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Peet Limited ( (AU:PPC) ) has shared an update.
Peet Limited has issued an earnings guidance for the financial year ending June 2026, anticipating a net profit after tax between $74 million and $78 million, marking a growth of 26% to 34% over the previous year. This positive outlook is driven by strong operational performance, favorable macroeconomic conditions such as robust demand for residential properties, and strategic positioning in key Australian markets. The company is well-positioned to benefit from the recovery in the ACT/NSW and Victoria markets, maintaining a disciplined approach to capital management and project delivery.
The most recent analyst rating on (AU:PPC) stock is a Buy with a A$2.00 price target. To see the full list of analyst forecasts on Peet Limited stock, see the AU:PPC Stock Forecast page.
More about Peet Limited
Peet Limited is a company operating in the residential property industry, focusing on developing residential communities. The company is involved in delivering housing solutions across various regions in Australia, including Western Australia, South Australia, and Queensland, with a strategic focus on capitalizing on market opportunities and meeting market demands.
Average Trading Volume: 878,563
Technical Sentiment Signal: Buy
Current Market Cap: A$894.2M
See more data about PPC stock on TipRanks’ Stock Analysis page.