MQG.AX - Macquarie Group Limited
| Previous close | 135.50 |
| Open | 134.27 |
| Bid | 133.75 x 0 |
| Ask | 133.76 x 0 |
| Day's range | 133.48 - 134.81 |
| 52-week range | 103.30 - 139.10 |
| Volume | 299,423 |
| Avg. volume | 869,493 |
| Market cap | 45B |
| Beta (3Y monthly) | 0.93 |
| PE ratio (TTM) | 14.82 |
| EPS (TTM) | 9.03 |
| Earnings date | 1 Nov 2019 |
| Forward dividend & yield | 5.00 (3.69%) |
| Ex-dividend date | 2019-11-11 |
| 1y target est | 129.79 |
- Bloomberg
By 2H of 2020, Yuan Will Be at 6.80 to the Dollar: Macquarie’s Le
Nov.26 -- Trang Thuy Le, emerging Asia FX strategist at Macquarie Group, discusses China’s growth indicators, the yuan and her outlook for Asian currencies. She speaks on “Bloomberg Markets: Asia.”
- Motley Fool
ASX blue chips that can boost returns in 2020 with franked cash handouts
The big franking-heavy capital returns from S&P/ASX 200 (Index:^AXJO) (ASX:XJO) index companies is unlikely to be as generous in 2020 as compared to this year.The post ASX blue chips that can boost returns in 2020 with franked cash handouts appeared first on Motley Fool Australia.
- Motley Fool
5 ASX stocks I’d love to own in 2020
Here's why CSL Limited (ASX: CSL) is 1 of my 5 ASX shares that I'd love to own in 2020The post 5 ASX stocks I’d love to own in 2020 appeared first on Motley Fool Australia.
- Motley Fool
Top brokers name the latest ASX 200 shares to buy
The three latest "buy" ideas by top brokers could be a good place to start looking for shares most leveraged to the possible Santa Rally.The post Top brokers name the latest ASX 200 shares to buy appeared first on Motley Fool Australia.
- Bloomberg
Macquarie Weighs $2 Billion Sale of Virginia Toll Tunnels
(Bloomberg) -- Macquarie Group Ltd. and Skanska AB are weighing the sale of the Elizabeth River Tunnels, a toll road concession in southeastern Virginia that could fetch more than $2 billion, according to people familiar with the matter.Macquarie Infrastructure and Real Assets, the Australian bank’s infrastructure-investing arm, and Skanska are interviewing potential advisers ahead of a sale process for the project that could start next year, said the people, who asked to not be identified because the matter isn’t public. Skanska is a Stockholm-based construction company.The toll road is expected to draw interest from corporate buyers, pension funds and infrastructure funds, the people said. Many of the latter have amassed billions of dollars in capital to spend on North American infrastructure -- specifically, transportation, communications, energy and waste assets.“It is the policy of both Skanska and Macquarie not to comment on the divestment potential for individual assets,” the firms said in a joint statement. “The companies are continuously evaluating strategic alternatives for mature projects where construction is complete and operations are stable. If and when there is an agreement to sell an asset, the companies would make a formal disclosure to the market.”As part of a partnership with the Virginia Department of Transportation, Macquarie and Skanska have the right to operate the toll road until 2070, according to Skanksa’s website. Road improvements began in 2012 and tolling was put in place in 2014 for the route, which connects the cities of Portsmouth and Norfolk.While there has been a dearth of toll road dealmaking in the U.S. in 2019, activity in adjacent geographies has picked up recently. In October, Abertis Infraestructuras SA and Singapore sovereign wealth fund GIC Pte Ltd. agreed to buy Goldman Sachs Group Inc.’s infrastructure arm’s majority stake in one of Mexico’s largest private toll road operators. Separately, Goldman’s infrastructure arm is exploring the sale of its stake in a Puerto Rico toll road concession, Bloomberg News reported in October.To contact the reporter on this story: Gillian Tan in New York at gtan129@bloomberg.netTo contact the editors responsible for this story: Alan Goldstein at agoldstein5@bloomberg.net, Matthew Monks, Michael HythaFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Motley Fool
Diversify your portfolio with these 3 ASX 200 shares
Here's why I believe adding the following 3 ASX 200 stocks could be a great place to start for someone seeking to diversify their portfolio.The post Diversify your portfolio with these 3 ASX 200 shares appeared first on Motley Fool Australia.
- Motley Fool
Are resource shares like BHP the best value on the ASX?
Could resource shares like BHP Group Ltd (ASX:BHP) and Fortescue Metals Group Limited (ASX:FMG) be the best value on the ASX?The post Are resource shares like BHP the best value on the ASX? appeared first on Motley Fool Australia.
- Motley Fool
RBNZ’s $19bn torpedo can’t sink CBA’s capital return boat
The Commonwealth Bank of Australia (ASX: CBA) share price is the only one trading in the green today as shares in the other big banks returned some of Thursday’s gains.The post RBNZ’s $19bn torpedo can’t sink CBA’s capital return boat appeared first on Motley Fool Australia.
