Upcoming Dividend • Mar 18
Upcoming dividend of NZ$0.053 per share Eligible shareholders must have bought the stock before 25 March 2026. Payment date: 08 April 2026. Payout ratio is a comfortable 54% but the company is not cash flow positive. Trailing yield: 4.3%. Lower than top quartile of New Zealander dividend payers (6.0%). Lower than average of industry peers (5.7%). New Risk • Mar 04
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NZ$167.6m (US$98.7m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Earnings have declined by 22% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NZ$167.6m market cap, or US$98.7m). Reported Earnings • Feb 27
First half 2026 earnings released: EPS: NZ$0.23 (vs NZ$0.21 in 1H 2025) First half 2026 results: EPS: NZ$0.23 (up from NZ$0.21 in 1H 2025). Revenue: NZ$619.4m (up 8.6% from 1H 2025). Net income: NZ$17.3m (up 8.0% from 1H 2025). Profit margin: 2.8% (in line with 1H 2025). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 26
First half dividend increased to NZ$0.053 Dividend of NZ$0.053 is 80% higher than last year. Ex-date: 25th March 2026 Payment date: 8th April 2026 Dividend yield will be 4.3%, which is lower than the industry average of 19%. Sustainability & Growth Dividend is covered by earnings (41% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Earnings per share has grown by 1.7% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Announcement • Jan 19
PGG Wrightson Limited to Report First Half, 2026 Results on Feb 24, 2026 PGG Wrightson Limited announced that they will report first half, 2026 results on Feb 24, 2026 New Risk • Sep 23
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: NZ$169.8m (US$99.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.7x net interest cover). Earnings have declined by 15% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Market cap is less than US$100m (NZ$169.8m market cap, or US$99.6m). Upcoming Dividend • Sep 03
Upcoming dividend of NZ$0.047 per share Eligible shareholders must have bought the stock before 10 September 2025. Payment date: 03 October 2025. Payout ratio is a comfortable 46% but the company is not cash flow positive. Trailing yield: 3.4%. Lower than top quartile of New Zealander dividend payers (5.4%). Lower than average of industry peers (6.4%). Reported Earnings • Aug 13
Full year 2025 earnings released: EPS: NZ$0.14 (vs NZ$0.041 in FY 2024) Full year 2025 results: EPS: NZ$0.14 (up from NZ$0.041 in FY 2024). Revenue: NZ$975.3m (up 6.5% from FY 2024). Net income: NZ$10.7m (up 248% from FY 2024). Profit margin: 1.1% (up from 0.3% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. New Risk • Aug 13
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 3.2% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 14% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Board Change • Aug 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. 2 highly experienced directors. Independent Director Liu Meng was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Jul 31
PGG Wrightson Limited, Annual General Meeting, Oct 14, 2025 PGG Wrightson Limited, Annual General Meeting, Oct 14, 2025. Location: at the sudima christchurch airport hotel, 550 memorial avenue, christchurch New Zealand Announcement • Jul 17
PGG Wrightson Limited to Report Fiscal Year 2025 Results on Aug 12, 2025 PGG Wrightson Limited announced that they will report fiscal year 2025 results at 8:30 AM, NZST - New Zealand Standard on Aug 12, 2025 Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to NZ$2.04, the stock trades at a trailing P/E ratio of 24.5x. Average trailing P/E is 19x in the Food industry in New Zealand. Total loss to shareholders of 48% over the past three years. Upcoming Dividend • Mar 18
Upcoming dividend of NZ$0.029 per share Eligible shareholders must have bought the stock before 25 March 2025. Payment date: 03 April 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of New Zealander dividend payers (6.2%). Lower than average of industry peers (6.4%). New Risk • Mar 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of New Zealander stocks, typically moving 6.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.1x net interest cover). Earnings have declined by 9.3% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.2% average weekly change). Market cap is less than US$100m (NZ$155.5m market cap, or US$88.8m). Reported Earnings • Feb 28
