Three that have fared well and been given buy ratings are listed below. Here's why the broker is bullish on them:

ARB Corporation Ltd (ASX: ARB)

Morgans was a touch disappointed with this 4×4 parts manufacturer's performance during the first quarter.

However, it remains positive on the future and has retained its buy rating with a $25.90 price target. This implies potential upside of over 50% for investors.

Commenting on ARB, Morgans said:

ARB's 1Q27 update was disappointing: sales -6.1% (1Q26 +3.8%) as Aftermarket and Export weakness (single-digit declines) outweighed strong OEM growth. Positively, PBT grew despite weaker sales amid steady gross margins (FX-driven). While a softer Aftermarket result was largely expected (ARB's core vehicle volumes -16% in 1Q27), Export was a negative surprise, as slower US OEM sales, softer UK vehicle volumes and weak NZ demand offset growth in the US Aftermarket, Africa, Europe and SE Asia. 

Positively, new OEM contract wins and early indications of recovering OEM sales support the division's outlook. Despite softer near-term sales, resilient margins should continue to underpin the earnings base, with improving vehicle supply and various network and growth initiatives driving the earnings recovery. BUY maintained, A$25.90ps target price.

Navigator Global Investments Ltd (ASX: NGI)

The broker highlights that this global investment company delivered a mixed quarter.

Nevertheless, it remains positive and has retained its buy rating and $3.04 price target. This suggests that the ASX share could rise around 46% from current levels.

The broker commented:

NGI has released its September 2026 (1Q27) AUM update. We saw this as a bit of a mixed quarter. Group ownership-adjusted AUM rose +9% (or a solid ~+3% excluding Stable Growth), led by the NGI Strategic Portfolio (+9%). 

However, Lighthouse was softer, with net flows slowing to +US$280m (4Q26: +US$690m), being mostly into lower-margin managed accounts, and largely offset by negative performance (-US$240m). We make no changes to our forecasts or our A$3.04 price target. With >20% upside remaining to our PT, we maintain our BUY recommendation.

Netwealth Group Ltd (ASX: NWL)

A third ASX share that has been given the thumbs up from Morgans is investment platform provider Netwealth.

Once again, although Netwealth's quarterly performance fell short of expectations, Morgans still sees plenty of value in its shares. 

As a result, it has retained its buy rating with a $22.90 price target. It said:

NWL's 1Q27 net flows of A$2.6bn were below VA consensus (A$3.5bn), with elevated gross outflows persisting (incl. two institutional client exits totalling A$0.6bn). Group FUA grew +2.5% QoQ to a record A$139.2bn, ~1.3% shy of VA consensus (A$141.0bn), with markets a slight +A$0.8bn tailwind. FY27 net flows guidance was lowered to A$17-19bn, with NWL flagging budget impacts & market volatility as current headwinds to adviser/investor behaviour. 

We trim our FY27-29F NPAT forecasts by -5-6% reflecting a modest miss vs MorgF, and the addition of Paradino into MorgansF. NWL is trading on a FY27 P/E of ~30x (a -35% discount to its 5yr avg). Our BUY rating is retained with a PT of A$22.90/sh.

The post Morgans names 3 ASX shares to buy now appeared first on The Motley Fool Australia.

Ord Minnett has published new notes on three ASX shares today.

The broker reckons all of them present good buying opportunities. Here's why.

Fortescue Ltd (ASX: FMG)

The Fortescue share price is $15.27, up 0.2% today and down 24% over 12 months. 

Ord Minnett has a buy rating and a 12-month price target of $19 on this ASX 200 mining share. 

This implies a potential 24% upside ahead.

In a new note, the broker explained its buy recommendation on Fortescue shares:

Fortescue (FMG) provided a preliminary September quarter update that was weaker-than-anticipated.

Iron ore shipments of 46.8 million tonnes (Mt) over the quarter was down 6% year-on-year and below market expectations for 49.7Mt.

While maintenance activity and planned port shutdowns affected shipments, the larger issue remains the unresolved iron ore contract negotiations with the China Mineral Resources Group (CMRG), which meant that sales volumes were even softer at 42.9Mt, as the state-backed buyer restricted deliveries of FMG cargoes.

The key issue in negotiations with CMRG appears to be long-term offtake pricing.

We assume FMG can conclude its negotiations with CMRG by the end of CY26, but if negotiations drag on, management may need to alter mine plans, adjust stockpiling strategies and reconfigure parts of its supply chain to accommodate lower sales volumes.‍

Resmed CDI (ASX: RMD)

The Resmed share price is $34.34, up 0.8% today and down 16% over 12 months. 

Ord Minnett has a buy call and a $36.20 price target on this ASX healthcare share. 

This suggests a potential 5% upside ahead.

The broker commented:

We expect the capital management program to support the shares and earnings. RMD has flagged more than US$1.85 billion will be returned to shareholders through share buybacks and dividends during FY27.

Its sleep business we expect will continue to grow ahead of market, and margins will return to expansion as productivity efficiencies and pricing take effect.

Further, RMD's forward price-earnings multiple (circa 18x consensus) is not demanding against our EPS growth estimate of 8% in FY27 (in US dollars).

ARB Corporation Ltd (ASX: ARB)

The ARB share price is $16.97, down 0.6% today and down 53% over 12 months. 

Ord Minnett has a buy rating and a $28 price target on this ASX 200 consumer discretionary share.

This implies a potential 65% upside ahead.

The broker said:

ARB-relevant vehicle sales declined 14.4% on the pcp in Sep-26. Key ARB Toyota vehicles were mixed — HiLux sales declined 11.7% and the LandCruiser declined 59.4%, while the LandCruiser Prado grew 6.4%.

The Ford Ranger, another key ARB model, grew 4.0% and was the highest-selling vehicle in the month.

ARB expects FY27 key vehicle sales to be broadly in line with FY26, with upside from improved Toyota supply.

With 1Q27 key model sales 16.3% below the pcp, this requires a recovery over the remainder of the year.

Toyota's August 2026 data showed further improvement in exports to Oceania, and we continue to forecast a return to earnings growth in FY27, assisted by improved supply, strong gross profit margins and continued offshore expansion.

