Zip's Net Bad Debts Likely to Come Under Scrutiny -- Market Talk

Dow Jones
04-07

0446 GMT - Investors will be parsing Zip's next trading update for any signs of deterioration in the Australian payments provider's credit quality, Citi analyst Siraj Ahmed reckons. He acknowledges that Zip's U.S. growth momentum has continued and expects a positive March-quarter update, but wonders what some information might be forthcoming about the start of the subsequent quarter. He tells clients in a note that the key investor focus will be April's net bad debts. Citi has a buy rating and A$3.00 target price on the stock, which is down 7.4% at A$1.19. (stuart.condie@wsj.com)

 

(END) Dow Jones Newswires

April 07, 2025 00:46 ET (04:46 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10