NZ's Fisher & Paykel Healthcare rises on lifting FY outlook

Fisher & Paykel Healthcare

26/11/2025 03:33

Updates

** Shares of Fisher & Paykel Healthcare FPH.NZ advances 4.8% to NZ$38.45, on track for their strongest session since May 30 if gains hold

 ** Stock earlier rose as much as 10.3% to NZ$40.46, marking a record high

** Medical equipment maker upgrades its FY net profit outlook to NZ$410 - NZ$460 mln ($230.34 - $258.43 mln), from a prior range of NZ$390 - NZ$440 mln

** FPH posted H1 net profit after tax of NZ$213 mln, beating FactSet’s NZ$201 mln estimate, as per Jefferies

** We think this is a fairly reassuring print with little to nothing to fuel worries about growth - Citi

 ** Analysts at Morgan Stanley say the upgraded guidance reflects balanced contributions from favourable FX movements along with better-than-expected operational performance

** About 878,752 shares change hands, 1.6x 30-day average of 559,248

** 3 of 11 analysts rate the stock "buy" or higher, 6 "hold" and 2 "sell"; their median PT is A$39 – according to data compiled by LSEG

** Stock down 1% so far this year

($1 = 1.7800 New Zealand dollars)

 (Reporting by Jasmeen Ara Shaikh and Kumar Tanishk in Bengaluru)

 ((Jasmeenaraislam.shaikh@thomsonreuters.com;Tanishk.Kumar@thomsonreuters.com; X: @thatstanishk http://www.x.com/thatstanishk;))