Among the 11 market sectors, consumer discretionary shares are in the lead, up 0.3%, while utilities are the laggard, down 1.9%.

Let's find out how the experts rate three stocks across three different sectors today.

Argo Investments Ltd (ASX: ARG)

The Argo Investments share price is $8.80, down 0.1% today and 3% over the past six months.

Jed Richards from Shaw and Partners has a buy rating on this listed investment company (LIC).

He explained why on The Bull this week:

This listed investment company is trading at a material discount to its underlying asset value, offering an attractive entry point.

It provides broad diversity across leading Australian companies and pays a reliable fully franked dividend yield, which was recently above 4.4 per cent.

Recent results highlight steady income growth and a strong balance sheet. Its conservative style suits investors seeking income and stability.

Buying at a discount enhances long term return potential, while maintaining exposure to high quality Australian equities.

Amcor CDI (ASX: AMC)

The Amcor share price is $54.50, down 0.8% today and 17% over the past six months.

Richards gives Amcor shares a hold rating.

He said: 

This packaging giant continues to face pressure from elevated input costs, particularly linked to higher oil and plastic prices, which have impacted margins. Despite this, the company maintains strong global operations and continues to generate stable cash flow.

A weaker share price provides an attractive dividend yield for income investors.

Recent updates indicate increased costs have been passed through to customers.

Holding is appropriate given its defensive packaging exposure, but upside will likely depend on managing input costs.

Bapcor Ltd (ASX: BAP)

The Bapcor share price is 39 cents, up 1.3% today but down a demoralising 77% over six months.

Mark Elzayed from Investor Pulse has a sell rating on this consumer discretionary share.

Elzayed said: 

Bapcor is an aftermarket automotive parts provider in Australia and New Zealand. It operates the Autobarn, Burson and Autopro brands.

It reported improving sales from turnaround activities between February and April 2026. However, trading conditions had materially deteriorated since late March 2026 in response to the Middle East conflict and an increase in interest rates.

It has reduced fiscal year 2026 earnings guidance on what it provided on February 26, 2026. The company also flagged higher operating costs.

The share price remains under pressure. The stock has fallen from $5.22 on July 14, 2025 to trade at 38 cents on May 21, 2026.

Better options exist elsewhere, in our view.

The post Buy, hold, sell: Argo Investments, Amcor, Bapcor shares appeared first on The Motley Fool Australia.

After all, if you own shares that are likely to fall in value, your portfolio returns will be dragged down along with them.

So, with that in mind, let's look at three ASX shares that analysts have named as sells this week, courtesy of The Bull. Here's what they are bearish on:

Bapcor Ltd (ASX: BAP)

This struggling auto parts retailer has been named as a sell by Investor Pulse.

Given the tough trading conditions that Bapcor is facing, it thinks investors should be focusing on other opportunities. It said:

Bapcor is an aftermarket automotive parts provider in Australia and New Zealand. It operates the Autobarn, Burson and Autopro brands. It reported improving sales from turnaround activities between February and April 2026. However, trading conditions had materially deteriorated since late March 2026 in response to the Middle East conflict and an increase in interest rates. It has reduced fiscal year 2026 earnings guidance on what it provided on February 26, 2026. The company also flagged higher operating costs. The share price remains under pressure. The stock has fallen from $5.22 on July 14, 2025 to trade at 38 cents on May 21, 2026. Better options exist elsewhere, in our view.

 Telstra Group Ltd (ASX: TLS)

Shaw and Partners is bearish on Telstra shares and has named them as a sell this week.

The broker believes its shares are expensive at current levels, especially given its limited growth potential and narrowing dividend yield. It explains:

Telstra is currently trading at elevated levels, in our view, with its defensive appeal pushing the share price higher. However, underlying growth remains limited, and the dividend yield is becoming less attractive as the share price rises. Recent updates show steady but low growth across its core business segments, according to our analysis. Valuations are now stretched and the risk-reward balance is less compelling. The shares have risen from $3.89 on February 10, 2025 to trade at $5.45 on May 21, 2026. We would be inclined to take a profit at these levels.

Woodside Energy Group Ltd (ASX: WDS)

Another ASX share that Shaw and Partners is bearish on this week is energy giant Woodside.

After strong gains were recorded by Woodside shares, the broker thinks investors should be locking in profits and moving onto other opportunities. It said:

Woodside has benefited from elevated oil and gas prices driven by geopolitical tensions in the Middle East. However, in our view, the share price strength appears largely macro driven rather than based on underlying company improvements. Given Middle East tensions are expected to ease over time, energy prices could soften and reduce earnings support. The stock now appears fully valued. In response to share price gains, it makes sense to lock in profits and re-allocate the proceeds to opportunities with stronger growth outlooks.

