Cleanaway Waste Management Fiscal 2027 Free Cash Flow Inflection Point Guidance Encouraging, Says Jarden

MT Newswires Live04-22 14:53

Cleanaway Waste Management (ASX:CWY) expects that a 'free cash flow inflection point' will arrive in fiscal 2027, which is encouraging and largely congruent with Visible Alpha expectations, according to a Tuesday Jarden note.

The research firm believes that investors are largely taking a "prove it" approach to the improvement in free cash flow to fiscal 2030, which could be demonstrated by the company in the second half of fiscal 2026.

Jarden sees the second half of the fiscal year as a critical juncture for Cleanaway to demonstrate that future organic earnings growth can be supported by strong free cash generation, while delivering forecast dividends.

Jarden maintained a buy rating on Cleanaway Waste Management with a price target of AU$3.10.

The company's shares rose 3% in recent Wednesday trade.

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