog\/?p=1440"},"modified":"2017-02-08T12:21:46","modified_gmt":"2017-02-08T02:21:46","slug":"aqg-with-us215m-cash-balance-credit-suisse-rates-aqg-as-outperform","status":"publish","type":"post","link":"https:\/\/www.australian-gold.com\/blog\/aqg-with-us215m-cash-balance-credit-suisse-rates-aqg-as-outperform\/","title":{"rendered":"AQG with US$215m cash balance: Credit Suisse rates AQG as Outperform"},"content":{"rendered":"<p><a href=\"http:\/\/www.eurekareport.com.au\/broker-alerts\/credit-suisse-rates-aqg-outperform-1\">Credit Suisse rates AQG as Outperform <\/a><br \/>\n2016 net profit was in line with expectations and there was no dividend. The cash balance has been reconfirmed at US$215m.<br \/>\nTarget price is $5.30 Current Price is $2.73 Difference: $2.57<br \/>\nIf AQG meets the Credit Suisse target it will return approximately 94% (excluding dividends, fees and charges).<br \/>\nCurrent consensus price target is $4.17, suggesting upside of 52.7%(ex-dividends)<br \/>\nThe company&#8217;s fiscal year ends in December.<br \/>\nForecast for FY17:<br \/>\nCredit Suisse forecasts a full year FY17 dividend of 0.00 cents and EPS of 17.30 cents.<br \/>\nAt the last closing share price the stock&#8217;s estimated Price to Earnings Ratio (PER) is 15.78.<br \/>\nHow do these forecasts compare to market consensus projections?<br \/>\nCurrent consensus EPS estimate is 5.5, implying annual growth of N\/A.<br \/>\nCurrent consensus DPS estimate is N\/A, implying a prospective dividend yield of N\/A.<br \/>\nCurrent consensus EPS estimate suggests the PER is 49.6.<br \/>\nForecast for FY18:<br \/>\nCredit Suisse forecasts a full year FY18 dividend of 10.78 cents and EPS of 18.60 cents.<br \/>\nAt the last closing share price the estimated dividend yield is 3.95%.<br \/>\nAt the last closing share price the stock&#8217;s estimated Price to Earnings Ratio (PER) is 14.68.<br \/>\nHow do these forecasts compare to market consensus projections?<br \/>\nCurrent consensus EPS estimate is 11.9, implying annual growth of 116.4%.<br \/>\nCurrent consensus DPS estimate is 3.5, implying a prospective dividend yield of 1.3%.<br \/>\nCurrent consensus EPS estimate suggests the PER is 22.9.<br \/>\nThis company reports in USD. All estimates have been converted into AUD by FNArena at present FX values.<br \/>\nMarket Sentiment: 0.6<br \/>\nAll consensus data are updated until yesterday. FNArena&#8217;s consensus calculations require a minimum of three sources<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Credit Suisse rates AQG as Outperform 2016 net profit was in line with expectations and there was no dividend. The cash balance has been reconfirmed at US$215m. Target price is $5.30 Current Price is $2.73 Difference: $2.57 If AQG meets the Credit Suisse target it will return approximately 94% (excluding dividends, fees and charges). Current [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1440","post","type-post","status-publish","format-standard","hentry","category-uncategorised"],"_links":{"self":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1440","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/comments?post=1440"}],"version-history":[{"count":2,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1440\/revisions"}],"predecessor-version":[{"id":1442,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/posts\/1440\/revisions\/1442"}],"wp:attachment":[{"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/media?parent=1440"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/categories?post=1440"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.australian-gold.com\/blog\/wp-json\/wp\/v2\/tags?post=1440"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}