The ASX reporting season continues, with ASX majors Electro Optic Systems Holdings Ltd (ASX: EOS), PLS Group Ltd (ASX: PLS), and Bendigo and Adelaide Bank Ltd (ASX: BEN) posting their results this week.
Let's recap how the shares are tracking today and whether brokers rate them a buy, sell, or hold.
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Buy EOS shares
EOS posted a huge 283% hike in its half-year revenue this morning, and a reduced net loss of $32.9 million. Underlying EBITDA swung into profit, and its net assets grew to $391.6 million.
Going forward, EOS expects continued strong demand, driven by defence spending and escalating global interest in counter-drone technologies.
Management has forecast FY26 revenue (including MARSS) of $360 million to $400 million, assuming global supply chains remain steady. If this comes to fruition, this would be a record result.
Clearly, investors are thrilled with the result. EOS shares are up around 13% in morning trade and changing hands at $9.75 apiece. Today's increase means the shares are now just 2% lower year to date but a huge 93% higher than 12 months ago.
Brokers are also incredibly bullish about the outlook for EOS shares. TradingView data shows that all analysts rate the stock a strong buy. The average $13.64 target price implies a potential 40% upside at the time of writing.
Buy PLS shares
PLS posted its FY26 earnings results ahead of the market open on Monday morning. The company announced a 152% increase in revenue, a 59% increase in underlying EBITDA, and a swing into profit in NPAT (from a loss in the prior corresponding period).
The company has also announced a 5-cent-per-share, fully-franked final dividend for FY26. This is great news for investors after PLS suspended its dividend payouts in 2024 amid cratering global lithium prices.
PLS shares jumped 7% higher following the results announcement yesterday, but the share price has softened again today. At the time of writing, PLS shares are down around 4% and trading at $5.26 per share. For the year to date, shares are still up 22%.
Analysts' sentiment about the outlook for PLS shares is divided, but the majority hold a buy/strong buy rating on the shares. The average $5.36 target price implies a potential 2% upside ahead.
Sell Bendigo and Adelaide Bank shares
Bendigo and Adelaide Bank also ported its FY26 results on Monday. The bank reported a 3% increase in cash earnings, statutory net profit after tax of $375.1 million, and a fully-franked final dividend of 33 cents per share.
Investors appear to be mostly neutral about the result, and the share price ended the day around 0.5% lower on Monday. But this morning, there seems to be an injection of confidence back into the bank stock.
At the time of writing, the ASX bank shares are up around 3% and changing hands for $10.76 a piece. The increase means the shares are now around 1.5% higher year to date.
The experts are quite reserved about what'll happen to Bendigo and Adelaide Bank shares next, however. The majority (nine out of 14) have a hold rating on the shares, and the average $10.33 target price implies a potential 4% downside, at the time of writing.