The post 3 ASX 200 shares to buy and why: Ord Minnett appeared first on The Motley Fool Australia.

What did ARB Corporation report?

• FY26 sales revenue: $702.0 million, down 3.8% year on year
• Net profit after tax (NPAT): $92.4 million, down 5.2%
• Basic earnings per share: $1.11, down 5.9%
• Fully franked interim dividend: 34 cents paid in April 2026
• Fully franked final dividend: 35 cents to be paid in October 2026 (unchanged)
• Net cash holdings: $47.9 million; zero debt as at 30 June 2026

What else do investors need to know?

Despite a challenging year for new vehicle sales and macroeconomic headwinds, ARB managed to hold margins firm and maintain its dividend. The most significant sales decline came from Original Equipment Manufacturer (OEM) customers, down 27.2%, reflecting a lull between new vehicle model cycles and supply constraints for major platforms like the Ford Ranger and Toyota HiLux.

International performance was mixed, with export sales slightly up by 0.5% to $268.4 million. North America and Asia showed growth, partly offsetting declines in the UK and New Zealand. ARB successfully launched operations in China and started direct wholesale operations in Africa, highlighting its push into emerging markets.

What's next for ARB Corporation?

Looking ahead, ARB is betting on the ongoing recovery of new vehicle sales, particularly for Toyota and Ford platforms, to drive a return to growth. The company plans further investment in its retail network through the Preferred Partner Program and store expansions, as well as broadening its engineering and manufacturing capabilities.

Internationally, ARB aims to leverage new product launches, deeper partnerships with OEMs—especially in the US—and stronger distribution across emerging markets. With a strong cash position and no debt, management says ARB is well placed for long-term, sustainable growth as vehicle supply and consumer sentiment improve.

ARB Corporation share price snapshot

Over the past 12 months, ARB shares have declined 57%, trailing the S&P/ASX 200 Index (ASX: XJO), which has fallen 3% over the same period.

View Original Announcement

The post ARB posts profit and sales drop but holds dividend steady appeared first on The Motley Fool Australia.

Will the market be able to bounce back from this on Thursday? Here are five things to watch:

ASX 200 expected to fall

It looks set to be a subdued session for Australian investors following a poor night on Wall Street. According to the latest SPI futures, the ASX 200 is expected to open the day 18 points or 0.2% lower this morning. In the United States, the Dow Jones fell 0.1%, the S&P 500 dropped 1.1%, and the Nasdaq sank 1.9%.

Annual general meetings

A number of ASX 200 shares are holding their annual general meetings on Thursday and could provide trading updates. This includes 4×4 parts company ARB Corporation Ltd (ASX: ARB), mining giant South32 Ltd (ASX: S32), and wine leader Treasury Wine Estates Ltd (ASX: TWE).

Oil prices rise

ASX 200 energy shares Woodside Energy Group Ltd (ASX: WDS)and Santos Ltd (ASX: STO) could have a good session following a positive night for oil prices. According to Bloomberg, the WTI crude oil price is up 1.1% to US$95.15 a barrel and the Brent crude oil price is up 0.4% to US$106.09 a barrel. This follows news of the sinking of a container ship in the Strait of Hormuz.

Buy Megaport shares

Megaport Ltd (ASX: MP1) shares could have major upside potential according to Bell Potter. This morning, the broker has retained its buy rating on the cloud infrastructure provider's shares with a trimmed price target of $26.00. It said: "We continue to have a positive view on the stock due to valuation (FY28 EV/EBITDA of only 6x), strong forecast growth (which is fully funded), track record of execution, high visibility of earnings, AI exposure and differentiated business model (distributed inference)."

Gold price drops

It could be a tough session for ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) on Thursday after the gold price dropped overnight. According to CNBC, the gold futures price is down 1.35% to US$4,120.8 an ounce. A hotter than expected US inflation reading has sparked rate hike fears.

The post 5 things to watch on the ASX 200 on Thursday appeared first on The Motley Fool Australia.

After yesterday's strong start to the trading week, investors were far more sober this session, with the ASX 200 starting the day in negative territory and only recovering in the late afternoon. By the time trading wrapped up, the index had advanced a minuscule 0.008% to finish at 8,783.9 points.

This middling day for the ASX came after a mixed start to the American trading week on Wall Street this morning.

The Dow Jones Industrial Average Index (DJX: .DJI) managed to crawl upwards, gaining 0.38%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so lucky and dropped 0.44%.

Let's get back to the local markets now and take stock of what the various ASX sectors were doing this Tuesday.

Winners and losers

Despite the market's flat day, we had plenty of both winners and losers.

Leading the latter were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was slammed, tanking by 4.37%.

Mining shares weren't popular either, with the S&P/ASX 200 Materials Index (ASX: XMJ) plunging 2.03%.

Gold stocks were no safe haven either. The All Ordinaries Gold Index (ASX: XGD) ended up cratering by 1.26%.

Real estate investment trusts (REITs) were a little tamer, though, as you can see from the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.31% dive.

Healthcare shares were our final losers this Tuesday. The S&P/ASX 200 Healthcare Index (ASX: XHJ) saw its value corrected by 0.1%.

Let's turn to the winners now. Leading the gains were utilities stocks, with the S&P/ASX 200 Utilities Index (ASX: XUJ) roaring 1.8% higher.

Financial shares had a great day too. The S&P/ASX 200 Financials Index (ASX: XFJ) surged 1.39% this session.

Consumer staples stocks also ran hot, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 1.31% jump.

Energy shares were in demand as well. The S&P/ASX 200 Energy Index (ASX: XEJ) soared up 1.22% today.

Next, we had consumer discretionary stocks, with the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) enjoying a 0.91% bounce.

Industrial shares were sent higher, too. The S&P/ASX 200 Industrials Index (ASX: XNJ) finished the day 0.23% ahead of where it started.

Finally, communications stocks got over the line, evidenced by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.02% inch higher.

Top 10 ASX 200 shares countdown

Topping the index charts this Tuesday was energy generator and retailer AGL Energy Ltd (ASX: AGL). AGL shares had a strong session, shooting 4.09% higher to close at $8.90.

