tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Aurizon Holdings Reaffirms FY2026 Guidance Amid Leadership Transition

Story Highlights
Aurizon Holdings Reaffirms FY2026 Guidance Amid Leadership Transition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Aurizon Holdings ( (AU:AZJ) ) has issued an announcement.

Aurizon Holdings has reaffirmed its FY2026 financial guidance, projecting earnings before interest, tax, depreciation, and amortization (EBITDA) between $1,680 and $1,750 million, with full-year dividends expected to be 19-20 cents per share. The company is undergoing leadership changes with the Chairman planning to retire by the end of 2025, and efforts are underway to find his successor. Despite a 7% shortfall in expected EBITDA for FY2025 due to deferred revenue and increased bad debt provisions, Aurizon maintained strong credit ratings and continued capital returns to shareholders. The company also signed a non-binding term sheet for a new regulatory arrangement for its Central Queensland Coal infrastructure, set to begin in 2027.

The most recent analyst rating on (AU:AZJ) stock is a Hold with a A$3.20 price target. To see the full list of analyst forecasts on Aurizon Holdings stock, see the AU:AZJ Stock Forecast page.

More about Aurizon Holdings

Aurizon Holdings Limited operates in the rail transport industry, primarily focusing on freight transport services. The company is known for its significant role in the Central Queensland Coal infrastructure, providing essential transport services for the coal industry.

Average Trading Volume: 5,473,895

Technical Sentiment Signal: Buy

Current Market Cap: A$5.71B

For an in-depth examination of AZJ stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1