Ramsay Health Care Ltd
RHC: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$93.00 | Sgjhvs | Gvnnwxxpd |
Our Fiscal 2020 EPS Forecasts Slightly Ahead of Ramsay Guidance, Maintain AUD 67 FVE
At its AGM, narrow-moat Ramsay reiterated its core EPS guidance of 2% to 4% growth in fiscal 2020. Our fiscal 2020 EPS growth forecast of 5.9% is ahead of this range and is based on the most recent foreign exchange rates and industry data in both Australia and the U.K. Despite minor near-term revenue and cost adjustments, we make no change to our AUD 67 fair value estimate.