This sizeable move occurred despite there being no news or announcements from the company.

Here's how the other top stocks tied up at the dock:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

To receive a dividend, you must own the ASX share before its ex-dividend date.

We're helping you keep track of ex-dividend dates with an article every Friday.

Here are the ASX shares going ex-dividend next week.

ASX shares with ex-div dates next week

Verbrec Ltd (ASX: VBC)

This ASX industrials share will pay a 100% franked dividend of 0.002 cents per share on 20 October.

The ex-dividend date is Monday, 5 October.

Harvey Norman Holdings Ltd (ASX: HVN)

Harvey Norman shares will pay a fully-franked dividend of 13 cents per share on 12 November.

The ex-div date is Tuesday, 6 October.

Ridley Corporation Ltd (ASX: RIC)

This S&P/ASX 300 Index (ASX: XKO) consumer staples share will pay a 100% franked dividend of 5.3 cents per share on 22 October.

The ex-dividend date is Tuesday.

Reece Ltd (ASX: REH)

This ASX All Ords industrial share will pay a 100% franked dividend of 13.4 cents per share on 21 October.

The ex-div date is Tuesday.

MFF Capital Investments Ltd (ASX: MFF)

MFF Capital Investments will pay a 100% franked dividend of 11 cents per share on 29 October.

The ex-dividend date is Wednesday, 7 October.

WAM Capital Ltd (ASX: WAM)

WAM Capital shares will pay a 60% franked dividend of 7.75 cents per share on 21 October.

Wilson Asset Management shocked investors by forecasting a near-halving in the annual dividend for FY27.

WAM Capital shares vastly underperformed the market in FY26, falling 10.5% in value.

That compares to a 2.4% increase for the ASX All Ords index.

The ex-dividend date for the next payment is Thursday, 8 October.

ARB Corporation Ltd (ASX: ARB)

This S&P/ASX 200 Index (ASX: XJO) consumer discretionary share will pay a 100% franked dividend of 35 cents per share on 23 October.

The ex-div date is Thursday.

Clime Capital Ltd (ASX: CAM)

This ASX financial share will pay a 50% franked dividend of 1.4 cents per share on 23 October.

The ex-dividend date is Thursday.

Naos Emerging Opportunities Company Ltd (ASX: NCC)

This ASX listed investment company (LIC) will pay a fully-franked dividend of 2.1 cents per share on 30 October.

The ex-div date is Thursday.

EQT Holdings Ltd (ASX: EQT)

This ASX All Ords financial share will pay a 100% franked dividend of 20 cents per share on 23 October.

The ex-div date is Friday, 9 October.

The post 10 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.

Meanwhile, brokers have lifted their ratings on several ASX shares this week. 

Let's review. 

Northern Star Resources Ltd (ASX: NST)

The Northern Star Resources share price is $21.59, down 4.2% today.

Over the past month, this ASX 200 gold share has fallen 5%.

UBS upgraded Northern Star shares to a buy rating on Wednesday.

The broker raised its 12-month price target from $24.25 to $29.40.

This implies a potential 36% upside ahead.

HomeCo Daily Needs REIT (ASX: HDN)

The HomeCo Daily Needs REIT share price is $1.09, down 1.4% today.

Over the past month, this real estate investment trust (REIT) has fallen 16%.

UBS upgraded HomeCo Daily Needs REIT shares to a buy rating yesterday.

The broker has a 12-month price target of $1.30.

This implies a potential 19% upside ahead.

Whitehaven Coal Ltd (ASX: WHC)

The Whitehaven Coal share price is $8.70, down 1.6% today.

Over the past month, this ASX coal share has ascended 13%.

JP Morgan upgraded Whitehaven Coal shares to a buy rating this week.

The broker increased its 12-month price target from $8.20 to $9.30.

This indicates potential capital gains of 7% over the next year. 

Regis Resources Ltd (ASX: RRL)

The Regis Resources share price is $7.56, down 4.9% today.

Over the past month, the gold mining stock has lifted 1.6%.

UBS upgraded Regis Resources shares to a hold rating this week.

The broker raised its 12-month price target from $8 to $8.90.

This suggests a potential 17% upside ahead.

Bapcor Ltd (ASX: BAP)

The Bapcor share price is 81 cents, up 0.3% today.

Over the past month, this ASX consumer discretionary share has lost 92% of its market valuation.

Morgans upgraded Bapcor shares to a hold recommendation with an 88-cent target.

This implies a potential 10% upside ahead.

Ora Banda Mining Ltd (ASX: OBM)

The Ora Banda Mining share price is $1.52, down 5% today.

Over the past month, the ASX gold mining share has risen 11%.

UBS upgraded Ora Banda Mining shares to a buy rating this week.

The broker raised its 12-month price target from $1.80 to $1.95.

This indicates potential capital gains of 28% over the next year. 

ARB Corporation Ltd (ASX: ARB)

The ARB Corporation share price is $18.42, down 0.8% today.

Over the past month, this ASX retail share has fallen 9%.

Canaccord Genuity upgraded ARB shares to a buy rating this week.

The broker increased its 12-month price target from $21.80 to $25.40.

This suggests a potential 38% upside ahead.

Alkane Resources Ltd (ASX: ALK)

The Alkane Resources share price is $1.82, down 3.9% today.

Over the past month, Alkane Resources shares have risen 14%.

UBS upgraded the ASX gold and antimony miner to a buy rating this week.

The broker raised its 12-month price target from $2 to $2.35.

This suggests potential capital growth of 29% over the next year. 

National Australia Bank Ltd (ASX: NAB)

The NAB share price is $38.50, up 2% today.

Over the past month, NAB shares have fallen 7%.

Goldman Sachs upgraded the ASX 200 bank share to a hold rating yesterday.

The broker raised its price target from $38.75 to $39.75.

This suggests a potential 17% upside ahead.

The post 9 ASX shares just upgraded by the experts appeared first on The Motley Fool Australia.

