Steadfast’s 1H19 Highlights the Firm’s Attractive Earnings Growth Outlook. FVE AUD 3 Intact
No-moat general insurance broker, Steadfast Group, maintained earnings guidance for fiscal 2019 following a strong first half. Our positive view is intact and at current prices, the stock is trading close to our AUD 3.00 per share fair value estimate. Underlying cash NPAT increased an impressive 17% to AUD 50 million, just ahead of our AUD 48 million expectation. The fully franked interim dividend of AUD 3.2 cents per share, or cps, was in line, increasing 14% on the previous corresponding perio...Steadfast Group is engaged in the provision of services to Steadfast Network Brokers, the distribution of insurance policies via insurance brokerages and underwriting agencies, and related services.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
We have operations in 27 countries.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.