The post Analysts name 3 ASX shares to sell now appeared first on The Motley Fool Australia.

The question is, does the share price weakness now represent good value buying, or is it still time to stay on the sidelines?

I've canvassed the opinions of three major brokers and will shortly reveal their share price target for the company.

Conflict derails momentum

First, let's have a look at Bapcor's recent trading update.

The auto parts and accessories retailer said in its update released last week that it had "positive momentum from turnaround activities implemented since the release of the 1H26 results''.

But it also warned that trading in its second half had been negatively impacted by the war in the Middle East.

The company said:

Bapcor has delivered improved sales momentum, with sales growth in February 2026 to April 2026 across all business segments versus the prior comparative period (pcp). This is a turnaround from the declines evident across all business segments in the period from July 2025 to January 2026 versus the pcp.     

But while the February to April period was positive, "trading conditions have materially deteriorated since late March 2026 with the commencement of the Middle East conflict and the increase in interest rates''.

The company therefore reduced its FY26 earnings guidance to $62 to $68 million, down from $74 to $79 million.

Bapcor Managing Director Chris Wilesmith said:

We are pleased with the positive momentum of the turnaround, which has been delivered through decisive actions we've taken to improve pricing, stock availability and team engagement. This is despite the challenging external environment which was not contemplated when we began this turnaround, and which has slowed the rate of improvement contemplated in our previous guidance. We will continue driving initiatives during the important trading months of May and June.

The company said net debt at the end of April was about $168 million, and the current trading conditions could give rise to a non-cash impairment at the end of the financial year.

Analysts still wary

Following the update, brokers have revised their price targets for Bapcor shares, which are currently changing hands for 36.75 cents.

Macquarie reduced its price target for the company from 61 cents to 44 cents.

They said:

Management remains focused on executing strategic initiatives to improve operating and financial performance. Given the softer trading conditions from the Middle East conflict and higher rates, some initiatives will take longer to execute on and hence see the benefits. Maintain Neutral.

Morgans, in a note titled "A long road back", said it was "Another disappointing, but largely unsurprising update from BAP''.

Morgans has a price target of 41 cents per share on the company.

Morgan Stanley, meanwhile, has a very bearish price target of 25 cents on the shares.

Morgan Stanley said:

We see BAP's Autobarn as sub-scale vs Supercheap Auto (SCA) and Repco, with less scope for command and control with a franchise network. We also see the range as less DIY and more discretionary vs SCA and especially vs Repco, a concern with a softening consumer.

Bapcor is valued at $248.9 million.

The post Down more than 90% over a year, is it time to buy Bapcor shares? appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Alkane Resources Ltd (ASX: ALK)

The Alkane Resources share price is down 4% to $1.51. Investors have been selling this gold miner's shares following the release of its third-quarter result. Alkane delivered record revenue of $274.4 million for the three months ended 31 March 2026. Net profit increased to a record $93 million, which is up materially on the $8.1 million it reported in the prior corresponding period. The company's managing director, Nic Earner, said: "Alkane has just delivered the strongest quarter in its history. During a period of high gold and antimony prices, the power of our three mine portfolio delivered exceptional operating results as they produced a record 44,669 ounces of gold and 377 tonnes of antimony, which generated record profit after taxes of $93 million." This has been overshadowed by broad weakness in the gold industry today.

Bapcor Ltd (ASX: BAP)

The Bapcor share price is down a further 5.5% to 39.7 cents. This auto parts retailer's shares have been sold off this week following the release of another disappointing update. Bapcor revealed that its performance in the second half of FY 2026 has been negatively impacted by the Middle East conflict. This means that it now expects underlying EBITDA in the range of $144 million to $150 million, which is down from its previous guidance of $150 million to $160 million. Bapcor's CEO, Chris Wilesmith, commented: "We are pleased with the positive momentum of the turnaround, which has been delivered through decisive actions we've taken to improve pricing, stock availability and team engagement. This is despite the challenging external environment which was not contemplated when we began this turnaround, and which has slowed the rate of improvement contemplated in our previous guidance."

PLS Group Ltd (ASX: PLS)

The PLS share price is down 6.5% to $5.97. This is despite there being no news out of the lithium miner on Friday. However, it is worth noting that lithium stocks on Wall Street tumbled overnight. This appears to have led to ASX lithium stocks following suit today. Despite this decline, PLS shares are still up around 270% since this time last year.

Resolute Mining Ltd (ASX: RSG)

The Resolute Mining share price is down almost 7% to $1.30. Investors have been selling this gold miner's shares after it was forced to retract an announcement from earlier this week relating to a scoping study. It said: "Following consultation with ASX, the Company has been advised that it did not have a reasonable basis for those forward-looking statements due to the reliance on inferred resources in the production targets, resulting in the published production targets and forecast financial information being inconsistent with the requirements of the ASX Listing Rule 5.16 6."