After yesterday's rise kicked off the trading week on a positive note, investors built on that momentum today. The ASX 200 opened higher this morning and stayed in green territory all day, closing with a gain of 0.68%. That leaves the index at 9,164.6 points.

This terrific Tuesday for the local markets came after a mixed start to the American trading week on Wall Street overnight.

The Dow Jones Industrial Average Index (DJX: .DJI) was in an accommodating mood, rising 0.26%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) had a more Garfield-esque Monday, closing 0.76% lower.

Let's get back to the ASX now and take stock of how the different ASX sectors fared this session.

Winners and losers

Today's market rises were near-universal, with only two sectors missing out.

The first, and worst, of those sectors was energy stocks. The S&P/ASX 200 Energy Index (ASX: XEJ) gave up an early lead to finish down 0.78% today.

The other red sector was real estate investment trusts (REITs), with the S&P/ASX 200 A-REIT Index (ASX: XPJ) sinking 0.16%.

Let's get to the happier sectors now. Leading the charge were tech shares. The S&P/ASX 200 Information Technology Index (ASX: XIJ) had a blowout, rocketing up 2.25%.

Consumer staples stocks ran hot as well, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 2.11% surge.

Healthcare stocks were also popular. The S&P/ASX 200 Healthcare Index (ASX: XHJ) soared 1.4% higher this Tuesday.

Financial shares joined the party, with the S&P/ASX 200 Financials Index (ASX: XFJ) shooting up 0.94%.

Consumer discretionary stocks were also at the festivities. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) galloped up 0.91% today.

Next came utilities shares, as you can see by the S&P/ASX 200 Utilities Index (ASX: XUJ)'s 0.59% jump.

Industrial stocks were right behind that. The S&P/ASX 200 Industrials Index (ASX: XNJ) added 0.58% to its total this session.

Communications shares had a day to remember as well, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) advancing 0.4%.

Gold stocks didn't miss out. The All Ordinaries Gold Index (ASX: XGD) enjoyed a 0.34% lift today.

Finally, mining shares managed to find buyers, evidenced by the S&P/ASX 200 Materials Index (ASX: XMJ)'s 0.3% bump.

Top 10 ASX 200 shares countdown

Defence company Electro Optic Systems Holdings Ltd (ASX: EOS) was our top performer this Tuesday. Electro Optic shares exploded 23.02% higher today to close at $10.58 each.

This astonishing showing followed the company's latest earnings, which were obviously a delight for the market.

Here's how the other top stocks tied up at the dock:

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

What did ARB Corporation report?

• Sales revenue: $702.0 million, down 3.8% from FY25
• Net profit before tax: $123.0 million, down 8.9%
• Net profit after tax: $92.4 million, down 5.2%
• Basic earnings per share: $1.11, down 5.9%
• Final FY26 dividend announced: 35 cents per share, fully franked
• Net cash holdings: $47.9 million, with no debt

What else do investors need to know?

Despite a softer demand and lower new 4×4 vehicle sales—especially in Australia—ARB's second half performance showed improvement in profit margins and order book strength compared to the first half. The company also saw strong export sales growth in the United States (up 10.2%), with export sales overall rising slightly by 0.5% to represent 38.2% of total sales.

ARB invested more into engineering and product development, including ramping up new releases and opening a local presence in China and South Africa. The company's focus on its specialist store network continued, with new flagship sites and a new e-commerce platform supporting omni-channel sales.

What's next for ARB Corporation?

Looking ahead, ARB expects gradually improving supply for key vehicle models in Australia and internationally, which should support better sales to both retail and original equipment manufacturers in FY27. The company is increasing investment in engineering to deliver more new products, and will further expand its footprint in markets such as China, South Africa, and the United States.

Management highlighted a strong balance sheet with no debt, and says ARB will continue its focus on growing its Aftermarket presence, expanding export channels, and building long-term partnerships with OEM customers in Australia and abroad.

ARB Corporation share price snapshot

The ARB Corporation share price has been among the worst performers on the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of over 50%.

View Original Announcement

The post ARB Corporation shares: FY26 profit drops but growth investments strengthen outlook appeared first on The Motley Fool Australia.

Of course, there's a danger they could fall even further from here. But, even if they do, the two ASX shares I want to highlight look like they could materially climb over the next two or three years.

I'm bullish on the two stocks below and optimistic they can bounce back.

ARB Corporation Ltd (ASX: ARB)

The business claims to be Australia's largest manufacturer and distributor of 4WD accessories which are made to perform in harsh environments. It distributes its products to more than 100 countries.

A significant portion of the company's products are manufactured in Thailand, where costs are denominated in the Thai baht. The weaker Australian dollar hurt margins in the FY26 first half and this is part of what has sent the ARB share price down by more than 50% since August 2025.

I believe this decline could be a great time to invest. As Warren Buffett once said, be fearful when others are greedy and greedy when others are fearful.

The company believes there a number of elements that could help the company's long-term success. That includes the expansion of the Australian and New Zealand aftermarket, with new and upgraded retail stores and stockists, and the launch of the new e-commerce sites.

Next, the company highlighted developments in both distribution and product dedicated to the USA market.

ARB also noted increased distribution and manufacturing capacity to accommodate future growth. It also highlighted a pipeline of new product developments and releases.

According to the projection on Commsec, the ARB share price is valued at 17x FY26's estimated earnings and 15x FY27's estimated earnings.

Tuas Ltd (ASX: TUA)

Another ASX share that I think looks very undervalued in my opinion is the Singapore-based ASX telco share.

At the time of writing, it has writing more than 60% since mid-May. Ouch. It's close to its 52-week low.

The Infocomm Media Development Authority of Singapore (IMDA) said it had learned that Simba may have been using radio frequency bands it was not authorised to use. This led to the termination of the M1 acquisition, leaving Tuas with a lot more shares (and a large cash balance) compared to before the attempted acquisition.

I don't think this will stop the business operating in Singapore and it hopefully won't slow the company's growth in Singapore too much. The Tuas share price looks undervalued for how much regular profit it's generating, plus it can grow in other ways with that cash pile, such as expanding internationally.

