AdminSuite rollouts strengthen FINEOS’ insurance sector footprint
In the September 2024 quarter, FINEOS reported cash receipts from customers of €35.5 million, marking a 23% increase compared to the same period last year.
Read MoreTag: FCL
FCL – Macquarie rates the stock as Outperform
Target price falls to $3.98 from $4.92 to reflect the recent shift in relative valuation and the broker is keeping a wary eye to new client acquisition. Outperform rating retained.
Read MoreFCL – Macquarie rates the stock as Outperform
Macquarie resumes coverage with an Outperform rating and $4.92 target.
Read MoreFCL – Citi rates the stock as Buy
Target is lowered to $5.22 from $5.25 and the Buy is retained.
Read MoreFCL – Macquarie rates the stock as Outperform
Macquarie expects the new contract with American Public Life Insurance will underpin the company’s performance. Outperform rating and $4.63 target retained.
Read MoreFCL – Macquarie rates the stock as Outperform
Macquarie reviews estimates after making comparisons with and concludes the offering from Fineos, supported by ongoing R&D, should position the business appropriately to win new clients and upgrade existing clients to the cloud. Outperform rating and $4.63 target retained.
Read MoreQuality Clientele To Underpin Fineos
As 2020 ended, opposing forces were in play for insurance software provider Fineos Corp, while a quality global customer base is ultimately expected to underpin growth.
Read MoreFCL – Macquarie rates the stock as Outperform
Macquarie has provided an update on Fineos Corp’s September quarter activities.
Read MoreAll Systems Go For FINEOS
FINEOS Corp, the global insurance industry software provider, has hit the ground running on the ASX with a stellar growth outlook.
Read MoreFCL – Macquarie rates the stock as Outperform
FY20 results were in line with the recent update and materially ahead of prospectus. Guidance is for revenue growth of 20% with 30% growth in subscription fees and Macquarie believes the company is positioned to deliver on its forecasts.
Read MoreFuturis: The Drought And The High Dollar
Drought and high dollar were the most repeated words in the half-year profit report for diversified industrial business Futuris (FCL), which posted an 18% fall in underlying profit for the period.
Read MoreFCL Outlook Improves
Rain is having a beneficial impact on the outlook for Futuris Corp, the rural services group which yesterday reported a six per cent rise in interim net profit to $33.1 million from $31.1 million.
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