The post Why Alkane Resources, Bapcor, PLS, and Resolute Mining shares are sinking today appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are sinking:

Bapcor Ltd (ASX: BAP)

The Bapcor share price is down 19% to 41.7 cents. Investors have been selling this auto parts retailer's shares following the release of another disappointing update. Bapcor advised that its performance in the second half of FY 2026 has been negatively impacted by the Middle East conflict. As a result, it now expects underlying EBITDA in the range of $144 million to $150 million. This is down from its previous guidance of $150 million to $160 million. Bapcor's CEO and managing director, Chris Wilesmith, said: "We are pleased with the positive momentum of the turnaround, which has been delivered through decisive actions we've taken to improve pricing, stock availability and team engagement. This is despite the challenging external environment which was not contemplated when we began this turnaround, and which has slowed the rate of improvement contemplated in our previous guidance."

Coles Group Ltd (ASX: COL)

The Coles share price is down 3% to $20.52. This morning, the supermarket giant provided an update on proceedings brought against Coles by the Australian Competition and Consumer Commission. This was in relation to 245 products on the company's Down Down promotional program between February 2022 and May 2023. While price increases resulting from supplier cost price increases were commercially justifiable, the Federal Court found that Coles misled consumers with its Down Down tickets. It said: "The Court found that, after a cost price increase, a minimum price establishment period of 12 weeks was required before promoting products on its Down Down program. As a result, the Court found the Down Down tickets were misleading."

Graincorp Ltd (ASX: GNC)

The Graincorp share price is down 14% to $5.34. This has been driven by the agribusiness and processing company's first-half results. For the six months ended 31 March, GrainCorp reported underlying EBITDA of $136 million. This was down 33% from $202 million in the prior corresponding period. GrainCorp's managing director and CEO, Robert Spurway, said: "GrainCorp's 1H26 result reflects a disciplined performance in a challenging global grain market. Oversupply of grain and associated low pricing have compressed margins across the supply chain and reduced grower selling activity, limiting available volumes and increasing competition for grain brought to market."

Xero Ltd (ASX: XRO)

The Xero share price is down 7% to $75.22. This follows the release of the cloud accounting platform provider's FY 2026 results. Although Xero outperformed on most metrics, its profits were a miss due to higher R&D capitalisation. Outside this, it was another impressive period for Xero, driven partly by a strong performance in the key US market. Xero reported a 31% increase in operating revenue to $2.75 billion, an 18% lift in adjusted EBITDA to $757.4 million, and a 37% jump in annualised monthly recurring revenue (AMRR) to $3.27 billion.

The post Why Bapcor, Coles, Graincorp, and Xero shares are tumbling today appeared first on The Motley Fool Australia.

Shares in the embattled S&P/ASX 300 Index (ASX: XKO) auto parts company closed yesterday trading for 51.5 cents. In earlier trade, shares just plunged to 40.5 cents each, down 21.4%. At time of writing, shares have recovered a touch, changing hands for 42.0 cents each, down 18.5%.

For some context, the ASX 300 is down 0.1% at this same time.

Unfortunately for longer-term shareholders, today's sharp sell-off isn't unique for the stock. Indeed, the Bapcor share price is now down a steep 92.2% since this time last year.

Here's what's got investors reaching for their sell button today.

Why is the Bapcor share price in free fall?

The ASX 300 auto parts company is taking a hit after releasing a trading update.

The company reported achieving positive sales momentum between February and April from the turnaround activities intended to restore growth.

However, the Bapcor share price is under heavy pressure, with management noting that the company's trading performance for the second half of FY 2026 has been negatively impacted by the Middle East conflict.

Bapcor noted that trading conditions have "materially deteriorated" since late March. The headwinds have been fuelled by the Iran war as well as increasing interest rates.

Higher Aussie interest rates have led to a strong Australian dollar relative to the New Zealand dollar, which the company noted is negatively impacting the earnings of its New Zealand business segment.

As such, the ASX 300 stock downgraded its full year FY 2026 earnings guidance from what it provided on 26 February, two days prior to the outbreak of the Iran war.

Bapcor now expects to deliver FY 2026 underlying earnings before interest, taxes, depreciation and amortisation (EBITDA) of $144 million to $150 million (post AASB16). That's down from prior guidance of $150 million to $160 million.

Pre AASB16 (which accounts for leases), Bapcor now expects full year underlying EBITDA of $62 million to $68 million, down from previous guidance of $74 million to $79 million.

What did management say?

Commenting on the trading update that's crushing the Bapcor share price today, CEO and managing director Chris Wilesmith said:

We are pleased with the positive momentum of the turnaround, which has been delivered through decisive actions we've taken to improve pricing, stock availability and team engagement.