In the FY26 first half, the company reported revenue growth of 26% and underlying operating (EBITDA) rose 27%. It grew revenue at a strong pace and the profit margin increased.

The business is making progress expanding its mobile and broadband user base, which is helping its top line and bottom line. It's already very profitable on a cash flow basis – HY26 operating cash flow was $50.1 million. This can be used to improve the business in the coming periods. 

Despite the setback, I think this ASX share can bounce back from near its 52-week lows.

The post 2 ASX shares near 52-week lows I'd buy today appeared first on The Motley Fool Australia.

Three top ASX shares that leading brokers have named as buys this week are outlined below. Let's see why they are bullish on them.

ARB Corporation Ltd (ASX: ARB)

According to a note out of Morgans, its analysts have upgraded this 4×4 accessories company's shares to a buy rating with a $22.35 price target. Morgans made the move in response to positive new vehicle sales during the month of June. This could be good news for ARB because it has a history of outperforming the market with its aftermarket sales. And while it has trimmed its earnings estimates slightly for FY 2026, it has boosted its medium-term forecasts. This partly reflects easing supply constraints for Toyota vehicles. Combined with significant share price weakness this year, Morgans thinks now could be a good time to invest. The ARB share price last traded at $18.03.

Mesoblast Ltd (ASX: MSB)

A note out of Bell Potter reveals that its analysts have put a buy rating and $4.45 price target on this biotechnology company's shares. This follows the release of a fourth-quarter update which revealed 20% quarter on quarter revenue growth. Bell Potter believes its full year performance represents an outstanding result considering its Ryoncil product was launched from a standing start in April 2025 and prior to broad reimbursement availability. The broker notes that commercial adoption has been exceptionally strong and has continued to grow as barriers to adoption have fallen away. Looking ahead, the broker expects Ryoncil's strong growth to continue. Bell Potter is also optimistic on Mesoblast's Rexlemestrocel-L product. The Mesoblast share price was fetching $2.35 at Monday's close.

Sigma Healthcare Ltd (ASX: SIG)

Analysts at Macquarie have retained their outperform rating and $3.50 price target on this pharmacy chain operator's shares. According to the note, the broker has been looking at the consumer sector and continues to rate Sigma Healthcare as a preferred pick. Macquarie is bullish on the company due to its attractive valuation and exposure to structural tailwinds that are supporting the pharmacy industry. The Sigma Healthcare share price last traded at $2.92. 

The post Leading brokers name 3 ASX shares to buy today appeared first on The Motley Fool Australia.

However, the ASX 200 staged a late comeback and only just managed to finish in the green, gaining 0.028% for the day and finishing at 8,808.5 points.

This shaky start to the trading week for the Australian markets came after a happy finish to the American trading week on Friday night (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) fared decently, rising 0.29%.

In a rare event, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) also gained 0.29%.

But let's return to this week and the local markets to see how the various ASX sectors performed this session.

Winners and losers

At the front of today's red sectors were tech stocks. The S&P/ASX 200 Information Technology Index (ASX: XIJ) was hit hard, plunging 2.48%.

Gold stocks were also hit hard, with the All Ordinaries Gold Index (ASX: XGD) cratering 1.89%.

Utilities shares were unpopular, too. The S&P/ASX 200 Utilities Index (ASX: XUJ) saw its value tank 1.63% today.

Consumer staples stocks were no safe haven either, as you can see by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.91% slump.

Mining shares didn't hold water. The S&P/ASX 200 Materials Index (ASX: XMJ) sank 0.65% this Monday.

Nor did healthcare stocks, with the S&P/ASX 200 Healthcare Index (ASX: XHJ) dropping 0.61%.

Industrial stocks were our final losers today. The S&P/ASX 200 Industrials Index (ASX: XNJ) slid 0.17% down.

Let's turn to the winners now. Leading the push higher were communications stocks, evidenced by the S&P/ASX 200 Communication Services Index (ASX: XTJ)'s 0.89% surge.

Consumer discretionary shares proved popular as well. The S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ) jumped 0.86% today.

We could say something similar for financial stocks, with the S&P/ASX 200 Financials Index (ASX: XFJ) advancing 0.67%.

Energy shares also ran relatively hot. The S&P/ASX 200 Energy Index (ASX: XEJ) put on an additional 0.66% this Monday.

Finally, real estate investment trusts (REITs) only just got over the line, illustrated by the S&P/ASX 200 A-REIT Index (ASX: XPJ)'s 0.04% inch higher.

Top 10 ASX 200 shares countdown

Biotech company Mesoblast Ltd (ASX: MSB) was the best share on the index. Mesoblast stock leapt 4.91% higher this Monday to close at $2.35. This was potentially a reaction to a bullish broker note, which we covered this morning.

Here's the rest of today's best: 

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

That leaves the index at 8,803.9 points.

This tough Tuesday for ASX investors comes despite a much bubblier night of trading over on Wall Street.

The Dow Jones Industrial Average Index (DJX: .DJI) remained in fine form, gaining 0.29%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) did even better, rising 1.12%.

Let's return to tour local markets now and take stock of how the various ASX sectors fared amid today's trading conditions.

Winners and losers

Despite the market's falls, there were a few sectors that put on weight this Tuesday.

But first, it was gold stocks that were first in the firing line. The All Ordinaries Gold Index (ASX: XGD) was smashed this session, crashing down 4.28%.

Broader mining shares were hit hard as well, with the S&P/ASX 200 Materials Index (ASX: XMJ) plunging 2.64%.

Real estate investment trusts (REITs) also had a day to forget. The S&P/ASX 200 A-REIT Index (ASX: XPJ) tanked 1.34% today.

Energy stocks were on the nose too, evidenced by the S&P/ASX 200 Energy Index (ASX: XEJ)'s 1.28% dive.

Utilities shares didn't escape the storm either. The S&P/ASX 200 Utilities Index (ASX: XUJ) cratered 0.55% this Tuesday.

Industrial stocks suffered a similar fate, with the S&P/ASX 200 Industrials Index (ASX: XNJ) dipping 0.45%.

Healthcare shares were unlucky too. The S&P/ASX 200 Healthcare Index (ASX: XHJ) sank 0.11% today.