- Motley Fool
The Moelis share price is up 6% today and 14% in a month
The share price of Moelis Australia Ltd (ASX:MOE) has gone up 6% so far today and it’s up 14% over the past month. The post The Moelis share price is up 6% today and 14% in a month appeared first on Motley Fool Australia.
- Motley Fool
Why the Australian Ethical share price has gone gangbusters
AEF is a small-cap business that I've regularly covered and recommended to readers since 2014. In that time it's up around 800%.The post Why the Australian Ethical share price has gone gangbusters appeared first on Motley Fool Australia.
- Motley Fool
Is the NAB share price a buy after the RBNZ decision?
Is the National Australia Bank Ltd (ASX:NAB) share price a buy after the Reserve Bank of New Zealand’s decision?The post Is the NAB share price a buy after the RBNZ decision? appeared first on Motley Fool Australia.
- Motley Fool
Top brokers name 3 stocks to buy in the Xmas market meltdown
The Christmas Grinch is rearing its head and threatening to ruin the festive season for investors. But don’t let this big pullback go to waste as ASX shares have one of the best 2020 outlooks among all other asset classes.The post Top brokers name 3 stocks to buy in the Xmas market meltdown appeared first on Motley Fool Australia.
- Motley Fool
Why New Zealand could cause the share prices of big 4 ASX banks like ANZ to fall
The share prices of Australia and New Zealand Banking Group (ASX:ANZ) and other big 4 ASX banks could face further declines because of New Zealand. The post Why New Zealand could cause the share prices of big 4 ASX banks like ANZ to fall appeared first on Motley Fool Australia.
- Motley Fool
Beat low interest rates with these ASX dividend shares
Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares could help you beat low interest rates...The post Beat low interest rates with these ASX dividend shares appeared first on Motley Fool Australia.
- Motley Fool
Are embattled ASX big bank shares worth buying for 2020?
This has been an inauspicious year for ASX bank stocks and 2019 will be known as the year the sector shot itself in the foot – several times. But is the sector set to recover next year?The post Are embattled ASX big bank shares worth buying for 2020? appeared first on Motley Fool Australia.
- Motley Fool
Is ANZ the safest ASX banking stock right now?
While the ASX banking sector faces the scrutiny of AUSTRAC after numerous scandals, ANZ has managed to avoid trouble - but should you buy?The post Is ANZ the safest ASX banking stock right now? appeared first on Motley Fool Australia.
- Bloomberg
Nintendo Will Prove the Switch’s Longevity This Holiday Season
(Bloomberg) -- Nintendo Co.’s Switch console is poised for its best holiday shopping season yet.The company will probably sell 9.46 million units of Switch hardware and 64.73 million units of software in the quarter ending December, according to analyst estimates compiled by Bloomberg. While the forecast console numbers mark only a slight improvement on last year’s results, it’s games that deliver most of Nintendo’s profit, and software sales may climb about 23%.Achieving those numbers could prompt Nintendo to revise its conservative earnings outlook for the year ending March 2020. The Switch’s performance in its third holiday season will also hold clues for the console’s longevity in an industry where hardware is typically overhauled every five years and rivals Microsoft Corp. and Sony Corp. are already planning new machines for the end of 2020.“This is typically where sales begin to peak out, but it looks like the Switch may have a longer life cycle,” said Kazunori Ito, an analyst at Morningstar Investment Services in Tokyo. “With a desktop console and a portable player in a single machine, Nintendo has a very effective platform for selling game software.”Nintendo designed the console so that it can be used on the big living room screen as well as on the go, and in September it also introduced a cheaper Switch Lite focused on expanding the mobile market. Combined sales have already topped 40 million units since launch in March 2017 and many analysts expect the Switch will last long enough to reach the 100 million record set by the Nintendo Wii.There’s More to Nintendo’s Game Than Gadget Sales: Tim CulpanThe Kyoto-based company has stuck with a conservative forecast for operating profit of 260 billion yen ($2.4 billion) on 1.25 trillion yen in revenue for the year ending March 2020. That’s short of analysts’ expectations of 308.8 billion yen and 1.28 trillion yen, respectively.Nintendo also expects to sell 18 million Switch units and 125 million new software titles this fiscal year. That compares with the average of four analysts’ estimates for 19.07 million, and the 147.43 million average of nine estimates.“Last year’s holidays is a high hurdle to clear,” said Masaru Sugiyama, an analyst at Goldman Sachs Group Inc. “But there is a good chance for year-on-year growth.”The 2018 lineup included a Pokemon double-issue that sold a combined 10 million units in a month and a half to the end of the year. Super Smash Bros. Ultimate launched on Dec. 7 and raked in sales of over 12 million units. Nintendo sold 9.42 million Switch consoles in that holiday quarter and a total of 52.5 million units of software.This year, Nintendo is again targeting the Pokemon fan base with two new titles -- Pokemon Sword and Pokemon Shield. The games, which debuted on Nov. 15, have come under criticism from fans unhappy with the quality of graphics and animations and the lack of the full stable of “pocket monsters.” Still, sales exceeded 6 million units during the launch weekend, making it the fastest-selling Switch game to date.