REH.ASX: 18 Sep, 2024 - Elliott Wave The Bull Market© Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M.
Wave ((iii))-navy is unfolding to push higher, targeting the high at 32.49, while price must remain above 25.11 to maintain this view.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
0.65 AUD
419.17 M AUD
9.10 B AUD
288.55 M
About REECE LIMITED
Sector
Industry
CEO
Peter John Wilson
Website
Headquarters
Cremorne
Founded
1920
ISIN
AU000000REH4
FIGI
BBG000BB8QY9
Reece Ltd. engages in supplying plumbing, bathroom, heating, ventilation, air-conditioning, waterworks and refrigeration products to customers in the trade, retail and commercial markets. The firm operates through the following geographical segments: Australia and New Zealand, and United States. The company was founded in 1920 and is headquartered in Cremorne, Australia.
REH.ASX: 28 AUG, 2024 Master of Elliott Waves: Hua (Shane) Cuong, CEWA-M.
Wave ((iii))-navy is unfolding to push higher, targeting the high at 32.49, while price must remain above 25.11 to maintain this view.
Invalidation point: 25.11
ASX - REH: 1 MAY, 2024 © Master of Elliott Wave Analysis: Hua (Shane) Cuong, CEWA-M.
Details: The short-term outlook indicates that Wave (iv)-purple has ended as expected, and wave (v)-purple is being opened to push higher. It is targeting a goal of 31.10 while maintaining a price above 25.87 is advantageous and provides
(ASX) REH - REECE LIMITED || March 10, 2024(XNJ): INDUSTRIALS SECTOR
(ASX): REH - REECE LIMITED || March 10, 2024
Master of Elliott Wave Analysis: Shane Hua (CEWA-M).
(Left chart): The broad context (1D chart) indicates that wave 2-red has bottomed out at a low of 17.10, followed by wave 3-red (not displayed on the chart) unfolding with wav
REECE LIMITED - Time for a big dump? After A Nice year long bull run for REECE LIMITED, The bulls look to be taking profits and REECE LIMITED Looks to be running out of steam...
A 12 Month Cycle with 170% Gains the weekly RSI In heavily overbought territory.
I Feel we will start to see the the remarkable gains since the Covid Lows dim
Australias Reece Oversold on Earnings.REH or Reece also took a big hit with earnings. Looks oversold down 20% off its highs so around 30% to recover if it resumes its upward trend.
Earnings headlines didn't look too bad. Analysts were looking for more...
Reece FY Revenue Rose 4% To A$ 6.271 Billion
* FY REVENUE ROSE 4 PERCENT TO A$
Making Higher Highs: ASX Stock Reece Having a Great Run Aussie company Reece has been having a great run over the last 12 months continually making higher highs through the year to be up just under 150% in price - while still a low $20 stock.
The Australian building boom doesn't look like it will slow down any time soon, so Reece could be well worth a w
REH - WatchingEarly days and need more conviction.
Bullish falling wedge needs more expansion in volume.
ASX:REH
ASX:REH - Some good signs for Reece #trading #investors #investLooking at the weekly chart, Reece could be hitting the bottom of an Elliot correction wave.
MACD is leveling off, but still below the zero, so it could still get a little lower.
A quality stock to watch.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of REH is 23.80 AUD — it has increased by 2.23% in the past 24 hours. Watch REECE LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on ASX exchange REECE LIMITED stocks are traded under the ticker REH.
REH stock has risen by 4.57% compared to the previous week, the month change is a −11.39% fall, over the last year REECE LIMITED has showed a 24.09% increase.
We've gathered analysts' opinions on REECE LIMITED future price: according to them, REH price has a max estimate of 28.40 AUD and a min estimate of 18.00 AUD. Watch REH chart and read a more detailed REECE LIMITED stock forecast: see what analysts think of REECE LIMITED and suggest that you do with its stocks.
REH stock is 3.33% volatile and has beta coefficient of 1.72. Track REECE LIMITED stock price on the chart and check out the list of the most volatile stocks — is REECE LIMITED there?
Today REECE LIMITED has the market capitalization of 15.37 B, it has decreased by −6.54% over the last week.
Yes, you can track REECE LIMITED financials in yearly and quarterly reports right on TradingView.
REECE LIMITED is going to release the next earnings report on Feb 27, 2025. Keep track of upcoming events with our Earnings Calendar.
REH earnings for the last half-year are 0.30 AUD per share, whereas the estimation was 0.30 AUD, resulting in a −1.48% surprise. The estimated earnings for the next half-year are 0.29 AUD per share. See more details about REECE LIMITED earnings.
REECE LIMITED revenue for the last half-year amounts to 4.57 B AUD, despite the estimated figure of 4.53 B AUD. In the next half-year revenue is expected to reach 4.32 B AUD.
REH net income for the last half-year is 195.54 M AUD, while the previous report showed 223.63 M AUD of net income which accounts for −12.56% change. Track more REECE LIMITED financial stats to get the full picture.
REECE LIMITED dividend yield was 1.02% in 2024, and payout ratio reached 39.66%. The year before the numbers were 1.35% and 41.65% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 10, 2024, the company has 9.00 K employees. See our rating of the largest employees — is REECE LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. REECE LIMITED EBITDA is 998.76 M AUD, and current EBITDA margin is 10.98%. See more stats in REECE LIMITED financial statements.
Like other stocks, REH shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade REECE LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So REECE LIMITED technincal analysis shows the sell today, and its 1 week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating REECE LIMITED stock shows the buy signal. See more of REECE LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.