Our last losers were consumer staples stocks, illustrated by the S&P/ASX 200 Consumer Staples Index (ASX: XSJ)'s 0.03% slip.

Turning to the winners now, it was tech shares that were the stars of today's show. The S&P/ASX 200 Information Technology Index (ASX: XIJ) soared up 2.01% this session.

Communications stocks also ran hot, with the S&P/ASX 200 Communication Services Index (ASX: XTJ) surging 1.58%.

Financial shares got a reprieve as well. The S&P/ASX 200 Financials Index (ASX: XFJ) jumped 1.25%.

Finally, consumer discretionary stocks had a nice Tuesday, as you can see from the S&P/ASX 200 Consumer Discretionary Index (ASX: XDJ)'s 0.69% rise.

Top 10 ASX 200 shares countdown

Today's top index stock was financial share Netwealth Group Ltd (ASX: NWL). Netwealth stock flew 6.73% higher this session to close at $24.43 a share. 

This came after the company revealed its outlook for FY26, as well as some other developments.

Here's how the other winning stocks landed their planes: 

Our top 10 shares countdown is a recurring end-of-day summary that shows which companies made big moves on the day. Check in at Fool.com.au after the weekday market closes to see which stocks make the countdown.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

It was a happy hump day for the S&P/ASX 200 Index (ASX: XJO) and many ASX shares this Wednesday, as investors continue to bask in worldwide market optimism.

After yesterday's close call and slight rise, investors were more decisive today, sending the ASX 200 up a confident 0.54%. That leaves the index at 8,966.3 points, its highest level in two months.

This optimistic midweek session for Australian shares follows a mixed night on the American boards.

The Dow Jones Industrial Average Index (DJX: .DJI) was on fire, gaining 0.64% after hitting a new record high.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) wasn't so lucky, though, and fell 1.15%.

But let's return to the local markets now and examine what was going on amongst the various ASX sectors today.

The post Here are the top 10 ASX 200 shares today appeared first on The Motley Fool Australia.

It's up to investors to watch individual stocks and decide when it has fallen too far. 

Investors can also mitigate some risk by targeting established and blue-chip companies rather than speculative small-caps.

Right now, there are three ASX 300 shares that may have slipped into the undervalued range after a poor 2026. 

Here's what experts are saying. 

Flight Centre Travel Group (ASX: FLT)

Like many ASX travel shares, Flight Centre has suffered from rising interest rates, geopolitical conflict and inflation. 

These headwinds have all weighed heavily on the sector, and investor sentiment. 

As a result, Flight Centre shares are down 36% year to date. 

It's important to point out these headwinds could persist in the short term. 

However looking long-term, after another 3% drop yesterday, these ASX 300 shares could now be oversold. 

The team at Morgan Stanley believe this ASX 300 stock looks cheap. 

It recently reaffirmed its buy rating on Flight Centre shares with a $16 target.

This suggests a rebound of over 60% from current levels. 

Brambles Ltd (ASX: BXB)

Brambled is the world's largest supplier of reusable wooden pallets and crates used for storing and transporting goods.

This ASX 300 stock tumbled 6% yesterday to take its year to date losses to 28%. 

Almost all of this has come since 18 May when the company downgraded its sales revenue growth forecast to 2% to 3%, down from 3% to 4%, and downgraded its underlying profit growth forecast to 3% to 5%, down from 8% to 11%.

However, it could now be firmly in the value range. 

Citi renewed its buy rating on Brambles shares with a $27.55 price target on Monday.

This indicates a recovery of 68% over the next 12 months. 

ARB Corporation Ltd (ASX: ARB)

ARB is Australia's largest designer, manufacturer, and distributor of four-wheel-drive and light commercial vehicle accessories.

Its share price dropped a further 3% yesterday. 

In 2026, this ASX 300 stock is now down roughly 47%. 

Similar to travel shares, consumer discretionary companies like ARB have fallen victim to cost of living pressures. 

Luxury/non-essential items like car and truck accessories have likely been pushed to the backburner for many everyday Aussies this year, which has negatively impacted ARB. 

However, looking long-term, brokers are confident this ASX 300 stock can rebound. 

Ord Minnett recently maintained a buy rating with a $31.00 target price. 

This indicates an upside potential of 82% in the next 12 months. 

The post Brokers say these ASX 300 shares are too cheap to ignore appeared first on The Motley Fool Australia.

Analysts can be wrong, price targets can change, and even high-quality companies can disappoint.

But I still think broker views can be useful when they highlight businesses where the market may be focusing too heavily on short-term uncertainty and not enough on long-term value.

Three ASX 200 shares currently attracting buy ratings are named in this article.

Pinnacle Investment Management Group Ltd (ASX: PNI)

Pinnacle Investment Management is one ASX share that Morgans remains positive on.

The investment house recently reviewed Pinnacle's third-quarter update and kept its buy rating on the stock. It also lifted its target price to $24.70 from $23.21.

The key point from Morgans was that Pinnacle's flows were stronger than expected during the quarter, despite a volatile market environment. I think that is important.

Fund managers can be very sensitive to market conditions. When sentiment weakens, investors may pull money out, delay allocations, or shift into more defensive options. So, when a funds management business is still attracting flows in a difficult backdrop, it can say something useful about the strength of its affiliates, investment performance, and client relationships.

Morgans also noted Pinnacle's additional 6.8% investment in Metrics, describing it as a further vote of confidence in the business.

This is the part I like about Pinnacle. It is not a traditional single-manager funds business. It backs a range of specialist investment managers, which gives it exposure to multiple strategies and growth opportunities.

That does not remove risk. Markets still matter, performance fees can move around, and investor flows can be cyclical. But if Pinnacle keeps supporting quality affiliates and growing funds under management over time, I think it remains an attractive long-term financial stock.

Flight Centre Travel Group Ltd (ASX: FLT)

Flight Centre is a much more contrarian idea. Morgans has a buy rating and a $14.55 target price on the travel company, even though it has concerns about near-term trading.