This is despite the challenging external environment which was not contemplated when we began this turnaround, and which has slowed the rate of improvement contemplated in our previous guidance. We will continue driving initiatives during the important trading months of May and June.

The post Why on earth is the Bapcor share price crashing 21% on Thursday? appeared first on The Motley Fool Australia.

Well, if you are, let's see what analysts are saying about the popular shares in this article, courtesy of The Bull.

Are they buys, holds, or sells? Let's find out:

Bapcor Ltd (ASX: BAP)

The team Medallion Financial Group isn't a buyer of this auto parts retailer's shares despite an 80%+ decline over the past 12 months.

It highlights that the Autobarn and Burson owner's earnings momentum has deteriorated and its competitive position has weakened. As a result, it doesn't believe an earnings recovery will be swift and has named Bapcor shares as a sell. It said:

Bapcor is an aftermarket automotive parts provider. It operates the Autobarn, Burson and Autopro brands. Earnings momentum has deteriorated. While the automotive aftermarket is generally defensive, Bapcor's competitive position appears to have weakened and an earnings recovery may take time. The shares have fallen from $5.22 on July 14, 2025 to trade at 62.5 cents on March 19, 2026. Investors may be better served redeploying capital into stronger businesses with clearer growth momentum.

Challenger Ltd (ASX: CGF)

The team at DP Wealth Advisory thinks this annuities company's shares are a hold at current levels.

Commenting on its recommendation, it said:

Challenger is an annuity provider, operating in an appealing space given the Federal Government's focus on meeting the challenges of an ageing population. CGF posted record annuity sales of $3.8 billion in the first half of fiscal 2026, up 32 per cent on the prior corresponding period. Normalised net profit after tax of $229 million was up 2 per cent. Japanese life insurer TAL Dai-ichi holds a 19.9 per cent interest in CGF, which is positive for CGF. But the interest rate sensitive nature of the TAL business leaves me with a hold on CGF.

DroneShield Ltd (ASX: DRO)

Over at Alto Capital, it has named this strong-performing counter-drone technology company's shares as a sell this week.

Although positive the long-term outlook for counter-drone solutions, Alto Capital highlights that DroneShield shares have rallied very strongly over the past 12 months. It believes this means the risk/reward is now unfavourable for buyers. It explains:

DroneShield operates in the counter-drone defence technology sector, providing detection and mitigation systems used to protect military, government and critical infrastructure assets. The company has benefited from strong investor interest in defence and security technologies, with the share price rallying sharply over the past year in response to geopolitical tensions and intensifying defence spending narratives.

While the long term outlook for counter-drone solutions remains compelling, DroneShield's valuation increasingly reflects significant future growth expectations. Revenue remains contract-driven and can be uneven, with earnings visibility still developing as the company scales up globally. Following recent share price strength and a re-rating, the current risk-reward balance favours taking profits at present levels.

The post Buy, hold, sell: Bapcor, Challenger, and DroneShield shares appeared first on The Motley Fool Australia.

By the time trading wrapped up today, the ASX 200 had gained a healthy 1.09% after initially rallying even harder this morning (up 2% at one point). This session's rise leaves the index at 8,692.6 points.

This happy Tuesday for the Australian markets follows an optimistic start to the American trading week in the early hours of this morning (our time).

The Dow Jones Industrial Average Index (DJX: .DJI) returned from the weekend with a spring in its step, rising 0.5%.

The tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) was even more enthusiastic, gaining a rosy 1.38%.

But let's return to the local markets now and take stock of how the different ASX sectors were lifted, or not, by today's market tide.

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

By the time the market's closed, the index had lost another 1%, leaving it at a flat 8,851 points as we head into the weekend.

This rather horrid end to the trading week for Australian investors follows a similarly rough morning on the American markets.

The Dow Jones Industrial Average Index (DJX: .DJI) suffered a horrendous day, dropping 1.61%.

However, the tech-heavy Nasdaq Composite Index (NASDAQ: .IXIC) fared much better, 'only' falling 0.26%.

But let's get back to the local markets and take a closer look at how today's sell-off affected the different ASX sectors this session.

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

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Bapcor Ltd (ASX: BAP)

The Bapcor share price is down 47% to 90.5 cents. This morning, the auto parts retailer's shares returned from a trading halt after completing the institutional component of its $200 million equity raising. The struggling retailer raised $157 million from institutional investors at a 65% discount of 60 cents per new share. The company's new CEO, Chris Wilesmith, said: "Raising $200M of equity will improve our financial flexibility and business resilience in the current market conditions and provide headroom to focus on 'getting the engine running' to improve our operating performance and execution." The retail component of the entitlement offer, which is fully underwritten, is expected to raise a further $43 million.