“It’s a Pokemon title, so unless you are giving up on the franchise, it’s hard to imagine fans not buying it,” said Damian Thong, an analyst at Macquarie Group Ltd. “Pokemon Sword and Shield will probably end up being the single largest game in terms of launch year revenue, probably bigger than Smash Bros.”In October, Nintendo released Ring Fit Adventure, an $80 exercise game that comes with a flexible plastic ring that tracks the player’s motion by slotting in one of the Switch’s Joy-Con controllers and having the user strap the other to their leg. With that basic motion-capture setup, gamers wage heroic battles and clear stages by jogging and doing squats.Nintendo is looking to repeat the success of the Wii Fit -- the exercise game that broke new ground when it was introduced in 2012 along with a Balance Board peripheral. It sold more than 50 million units and was key to broadening the appeal of the Wii console to new audiences. Ring Fit Adventure is off to a promising start, as Nintendo on Friday apologized for being unable to keep up with overwhelming demand.The Wii went on to sell over 101 million units of hardware and 900 million games, setting a high standard of success that Nintendo has struggled to live up to since. The company’s share price hit its peak in the year following the Wii’s 2006 launch and the stock now trades about 40% below its 2007 record.So far, the Switch has held its own against its storied predecessor and has even done better in hardware sales during its first two holiday seasons.“The Switch can sell 20 million units annually for the next three years,” said Michael Pachter, an analyst at Wedbush Securities Inc. “So it should easily get to 100 million.”Not everyone agrees. Macquarie’s Thong thinks a lot of the casual gamers that helped power the Wii’s runaway success have moved on to free-to-play games on smartphones, such as Nintendo’s own wildly popular Mario Kart Tour. There is also a lot more competition for people’s free time from social media and streaming video. Still, Nintendo’s prospects remain bright in the near-term.“The focus is the game, not the console itself,” Thong said. “2021 might be an even bigger year for title launches. There is a new Zelda game and it will be time for a mid-cycle refresh for all major Nintendo titles.”To contact the reporters on this story: Pavel Alpeyev in Tokyo at palpeyev@bloomberg.net;Yuki Furukawa in Tokyo at yfurukawa13@bloomberg.netTo contact the editors responsible for this story: Edwin Chan at echan273@bloomberg.net, Vlad SavovFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Motley Fool
The embattled ASX bank stock that’s on a comeback trail in 2020
Bank stocks are on the nose with investors with bad corporate behaviour, weaken balance sheet and falling interest rates conspiring to keep the sector on a backfoot. But there's an exception...The post The embattled ASX bank stock that’s on a comeback trail in 2020 appeared first on Motley Fool Australia.
- Motley Fool
Here’s why Macquarie is the best ASX bank dividend share
I think that Macquarie Group Ltd (ASX:MQG) is the best ASX bank dividend share. The post Here’s why Macquarie is the best ASX bank dividend share appeared first on Motley Fool Australia.
- Motley Fool
Why you should be watching ASX banking stocks today
ASX banking stocks including Macquarie Group (ASX: MQG) and Bank of Queensland (ASX: BOQ) will be on watch ahead of Senate AUSTRAC hearings.The post Why you should be watching ASX banking stocks today appeared first on Motley Fool Australia.
- Motley Fool
5 things to watch on the ASX 200 on Friday
Macquarie Group Ltd (ASX:MQG), Northern Star Resources Ltd (ASX:NST), and Premier Investments Limited (ASX:PMV) shares will be on watch on the ASX 200 on Friday...The post 5 things to watch on the ASX 200 on Friday appeared first on Motley Fool Australia.
- Motley Fool
Why the Telstra share price is outperforming today
Shares in our largest telecommunications provider is running well ahead of the market this morning after at least two top brokers upgraded the stock following the company’s investor briefing yesterday.The post Why the Telstra share price is outperforming today appeared first on Motley Fool Australia.
- Motley Fool
Why the Evolution Mining share price is surging higher today
The Evolution Mining Ltd (ASX: ASX: EVN) is one of the best performing stocks on the market on Wednesday after a few brokers upgraded the stock.The post Why the Evolution Mining share price is surging higher today appeared first on Motley Fool Australia.
- Motley Fool
2 ASX shares I’d buy for both growth and income
Here's why I would buy Macquarie Group Ltd (ASX: MQG) shares for both ASX growth and incomeThe post 2 ASX shares I’d buy for both growth and income appeared first on Motley Fool Australia.
- Motley Fool
Forget term deposits and buy these ASX dividend shares next week
Telstra Corporation Ltd (ASX:TLS) and these ASX dividend shares could be far better than term deposits in 2020...The post Forget term deposits and buy these ASX dividend shares next week appeared first on Motley Fool Australia.
