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MarketScreener Homepage  >  Equities  >  Australian Stock Exchange  >  Treasury Wine Estates Limited    TWE   AU000000TWE9

TREASURY WINE ESTATES LIMITED

(TWE)
  Report
End-of-day quote. End-of-day quote Australian Stock Exchange - 01/25
9.31 AUD   -0.11%
2020TREASURY WINE ESTATES : Appendix 3Y - Change of Director's Interest Notice
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2020TREASURY WINE ESTATES : TWE 2020 Fact Book
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2020TREASURY WINE ESTATES : ASX Appendix 3G
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Australian shares end higher as RBA minutes, lower virus cases lift mood

08/18/2020 | 02:33am EST

* CSL boosts healthcare index

* Treasury Wines tumbles after China's anti-dumping probe

* New Zealand shares close higher

Aug 18 (Reuters) - Australian shares closed higher on Tuesday, with healthcare stocks leading gains, as the central bank's minutes showed some optimism around its economy and the rapid spread of the novel coronavirus in the country appeared to ease.

The S&P/ASX 200 index ended 0.8% higher at 6,123.40, following a 0.8% slide on Monday.

The Reserve Bank of Australia does not see a need to further ease policy for now as its measures were working "broadly as expected" with a recovery underway in most of the country, its August policy meeting's minutes showed.

"The RBA does seem a little more optimistic on the outlook and not as pessimistic as they were," Henry Jennings, senior analyst at Marcus Today Financial said.

"If things did get bad, they could do further stimulus measures. So, I think that has helped the markets."

Aiding sentiment, lower COVID-19 cases were reported in Victoria and New South Wales and Australia is now set to mark its lowest one-day rise in infections in a month.

Healthcare stocks climbed 4.2% to close at their highest since May 26, boosted by CSL Ltd's 4.4% jump.

The drugmaker said it is in talks with Cambridge-based AstraZeneca, a frontrunner in the global race for a COVID-19 vaccine, to see if a potential coronavirus vaccine can be manufactured locally.

Technology stocks rose 2.1%, led by Megaport Ltd , up 10.7%, followed by WiseTech Global Ltd, gaining 6.4%.

But limiting gains on the benchmark was Treasury Wine Estates, which dropped 14.4% to its lowest close since July 10, after China, its biggest market, began an anti-dumping investigation into imports of wine from Australia.

In New Zealand, the benchmark S&P/NZX 50 index rose 1.51% to 11,849.1.

Top gainers were Summerset Group Holdings Ltd, up 6.44% and Synlait Milk Ltd, gaining 4.86%. (Reporting by Nikhil Subba in Bengaluru; editing by Uttaresh.V)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ASTRAZENECA PLC 1.27% 8001 Delayed Quote.7.82%
CLASS III MILK FUTURES (DC) - CMG (ELECTRONIC)/C1 -0.19% 16.13 End-of-day quote.2.28%
CLASS IV MILK?FUTURES (GDK) - CMG (ELECTRONIC)/C1 0.22% 13.8 End-of-day quote.0.07%
CSL LIMITED 0.34% 275.54 End-of-day quote.-2.70%
DRY WHEY?FUTURES (DY) - CMG (ELECTRONIC)/C1 0.00% 45.5 End-of-day quote.3.17%
MEGAPORT LIMITED 1.71% 13.06 End-of-day quote.-8.35%
NONFAT DRY MILK FUTURES (GNF) - CMG (ELECTRONIC)/C1 0.00% 113.8 End-of-day quote.0.89%
S&P/ASX 200 0.36% 6824.7 Real-time Quote.3.24%
SUMMERSET GROUP HOLDINGS LIMITED 0.00% 12.4 End-of-day quote.-1.20%
SYNLAIT MILK LIMITED 1.07% 4.71 End-of-day quote.-9.94%
TREASURY WINE ESTATES LIMITED -0.11% 9.31 End-of-day quote.-0.96%
WISETECH GLOBAL LIMITED 1.78% 33.79 End-of-day quote.9.89%
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2020TREASURY WINE ESTATES : Appendix 3Y - Change of Director's Interest Notice
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Financials
Sales 2021 2 511 M 1 928 M 1 928 M
Net income 2021 249 M 191 M 191 M
Net Debt 2021 1 532 M 1 176 M 1 176 M
P/E ratio 2021 26,7x
Yield 2021 2,55%
Capitalization 6 716 M 5 169 M 5 154 M
EV / Sales 2021 3,28x
EV / Sales 2022 3,33x
Nbr of Employees 3 000
Free-Float 99,5%
Chart TREASURY WINE ESTATES LIMITED
Duration : Period :
Treasury Wine Estates Limited Technical Analysis Chart | TWE | AU000000TWE9 | MarketScreener
Technical analysis trends TREASURY WINE ESTATES LIMITED
Short TermMid-TermLong Term
TrendsNeutralNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 15
Average target price 10,33 AUD
Last Close Price 9,31 AUD
Spread / Highest target 58,1%
Spread / Average Target 11,0%
Spread / Lowest Target -14,1%
EPS Revisions
Managers and Directors
NameTitle
Tim Ford Chief Executive Officer, Director & MD
Paul Ashley Rayner Chairman
Matthew Young Chief Financial Officer
Warwick Lynton Every-Burns Independent Non-Executive Director
Garry Arthur Hounsell Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
TREASURY WINE ESTATES LIMITED-0.96%5 169
VIÑA CONCHA Y TORO S.A.-1.60%1 238
DELEGAT GROUP LIMITED-2.96%1 072
C&C GROUP PLC1.76%978
LAURENT-PERRIER1.33%546
ITALIAN WINE BRANDS S.P.A.12.98%210