ASX 200 stocks hitting fresh 52-week highs and lows – Week 46
The Financials sector continues to boom, with banks, asset managers and fund administrator shares all soaring to fresh yearly highs.
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Mentioned
Welcome back to the 52-week Series – A recap of ASX 200 stocks that have tagged a fresh yearly highs and lows in the past week.
52-Week Highs and Lows by Sector
Financials: 12 Highs, 1 Low
Industrials: 5 Highs, 2 Lows
Telecommunication: 3 Highs, 0 Lows
Technology: 3 Highs, 0 Lows
Discretionary: 2 Highs, 2 Lows
Health Care: 2 Highs, 1 Low
Real Estate: 1 High, 0 Lows
Utilities: 0 Highs, 1 Low
Materials: 0 Highs, 1 Low
Energy: 0 Highs, 3 Lows
Staples: 0 Highs, 2 Lows
What Does the Data Tell Us?
Financials are booming: Banks, asset managers and fund administrators have continued to trend higher, underpinned by softer-than-expected Australian jobs data, solid quarterly earnings and stabilising bond yields. Commonwealth Bank's Q1 results were particularly noteworthy, showing resilient margins and credit quality. The bank exceeded profit forecasts before provisions, benefiting from stable net interest margins (NIM) and healthy mortgage growth. Analysts noted that reduced liquid assets helped maintain core NIM despite heightened deposit competition, while mortgage lending outperformed sector peers.
Industrials are showing strength: Several staple names in the Industrial space hit a fresh yearly high, including Brambles (pallets), NRW Holdings (mining contractor), SGH (diversified) and Computershare (investor services).
Quality names are floating to the top:Companies that surpassed earnings expectations in August continue to gain ground. Standout performers include JB Hi-Fi (FY24 earnings beat plus special dividend) and Pro Medicus (FY24 earnings beat and highlighted massive earnings growth runway).
Staples are struggling: Three key staples stocks – Woolworths, Endeavour Group and Metcash – are trading at 52-week lows. Woolworths' recent Q1 FY25 update revealed particular challenges, with projected EBIT of $1.51 billion (midpoint) representing a 5.6% year-over-year decline and falling 10% short of market expectations.
ASX 200 Financials at 52-week highs
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
Zip Co . | $3.25 | Financials | -3.0% | 692.7% | |
Pinnacle Investment Management | $21.20 | Financials | -1.4% | 132.0% | |
Judo Capital Holdings | $2.00 | Financials | 3.9% | 129.9% | |
Hub24 | $71.94 | Financials | -0.3% | 116.4% | |
Netwealth Group | $30.16 | Financials | 1.0% | 113.6% | |
Bendigo and Adelaide Bank | $13.20 | Financials | 5.9% | 50.9% | |
Commonwealth Bank | $153.02 | Financials | 2.2% | 47.6% | |
Block Inc | $130.98 | Financials | 14.7% | 45.3% | |
Suncorp Group | $19.32 | Financials | 3.7% | 43.2% | |
Insurance Australia Group | $8.07 | Financials | 4.1% | 37.0% | |
ANZ Group | $32.46 | Financials | 1.0% | 33.6% | |
QBE Insurance Group | $19.32 | Financials | 4.5% | 29.8% |
ASX 200 Industrials at 52-week highs
All other stocks and sectors at 52-week highs
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
JB HI-FI | $89.21 | Discretionary | 4.2% | 86.7% | |
Aristocrat Leisure | $67.83 | Discretionary | 3.4% | 66.5% | |
Telix Pharmaceuticals | $22.78 | Health Care | -2.4% | 143.4% | |
Pro Medicus | $208.52 | Health Care | 3.9% | 134.1% | |
HMC Capital | $11.50 | Real Estate | 6.5% | 131.4% | |
Life360 Inc | $21.22 | Technology | -11.4% | 174.9% | |
Xero | $170.55 | Technology | 6.9% | 68.4% | |
Technology One | $26.76 | Technology | 2.1% | 66.5% | |
REA Group | $242.01 | Telecommunication | 1.2% | 51.3% | |
News Corp | $49.70 | Telecommunication | 0.8% | 48.4% | |
Car Group | $40.82 | Telecommunication | 2.3% | 46.4% |
ASX 200 Consumer Staples at 52-week lows
All other stocks and sectors at 52-week lows
Ticker | Company | Close | Sector | 1 Week | 1 Year |
|---|---|---|---|---|---|
The Star Entertainment | $0.21 | Discretionary | -4.6% | -60.8% | |
Domino's Pizza | $30.50 | Discretionary | 1.6% | -43.8% | |
Karoon Energy | $1.40 | Energy | 1.5% | -34.2% | |
Paladin Energy | $7.69 | Energy | -20.6% | -26.1% | |
Viva Energy Group | $2.57 | Energy | 0.4% | -14.9% | |
NIB Holdings | $5.73 | Financials | -4.5% | -23.1% | |
Ramsay Health Care | $37.58 | Health Care | -2.2% | -25.0% | |
IPH | $5.16 | Industrials | -3.6% | -24.7% | |
Auckland International Airport | $6.70 | Industrials | 0.6% | -8.1% | |
Iluka Resources | $5.60 | Materials | 4.3% | -23.3% | |
APA Group | $7.10 | Utilities | 6.5% | -14.0% |
