Weekly | This $23 billion ASX 200 stock rocketed 11% to new all-time highs! Here's why

ASX_Stars
02-16

As of the close on Friday, $S&P/ASX 200(XJO.AU)$ closed at 8,555.80 on Friday, up 0.52% in the past 5 days.

1. $COMPUTERSHARE LTD(CPU.AU)$ +20.70%

  • The soaring stock this week in question is Computershare Ltd, which commands a market cap north of $23.4 billion… and rising. Shares in the financial administration company closed yesterday at $35.96. In morning trade on Wednesday, they just surged 11.5% higher to $40.10.

  • This sees the ASX 200 stock up 60.1% since this time last year, not including dividends. It also marks a new all-time high for the Computershare share price.

  • The Computershare share price is surging following the release of the ASX 200 stock's half-year results for the six months to 31 December (1H FY 2025).

  • Highlights included a 6.4% year-on-year increase in management revenue to $1.5 billion. Computershare reported recurring fee revenue and transaction revenue growth across all its core business lines.

2. $NINE ENTERTAINMENT CO HOLDIN(NEC.AU)$ +15.89%

  • The Nine Entertainment share price is up over 10% to $1.42. This is despite the AU media share not releasing its results this week. These results are expected to be unveiled in a couple of weeks on 25 February.

  • t is important to understand the ownership structure of the business. And the group that holds the biggest piece of the pie are institutions with 61% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company.

  • Institutional investors would probably welcome last week's 16% increase in the share price after a year of 15% losses as a sign that returns may to begin trending higher.

3. $CHARTER HALL SOCIAL INFRASTR(CQE.AU)$ +12.36%

  • In a remarkable twist on the AU 200 stage, the Charter Hall Social Infrastructure REIT is captivating investors with a stellar leap, currently soaring by 10.1% to $2.84. This real estate investment trust focuses on essential sectors like childcare, healthcare, and transport, positioning itself as a cornerstone of community services.

  • The surge follows the recent unveiling of its half-year results, revealing a 3.7% dip in operating earnings to $28.5 million. However, a silver lining emerged with a solid 3.2% increase in like-for-like net property income, reaching $51.6 million. Amidst challenges, the performance of its expansive $2.1 billion property portfolio—with an impressive 100% occupancy rate—demonstrates its resilience.

    Management initiatives hint at a brighter future, as plans for a $25 million on-market buyback could bolster investor confidence. The REIT’s strategy aims to tap into thriving social infrastructure, with anticipated increases in rental income following recent market rent reviews that marked a 16.4% surge on 15 properties.

4. $Light & Wonder Inc(LNW.AU)$ +11.31%

  • Light & Wonder has announced the promotion of Nathan Drane to chief product officer (CPO) as it brings all game creation under one department. Drane has been serving as chief product officer specifically for the gaming business for the last year. He joined the company in 2021. Light & Wonder’s former CPO, Rich Schneider, will continue to contribute to the company’s product innovation and strategy as a senior advisor.

  • Matt Wilson, president and CEO of Light & Wonder, said: “I’ve personally worked with Nathan for many years, and I couldn’t be happier for him to share his leadership and vision with the entire enterprise. He has already been working with many across the business on our cross-platform strategy and has a clear and aggressive content roadmap that will ensure our continued success, positioning us for growth in the near and long term.”

5. $CHAMPION IRON LTD(CIA.AU)$ +10.00%

  • Shares of Champion Iron Limited crossed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of C$5.21 and traded as low as C$5.15. Champion Iron shares last traded at C$5.21, with a volume of 340,758 shares trading hands.

  • Several equities research analysts have commented on the company. Citigroup raised Champion Iron to a "strong-buy" rating in a report on Sunday, January 19th. Raymond James set a C$8.00 price objective on Champion Iron and gave the company an "outperform" rating in a research report on Thursday, January 2nd.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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