First half 2025 earnings released: EPS: NZ$0.21 (vs NZ$0.17 in 1H 2024) First half 2025 results: EPS: NZ$0.21 (up from NZ$0.17 in 1H 2024). Revenue: NZ$570.3m (up 1.7% from 1H 2024). Net income: NZ$16.0m (up 25% from 1H 2024). Profit margin: 2.8% (up from 2.3% in 1H 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 57% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. New Risk • Feb 25
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 9.3% per year over the past 5 years. Minor Risk Market cap is less than US$100m (NZ$156.3m market cap, or US$89.7m). Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NZ$1.85, the stock trades at a trailing P/E ratio of 45.6x. Average trailing P/E is 14x in the Food industry in New Zealand. Total loss to shareholders of 63% over the past three years. Announcement • Jan 20
PGG Wrightson Limited to Report Q2, 2025 Results on Feb 25, 2025 PGG Wrightson Limited announced that they will report Q2, 2025 results at 8:30 AM, NZST - New Zealand Standard on Feb 25, 2025 Reported Earnings • Aug 13
Full year 2024 earnings released: EPS: NZ$0.041 (vs NZ$0.23 in FY 2023) Full year 2024 results: EPS: NZ$0.041 (down from NZ$0.23 in FY 2023). Revenue: NZ$915.9m (down 6.1% from FY 2023). Net income: NZ$3.06m (down 83% from FY 2023). Profit margin: 0.3% (down from 1.8% in FY 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 7.0% growth forecast for the Food industry in New Zealand. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has only fallen by 20% per year, which means it has not declined as severely as earnings. Announcement • Aug 01
PGG Wrightson Limited, Annual General Meeting, Oct 15, 2024 PGG Wrightson Limited, Annual General Meeting, Oct 15, 2024. Location: sudima christchurch airport hotel, 550 memorial avenue, and, christchurch New Zealand Valuation Update With 7 Day Price Move • Jun 27
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to NZ$1.75, the stock trades at a forward P/E ratio of 37x. Average forward P/E is 12x in the Food industry in New Zealand. Total loss to shareholders of 38% over the past three years. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to NZ$2.31, the stock trades at a forward P/E ratio of 26x. Average forward P/E is 17x in the Food industry in New Zealand. Total loss to shareholders of 12% over the past three years. Reported Earnings • Feb 29
First half 2024 earnings released: EPS: NZ$0.17 (vs NZ$0.28 in 1H 2023) First half 2024 results: EPS: NZ$0.17 (down from NZ$0.28 in 1H 2023). Revenue: NZ$560.9m (down 4.2% from 1H 2023). Net income: NZ$12.7m (down 40% from 1H 2023). Profit margin: 2.3% (down from 3.6% in 1H 2023). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Food industry in New Zealand. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 10% per year. New Risk • Feb 28
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.8x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.8x net interest cover). Minor Risk Profit margins are more than 30% lower than last year (1.0% net profit margin). Buy Or Sell Opportunity • Feb 28
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to NZ$2.63. The fair value is estimated to be NZ$3.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.9% over the last 3 years. Earnings per share has declined by 8.6%. Announcement • Jan 19
PGG Wrightson Limited to Report First Half, 2024 Results on Feb 27, 2024 PGG Wrightson Limited announced that they will report first half, 2024 results on Feb 27, 2024 Upcoming Dividend • Sep 07
Upcoming dividend of NZ$0.12 per share at 5.6% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 03 October 2023. Payout ratio is on the higher end at 95%, and the cash payout ratio is above 100%. Trailing yield: 5.6%. Lower than top quartile of New Zealander dividend payers (6.2%). Lower than average of industry peers (6.4%). Major Estimate Revision • Aug 17
