|Bid||33.30 x 0|
|Ask||33.29 x 0|
|Day's Range||33.02 - 33.62|
|52 Week Range||28.88 - 51.50|
|Beta (3Y Monthly)||0.65|
|PE Ratio (TTM)||13.66|
|Forward Dividend & Yield||1.42 (4.19%)|
|1y Target Est||N/A|
"IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. "The ratings affirmation reflects CIMIC's strong business and financial profiles, dominant market position in Australia and excellent liquidity," says Saranga Ranasinghe, a Moody's Vice President and Senior Analyst.
Cimic is controlled by Germany’s Hochtief AG and contributes most of its earnings, while Hochtief is majority-owned by Spanish construction giant ACS. Responding to GMT, the Australian company said its accounts were “fully audited and in compliance with the accounting standards.” The statement didn’t appear to entirely alleviate the market’s concerns, though, and perhaps that’s no surprise. Also called reverse factoring, this is an increasingly popular way for companies to free up more cash by getting a financial intermediary to pay their suppliers. (It’s so popular, in fact, that even the $100 billion SoftBank Vision Fund is investing in the reverse-factoring sector, spending $800 million on a stake in one of those intermediaries, Greensill Capital(5)).
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! While some investors are already well versed in financial metrics (hat tip), this article is for thos...
Today we'll look at CIMIC Group Limited (ASX:CIM) and reflect on its potential as an investment. Specifically, we're going to calculate its Return On Capital Employed (ROCE), in the hopes of getting some insight into the business...
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Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of CIMIC Group Limited and other ratings that are associated with the same analytical unit. "IMPORTANT NOTICE: MOODY'S RATINGS AND PUBLICATIONS ARE NOT INTENDED FOR USE BY RETAIL INVESTORS. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
Based on CIMIC Group Limited's (ASX:CIM) earnings update on 31 December 2018, analyst consensus outlook appear cautiously subdued, with profits predicted to rise by 6.0% next year relative to theRead More...
Want to participate in a short research study? Help shape the future of investing tools and you could win a $250 gift card! Building up an investment case requires lookingRead More...
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If you want to know who really controls CIMIC Group Limited (ASX:CIM), then you'll have to look at the makeup of its share registry. Generally speaking, as a company grows, Read More...