Zip's Growth Initiatives Can Keep Delivering Surprises -- Market Talk

Dow Jones04-17

0204 GMT - Zip can keep positively surprising the market over coming quarters thanks to growth initiatives such as the Australian buy-now-pay-later provider's account product, Ord Minnett analyst Phillip Chippindale tells clients. He sees upside potential from the Zip Plus product, which is aimed at higher-value purchases and charges a monthly fee on outstanding balances. Chippindale writes in a note that he also sees potential for further scale benefits, with Zip having cut net debt, improved cash flows and steadily reduced the overhang from its convertible notes. Ord Minnett raises its target price 44% to A$1.55 and keeps a buy rating on the stock, which is down 2.3% at A$1.1575. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

April 16, 2024 22:04 ET (02:04 GMT)

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.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2428332133?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-17 10:04","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2428332133","market":"fut","top_or_hot":-1,"title":"Zip's Growth Initiatives Can Keep Delivering Surprises -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0204 GMT - <a href=\"https://laohu8.com/S/Z1P.AU\">Zip</a> can keep positively surprising the market over coming quarters thanks to growth initiatives such as the Australian buy-now-pay-later provider's account product, Ord Minnett analyst Phillip Chippindale tells clients. He sees upside potential from the Zip Plus product, which is aimed at higher-value purchases and charges a monthly fee on outstanding balances. Chippindale writes in a note that he also sees potential for further scale benefits, with Zip having cut net debt, improved cash flows and steadily reduced the overhang from its convertible notes. Ord Minnett raises its target price 44% to A$1.55 and keeps a buy rating on the stock, which is down 2.3% at A$1.1575. (stuart.condie@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 16, 2024 22:04 ET (02:04 GMT)\n</p>\n<p>\n  Copyright (c) 2024 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>Zip's Growth Initiatives Can Keep Delivering Surprises -- 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\">\nZip's Growth Initiatives Can Keep Delivering Surprises -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-17 10:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>0204 GMT - Zip can keep positively surprising the market over coming quarters thanks to growth initiatives such as the Australian buy-now-pay-later provider's account product, Ord Minnett analyst ...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1215","symbol_name":"特殊消费者服务","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2428332133","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2428332133","pubTimestamp":1713319440,"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":"0204 GMT - Zip can keep positively surprising the market over coming quarters thanks to growth initiatives such as the Australian buy-now-pay-later provider's account product, Ord Minnett analyst Phillip Chippindale tells clients. He sees upside potential from the Zip Plus product, which is aimed at higher-value purchases and charges a monthly fee on outstanding balances. Chippindale writes in a note that he also sees potential for further scale benefits, with Zip having cut net debt, improved cash flows and steadily reduced the overhang from its convertible notes. Ord Minnett raises its target price 44% to A$1.55 and keeps a buy rating on the stock, which is down 2.3% at A$1.1575. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1215":"特殊消费者服务","03650":"KEEP","ZIP.AU":"Zip Co Ltd","BK7093":"消费信贷"},"translate_title":"Zip的增长计划可以不断带来惊喜——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"03650":1,"ZIP.AU":1},"content_text":"0204 GMT - Zip can keep positively surprising the market over coming quarters thanks to growth initiatives such as the Australian buy-now-pay-later provider's account product, Ord Minnett analyst Phillip Chippindale tells clients. He sees upside potential from the Zip Plus product, which is aimed at higher-value purchases and charges a monthly fee on outstanding balances. Chippindale writes in a note that he also sees potential for further scale benefits, with Zip having cut net debt, improved cash flows and steadily reduced the overhang from its convertible notes. Ord Minnett raises its target price 44% to A$1.55 and keeps a buy rating on the stock, which is down 2.3% at A$1.1575. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 16, 2024 22:04 ET (02:04 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2428332133"}