Tourism Holdings on Road to Recovery -- Market Talk

Dow Jones08-26

0102 GMT - Tourism Holdings has had two bad years, but Forsyth Barr doesn't expect three in a row. Tourism Holdings's key challenge of late has been the economic cycle. It's exposed to demand for vehicle sales, which was in a deep trough through FY 2025. "Fortunately, current strong rentals demand and Tourism Holdings's inherent operating leverage should enable a strong recovery," analyst Andy Bowley says. Forsyth Barr pares its FY 2026 net profit forecast by 9% to NZ$50.3 million, although this is materially higher than consensus expectations. It says a medium-term profit goal of NZ$100 million is realistic. "With Tourism Holdings trading at an undemanding 9x one-year forward PE, earnings momentum towards this goal will likely be rewarded, but investors may need to be patient," the bank says.(david.winning@wsj.com; @dwinningWSJ)

(END) Dow Jones Newswires

August 25, 2025 21:02 ET (01:02 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.

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/2562272519?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-08-26 09:02","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2562272519","market":"us","top_or_hot":-1,"title":"Tourism Holdings on Road to Recovery -- Market Talk","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0102 GMT - Tourism Holdings has had two bad years, but Forsyth Barr doesn't expect three in a row. Tourism Holdings's key challenge of late has been the economic cycle. It's exposed to demand for vehicle sales, which was in a deep trough through FY 2025. \"Fortunately, current strong rentals demand and Tourism Holdings's inherent operating leverage should enable a strong recovery,\" analyst Andy Bowley says. Forsyth Barr pares its FY 2026 net profit forecast by 9% to NZ$50.3 million, although this is materially higher than consensus expectations. It says a medium-term profit goal of NZ$100 million is realistic. \"With Tourism Holdings trading at an undemanding 9x one-year forward PE, earnings momentum towards this goal will likely be rewarded, but investors may need to be patient,\" the bank says.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 25, 2025 21:02 ET (01:02 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>Tourism Holdings on Road to Recovery -- 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\">\nTourism Holdings on Road to Recovery -- 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\">2025-08-26 09:02</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0102 GMT - Tourism Holdings has had two bad years, but Forsyth Barr doesn't expect three in a row. Tourism Holdings's key challenge of late has been the economic cycle. It's exposed to demand for vehicle sales, which was in a deep trough through FY 2025. \"Fortunately, current strong rentals demand and Tourism Holdings's inherent operating leverage should enable a strong recovery,\" analyst Andy Bowley says. Forsyth Barr pares its FY 2026 net profit forecast by 9% to NZ$50.3 million, although this is materially higher than consensus expectations. It says a medium-term profit goal of NZ$100 million is realistic. \"With Tourism Holdings trading at an undemanding 9x one-year forward PE, earnings momentum towards this goal will likely be rewarded, but investors may need to be patient,\" the bank says.(david.winning@wsj.com; @dwinningWSJ) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  August 25, 2025 21:02 ET (01:02 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":"BK8076","symbol_name":"旅客陆运","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2562272519","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2562272519","pubTimestamp":1756170120,"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":"0102 GMT - Tourism Holdings has had two bad years, but Forsyth Barr doesn't expect three in a row. Tourism Holdings's key challenge of late has been the economic cycle. It's exposed to demand for vehicle sales, which was in a deep trough through FY 2025. \"Fortunately, current strong rentals demand and Tourism Holdings's inherent operating leverage should enable a strong recovery,\" analyst Andy Bowley says. Forsyth Barr pares its FY 2026 net profit forecast by 9% to NZ$50.3 million, although this is materially higher than consensus expectations. It says a medium-term profit goal of NZ$100 million is realistic. \"With Tourism Holdings trading at an undemanding 9x one-year forward PE, earnings momentum towards this goal will likely be rewarded, but investors may need to be patient,\" the bank says.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK8076":"旅客陆运","BK8056":"陆运","THL.NZ":"Tourism Holdings Limited Ordinary Shares"},"translate_title":"旅游控股走上复苏之路——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"THL.NZ":0.9},"content_text":"0102 GMT - Tourism Holdings has had two bad years, but Forsyth Barr doesn't expect three in a row. Tourism Holdings's key challenge of late has been the economic cycle. It's exposed to demand for vehicle sales, which was in a deep trough through FY 2025. \"Fortunately, current strong rentals demand and Tourism Holdings's inherent operating leverage should enable a strong recovery,\" analyst Andy Bowley says. Forsyth Barr pares its FY 2026 net profit forecast by 9% to NZ$50.3 million, although this is materially higher than consensus expectations. It says a medium-term profit goal of NZ$100 million is realistic. \"With Tourism Holdings trading at an undemanding 9x one-year forward PE, earnings momentum towards this goal will likely be rewarded, but investors may need to be patient,\" the bank says.(david.winning@wsj.com; @dwinningWSJ) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  August 25, 2025 21:02 ET (01:02 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":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"},"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":"4.35.9","shortVersion":"4.35.9","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/2562272519","isCrawlerRequest":true}