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Latitude Group is a credit services business based in Australia. Latitude Group shares (LFS) are listed on the Australian Securities Exchange (ASX) and all prices are in Australian dollars. Latitude Group has a trailing 12-month revenue of around $699.7 million. If you're looking to buy shares, check out the steps below.
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| 52-week range | $1.23 - $2.3204 |
|---|---|
| 50-day moving average | $1.75 |
| 200-day moving average | $1.9518 |
| Target price | $2.33 |
| PE ratio | 7.7744 |
| Dividend yield | $0.157 (12.56%) |
| Earnings per share (TTM) | $0.164 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. However, this is not a recommendation. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
Historical closes compared with the last close of A$1.25
| 1 week (2022-06-17) | -10.71% |
|---|---|
| 1 month (2022-05-25) | -30.56% |
| 3 months (2022-03-25) | -31.32% |
Valuing Latitude Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Latitude Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Latitude Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 8x. In other words, Latitude Group shares trade at around 8x recent earnings.
That's relatively low compared to, say, the P/E ratio for the ASX over the 12 months to December 2019 (32.14). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
| Revenue TTM | $699.7 million |
|---|---|
| Operating margin TTM | 33.04% |
| Gross profit TTM | $699.7 million |
| Return on assets TTM | 2.04% |
| Return on equity TTM | 16.65% |
| Profit margin | 23% |
| Book value | 1.503 |
| Market capitalisation | $1.3 billion |
TTM: trailing 12 months
Dividend payout ratio: 92.35% of net profits
Recently Latitude Group has paid out, on average, around 92.35% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.56% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Latitude Group shareholders could enjoy a 12.56% return on their shares, in the form of dividend payments. In Latitude Group's case, that would currently equate to about A$0.157 per share.
Latitude Group's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
The latest dividend was paid out to all shareholders who bought their shares by 28 February 2022 (the "ex-dividend date").
Latitude Group Holdings Limited operates in instalments and lending business in Australia and New Zealand. It provides various installment products to support customers, the merchants, and other commercial partners. The company also offers lending products comprising credit cards, personal loans, and motor loans through commercial partners, as well as various channels, such as direct, online, and by phone. In addition, it provides debt consolidation, home renovation, and travel loans, as well as insurance services. The company was incorporated in 2015 and is based in Docklands, Australia. Latitude Group Holdings Limited operates as a subsidiary of Latitude Financial Group Limited.
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