CCP.AX - Credit Corp Group Limited

ASX - ASX Delayed Price. Currency in AUD
28.33
+0.20 (+0.71%)
At close: 4:10PM AEST
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Previous Close28.13
Open28.14
Bid28.33 x 0
Ask28.36 x 0
Day's Range27.95 - 28.49
52 Week Range17.71 - 28.49
Volume355,150
Avg. Volume239,608
Market Cap1.556B
Beta (3Y Monthly)0.73
PE Ratio (TTM)20.06
EPS (TTM)1.41
Earnings DateJul 30, 2019 - Jul 30, 2019
Forward Dividend & Yield0.72 (2.56%)
Ex-Dividend Date2019-08-19
1y Target Est22.68
  • Will Credit Corp Group Limited's (ASX:CCP) Earnings Grow In The Next 12 Months?
    Simply Wall St.

    Will Credit Corp Group Limited's (ASX:CCP) Earnings Grow In The Next 12 Months?

    As Credit Corp Group Limited (ASX:CCP) released its earnings announcement on 30 June 2019, analyst consensus outlook...

  • Thomson Reuters StreetEvents

    Edited Transcript of CCP.AX earnings conference call or presentation 29-Jul-19 10:59am GMT

    Full Year 2019 Credit Corp Group Ltd Earnings Call

  • Australia’s $240 Billion Stock Rally Blasts Past Record High
    Bloomberg

    Australia’s $240 Billion Stock Rally Blasts Past Record High

    (Bloomberg) -- One of this year’s best-performing stock markets has just hit a fresh record.Australia’s S&P/ASX 200 Index reached its highest level, having added about $240 billion in value this year as investors cheered a dovish central bank, a surprise federal election victory by the incumbent center-right government and skyrocketing iron ore prices.The gauge rose as much as 0.7% to 6,875.5 in early trading on Tuesday, pushing past its all-time high from November 2007.Anticipation that the Federal Reserve will cut interest rates this week, renewed U.S.-China trade talks and “reasonable” U.S. corporate earnings results added to momentum that’s been building in the benchmark over the last month, said Eleanor Creagh, a Sydney-based strategist at Saxo Capital Markets.“The ASX has really looked determined to breach and set fresh record highs,” she said.Up and OverThe decision by central banks around the world to pull back on interest rate hikes sparked a global equities rally amid bets that accommodative policies could bolster earnings. The Reserve Bank of Australia came out with back-to-back interest rate reductions in June and July, the first changes in policy since September 2016.The coalition’s shock election win in May triggered a relief rally with the finance sector rising 12% as investors rejoiced that the opposition Labor Party wouldn’t be able to curtail tax breaks for property and stock-market investors. Health-care stocks advanced as the outcome thwarted plans to cap the amount they can raise premiums.Skyrocketing iron ore prices also propelled the index higher. Benchmark prices for the steelmaking ingredient hit their highest in over five years, boosting miners including Rio Tinto Group, BHP Group Ltd. and Fortescue Metals Group Ltd. But the good times might be over for the material -- analysts expect prices to ease after this year’s enormous gains.Best and WorstCommunications services has been the best-performing sector this year. Technology was the next best, with the WAAAX stocks surging as investors seek exposure to the global rally that has sent U.S. tech equities soaring since 2017, followed by the miner-heavy materials.The energy sector, which has advanced 14% this year, was the worst performer on the ASX 200, followed by utilities.Magellan Financial Group Ltd. has been the top individual performer on the index, more than doubling in value amid a sustained surge in inflows. Produce company Costa Group Holdings Ltd. was the worst performer after cutting its guidance twice so far this year.Where to Now?Analysts disagree on where Aussie stocks will go after this year’s jump, with Citigroup Inc. and Morgan Stanley Wealth Management cheering the surge, and Goldman Sachs Group Inc. downgrading the market to underweight.Investors are piling into equities, and paying higher prices for them, at a time when cash is set to yield very little and interest rates are likely to remain low for quite some time, Creagh said.“It’s not something that’s going to be sustainable as a longer-term picture,” she said. “Deteriorating growth and the lackluster corporate earnings outlook is ignored at current equity prices.”High valuations going into the August earnings season have the potential to stymie the rally, said Karl Goody, a private wealth adviser at Shaw and Partners Ltd. in Sydney.“I’m really struggling with earnings season at the moment because I don’t think we’re getting the news which is needed to support the current multiples,” he said. “But, in saying that, every day the market just goes higher.”(Updates with comments throughout.)\--With assistance from Abhishek Vishnoi.To contact the reporter on this story: Jackie Edwards in Sydney at jedwards160@bloomberg.netTo contact the editors responsible for this story: Lianting Tu at ltu4@bloomberg.net, Tim SmithFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.