Consensus EPS estimates fall by 43% The consensus outlook for earnings per share (EPS) in fiscal year 2024 has deteriorated. 2024 revenue forecast decreased from NZ$990.2m to NZ$915.3m. EPS estimate also fell from NZ$0.197 per share to NZ$0.113 per share. Net income forecast to shrink 49% next year vs 15% decline forecast for Food industry in New Zealand. Consensus price target down from NZ$4.15 to NZ$3.60. Share price fell 5.6% to NZ$4.04 over the past week. Reported Earnings • Aug 15
Full year 2023 earnings: EPS exceeds analyst expectations Full year 2023 results: EPS: NZ$0.23 (down from NZ$0.32 in FY 2022). Revenue: NZ$975.7m (up 2.4% from FY 2022). Net income: NZ$17.5m (down 28% from FY 2022). Profit margin: 1.8% (down from 2.5% in FY 2022). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 18%. Revenue is forecast to grow 1.7% p.a. on average during the next 2 years, compared to a 6.7% growth forecast for the Food industry in New Zealand. Over the last 3 years on average, earnings per share has increased by 21% per year whereas the company’s share price has increased by 17% per year. Announcement • Aug 12
PGG Wrightson Limited, Annual General Meeting, Oct 25, 2023 PGG Wrightson Limited, Annual General Meeting, Oct 25, 2023, at 21:30 Coordinated Universal Time. Location: Sudima Christchurch Airport Hotel, 550 Memorial Avenue, Christchurch New Zealand Announcement • Jul 24
PGG Wrightson Limited to Report Fiscal Year 2023 Results on Aug 15, 2023 PGG Wrightson Limited announced that they will report fiscal year 2023 results at 8:30 AM, NZST - New Zealand Standard on Aug 15, 2023 Buying Opportunity • May 11
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.6%. The fair value is estimated to be NZ$5.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 1.4% in 2 years. Earnings is forecast to decline by 23% in the next 2 years. Buying Opportunity • Apr 26
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 1.8%. The fair value is estimated to be NZ$5.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 1.4% in 2 years. Earnings is forecast to decline by 23% in the next 2 years. Buying Opportunity • Apr 11
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.5%. The fair value is estimated to be NZ$5.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 1.4% in 2 years. Earnings is forecast to decline by 23% in the next 2 years. Buying Opportunity • Mar 27
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be NZ$5.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.4% over the last 3 years. Earnings per share has grown by 38%. Revenue is forecast to grow by 1.4% in 2 years. Earnings is forecast to decline by 23% in the next 2 years. Upcoming Dividend • Mar 17
Upcoming dividend of NZ$0.14 per share at 6.7% yield Eligible shareholders must have bought the stock before 24 March 2023. Payment date: 04 April 2023. Payout ratio is on the higher end at 92% but the company is not cash flow positive. Trailing yield: 6.7%. Within top quartile of New Zealander dividend payers (6.5%). In line with average of industry peers (7.1%). Major Estimate Revision • Feb 28
Consensus EPS estimates fall by 38% The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate fell from NZ$0.32 to NZ$0.197 per share. Revenue forecast steady at NZ$970.8m. Net income forecast to shrink 35% next year vs 5.8% growth forecast for Food industry in New Zealand . Consensus price target down from NZ$4.60 to NZ$4.15. Share price was steady at NZ$4.30 over the past week. Price Target Changed • Feb 21
Price target decreased by 8.8% to NZ$4.15 Down from NZ$4.55, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of NZ$4.33. Stock is down 19% over the past year. The company is forecast to post earnings per share of NZ$19.70 for next year compared to NZ$0.32 last year. Announcement • Jan 20
PGG Wrightson Limited to Report First Half, 2023 Results on Feb 21, 2023 PGG Wrightson Limited announced that they will report first half, 2023 results on Feb 21, 2023 Announcement • Dec 16
Elders Limited (ASX:ELD) acquired an 11.295% stake in PGG Wrightson Limited (NZSE:PGW) for NZD 37.1 million. Elders Limited (ASX:ELD) acquired an 11.295% stake in PGG Wrightson Limited (NZSE:PGW) for NZD 37.1 million on December 14, 2022.