The broker noted that Flight Centre surprisingly maintained its FY26 earnings guidance, despite the Middle East conflict creating uncertainty and temporarily disrupting international travel patterns. It also pointed out that the impact has been more significant in leisure travel, with April profit down around $10 million on the prior corresponding period.

That clearly shows there is risk here. Travel shares can be vulnerable to geopolitical shocks, consumer weakness, fuel prices, airline capacity, and currency movements.

But I can see why Morgans is still looking through the current disruption.

Its view is that Flight Centre would have had a great year without the conflict, given its results for the first nine months were strong. Morgans also believes the company is worth materially more than the current share price after the earnings downgrade. That is the opportunity.

Travel demand has shown many times that it can rebound after downturns. If the current disruption proves temporary, Flight Centre could eventually benefit from normalising conditions, corporate travel recovery, and pent-up demand from consumers who still want to travel.

It is not a low-risk buy, but I think it is an interesting recovery stock for investors willing to be patient.

ARB Corporation Ltd (ASX: ARB)

ARB Corporation is another ASX share with broker support, with Ord Minnett maintaining a buy rating with a $31.00 target price.

The company is best known for its four-wheel drive accessories, including bull bars, suspension, canopies, recovery equipment, and camping-related products.

Ord Minnett acknowledged near-term headwinds. New vehicle sales have been affected by inconsistent manufacturer supply, and elevated fuel prices may weigh on demand for ARB's Australian aftermarket operations.

But the longer-term outlook appears more appealing.

The broker highlighted robust demand for ARB's products, a healthy order book, and new vehicles and products being released globally. It also expects earnings growth to be supported by new and refurbished stores, offshore expansion, and strategic partnerships with original equipment manufacturers.

I think that is the right way to view ARB.

Short-term demand can move with the economy, fuel prices, and vehicle sales. But ARB has built a strong brand in a niche where quality and trust matter. For many customers, four-wheel drive accessories are not just about looks. They are about safety, capability, and reliability.

That gives ARB a durable position if it keeps executing well.

Foolish takeaway

These three broker-backed ASX 200 shares offer very different investment cases.

Pinnacle is a funds management growth story. Flight Centre is a recovery opportunity. ARB is a quality brand with offshore expansion potential.

None is risk-free, and broker ratings are only one input. But I think all three have enough long-term appeal to be worth a closer look for investors searching for opportunities in the current market.

The post 3 ASX 200 shares that brokers are recommending as buys in May appeared first on The Motley Fool Australia.

To narrow things down, let's see what analysts at Ord Minnett are saying about the three popular options named below.

Here's what you need to know:

ARB Corporation Ltd (ASX: ARB)

Ord Minnett remains positive on this 4×4 auto parts manufacturer despite weak new vehicle sales.

It has a buy rating and $31.00 price target on its shares. The broker is focusing more on the longer-term outlook, which it believes is positive. It said:

New vehicle sales have been impacted by inconsistent supply from manufacturers throughout the March quarter. Elevated fuel prices in March may adversely impact demand for ARB's Australian aftermarket operations. Longer term, the outlook for ARB is positive, with robust demand for its products, a healthy order book, and new vehicles and products being released globally. Earnings growth should be driven by new and refurbished stores, offshore expansion, and strategic partnerships with original equipment manufacturers (OEM). We maintain a Buy rating on ARB.

Aurizon Holdings Ltd (ASX: AZJ)

The broker is less positive on this rail freight operator. It has put a hold rating and $3.50 price target on its shares.

While the broker likes the company, it feels that its shares are fully valued now. Ord Minnett said:

Post the result, we raised our EPS estimates by 2.7%, 3.5% and 0.9% for FY26, FY27 and FY28, respectively. These earnings upgrades led us to increase our target price on Aurizon to $3.50 from $3.10, although we maintained our Hold recommendation on valuation grounds.

Goodman Group (ASX: GMG)

Another ASX share that Ord Minnett has been looking at is Goodman Group.

In response to a major data centre deal with DataBank in the US, the broker retained its hold rating and $29.15 price target on Goodman's shares. It said:

The deal is a win for Goodman, allowing to realise circa $235 million of development earnings before interest tax (EBIT) in the second half of FY26, and introduces DataBank's valuable intellectual property into its data-centre business.

We note Goodman and DataBank are looking at developments in other capacity-constrained (typically because of power supply issues or planning restrictions) markets in the US, with the model based on combining the Australian company's development pipeline and American group's operational capability and customer base. Ord Minnett made no changes to its earnings estimates post the deal, but highlights that Goodman will have to make more of these type of deals to meet market expectations for FY26 earnings. We maintain our target price of $29.15 and a Hold recommendation on Goodman.

The post Buy, hold, sell: ARB, Aurizon, and Goodman shares appeared first on The Motley Fool Australia.

The US and Iran launched missile strikes against each other in the Strait of Hormuz overnight as the US tried to restore shipping.

Meanwhile, the Reserve Bank of Australia (RBA) raised interest rates for a third consecutive time to 4.35% today due to rising inflation.

In a statement, the RBA said:

Inflation picked up materially in the second half of 2025, and information since the beginning of this year confirms that some of this increase reflected greater capacity pressures.

In addition, the conflict in the Middle East has resulted in sharply higher fuel and related commodity prices, which are already adding to inflation.

There are early signs that many firms experiencing cost pressures are looking to increase prices of their goods and services.

The Brent crude oil price hit a four-year high earlier today as the market becomes increasingly pessimistic that the war will end soon.

Economists are warning that oil shocks have a long-tail economic impact, and the RBA appears acutely aware of the upside risk to CPI.

Today, four of the 11 market sectors finished in the red, with energy in the lead, up 0.89%, while financials lagged, down 0.5%.

Scores of ASX 200 shares hit fresh 52-week lows today.

They included former market darling CSL Ltd (ASX: CSL) and retail stalwart Wesfarmers Ltd (ASX: WES) shares.

Let's take a look.

CSL Ltd (ASX: CSL)

The CSL share price hit a 9-year low of $122.48 today.

The ASX 200 healthcare giant has lost half its value over the past 12 months.

Company issues have compounded the impact of a broader ASX 200 healthcare sector rout due to many global headwinds.

