IDP Education Bear Warns of Pushing Cuts Too Far -- Market Talk

Dow Jones

Jun 22

0119 GMT - IDP Education's bear at Macquarie worries that the student placement provider's cost cuts could stifle its growth if they get much bigger. The Australian company has flagged that its FY 2027 cost reductions will more than offset natural cost inflation. This suggests reductions of up to A$50 million, according to a note from one of the investment bank's analysts. Pushing this to A$60 million would reduce overheads to about 34% of revenue by FY 2028, but potentially constrain growth almost immediately, the note warns. Macquarie keeps an underperform rating on the stock and lowers its target price 2.1% to 2.30 Australian dollars. Shares are down 3.5% at A$2.47. (stuart.condie@wsj.com)

(END) Dow Jones Newswires

June 21, 2026 21:19 ET (01:19 GMT)

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The Australian company has flagged that its FY 2027 cost reductions will more than offset natural cost inflation. This suggests reductions of up to A$50 million, according to a note from one of the investment bank's analysts. Pushing this to A$60 million would reduce overheads to about 34% of revenue by FY 2028, but potentially constrain growth almost immediately, the note warns. Macquarie keeps an underperform rating on the stock and lowers its target price 2.1% to 2.30 Australian dollars. Shares are down 3.5% at A$2.47. 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The Australian company has flagged that its FY 2027 cost reductions will more than offset natural cost inflation. This suggests reductions of up to A$50 million, according to a note from one of the investment bank's analysts. Pushing this to A$60 million would reduce overheads to about 34% of revenue by FY 2028, but potentially constrain growth almost immediately, the note warns. Macquarie keeps an underperform rating on the stock and lowers its target price 2.1% to 2.30 Australian dollars. Shares are down 3.5% at A$2.47. (stuart.condie@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 21, 2026 21:19 ET (01:19 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IEL.AU","symbol_name":"IDP EDUCATION LTD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2645126930","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2645126930","pubTimestamp":1782091140,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0119 GMT - IDP Education's bear at Macquarie worries that the student placement provider's cost cuts could stifle its growth if they get much bigger. The Australian company has flagged that its FY 2027 cost reductions will more than offset natural cost inflation. This suggests reductions of up to A$50 million, according to a note from one of the investment bank's analysts. Pushing this to A$60 million would reduce overheads to about 34% of revenue by FY 2028, but potentially constrain growth almost immediately, the note warns. Macquarie keeps an underperform rating on the stock and lowers its target price 2.1% to 2.30 Australian dollars. Shares are down 3.5% at A$2.47. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"IEL.AU":"IDP EDUCATION LTD","BK7132":"教育服务"},"translate_title":"IDP教育空头警告不要过度削减——市场言论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"IEL.AU":0.9},"content_text":"0119 GMT - IDP Education's bear at Macquarie worries that the student placement provider's cost cuts could stifle its growth if they get much bigger. The Australian company has flagged that its FY 2027 cost reductions will more than offset natural cost inflation. This suggests reductions of up to A$50 million, according to a note from one of the investment bank's analysts. Pushing this to A$60 million would reduce overheads to about 34% of revenue by FY 2028, but potentially constrain growth almost immediately, the note warns. Macquarie keeps an underperform rating on the stock and lowers its target price 2.1% to 2.30 Australian dollars. Shares are down 3.5% at A$2.47. (stuart.condie@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  June 21, 2026 21:19 ET (01:19 GMT)\n\n\n  Copyright (c) 2026 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}