Brambles Limited ended Tuesday’s session in Sydney at A$18.71, down 1.06%. The ASX-listed logistics company is now nearer its 52-week low at A$16.18 than its high of A$26.93. Google
- Brambles traded between A$18.46 and A$18.95 on Tuesday, with volume at roughly 4.75 million shares. Google
- Brambles bought back 316,926 shares on June 15, according to its most recent filing with the ASX. The shares were repurchased on-market under its current buy-back program. Company Announcements
- Brambles will release full-year results August 20, 2026. Brambles Corporate Site
Brambles shares ended lower again, closing at A$18.71 after falling 20 cents. The stock traded as high as A$18.95 earlier in the session. Trading stayed weak as investors kept selling after last month’s profit downgrade. At the finish, Brambles was valued at about A$25.08 billion, with a P/E of 18.89. The price-to-earnings ratio, often used for valuation, compares share price with earnings per share. Google
Brambles gave more details on its buy-back in June 16 filings to the ASX, saying its earnings outlook is unchanged. Brambles said it spent about A$5.99 million buying 316,926 shares on June 15, paying between A$18.86 and A$18.95 each. The buy-back is done on market, meaning the company buys its own shares through the exchange. That reduces the share count, which can boost earnings per share, but doesn’t change how the business operates. Brambles kept its guidance that the buy-back could go until FY27 and may reach up to US$400 million depending on market conditions, its share price, and what works for holders. Company Announcements
Brambles shares are still under pressure from the May trading update, when it cut FY26 guidance after repair-capacity issues hit some of its US subcontractor service centers. The problems came from high subcontractor turnover, labor shortages, higher pallet-repair standards, and demand beating Brambles’ forecasts. Brambles lowered its constant-currency sales growth outlook to 2%–3% from 3%–4%, and trimmed underlying profit guidance to 3%–5% from 8%–11%. The company said constant-currency numbers strip out exchange-rate swings for a clearer look at results. Brambles estimated the US repair issues would cost earnings about US$60 million and said it aims to buy roughly 2 million pallets in Q4 FY26. CEO Graham Chipchase said it simply: “meeting our customers’ needs is non-negotiable.” ASX Announcements ASX Announcements
Brambles still looks like a cash-heavy logistics player with steady exposure to food, beverage and consumer brands, bulls say. Morningstar kept its A$23 per share fair value after the downgrade and said the stock’s drop looks overblown. Google Finance shows analysts with 5 buys, 6 holds, no sells, and an average 12-month price target of A$21.70. But the bears see real risk if US repair work stays behind—higher transport, repair, and pallet outlays could pile up, and service hiccups could test customer loyalty. Morningstar also flagged longer-run issues like plastic pallets, growing warehouse automation, and losses from broken or missing wood pallets. Morningstar Google
Brambles traded at A$18.71, landing right around the bottom end of analyst 12-month targets at A$18.60 and leaving little downside cushion if US repair headaches continue. The shares don’t look cheap, but they’re not flashing red either. Operational risk stays up. The company reports full-year numbers on August 20, with markets watching to see if pallet shortages are easing, if extra costs are coming down, and if there’s still enough free cash flow to back the buy-back. Free cash flow matters here. It covers dividends, buy-backs, and paying down debt. Google Brambles Corporate Site