Brainchip Holdings Ltd (ASX: BRN)

The Brainchip share price is down 7% to 13 cents. Investors have been selling the embattled semiconductor company's shares after it released its full-year results. Brainchip reported revenue of US$1.9 million for the 12 months and a massive operating loss of US$21.7 million. Brainchip's founder and director, Peter van der Made, said: "We recognize that the ultimate measure of our strategy is commercial success. The foundations we continue to build in 2026 – from silicon validation to reference designs – are the essential drivers of our commercial success, and we are executing this strategy with full conviction. We remain deeply committed to the success of this Company and look forward to your continued engagement."

Coles Group Ltd (ASX: COL)

The Coles share price is down 9% to $20.20. This follows the release of the supermarket giant's half-year results. For the 27 weeks ended 4 January 2026, Coles reported a 2.5% lift in sales revenue to $23.6 billion and a 12.5% jump in profit after tax (excluding significant items) to $676 million. This was short of expectations. For example, Morgans was expecting a 3.5% increase in revenue and a 16.5% jump in underlying net profit after tax to $699 million.

Harvey Norman Holdings Ltd (ASX: HVN)

The Harvey Norman share price is down 8% to $5.81. This morning, this retail giant released its half-year results and reported a 6.9% increase in sales revenue to $5.16 billion and a 16.5% lift in profit after tax to $321.9 million. While this looks strong on paper, it was a touch short of consensus expectations.

The post Why Bapcor, Brainchip, Coles, and Harvey Norman shares are dropping today appeared first on The Motley Fool Australia.

At the time of writing, the Bapcor share price is down a massive 48.69% to 88 cents, marking a record low for the company.

Here's what spooked investors.

Profit slump and balance sheet pressure

For the 6 months to 31 December 2025, Bapcor reported statutory revenue of $973 million, down 3.9% year on year.

Underlying EBITDA fell 40.4% to $76.9 million, while underlying net profit after tax (NPAT) dropped 87.3% to just $5.5 million.

On a statutory basis, the company posted a loss of $104.8 million. That included $110.3 million of significant items, largely related to impairments, inventory write-downs, restructuring costs, and accounting adjustments following an internal review.

Net debt rose to $387.3 million, up from $304.5 million a year earlier. Net leverage ballooned to 3.39x EBITDA, compared with 1.65x previously.

Free cash flow was negative $5.3 million for the half.

The board has elected not to declare an interim dividend.

$200 million raising at a steep discount

Alongside the results, Bapcor announced a fully underwritten $200 million equity raising to shore up its balance sheet.

The offer price has been set at 60 cents per share.

That represents a 48.4% discount to the theoretical ex-rights price of $1.16 and a 65% discount to the last close of $1.715 on 18 February.

Approximately 333 million new shares will be issued, representing around 98% of existing shares on issue.

The raising comprises a $150 million accelerated non-renounceable entitlement offer and a $50 million institutional placement.

Management said the funds will improve financial flexibility and resilience, with pro forma leverage expected to reduce to around 2.13x at 31 December 2025.

Banking terms revised

Given the sharp deterioration in earnings, Bapcor has also secured temporary amendments to its banking covenants.

Lenders have agreed to lift the net leverage covenant to 3.5x for upcoming test periods and lower the interest cover requirement before it resets in 2027.

While management framed this as a proactive balance sheet reset, the need for covenant relief highlights the pressure the business is under.

January trading offered limited reassurance. Group like-for-like sales were down 0.9%, with trade sales falling 2.4%. Networks, retail, and New Zealand recorded modest growth.

Foolish Takeaway

Today's sell-off points to concerns around earnings stability and balance sheet strength.

Issuing new shares equivalent to roughly 98% of existing stock is highly dilutive. Shareholders who don't participate will see their ownership materially reduced.

The need to loosen leverage and interest cover tests suggests earnings have deteriorated faster than expected.

On the positive side, the $200 million raise reduces balance sheet risk and gives management breathing room to execute its turnaround plan.

At 88 cents, the stock may look cheap. But from here, management needs to prove that margins can recover and that cash flow can stabilise. Until that happens, the share price may struggle to turn around.

The post Bapcor shares crash 49% after shock loss and $200m emergency capital raise appeared first on The Motley Fool Australia.

Is Wisetech stock priced to buy?

The Wisetech share price has fallen around 50% from its peak of almost $130 in early Feb 2025. Declines in 2025 were largely driven by market pressure on high growth high valuation stocks as well as investor caution around the integration risks of its US $2.1 billion acquisition of e2open.

Coming into 2026, continued weak sentiment in high valuation stocks and a period of decelerated growth for the company are continuing the trend.

However, despite these headwinds, its core business continues to prosper. Wisetech's global logistics and supply chain software, CargoWise, reports solid results and continued, if decelerating, growth. And some brokers remain bullish, buoyed by the software's defensive moat against AI.

