PEXA Group Ltd
PXA: XASX (AUS)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|.!n | LOCK|ytq | LOCK|RTw^WX^ |
Pexa Earnings: Guidance Reaffirmed but UK Progress Faces Further Delays
We maintain our AUD 17.25 per share fair value estimate for wide-moat Pexa following its first-quarter update. The exchange reaffirmed its fiscal 2025 guidance but cautioned investors of uncertainties due to the economic outlook in Australia and the United Kingdom. We read the note of caution as a slight softening of prior guidance.