Elders Limited (ASX:ELD) completed the acquisition of an 11.295% stake in PGG Wrightson Limited (NZSE:PGW) for NZD 37.1 million on December 14, 2022. Macquarie Capital (Australia) Limited acted as financial advisor to Elders Limited. Upcoming Dividend • Sep 01
Upcoming dividend of NZ$0.19 per share Eligible shareholders must have bought the stock before 08 September 2022. Payment date: 03 October 2022. Payout ratio is on the higher end at 93%, and the cash payout ratio is above 100%. Trailing yield: 6.6%. Within top quartile of New Zealander dividend payers (5.8%). In line with average of industry peers (7.2%). Major Estimate Revision • Aug 23
Consensus EPS estimates increase by 20% The consensus outlook for earnings per share (EPS) in 2023 has improved. 2023 revenue forecast increased from NZ$953.0m to NZ$967.0m. EPS estimate increased from NZ$0.27 to NZ$0.32 per share. Net income forecast to shrink 0.8% next year vs 17% growth forecast for Food industry in New Zealand . Consensus price target broadly unchanged at NZ$4.60. Share price was steady at NZ$4.42 over the past week. Reported Earnings • Aug 17
Full year 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Full year 2022 results: EPS: NZ$0.32 (up from NZ$0.30 in FY 2021). Revenue: NZ$952.7m (up 12% from FY 2021). Net income: NZ$24.3m (up 6.9% from FY 2021). Profit margin: 2.5% (down from 2.7% in FY 2021). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) exceeded analyst estimates by 2.5%. Over the next year, revenue is forecast to grow 1.5%, compared to a 17% growth forecast for the Food industry in New Zealand. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Jul 30
PGG Wrightson Limited to Report Fiscal Year 2022 Results on Aug 16, 2022 PGG Wrightson Limited announced that they will report fiscal year 2022 results at 8:30 AM, NZST - New Zealand Standard on Aug 16, 2022 Price Target Changed • Apr 27
Price target increased to NZ$4.85 Up from NZ$4.15, the current price target is provided by 1 analyst. New target price is 17% above last closing price of NZ$4.14. Stock is up 23% over the past year. The company is forecast to post earnings per share of NZ$0.27 for next year compared to NZ$0.30 last year. Upcoming Dividend • Mar 18
Upcoming dividend of NZ$0.16 per share Eligible shareholders must have bought the stock before 25 March 2022. Payment date: 01 April 2022. Payout ratio is on the higher end at 80%, however this is supported by cash flows. Trailing yield: 6.9%. Within top quartile of New Zealander dividend payers (5.4%). Higher than average of industry peers (6.1%). Major Estimate Revision • Mar 01
Consensus forecasts updated The consensus outlook for 2022 has been updated. 2022 EPS estimate increased from NZ$0.24 to NZ$0.27. Revenue forecast steady at NZ$938.3m. Net income forecast to shrink 27% next year vs 18% growth forecast for Food industry in New Zealand . Consensus price target up from NZ$4.15 to NZ$4.85. Share price fell 5.6% to NZ$5.07 over the past week. Reported Earnings • Feb 25
First half 2022 earnings: EPS and revenues exceed analyst expectations First half 2022 results: EPS: NZ$0.30 (up from NZ$0.23 in 1H 2021). Revenue: NZ$552.4m (up 11% from 1H 2021). Net income: NZ$22.5m (up 32% from 1H 2021). Profit margin: 4.1% (up from 3.4% in 1H 2021). Revenue exceeded analyst estimates by 1.1%. Earnings per share (EPS) also surpassed analyst estimates by 38%. Over the next year, revenue is forecast to grow 6.4%, compared to a 19% growth forecast for the industry in New Zealand. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Announcement • Feb 22
Declares Imputed Interim Dividend for the First Half 2022, Payable on 1 April 2022 PGG Wrightson Limited announced the following pleasing performance of the business over the first half the Board declared increased fully imputed interim dividend of 14 cents per share which will be paid on 1 April 2022 to shareholders on PGW's share register as at 5pm on 28 March 2022. Upcoming Dividend • Sep 02