Wesfarmers Ltd (ASX: WES)

The Wesfarmers share price reached a 52-week low of $71.31 today.

The market's largest ASX 200 consumer discretionary share is down 9% over 12 months.

Consumer sentiment is crumbling in Australia today.

Last month, the consumer sentiment index recorded its biggest fall since the beginning of the pandemic five years ago.

Amcor Ltd (ASX: AMC)

The Amcor share price hit a 12-year low of $51.42 today, and is down 28% over 12 months.

Endeavour Group Ltd (ASX: EDV)

The Endeavour share price fell to a record low of $3.13 today, and is down 22% over 12 months.

Harvey Norman Holdings Ltd (ASX: HVN)

The Harvey Norman share price hit a 52-week low of $4.39 today.

Stock in the ASX 200 furniture retailer has tumbled 15% over 12 months.

Ansell Ltd (ASX: ANN)

The Ansell share price dropped to a 2-year low of $25.35 today, and is down 18% over 12 months.

Super Retail Group Ltd (ASX: SUL)

The Super Retail share price hit a 3-year low of $11.47 on Tuesday, and is down 12% over 12 months.

Austal Ltd (ASX: ASB)

Austal shares fell to a 52-week low of $4.01 today.

The ASX 200 industrial share has fallen 21% over 12 months.

ARB Corporation Ltd (ASX: ARB)

The ARB Corporation share price hit a 52-week low of $17.89 today, and is down 43% over 12 months.

Nick Scali Ltd (ASX: NCK)

The Nick Scali share price hit a 52-week low of $14.03, and has cooled 18% over 12 months.

Temple & Webster Group Ltd (ASX: TPW)

The Temple & Webster share price hit a 2-and-a-half-year low of $5.29 today.

This ASX 200 retail share has lost 69% of its market capitalisation in 12 months.

Inghams Group Ltd (ASX: ING)

The Inghams share price descended to a 52-week low of $1.71 today.

The ASX 200 consumer staples share has fallen 51% over 12 months.

Centuria Office REIT (ASX: COF)

Centuria shares dipped to a 52-week low of 92 cents today.

The ASX 200 real estate investment trust (REIT) has decreased 26% over 12 months.

Accent Group Ltd (ASX: AX1)

Accent shares hit a 13-year low of 51 cents, and are down 72% over 12 months.

Adairs Ltd (ASX: ADH)

The Adairs share price hit a 52-week low of $1.25, and is down 51% over 12 months.

The post CSL and Wesfarmers among scores of ASX shares hitting fresh 52-week lows appeared first on The Motley Fool Australia.

While the ASX tech share suffering has gotten the most investor attention over the last several months because of AI worries, there are also non-tech opportunities that analysts have picked out as ideas.

Let's get into why these stocks could be compelling buys.

ALS Ltd (ASX: ALQ)

Broker UBS describes ALS as a leading analytical and testing services business with operations across mining, natural resources, environmental, food, pharmaceutical, industrial and inspection sectors. Other services include sampling and remote monitoring.

UBS has a buy rating on the business, with a price target of $26. That implies a possible rise of around 30% over the next year from where it is at the time of writing.

The broker noted that there are signs of an early-stage recovery in the (resources) exploration cycle. Geochemistry demand "continues to skew" to major miners, despite the increase in junior and intermediate miner capital raising activity, suggesting that it's still "early stages in the exploration cycle".

UBS also said that ALS appears to be recovering previous geochemistry price discounts as demand increases.

The broker noted that initial FY26 underlying net profit after tax (NPAT) guidance implies 20% year-over-year growth. UBS thinks the ASX growth share's guidance implies a relatively conservative view on the margins, with the group operating margin (EBIT) set to increase by 80 basis points (0.80%) in FY26.

UBS concluded:

We maintain our buy rating on ALS with the stock trading at a 1yr fwd EV/EBITDA of 14x, in line with where the stock has traded at during previous exploration upcycles, albeit the current gold price is c.2.5x higher. Our Buy thesis is underpinned by the view that the record gold price should drive a recovery in exploration activity, supporting c.10% pa EPS CAGR for ALS over the next three years.

The ASX growth share is valued at 28x FY26's estimated earnings, according to UBS' estimates.

ARB Corporation Ltd (ASX: ARB)

UBS is also optimistic about is ARB, which the broker describes as an Australian manufacturer and retailer of 4×4 and automotive aftermarket accessories globally, servicing the retail aftermarket, wholesale distribution in offshore markets and direct to original equipment manufacturers (OEMs).

UBS currently has a buy rating on ARB with a price target of $25.50. This implies a possible rise of close to 20% over the next year.

The broker noted that the ASX growth share has faced some headwinds in the operating environment, but called it a high-quality business and believes that the brand is not broken.  

UBS said that it's excited about the expansion opportunity in the US and noted that the ASX growth share has become significantly cheaper – it's down more than 40% in the last six months.

The broker pointed out that it's trading at a much cheaper price/earnings (P/E) ratio than it has done historically. Its three-year average of its forward earnings multiple has been 26.3x, according to UBS. It's currently trading at 20x FY26's estimated earnings and 18x FY27's estimated earnings.

UBS suggests that the company's EPS could grow at a compound annual growth rate (CAGR) of 11% over the next three years, including a steady increase of the profit before tax (PBT) margin to FY29 following the US tariff hit.

The post Experts rate these 2 ASX growth shares as buys this month! appeared first on The Motley Fool Australia.

In order to receive a dividend, you must own the ASX share before its ex-dividend date.

Here at The Fool, our analysts do not recommend buying ASX shares simply just to get the next dividend payment.

Our market experts say the decision to buy should be more thoughtful than that, and based on fundamental analysis.

But if you already intend to buy any of these ASX shares, you might like to consider the best timing for you.

For example, you could buy before the ex-dividend date and receive entitlement to the next dividend payment.

Or you might prefer to wait until the ex-dividend date itself, when the share price usually falls, to snap up your stock.

Here are some ex-dividend dates next week

The post 20 ASX shares with ex-dividend dates next week appeared first on The Motley Fool Australia.