  • Why Credit Corp Group Limited's (ASX:CCP) CEO Pay Matters To You
    Simply Wall St.

    Why Credit Corp Group Limited's (ASX:CCP) CEO Pay Matters To You

    Thomas Beregi has been the CEO of Credit Corp Group Limited (ASX:CCP) since 2008. This analysis aims first to contrast...

  • Thomson Reuters StreetEvents

    Edited Transcript of CCP.AX earnings conference call or presentation 28-Jan-19 10:00pm GMT

    Half Year 2019 Credit Corp Group Ltd Earnings Call

  • With EPS Growth And More, Credit Corp Group (ASX:CCP) Is Interesting
    Simply Wall St.

    With EPS Growth And More, Credit Corp Group (ASX:CCP) Is Interesting

    Like a puppy chasing its tail, some new investors often chase 'the next big thing', even if that means buying 'story...

  • What To Know Before Buying Credit Corp Group Limited (ASX:CCP) For Its Dividend
    Simply Wall St.

    What To Know Before Buying Credit Corp Group Limited (ASX:CCP) For Its Dividend

    Dividend paying stocks like Credit Corp Group Limited (ASX:CCP) tend to be popular with investors, and for good reason...

  • Do Directors Own Credit Corp Group Limited (ASX:CCP) Shares?
    Simply Wall St.

    Do Directors Own Credit Corp Group Limited (ASX:CCP) Shares?

    Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift...

  • If You Had Bought Credit Corp Group Shares Five Years Ago You’d Have Made 138%
    Simply Wall St.

    If You Had Bought Credit Corp Group Shares Five Years Ago You’d Have Made 138%

    The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if you buy shares in a highRead More...

  • Credit Corp Group Limited (ASX:CCP): Poised For Long Term Success?
    Simply Wall St.

    Credit Corp Group Limited (ASX:CCP): Poised For Long Term Success?

    In June 2018, Credit Corp Group Limited (ASX:CCP) released its earnings update. Generally, analyst consensus outlook appear cautiously subdued, as a 6.1% rise in profits is expected in the upcoming Read More...

  • What Are Analysts Saying About Credit Corp Group Limited’s (ASX:CCP) Future?
    Simply Wall St.

    What Are Analysts Saying About Credit Corp Group Limited’s (ASX:CCP) Future?

    The latest earnings announcement Credit Corp Group Limited (ASX:CCP) released in June 2018 revealed that the business gained from a robust tailwind, eventuating to a double-digit earnings growth of 17%. Read More...

  • Simply Wall St.

    Why Credit Corp Group Limited’s (ASX:CCP) CEO Salary Matters To You

    Thomas Beregi became the CEO of Credit Corp Group Limited (ASX:CCP) in 2008. This report will, first, examine the CEO compensation levels in comparison to CEO compensation at companies of Read More...

  • Simply Wall St.

    Should You Be Holding Credit Corp Group Limited (ASX:CCP)?

    As an investor, I look for investments which does not compromise one fundamental factor for another. By this I mean, I look at stocks holistically, from their financial health to Read More...

  • Interested In Credit Corp Group Limited (ASX:CCP)’s Upcoming AU$0.36 Dividend? You Have 4 Days Left
    Simply Wall St.

    Interested In Credit Corp Group Limited (ASX:CCP)’s Upcoming AU$0.36 Dividend? You Have 4 Days Left

    On the 12 October 2018, Credit Corp Group Limited (ASX:CCP) will be paying shareholders an upcoming dividend amount of AU$0.36 per share. However, investors must have bought the company’s stockRead More...

  • Are You An Income Investor? Don’t Miss Out On Credit Corp Group Limited (ASX:CCP)
    Simply Wall St.

    Are You An Income Investor? Don’t Miss Out On Credit Corp Group Limited (ASX:CCP)

    Credit Corp Group Limited (ASX:CCP) has pleased shareholders over the past 10 years, by paying out dividends. The stock currently pays out a dividend yield of 3.1%, and has aRead More...

  • Do You Know Who Else Invests In Credit Corp Group Limited (ASX:CCP)?
    Simply Wall St.

    Do You Know Who Else Invests In Credit Corp Group Limited (ASX:CCP)?

    Every investor in Credit Corp Group Limited (ASX:CCP) should be aware of the most powerful shareholder groups. Generally speaking, as a company grows, institutions will increase their ownership. Conversely, insidersRead More...