Temple & Webster Bears Admit They Might Be Wrong -- Market Talk

Dow Jones

Feb 17, 2025

0013 GMT - Temple & Webster's new bears at UBS admit they might be wrong to say that the Australian furniture retailer's shares are due to fall. UBS analysts cut their rating on the stock to sell from neutral on what they say was an overdone positive price reaction to a decent first-half result and slightly softer-than-expected start to the June half. They write in a note that they cannot justify Temple & Webster's elevated revenue multiple relative to its peers. That said, they admit that investors may be more interested in price momentum than valuation metrics. They also acknowledge the company's strong balance sheet and the potential for interest-rate cuts to stimulate consumer demand. UBS lifts its target price on the stock by 31% to A$15.50. Shares are down 0.9% at A$17.88. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

February 16, 2025 19:13 ET (00:13 GMT)

At the request of the copyright holder, you need to log in to view this content

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.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/2512965486"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"2512965486\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/2512965486?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-02-17 08:13","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2512965486","market":"hk","top_or_hot":-1,"title":"Temple & Webster Bears Admit They Might Be Wrong -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0013 GMT - Temple &amp; Webster's new bears at UBS admit they might be wrong to say that the Australian furniture retailer's shares are due to fall. UBS analysts cut their rating on the stock to sell from neutral on what they say was an overdone positive price reaction to a decent first-half result and slightly softer-than-expected start to the June half. They write in a note that they cannot justify Temple &amp; Webster's elevated revenue multiple relative to its peers. That said, they admit that investors may be more interested in price momentum than valuation metrics. They also acknowledge the company's strong balance sheet and the potential for interest-rate cuts to stimulate consumer demand. UBS lifts its target price on the stock by 31% to A$15.50. Shares are down 0.9% at A$17.88. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2025 19:13 ET (00:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Temple & Webster Bears Admit They Might Be Wrong -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTemple & Webster Bears Admit They Might Be Wrong -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-02-17 08:13</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0013 GMT - Temple &amp; Webster's new bears at UBS admit they might be wrong to say that the Australian furniture retailer's shares are due to fall. UBS analysts cut their rating on the stock to sell from neutral on what they say was an overdone positive price reaction to a decent first-half result and slightly softer-than-expected start to the June half. They write in a note that they cannot justify Temple &amp; Webster's elevated revenue multiple relative to its peers. That said, they admit that investors may be more interested in price momentum than valuation metrics. They also acknowledge the company's strong balance sheet and the potential for interest-rate cuts to stimulate consumer demand. UBS lifts its target price on the stock by 31% to A$15.50. Shares are down 0.9% at A$17.88. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 16, 2025 19:13 ET (00:13 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7107","symbol_name":"家庭装饰零售","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2512965486","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2512965486","pubTimestamp":1739751180,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0013 GMT - Temple & Webster's new bears at UBS admit they might be wrong to say that the Australian furniture retailer's shares are due to fall. UBS analysts cut their rating on the stock to sell from neutral on what they say was an overdone positive price reaction to a decent first-half result and slightly softer-than-expected start to the June half. They write in a note that they cannot justify Temple & Webster's elevated revenue multiple relative to its peers. That said, they admit that investors may be more interested in price momentum than valuation metrics. They also acknowledge the company's strong balance sheet and the potential for interest-rate cuts to stimulate consumer demand. UBS lifts its target price on the stock by 31% to A$15.50. Shares are down 0.9% at A$17.88. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7107":"家庭装饰零售","WBS":"韦伯斯特金融","TPW.AU":"TEMPLE & WEBSTER GROUP LTD","BK4211":"区域性银行","BK7049":"互联网与直销零售"},"translate_title":"天普韦伯斯特空头承认他们可能错了——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TPW.AU":0.9,"WBS":1},"content_text":"0013 GMT - Temple & Webster's new bears at UBS admit they might be wrong to say that the Australian furniture retailer's shares are due to fall. UBS analysts cut their rating on the stock to sell from neutral on what they say was an overdone positive price reaction to a decent first-half result and slightly softer-than-expected start to the June half. They write in a note that they cannot justify Temple & Webster's elevated revenue multiple relative to its peers. That said, they admit that investors may be more interested in price momentum than valuation metrics. They also acknowledge the company's strong balance sheet and the potential for interest-rate cuts to stimulate consumer demand. UBS lifts its target price on the stock by 31% to A$15.50. Shares are down 0.9% at A$17.88. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  February 16, 2025 19:13 ET (00:13 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}