Upcoming dividend of NZ$0.19 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 04 October 2021. Trailing yield: 8.3%. Within top quartile of New Zealander dividend payers (4.8%). Higher than average of industry peers (3.6%). Price Target Changed • Aug 21
Price target increased to NZ$3.38 Up from NZ$2.98, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of NZ$3.52. Stock is up 31% over the past year. Reported Earnings • Aug 19
Full year 2021 earnings released: EPS NZ$0.30 (vs NZ$0.093 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: NZ$847.8m (up 7.6% from FY 2020). Net income: NZ$22.7m (up 225% from FY 2020). Profit margin: 2.7% (up from 0.9% in FY 2020). Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Price Target Changed • Mar 24
Price target increased to NZ$3.07 Up from NZ$2.85, the current price target is an average from 3 analysts. New target price is 8.5% below last closing price of NZ$3.35. Stock is up 98% over the past year. Reported Earnings • Feb 26
First half 2021 earnings released: EPS NZ$0.24 (vs NZ$0.17 in 1H 2020) The company reported a strong first half result with improved earnings, revenues and profit margins. First half 2021 results: Revenue: NZ$499.3m (up 5.3% from 1H 2020). Net income: NZ$18.0m (up 41% from 1H 2020). Profit margin: 3.6% (up from 2.7% in 1H 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 15
New 90-day high: NZ$3.47 The company is up 22% from its price of NZ$2.85 on 16 October 2020. The New Zealander market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NZ$12.14 per share. Is New 90 Day High Low • Dec 29
New 90-day high: NZ$3.34 The company is up 24% from its price of NZ$2.69 on 30 September 2020. The New Zealander market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NZ$12.18 per share. Price Target Changed • Dec 23
Price target raised to NZ$2.85 Up from NZ$2.45, the current price target is an average from 2 analysts. The new target price is 14% below the current share price of NZ$3.32. As of last close, the stock is up 42% over the past year. Major Estimate Revision • Dec 09
Analysts update estimates The 2021 consensus earning per share (EPS) estimate increased from NZ$0.18 to NZ$0.20. Revenue estimate for the same period was approximately flat at NZ$831.5m. Net income is expected to grow by 110% next year compared to 0.2% growth forecast for the Food industry in New Zealand. The consensus price target increased from NZ$2.35 to NZ$2.45. Share price is up 7.8% to NZ$3.19 over the past week. Is New 90 Day High Low • Dec 08
New 90-day high: NZ$3.19 The company is up 17% from its price of NZ$2.72 on 09 September 2020. The New Zealander market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 11% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NZ$10.20 per share. Is New 90 Day High Low • Nov 04
New 90-day high: NZ$2.98 The company is up 8.0% from its price of NZ$2.77 on 06 August 2020. The New Zealander market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Food industry, which is down 17% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NZ$10.16 per share. Price Target Changed • Oct 21
Price target raised to NZ$2.35 Up from NZ$2.08, the current price target is an average from 2 analysts. The new target price is 20% below the current share price of NZ$2.93. As of last close, the stock is up 17% over the past year. Announcement • Oct 20
PGG Wrightson Limited Re-Appoints KPMG as Auditor PGG Wrightson Limited at it's AGM held on October 20, 2020, approved reappointment of KPMG as the company's auditor and authorised the directors to set the auditor's remuneration. Is New 90 Day High Low • Oct 19
New 90-day high: NZ$2.94 The company is up 1.0% from its price of NZ$2.91 on 21 July 2020. The New Zealander market is up 8.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Food industry, which is down 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is NZ$10.06 per share. Announcement • Aug 09
PGG Wrightson Limited to Report Fiscal Year 2020 Results on Aug 18, 2020 PGG Wrightson Limited announced that they will report fiscal year 2020 results on Aug 18, 2020 