The question for investors is whether the share price can return to its previous highs. While the current price may not amount to a universal buy signal, it could prove an attractive entry point for long-term investors, albeit with some higher risk attached.  

Is Xero stock priced to buy?

February 2025 saw Xero trading at around $180 per share but has recently dropped below the $100 mark. Still a hefty price tag, but is it a steal for one of our most high-profile tech growth stocks?

There is no single event driving the share price declines for Xero. A combination of sector headwinds, acquisition decisions and overvaluation concern in growth stocks have fuelled the sell-off.

In June 2025, Xero announced the acquisition of US-based bill pay platform, Melio, in a bid to expand its footprint in the lucrative US market. But the US $2.5 billion price tag and the decision to partly finance the purchase through the issue of new shares left some investors cold. In addition, some investors worried that the acquisition wouldn't produce results, given the more competitive US landscape.

That said, Xero continues to post revenue growth and strong cashflow. And the potential in the US market is significant, if it can execute. Given its track record of disciplined growth over the last few years, I believe it can.

For me, Xero remains a solid option for long-term investors. There is a valid question around whether it can return to the lofty valuations of early 2025. However, if it makes a successful play in the US market with Melio, I believe it will deliver some solid returns in years to come.

Is Bapcor stock priced to buy?

Aftermarket automotive parts provider, Bapcor, has experienced share price declines of over 50% in the last year, from highs above the $5 mark in February 2025. The drop has been driven by a combination of earnings downgrades, operational disruption and notable leadership movements. In addition, lower discretionary consumer spending has impacted its retail business.

In December 2025, Bapcor reported an expected net loss of $5-8 million for the first half of FY2026, down from a profit forecast of $3-7 million. This represented its second downgrade of the year, after initially anticipating $14-18 million in profit.

On the leadership front, the company announced the appointment of experienced CEO, Chris Wilesmith (ex Jaycar Electronics, Mitre 10 and Supercheap Auto) on 18 December 2025. Response to the move was positive, with the share price jumping 12%. But it has come on the tail of significant group leadership movement that has left some investors wary.

At this point, Bapcor is a turnaround play. The experienced hand of Wilesmith at the helm offers some reassurance. But there is a significant journey ahead.

For me, Bapcor is one for the watch list, for now. However, more risk-tolerant investors may see an opportunity at current prices.  

The post Down 50% from recent highs: Is it time to buy these ASX stocks? appeared first on The Motley Fool Australia.

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

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

Will the market be able to build on this on Monday? Here are five things to watch:

ASX 200 expected to rise again

The Australian share market looks set for a good start to the week following a strong finish to the last one on Wall Street on Friday. According to the latest SPI futures, the ASX 200 is expected to open the day 41 points or 0.45% higher. In the United States, the Dow Jones was up 0.4%, the S&P 500 rose 0.9%, and the Nasdaq stormed 1.3% higher.

Oil prices charge higher

It could be a decent start to the week for ASX 200 energy shares Santos Ltd (ASX: STO) and Woodside Energy Group Ltd (ASX: WDS) after oil prices charged higher on Friday night. According to Bloomberg, the WTI crude oil price was up 0.9% to US$56.52 a barrel and the Brent crude oil price was up 1.1% to US$60.47 a barrel. Traders were bidding oil prices higher after Donald Trump wouldn't rule out a war with Venezuela.

Quarterly rebalance

This morning, a number of ASX 200 shares will leave the benchmark index after being kicked out at the quarterly rebalance. Leaving the index this morning are the likes of Bapcor Ltd (ASX: BAP), HMC Capital Ltd (ASX: HMC) and Corporate Travel Management Ltd (ASX: CTD). Joining the index this morning are stocks including Aussie Broadband Ltd (ASX: ABB), Resolute Mining Ltd (ASX: RSG), and Silex Systems Ltd (ASX: SLX).

Gold price rises

ASX 200 gold shares Newmont Corporation (ASX: NEM) and Northern Star Resources Ltd (ASX: NST) could have a good start to the week after the gold price pushed higher on Friday night. According to CNBC, the gold futures price was up 0.5% to US$4,387.3 an ounce. Rate cut optimism gave the gold price a boost.

Buy Boss Energy shares

Bell Potter thinks that investors should be buying Boss Energy Ltd (ASX: BOE) shares after their sell off. This morning, the broker has reaffirmed their buy rating on the uranium producer's shares with a reduced price target of $2.00 (from $2.90). It said: "Our valuation assumes production at Honeymoon over the short 10Y mine life is limited to ~1.6Mlbs pa and costs remain elevated, until such a time that management have completed the work to guide otherwise."

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

What did Bapcor announce?

