TAH.AX Tabcorp (ASX): A$0.915 close before 25 Feb earnings, margin focus
TAH.AX stock closed at A$0.915 on the ASX as markets shut ahead of Tabcorp Holdings Limited’s earnings announcement on 25 Feb 2026. Trading volume hit 15,261,022 shares, above the 50-day average. Tomorrow’s result is the primary catalyst for short-term direction, with investors focused on wagering margins, Gaming Services cash flow and dividend clarity.
Earnings snapshot: TAH.AX stock
Tabcorp (TAH.AX) lists an earnings release for 25 Feb 2026 and the market priced a 3.39% intraday rise into close. Last reported EPS is A$0.02 and the quoted PE is 43.00. One clear fact: tomorrow’s update can move the stock materially because current valuation already prices modest growth and low earnings cushion.
Financials and valuation: TAH.AX stock metrics
Tabcorp’s market cap is A$1.97B and price-to-sales is 0.82. Price-to-book is 1.57 and dividend yield is 2.33% with payout ratio 0.77. Free cash flow yield is strong at 14.66%. These mixed signals show healthy cash conversion but thin accounting margins and a high payout that reduces flexibility.
Meyka AI grade and valuation view for TAH.AX stock
Meyka AI rates TAH.AX with a score of 62.24 out of 100 — Grade B — Suggestion: HOLD. This grade factors in S&P 500 and sector comparisons, financial growth, key metrics, forecasts and analyst signals. The company rating dated 23 Feb 2026 shows a B- from one provider, highlighting split views between DCF-based upside and near-term operational risk.
Forecasts and price targets: TAH.AX stock outlook
Meyka AI’s forecast model projects a monthly A$0.85, quarterly A$0.97, and yearly A$1.38 target. Versus the close of A$0.915, that implies a monthly downside -7.05%, quarterly upside 6.01%, and yearly upside 50.69%. Conservative target A$0.70 and bull target aligned with three-year model A$2.18 give a practical target range. Forecasts are model-based projections and not guarantees.
Technicals and trading flow: TAH.AX stock signals
Momentum is cautious: RSI 41.05 and MACD roughly neutral. Price sits below the 50-day average A$0.9387 and slightly above the 200-day average A$0.8867, so trend signals are mixed. Intraday range was A$0.885–A$0.935. Average daily volume is 6,251,570; today’s 15,261,022 shows heavier participation into earnings.
Risks and opportunities: TAH.AX stock drivers
Key risks include thin net margin (1.53%), interest coverage 1.53, and negative working capital -A$343.50M. Intangibles are large at 79.08% of assets. Opportunities: strong free cash flow conversion, a low price-to-sales ratio, and recovery in wagering volumes could re-rate the stock if margins improve post-earnings.
Final Thoughts
TAH.AX stock is positioned as a catalyst-driven holding ahead of Tabcorp’s 25 Feb 2026 earnings. The company shows solid free cash flow yield (14.66%) and a modest dividend yield (2.33%), but low margins and tight interest coverage leave little room for disappointment. Meyka AI’s forecast model projects a yearly A$1.38 target, implying +50.69% from the current close of A$0.915. That upside contrasts with shorter-term monthly downside risk to A$0.85. Our view: treat TAH.AX as a tactical hold into earnings, focusing on wagering margin detail, Gaming Services margin recovery and cash conversion. Forecasts are model-based projections and not guarantees. For ongoing quotes and alerts use our AI-powered market analysis platform at Meyka AI
FAQs
When does Tabcorp report earnings and why does it matter for TAH.AX stock?
Tabcorp reports on 25 Feb 2026. The result matters because it will update EPS, wagering margins and cash flow guidance. These items drive short-term price moves for TAH.AX stock and determine if the market re-rates the stock above current multiples.
What are the main valuation metrics for TAH.AX stock?
Key metrics: market cap A$1.97B, PE 43.00, P/S 0.82, P/B 1.57, free cash flow yield 14.66%. These show modest revenue multiple and strong cash flow conversion that support the TAH.AX stock valuation story.
What downside or upside should investors expect after earnings for TAH.AX stock?
Short-term model targets show a monthly downside to A$0.85 (-7.05%) and a yearly upside to A$1.38 (+50.69%). The next-move risk depends on margin detail and dividend commentary, so volatility is likely for TAH.AX stock.
How does Meyka AI rate TAH.AX stock and what does that mean?
Meyka AI rates TAH.AX 62.24/100 (Grade B) with a HOLD suggestion. The grade balances sector and benchmark comparison, financial growth and analyst signals. It is informational and not financial advice for TAH.AX stock decisions.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.