Analysts at Citi and Jefferies anticipate a slight increase for Australian medical diagnostics firm Sonic Healthcare (ASX:SHL)’s earnings post 2025.

The financial analysts project that the company may bolster its earnings with new business acquisitions and persistent growth from its existing business, even as the profit spike from the COVID-era begins to dwindle.

Sonic Healthcare reported a 53% drop in FY23 net profit to A$685 million, with its COVID-19 related revenue plummeting by 80% to A$485 million.

From FY19 to FY24, Jefferies foresees a 3.7% compound annual growth rate for the company’s revenue.

Jefferies has decided to lower their price target to A$34.50 from A$36.60 due to a bleak outlook on health comparable multiples but maintains a ‘hold’ stance.

Citi has also reduced their price target to A$38.00 from A$40.50 but continues to support a ‘buy’ rating.

Citi speculates that potential benefits from the application of artificial intelligence and growth in the radiology sector may buoy Sonic Healthcare’s earnings in FY25 and beyond.

Out of 18 analysts, seven rate Sonic Healthcare as a ‘buy’ or higher, four assign it a ‘hold’ status and seven suggest a ‘sell’ or lower; their median price target being A$35.45.

Sonic Healthcare is an Australian medical diagnostics company specializing in pathology, radiology, and clinical services.

Citi analysts have boosted their rating on Australia’s Beacon Lighting (ASX:BLX) to ‘buy’, up from ‘neutral’, citing positive longer-term growth prospects.

Alongside this upgrade, the price target has been raised to A$2.10 per share, up from A$1.73 a year ago.

With a more positive outlook on the company’s trade business, the brokerage sees the potential for increased sales in fiscal year 2024, propelled by the company’s escalating investment in marketing.

According to Refinitiv data, out of six analysts, the stock has a ‘buy’ rating from three, while the rest hold a ‘neutral’ stance.

The median price target among these analysts stands at A$2.15.

Unfortunately, the stock has seen a decline of 15.5% in value this year as of the last close.

Beacon Lighting is a premier lighting company in Australia, specializing in the design, manufacture, and sale of lighting products and accessories.

Platinum Capital recently reported a significant rise in its FY total revenue and other income, up by 392% to A$60.6 million.

The company posted a notable net profit of A$37.9 million.

Additionally, it has elected to distribute a fully franked final dividend of 3 AU cents per share.

Platinum Capital is a financial services company that focuses on investment management.

Pwr Holdings (ASX:PWR) has announced a fully franked final dividend of 8.90 Australian cents per share.

This final dividend was officially declared and thereby marks the final distribution of PWR’s profits to its shareholders.

Pwr Holdings (ASX:PWR) is a leader in the design and manufacturing of high performance cooling solutions.

Shares of Atlantic Lithium (ASX:ALLA), listed in London, have seen a significant increase, jumping as high as 8% to 22.45p.

Atlantic Lithium, an African-focused lithium exploration and development company, announced that its partner, Piedmont Lithium (ASX:PLL), will be aiding in the development of the Ewoyaa Lithium Project in Ghana, pushing it further towards production.

Piedmont Lithium has executed its option to purchase an initial 22.5% stake in Atlantic Lithium’s Ghana portfolio.

It has been stated by the company that Piedmont will be the sole funder of the first $70 million, and 50% of any additional development expenditure, towards the total $185 million development expenditure.

This is to earn a complete 50% stake in Atlantic Lithium’s share of the Ghana portfolio.

Currently, Atlantic Lithium’s stock is up 3.5%, reducing year-to-date losses to approximately 42%.

Post-script: Atlantic Lithium (ASX:ALLA) is a lithium exploration and development firm focused on Africa.

Diversified United Investment (ASX:DUI) recently disclosed that its FY statutory profit after tax was reported at A$42.8 million.

This figure represents a 6.5% decrease from the previous year.

However, the company’s FY revenue from its operating activities increased by 7.7%, amounting to A$53.0 million.

Diversified United Investment is a company that operates within the financials, non-gold precious metals and minerals, banking and investment services, and mineral resources industries.

Shares of Lunnon Metals (ASX:LM8) saw a drop of as much as 9.2% to A$0.89, marking its largest intraday percentage decline since mid-October last year.

The company’s stock hit its lowest level since July 24.

Lunnon Metals (ASX:LM8), which is a nickel sulphide mining enterprise, has confirmed firm commitments to generate A$18 million through the placement of 20 million shares.

The offer price of A$0.90 per share showcases an 8.16% discount to the closing price of A$0.980 recorded last.

The funds which are expected to be raised will be allocated towards the discovery programs for the company’s projects in south-southeast Kalgoorlie.

As of the latest reports, approximately 215,400 shares have been traded, which is significantly more than the 30-day average of 106,000 shares.

The company’s stock has seen an increase of 9.5% this year, as recorded at the last closure.

Lunnon Metals (ASX:LM8) is a nickel sulphide mining enterprise, with primary operations in the south-southeast of Kalgoorlie.

Shares of Pointerra (ASX:3DP) plummeted by as much as 11.11% to A$0.12, reaching its lowest mark since May 4.

The significant downfall experienced by the stock turned out to be the sternest intraday percent drop off since August 1.

Pointerra, the 3D tech solutions firm, secured firm commitments to raise A$2 million through placement of 16.7 million new fully paid ordinary shares.

The offer price, marked at $0.12 per share, indicates an 11.1% discount to the stock’s last closing price on August 14.

The funds raised are set to be directed towards the development of resources in the company’s US market.

It’s worth noting that about 1.4 million shares have changed hands, contrasting with the 30-day average of 2.3 million shares.

The stock has nosedived 27% this year up until its last close.

Pointerra is a 3D tech solutions company that offers solutions for managing, sharing and visualizing 3D point cloud data.

Shares in Seven Group Holdings (ASX:SVW) rose as much as 4.3% to A$27.44, hitting an all-time record high.

The investment company announced their underlying fiscal year 2023 net profit after tax (NPAT) of A$654 million, an increase of 3.9% compared to the prior year.

This led to its largest intraday percentage gain since July 13.

The company also announced a high single to low double-digit earnings before interest and tax (EBIT) growth prediction for their industrial services segment in fiscal year 2024.

At the group level, they project high single-digit EBIT growth for that same period.

Last reported, Seven Group Holdings showed a year-to-date increase of 25.5%.

Seven Group Holdings is an investment company with a diversified portfolio, focusing in large part on the industrial services sector.

Goodman Group (ASX:GMG) saw a rise in its shares by as much as 4.8% to A$20.69, marking their highest levels since August 1.

The property manager reported a 17% growth in its FY23 operating profit, reaching A$1.78 billion.

Furthermore, the company predicted an operating EPS of 102.9 Au cents for FY24, showing a 9% increase from FY23.

Optimistic about the upcoming FY24, Goodman Group announced a final dividend of 15 Au cents per share for FY23.

The company’s stock value has experienced an upward growth of 13.8% year-to-date, as of the last close.

Goodman Group is a globally integrated property group focusing on owning, developing, and managing industrial real estate.