Under the revised terms, Bapcor's debt covenant will temporarily rise from the current limit of 3x adjusted EBITDA to a new limit of 3.5x adjusted EBITDA.

This temporary increase will apply only for the 31 December 2025 and 30 June 2026 testing periods. The covenant will then revert to the previous 3x threshold. Management said the change reflects lenders' ongoing support for Bapcor's operational reset and financial recovery efforts.

CFO Kim Kerr noted that the move underscores the lending syndicate's confidence in the company's turnaround program and its ability to stabilise and rebuild performance.

While the market marked the stock slightly lower today, this announcement comes during an otherwise strong week for Bapcor shareholders. The stock is still up roughly 14% over the past five days following the news that Chris Wilesmith will become the company's new CEO in January. It's a leadership change that investors clearly welcomed.

Wilesmith's appointment was viewed as a credible catalyst for much-needed change after a turbulent period marked by profit downgrades, rising short interest, and operational missteps. A seasoned automotive and retail operator with experience at Supercheap Auto, Jaycar, and Mitre 10 New Zealand, Wilesmith brings deep sector expertise and a track record of operational discipline.

Today's covenant update, by contrast, is more of a housekeeping item. Although it points to ongoing financial pressure, it also indicates that lenders are aligned with Bapcor's recovery efforts and willing to offer temporary flexibility as the business restructures.

Foolish bottom line

For investors, the mixed reaction is understandable: the company still faces meaningful operational and financial challenges, yet the pieces for a reset are falling into place. Leadership change, lender support, and a clearer path to stabilisation suggest that this week's rally is a sign that confidence is beginning to rebuild.

Whether that optimism holds will depend on execution, but for now, Bapcor appears to be regaining the market's trust.

The post Why Bapcor shares are falling today despite a powerful 14% rebound this week appeared first on The Motley Fool Australia.

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

Bapcor shares surged as much as 12% today after the company announced the resignation of CEO Angus McKay and the appointment of Chris Wilesmith as its new Chief Executive Officer and Managing Director.

Why the optimism?

The market's strong reaction reflects a clear message from investors: they are ready for a reset.

A new CEO is likely to bring in fresh ideas and could be the catalyst that Bapcor needs to reset its trajectory.

Bapcor shares are down 56% so far in 2025, but investors will be looking at the new CEO's background with great optimism.

Wilesmith, a seasoned operator in the automotive aftermarket and broader retail sector, brings decades of experience across businesses closely aligned with Bapcor's core segments. According to the ASX announcement, he has held senior leadership roles at Super Retail Group Ltd (ASX: SUL) owned brand Supercheap Auto, as well as Jaycar Electronics, and Mitre 10 New Zealand. This should give him deep insight into trade, retail, and supply-chain operations across Australia and New Zealand.

The board highlighted his track record in growing businesses within the very categories Bapcor competes in. That relevance appears to have resonated strongly with shareholders, many of whom have been waiting for more stability and clearer execution after a difficult period for the company.

The market's enthusiasm also reflects a desire for renewed strategic direction. Bapcor has faced operational and profitability challenges in recent years, including multiple earnings downgrades, rising short interest, and ongoing concerns around its turnaround efforts. With customer-facing brands such as Autobarn, Autopro, and Burson, the business remains a meaningful player in the Australian automotive aftermarket, but execution has held it back.

Wilesmith will officially step into the role on 14 January 2026, with outgoing CEO Angus McKay assisting through a transitional period. The ASX filing notes that Bapcor's board thanked McKay for the progress made in simplifying the organisation and stabilising its foundations, but the decision to transition leadership now signals the company's focus on a new phase centred on recovery and growth.

Bapcor shares Takeaway

Investors appear to view Wilesmith's appointment as a credible catalyst for that next phase. His combination of automotive experience, operational discipline, and exposure to both supplier and competitor dynamics positions him well to address Bapcor's challenges while unlocking value in its trade and retail networks.

While the share price pop reflects renewed optimism, the real test will come as Wilesmith begins to shape strategy, rebuild confidence, and demonstrate that Bapcor can return to sustainable earnings growth.

For now, the market has rewarded the company for making what many see as a decisive and much-needed leadership shift.

The post Bapcor shares soar 12% on the appointment of a new CEO appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising today:

Bapcor Ltd (ASX: BAP)

The Bapcor share price is up 13% to $2.01. This has been driven by news that the struggling auto parts company has appointed its new CEO. In January, Chris Wilesmith will join as CEO and managing director. Bapcor's chair, Lachlan Edwards, said: "Chris brings deep and broad automotive aftermarket experience to Bapcor. His previous senior roles in growing businesses in each of Bapcor's segments will be critical to take our businesses into their next phase of driving growth and performance."

