Renewed faith? Analysts verdict on Pushpay s result
13 May, 2021 01:00 AM
8 minutes to read
Forsyth Barr s Jamie Foulkes sees, An encouraging start from new CEO Molly Matthews who brings a relationship-based approach to customers. Photo / Supplied
Forsyth Barr s Jamie Foulkes sees, An encouraging start from new CEO Molly Matthews who brings a relationship-based approach to customers. Photo / Supplied
Forsyth Barr, Craigs Investment Partners and Jarden analysts have all tweaked their ratings, or 12-month target price, after Pushpay s full-year result - and several numbers that took the market by surprise. Analysts were sharply split ahead of the full-year report - particularly over how well it would handle two big challenges: dealing with new, lower-cost competition and breaking into the Catholic market.
Has Pushpay blown its pandemic opportunity? Analysts give their verdict
11 May, 2021 05:43 AM
3 minutes to read
New Pushpay chief executive Molly Matthews - the Kiwi-American company s first US-raised CEO. Photo / File
Analysts are split on the meaning of new competition for Pushpay on the eve of its full-year earnings announcement. The NZX-listed, Seattle-based maker of digital giving and church management software more than doubled its market cap to $2.3b during 2020, but the share price has eased back during 2021.
There has been a general pull-back for tech stocks recently, but with its customer growth slowing, Pushpay has also faced questions about new low-cost competitor Tithe.ly.
Post-pandemic tech stocks: Winners and losers
2 May, 2021 07:00 AM
10 minutes to read
Rocket Lab s new, larger, crew-capable Neutron Rocket, scheduled for its first launch in 2024. Video / Rocket Lab
Rocket Lab s new, larger, crew-capable Neutron Rocket, scheduled for its first launch in 2024. Video / Rocket Lab
Covid-19 remains a deadly scourge in many parts of the world. And supply chains everywhere are still a mess. But in countries like the US and the UK, where more than half of adults have now received their first jab - and others like Australia and NZ that have remained islands of relative calm throughout - the old normal is starting to reassert itself.