2 under-the-radar ASX 200 shares leaping higher on key updates

MotleyFool05-08

Two under-the-radar S&P/ASX 200 Index (ASX: XJO) shares are enjoying a strong run today after releasing some key market updates. Shares in ASX 200 4×4 accessories manufacturer ARB Corp Ltd (ASX: ARB) ...

Source Link

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/2433764335?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-05-08 10:27","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2433764335","market":"us","top_or_hot":-1,"title":"2 under-the-radar ASX 200 shares leaping higher on key updates","media":"MotleyFool","content":"<div>\n<p>Two under-the-radar S&P/ASX 200 Index (ASX: XJO) shares are enjoying a strong run today after releasing some key market updates.\nShares in ASX 200 4×4 accessories manufacturer ARB Corp Ltd (ASX: ARB) ...</p>\n\n<a href=\"https://www.fool.com.au/2024/05/08/2-under-the-radar-asx-200-shares-leaping-higher-on-key-updates/\">Source Link</a>\n\n</div>\n","source":"motleyfoolau_stock","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>2 under-the-radar ASX 200 shares leaping higher on key updates</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\">\n2 under-the-radar ASX 200 shares leaping higher on key updates\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-05-08 10:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2024/05/08/2-under-the-radar-asx-200-shares-leaping-higher-on-key-updates/><strong>MotleyFool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Two under-the-radar S&P/ASX 200 Index (ASX: XJO) shares are enjoying a strong run today after releasing some key market updates.\nShares in ASX 200 4×4 accessories manufacturer ARB Corp Ltd (ASX: ARB) ...</p>\n\n<a href=\"https://www.fool.com.au/2024/05/08/2-under-the-radar-asx-200-shares-leaping-higher-on-key-updates/\">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":"ARB.AU","symbol_name":"ARB CORP LTD","start_time":0,"source_url":"https://www.fool.com.au/2024/05/08/2-under-the-radar-asx-200-shares-leaping-higher-on-key-updates/","article_id":"2433764335","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2433764335","pubTimestamp":1715135277,"sourceInfo":{"source_id":"motleyfoolau_stock","name":"MotleyFool"},"weMediaInfo":null,"summary":"Two under-the-radar S&P/ASX 200 Index  shares are enjoying a strong run today after releasing some key market updates.Shares in ASX 200 4×4 accessories manufacturer ARB Corp Ltd  closed yesterday trading for $38.66. In earlier trade today shares were trading for $39.78, up 2.9%.The ARB share price has since given back some of those gains, currently up 1.2% at $39.11 a share.The other stock enjoying a strong run on Wednesday is specialist insurance provider AUB Group Ltd .The AUB share price closed yesterday at $29.36. At the time of writing, shares are up 2.3%, swapping hands for $30.04 apiece.Here's what's stoking investor interest in these ASX 200 shares today.The ASX 200 share said that due to favourable trading momentum, it expects FY 2024 underlying net profit after tax  to come in near the top end of its previously forecast range of 161 million to 171 million.As for ARB, the ASX 200 share looks to be getting a lift from the company's presentation at the Macquarie Conference today","collect":0,"end_time":0,"defaultTopTitle":"fool.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"ARB.AU":"ARB CORP LTD","AUB.AU":"AUB GROUP LTD","BK7101":"保险经纪商","BK7051":"机动车零配件与设备","XJO.AU":"标普/澳交所 200指数"},"translate_title":"2低调的ASX 200股因关键更新而跃升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ARB.AU":1,"AUB.AU":1,"XJO.AU":1},"content_text":"Two under-the-radar S&P/ASX 200 Index (ASX: XJO) shares are enjoying a strong run today after releasing some key market updates.\nShares in ASX 200 4×4 accessories manufacturer ARB Corp Ltd (ASX: ARB) closed yesterday trading for $38.66. In earlier trade today shares were trading for $39.78, up 2.9%.\nThe ARB share price has since given back some of those gains, currently up 1.2% at $39.11 a share.\nThe other stock enjoying a strong run on Wednesday is specialist insurance provider AUB Group Ltd (ASX: AUB).\nThe AUB share price closed yesterday at $29.36. At the time of writing, shares are up 2.3%, swapping hands for $30.04 apiece.\nHere's what's stoking investor interest in these ASX 200 shares today.\nWhat's lifting the AUB share price?\nThe AUB share price is leaping higher today after the company provided some promising profit guidance.\nThe ASX 200 share said that due to favourable trading momentum, it expects FY 2024 underlying net profit after tax (NPAT) to come in near the top end of its previously forecast range of 161 million to 171 million.\nAmong the assumptions backing this guidance is that interest rates will remain unchanged over the period in its key operating jurisdictions.\nThe company's group of retail and wholesale insurance brokers and underwriting agencies operate in around 570 locations globally.\nThe AUB share price is up 13% over 12 months.\nASX 200 share higher following Macquarie Conference presentation\nAs for ARB, the ASX 200 share looks to be getting a lift from the company's presentation at the Macquarie Conference today.\nAtop reporting on the company's historic growth trajectory and recent new store openings, CEO Lachlan McCann said sales revenue in Q3 FY 2024 was up 6.4% year on year. Total sales over the nine months to March were up 2.1%.\nAs for the outlook, the company said that its aftermarket order book \"remains strong\". And its export order book was said to be \"trending positively\", with ARB achieving export sales growth of 2.1% in Q3 FY 2024.\nThe ASX 200 share also expects sales to original equipment manufacturers (OEMs) will keep growing in FY 2024 and into FY 2025 based on contracts it already has in place.\nARB could also receive some ongoing tailwinds, with new vehicle supply and lead times improving across the world.\nIn the quarter just past, the company reported sales growth across each of its Australian aftermarket, export, and OEM sales channels.\nAnd McCann said the outlook is \"trending positively, with favourable trading conditions expected to continue\" into the first half of FY 2025.\nWith today's intraday boost factored in, the ASX 200 share is up 20% over 12 months.","kind":null,"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":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":"4.29.1","shortVersion":"4.29.1","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/2433764335"}