Aristocrat Leisure Ltd.

Aristocrat Leisure is a provider of gaming solutions. Co. is engaged in the design, development and distribution of gaming content, platforms and systems. Co.'s products and services include electronic gaming machines and casino management systems. Co. also operates within the online social gaming and real money wager markets.
  • TickerALL
  • ISINAU000000ALL7
  • ExchangeAustralian Securities Exchange
  • SectorTravel & Leisure
  • CountryAustralia

Analysts

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Bullish Developed Markets Stocks

Favor EAFE over EM The U.S. dollar remains elevated and as long as this remains the case we believe developed international equities (EAFE) will continue to outperform relative to emerging markets (MSCI EM)... see charts below. Below we highlight attractive and actionable themes within developed international: • Australia. Australia's All Ordinaries index exhibits bullish price and RS trends, a rarity when it comes to global markets considering most country-specific indexes display neutral or negative price trends. We highlight several Australian names, and would use recent broad market weak...

Daniel Ragonese

Morningstar | Strong Momentum in North America Drives Another Solid Result for Aristocrat Leisure

Narrow-moat Aristocrat Leisure’s strong momentum in North America shows no signs of slowing. This was evidenced by the solid market share gains achieved in the (leased) gaming operations and outright unit sales categories, in the first half of fiscal 2019. The firm reported a 17% increase in interim earnings per share (pre-amortisation), or EPSA, to AUD 66.2 cents. However, part of this growth reflected the translation benefit of the weaker Australian dollar. Excluding the currency tailwind, EPSA rose by about 8% compared with the prior corresponding period. We have raised our fiscal 2019 full...

Daniel Ragonese

Morningstar | Strong Momentum in North America Drives Another Solid Result for Aristocrat Leisure. See Updated Analyst Note from 23 May 2019

Narrow-moat Aristocrat Leisure’s strong momentum in North America shows no signs of slowing. This was evidenced by the solid market share gains achieved in the (leased) gaming operations and outright unit sales categories, in the first half of fiscal 2019. The firm reported a 17% increase in interim earnings per share (pre-amortisation), or EPSA, to AUD 66.2 cents. However, part of this growth reflected the translation benefit of the weaker Australian dollar. Excluding the currency tailwind, EPSA rose by about 8% compared with the prior corresponding period. We have raised our fiscal 2019 full...

Daniel Ragonese

Aristocrat Earnings to Benefit From Lower Australian Dollar and Ongoing Investment Into Digital

We raise our fair value estimate for Aristocrat Leisure by 4% to AUD 24.50 per share, to reflect the translation benefit of the lower Australian dollar relative to the U.S. dollar, and time value of money. We have adjusted our currency assumptions to AUD/USD 0.71 from 0.73 for the next five years and given most group earnings are generated in U.S. dollars, the impact on our earnings forecasts is notable. The lower Australian dollar increases our EPS forecasts by around 3%, although this is parti...

ARISTOCRAT LEISURE LTD. with less fundamental stars is reduced to Neutral

ARISTOCRAT LEISURE LTD. (AU), a company active in the Gambling industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date May 7, 2019, the closing price was AUD 25.69 and its expected value was estimated at AUD 25.48.

Daniel Ragonese

Morningstar | Strong Momentum in North America Drives Another Solid Result for Aristocrat Leisure

Narrow-moat Aristocrat Leisure’s strong momentum in North America shows no signs of slowing. This was evidenced by the solid market share gains achieved in the (leased) gaming operations and outright unit sales categories, in the first half of fiscal 2019. The firm reported a 17% increase in interim earnings per share (pre-amortisation), or EPSA, to AUD 66.2 cents. However, part of this growth reflected the translation benefit of the weaker Australian dollar. Excluding the currency tailwind, EPSA rose by about 8% compared with the prior corresponding period. We have raised our fiscal 2019 full...

