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Archived articleThis is an archived article from 2018 - please note that any content within the article may be out of date.

4 Leading ASX 200 Stocks – NVT, BPT, XRO, NST

Navitas Limited (ASX: NVT): The provision of pre-university and university programs for domestic and overseas students is being done by NVT. Through its principal University partnership segment, it provides pathway programs to students requiring university education. The company also offers specialized programs in Creative media education, Health and social service education, Professional and industry placement and English language. Based in St Georges Terrace, Perth, Australia, the company was incorporated in 2004. Following the increased demands in Australia, New Zealand, and Canada education business, in FY 18, enrollments grew by 6%, which is boosted by the international students. The group earnings fell by 1% against previous corresponding year while it posted a loss of $55.3 million after tax. Stock was trading at a market price of $4.300 and continued to surge up by 2.625% on August 07, 2018. The stock has seen a performance change of -6.05% over the past 12 months.

Beach Energy Limited (ASX: BPT) is an energy sector company. The company is also engaged in development, production and exploration of hydrocarbons. Beach Energy’s rapid growth in paying down debt has been welcomed by the market, since its $1.585 billion takeover of Lattice energy, the net debt reduced by $221 million, to $639 million. Meanwhile, BPT has completed the acquisition of additional interests in the Otway Gas Project and BassGas from Toyota Tsusho. The stock was trading at a market price of $1.995 and has seen a daily price change of $0.090 and 4.724% on August 07, 2018. The stock has seen a performance change of 188.95% over the past 12 months.

Xero Limited (ASX: XRO) is an information technology company which provides online accounting software to small businesses. Picking up Canadian tech company Hubdoc in a deal worth $94 million AUD is the accounting firm’s largest ever acquisition move. The company has over 1.38 million subscribers in more than 180 countries that are integrated with more than 700 apps. It serves various businesses such as retail, high tech, non-profit, legal, Amazon sellers, hospitality, cafes, start-ups, construction, creatives, e-commerce, small business, healthcare, farming, manufacturing, tourism, and real estate. The company traded at a market price of $44.770, up 2.7% on August 07, 2018. The stock has seen a performance change of 72.91% over the past 12 months.

Northern Star Resources Limited (ASX: NST) is an Australian gold producer with world-class projects that are based on low-cost, high-grade underground gold mines. The company now aims to have a strong asset base at the back of strategic acquisitions exploration to have better mine lives. It has flagged another milestone in gold production after a significant boost in reserves and resources. The company is on track to exceed FY18 guidance of 540,000-560,000oz with production for the June quarter to date of 150,000oz, as it eyed exceeding production beyond 600,000 - 640,000 ounces forecast for 2018-19. The group estimated resources for FY18 at 174 Mn tons at 2.8 grams per ton (gpt) gold for 15.9 Mn ounces of gold while reserves estimation came at 33 Mn tons at 3.8gpt Au for 4.0 Mn ounces. The stock surged 3.32 per cent traded at $7.470 as at August 07, 2018.

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