IDP Education Ltd (ASX: IEL)

The IDP Education share price is up 1.5% to $5.66. This morning, this language testing and student placement company announced a voluntary change in its revenue recognition accounting policy that will see student placement revenue recognised across all jurisdictions at census date. In addition, management reaffirmed its adjusted EBIT guidance for FY 2026. It continues to expect adjusted EBIT in the range of $115 million to $125 million, including the impact of this accounting change.

Netwealth Group Ltd (ASX: NWL)

The Netwealth share price is up 2.5% to $27.15. This has been driven by news that the investment platform provider has agreed to pay compensation to members of the Netwealth Superannuation Master Fund (Fund) who suffered a loss through the collapse of the First Guardian Master Fund after reaching agreement with ASIC. The total value of the compensation payments is estimated to be $101 million. Netwealth's CEO, Matt Heine, said: "The agreed outcome allows us to move forward and continue our work in supporting our members, our clients and our business."

Ora Banda Mining Ltd (ASX: OBM)

The Ora Banda share price is up 5% to $1.47. Investors have been buying this gold miner's shares following the release of an update on drill results. These results are for the northern corridor, between Sand King and the historically mined Palmerston shallow open pit. High grade results were received, which the company notes is reinforcing the scale and growth potential of this emerging mineralised system. Ora Banda's managing director, Luke Creagh, said: "The drilling at Sand King continues to validate our view that we are only in the early stages of unlocking what is potentially a large mineralised system."

The post Why Bapcor, IDP Education, Netwealth, and Ora Banda shares are pushing higher today appeared first on The Motley Fool Australia.

So, without further ado…

2 ASX 200 shares facing potential headwinds

First up, we have Lendlease Group (ASX: LLC).

Lendlease shares are down 0.7% during the Wednesday lunch hour, changing hands for $5 apiece.

This sees the Lendlease share price down 22.9% over 12 months. Losses that will have been only partly ameliorated by the stock's partly franked 4.6% dividend yield.

And looking ahead, DP Wealth Advisory's Andrew Wielandt expects Lendlease could continue to struggle in the near term.

"Lend Lease is a property developer and investment manager. The company is focusing on growing its Australian operations," said Wielandt, who has a sell recommendation on the ASX 200 share.

Wielandt explained:

The company has reduced debt and risk by divesting overseas projects and operations. However, in our view, this may lead to fewer development opportunities as it has less capital to recycle.

The company expects fiscal year 2026 to be one of transition. The shares have fallen from $6.77 on February 17 to trade at $5.125 on December 11. We prefer to be on the sidelines at this point, while monitoring developments.

Wielandt also recommends selling Bapcor Ltd (ASX: BAP) shares.

Bapcor shares are up 3.1% today, trading for $1.76 each. Despite that welcome lift, the Bapcor share price remains down 61.8% since this time last year. The stock also trades on a fully franked 7.7% dividend yield.

"Bapcor is an aftermarket automotive parts provider. It operates the Autobarn, Burson and Autopro brands," said Wielandt.

As for his sell recommendation on the ASX 200 share, he noted:

Shares recently hit a 12-month low after the company downgraded profit guidance. Bapcor expects to deliver a statutory net loss of between $5 million and $8 million in the first half of fiscal year 2026.

Performance in the trade segment was below expectations in October and November. Revenue declined in tools and equipment when compared to the prior corresponding period. The shares have fallen from $5.11 on July 23 to trade at $1.792 on December 11.

Wielandt concluded, "We retain a sell recommendation until there is clear evidence of an operational recovery."

Which brings us to…

Time to take profits on this surging Aussie miner?

Alto Capital's Tony Locantro believes investors would do well to take profits on Mineral Resources Ltd (ASX: MIN) shares.

"MIN is a diversified resources company, with extensive operations in lithium, iron ore, energy and mining services across Western Australia," Locantro explained.

Shares in the lithium miner and diversified resources producer are up 3.8% today, changing hands for $52.49 apiece. That sees the Mineral Resources share price up 51.3% in 12 months. And investors who bought at the recent lows on 9 April will be sitting on eye-watering gains of 261% today.

Locantro noted:

The company delivered strong operational results in the first quarter of 2026, which included record iron ore output from Onslow Iron, triggering a $200 million payment. MIN's joint venture lithium terms with POSCO Holdings will realise it an upfront payment of $A1.2 billion for part of MIN's lithium business.

But with the ASX 200 share having rocketed higher over the past eight months, Locantro thinks further near-term gains appear limited.

He concluded:

MIN'S shares have risen from $14.40 on April 9 to trade at $51.90 on December 11. With most of the upside seemingly priced in and commodity cycles still volatile, it may be prudent to cash in some gains made on the strong share price recovery.

The post Alert! Analysts name 3 ASX 200 shares to sell today appeared first on The Motley Fool Australia.