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OVER THE WIRE HOLDINGS LIMITED (ASX:OTW) - Share Price Analysis


-2.97%
Morgans makes no material changes to forecasts after Over The Wire Holdings released a 1H21 result in-line with a December update and the broker s forecasts. A 1.75 cent dividend was declared. Gross profit margins expanded year-on-year to 56% from 51%.
Management said acquisitions are tracking as expected and they are comfortable with consensus forecasts of $26m for earnings (EBITDA) in FY21. 
The Hold rating and target of $4.25 are maintained as Morgans cautions that delivering healthy growth in the core business has been a challenge for the company over the last few periods.
FORECAST
FY21 dividend of
26.00 cents.
FY22 dividend of
31.00 cents. ....

Wire Holdings , Full Members , Over The Wire Holdings , கம்பி ஹோல்டிங்ஸ் , முழு உறுப்பினர்கள் , ஓவர் தி கம்பி ஹோல்டிங்ஸ் ,