S&P/ASX 200 Index shares are up 0.4% to 8,764.6 points on Tuesday.
The Netwealth share price is $19.09, up 1.4% today and down 38% over 12 months.
Despite these strong results, the share price has fallen, most likely and partially in response to a compensation payout of about $101 million to members in the collapsed First Guardian Master Fund.
The shares have fallen from $1.17 on May 1 to trade at 90 cents on September 17.
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Summarized version
S&P/ASX 200 Index shares are up 0.4% to 8,764.6 points on Tuesday.
The report’s most important sentence, shortened and in plain words. How
Headline check
All two things this headline claims are in the report.
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The article, shortened and in plain language
S&P/ASX 200 Index shares are up 0.4% to 8,764.6 points on Tuesday.
Among the 11 market sectors, the technology sector is in the lead today, up 2.3%.
Let's check out some new ratings on ASX shares today.
The Netwealth share price is $19.09, up 1.4% today and down 38% over 12 months.
Dylan Evans from Catapult Wealth has a buy rating on this ASX financial share.
The company's full year 2026 result s continued to deliver strong growth, with the platform's funds under administration increasing 20.3 per cent to $135.7 billion and earnings per share growing 16 per cent to 55.2 cents.
Despite these strong results, the share price has fallen, most likely and partially in response to a compensation payout of about $101 million to members in the collapsed First Guardian Master Fund.
Revenues rose 2% to $1.4 billion, in-line with consensus, while underlying earnings before interest, tax, depreciation and amortisation grew 8% to $259 million, 1% shy of consensus.
The shares have fallen from $1.17 on May 1 to trade at 90 cents on September 17.
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How outlets headlined it
Each outlet's own headline. Struck through: the loaded words our version leaves out. Plainest first.
The Motley Fool AustraliaBuy, hold, sell: Netwealth, Tabcorp, Healius sharesplain
The Motley Fool AustraliaSouth32, Cochlear, Westpac shares: Buy, hold, or sell?plain
The Motley Fool AustraliaWiseTech shares: 3 reasons to buy and 3 reasons to sellplain
The Motley Fool AustraliaHere are the top 10 ASX 200 shares todayplain
The Motley Fool AustraliaUp 98%: Are CSL shares now a buy, hold or sell?plain
The Motley Fool Australia3 for income: I'd buy these ASX shares for dividends todayplain
The Motley Fool Australia2 top ASX shares to buy and hold for the next decadeplain
The Motley Fool AustraliaDown over 50%: 2 ASX shares to buy for global growthplain
The Motley Fool AustraliaWhy I'd buy and hold these ASX passive income shares1 change
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