Daniel Ragonese

Morningstar | Strong Momentum in North America Drives Another Solid Result for Aristocrat Leisure. See Updated Analyst Note from 23 May 2019

Narrow-moat Aristocrat Leisure’s strong momentum in North America shows no signs of slowing. This was evidenced by the solid market share gains achieved in the (leased) gaming operations and outright unit sales categories, in the first half of fiscal 2019. The firm reported a 17% increase in interim earnings per share (pre-amortisation), or EPSA, to AUD 66.2 cents. However, part of this growth reflected the translation benefit of the weaker Australian dollar. Excluding the currency tailwind, EPSA rose by about 8% compared with the prior corresponding period. We have raised our fiscal 2019 full...

Daniel Ragonese

Aristocrat Earnings to Benefit From Lower Australian Dollar and Ongoing Investment Into Digital

We raise our fair value estimate for Aristocrat Leisure by 4% to AUD 24.50 per share, to reflect the translation benefit of the lower Australian dollar relative to the U.S. dollar, and time value of money. We have adjusted our currency assumptions to AUD/USD 0.71 from 0.73 for the next five years and given most group earnings are generated in U.S. dollars, the impact on our earnings forecasts is notable. The lower Australian dollar increases our EPS forecasts by around 3%, although this is parti...

Daniel Ragonese

Morningstar | Aristocrat Earnings to Benefit from Lower Australian Dollar and Ongoing Investment into Digital

We raise our fair value estimate for Aristocrat Leisure by 4% to AUD 24.50 per share, to reflect the translation benefit of the lower Australian dollar relative to the U.S. dollar, and time value of money. We have adjusted our currency assumptions to AUD/USD 0.71 from 0.73 for the next five years and given most group earnings are generated in U.S. dollars, the impact on our earnings forecasts is notable. The lower Australian dollar increases our EPS forecasts by around 3%, although this is partially offset by softer near-term margins in the digital business. We have lifted our EPS forecasts by...

Daniel Ragonese

Morningstar | Earnings Stability Should Improve With Larger Contribution From Leased Machines and Digital Gaming

Aristocrat Leisure has many positive attributes, including a global portfolio of licences to manufacture electronic gaming machines and develop gaming content, a broad suite of products, and strong intellectual property built up since the 1950s. However, the investment case is not without risks, with intense competition and susceptibility to swings in game popularity, gambler taste, customer venue finances, and regulatory regimes all having the potential to substantially affect earnings. There are also secular uncertainties on the horizon as a result of the ageing profile of traditional pokies...

1 director bought

A director at Aristocrat Leisure Limited bought 2,000 shares at 25.040AUD and the significance rating of the trade was 69/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showing Close periods where trading activity is restricted under listing rules. The n...

ARISTOCRAT LEISURE LTD. with less fundamental stars is reduced to Neutral

ARISTOCRAT LEISURE LTD. (AU), a company active in the Gambling industry, loses a star(s) at the fundamental level and sees its general evaluation downgraded. The independent financial analyst theScreener just removed a fundamental star(s) for a 2 over 4-star rating. As such, market behaviour remains unchanged and is evaluated as moderately risky. theScreener believes that the loss of a star(s) merits downgrade to the general evaluation of the title, which passes to Neutral. As of the analysis date May 7, 2019, the closing price was AUD 25.69 and its expected value was estimated at AUD 25.48.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

MarketLine Department

Scientific Games Corporation - Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments

Summary Marketline's Scientific Games Corporation Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Scientific Games Corporation since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its compe...

Dave Nicoski ...
  • Ross LaDuke

Int'l Insights: Bullish Developed Markets Stocks

Favor EAFE over EM The U.S. dollar remains elevated and as long as this remains the case we believe developed international equities (EAFE) will continue to outperform relative to emerging markets (MSCI EM)... see charts below. Below we highlight attractive and actionable themes within developed international: • Australia. Australia's All Ordinaries index exhibits bullish price and RS trends, a rarity when it comes to global markets considering most country-specific indexes display neutral or negative price trends. We highlight several Australian names, and would use recent broad market weak...

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