Fintel reports that on August 23, 2023, MACQUARIE RESEARCH upgraded their outlook for GWA Group (ASX:GWA) from Neutral to Outperform .
Analyst Price Forecast Suggests 11.14% Upside
As of August 1, 2023, the average one-year price target for GWA Group is 2.20. The forecasts range from a low of 1.82 to a high of $2.42. The average price target represents an increase of 11.14% from its latest reported closing price of 1.98.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for GWA Group is 429MM, an increase of 4.07%. The projected annual non-GAAP EPS is 0.17.
GWA Group Maintains 6.57% Dividend Yield
At the most recent price, the company's dividend yield is 6.57%.
Additionally, the company's dividend payout ratio is 0.80. The payout ratio tells us how much of a company's income is paid out in dividends. A payout ratio of one (1.0) means 100% of the company's income is paid in a dividend. A payout ratio greater than one means the company is dipping into savings in order to maintain its dividend - not a healthy situation. Companies with few growth prospects are expected to pay out most of their income in dividends, which typically means a payout ratio between 0.5 and 1.0. Companies with good growth prospects are expected to retain some earnings in order to invest in those growth prospects, which translates to a payout ratio of zero to 0.5.
The company's 3-Year dividend growth rate is 0.13%, demonstrating that it has increased its dividend over time.
What is the Fund Sentiment?
There are 51 funds or institutions reporting positions in GWA Group. This is a decrease of 4 owner(s) or 7.27% in the last quarter. Average portfolio weight of all funds dedicated to GWA is 0.02%, a decrease of 9.09%. Total shares owned by institutions decreased in the last three months by 2.39% to 21,551K shares.
What are Other Shareholders Doing?
VGTSX - Vanguard Total International Stock Index Fund Investor Shares holds 3,545K shares representing 1.34% ownership of the company. No change in the last quarter.
VTMGX - Vanguard Developed Markets Index Fund Admiral Shares holds 1,983K shares representing 0.75% ownership of the company. No change in the last quarter.
SPDW - SPDR(R) Portfolio Developed World ex-US ETF holds 1,714K shares representing 0.65% ownership of the company. In it's prior filing, the firm reported owning 1,640K shares, representing an increase of 4.28%. The firm increased its portfolio allocation in GWA by 5.12% over the last quarter.
DISVX - Dfa International Small Cap Value Portfolio - Institutional Class holds 1,616K shares representing 0.61% ownership of the company. In it's prior filing, the firm reported owning 1,546K shares, representing an increase of 4.36%. The firm decreased its portfolio allocation in GWA by 18.91% over the last quarter.
Dfa Investment Trust Co - The Asia Pacific Small Company Series holds 1,578K shares representing 0.59% ownership of the company. In it's prior filing, the firm reported owning 1,559K shares, representing an increase of 1.20%. The firm decreased its portfolio allocation in GWA by 17.35% over the last quarter.
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