Australian Clinical Labs Ltd (ASX: ACL) Share Price and News

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Australian Clinical Labs Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $728.73 million
P/E Ratio 28.83
Dividend Yield 3.47%
Shares Outstanding 200.75 million
Earnings per share 0.120
Dividend per share 0.18
Year To Date Return 23.88%
Earnings Yield 3.47%
Franking 100%
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as at 24 Feb 3:44pm

  • Australian Clinical Labs Ltd (ASX: ACL)
    Latest News

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    Why ANZ, Australian Clinical Labs, Core Lithium, and Kogan are sinking today

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    Share Gainers

    Why Australian Clinical Labs, Lake Resources, PolyNovo, and ResApp are rising

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    Why these 3 ASX healthcare shares could get a boost from the federal budget

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    Earnings Results

    Australian Clinical Labs (ASX:ACL) share price falls despite tripling profits and beating guidance

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    Top broker just rated these 3 ASX shares as buys

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    Frequently Asked Questions

    Yes, Australian Clinical Labs has historically paid two fully franked shareholder dividends a year.

    Australian Clinical Labs generally pays its shareholder dividends in April and September.

    Australian Clinical Labs Ltd listed on the ASX on 14 May 2021.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    04 Sep 2024 $0.0900 100.00% Final 27 Sep 2024
    28 Mar 2024 $0.0300 100.00% Interim 26 Apr 2024
    27 Mar 2023 $0.0700 100.00% Interim 26 Apr 2023
    23 Aug 2022 $0.4100 100.00% Final 15 Sep 2022
    25 Mar 2022 $0.1200 100.00% Interim 21 Apr 2022

    ACL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Australian Clinical Labs Ltd

    Australian Clinical Labs Ltd (ASX: ACL) is a leading provider of pathology services in Australia. The company's 75 laboratories perform more than 12 million episodes annually with a network of more than 1,300 collection centres in every Australian state and territory except Tasmania. The company is also among the largest private hospital pathology businesses in the country, providing services to more than 90 private and public hospitals.

    Its services include all routine pathology tests, advanced pathology, pregnancy screening, non-invasive prenatal testing, chemical pathology, haematology, histopathology, immunology, serology and microbiology, and commercial drug and alcohol testing. 

    In ACL's established regions of Western Australia, Victoria, New South Wales, Queensland, South Australia, and the Northern Territory, the company has an equivalent market position in community pathology to its rivals Sonic Healthcare Ltd (ASX: SHL) and Healius Ltd (ASX: HLS). The company says it also has a growing presence in the Australian Capital Territory.

    ACL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    03 Dec 2024 $3.54 $0.08 2.31% 449,575 $3.50 $3.57 $3.47
    02 Dec 2024 $3.46 $-0.01 -0.29% 707,586 $3.52 $3.61 $3.42
    29 Nov 2024 $3.47 $-0.03 -0.86% 293,372 $3.52 $3.52 $3.45
    28 Nov 2024 $3.50 $0.00 0.00% 459,245 $3.48 $3.52 $3.46
    27 Nov 2024 $3.50 $-0.04 -1.13% 651,675 $3.47 $3.59 $3.47
    26 Nov 2024 $3.54 $0.04 1.14% 577,971 $3.47 $3.57 $3.45
    25 Nov 2024 $3.50 $0.00 0.00% 569,231 $3.50 $3.54 $3.45
    22 Nov 2024 $3.50 $0.03 0.86% 284,112 $3.44 $3.53 $3.44
    21 Nov 2024 $3.47 $0.05 1.46% 892,804 $3.44 $3.48 $3.38
    20 Nov 2024 $3.42 $-0.02 -0.58% 984,261 $3.42 $3.48 $3.39
    19 Nov 2024 $3.44 $0.04 1.18% 1,264,676 $3.42 $3.47 $3.41
    18 Nov 2024 $3.40 $-0.02 -0.58% 917,017 $3.38 $3.46 $3.33
    15 Nov 2024 $3.42 $-0.12 -3.39% 1,723,149 $3.52 $3.54 $3.29
    14 Nov 2024 $3.54 $-0.04 -1.12% 621,328 $3.55 $3.56 $3.46
    13 Nov 2024 $3.58 $-0.01 -0.28% 741,271 $3.62 $3.62 $3.52
    12 Nov 2024 $3.59 $-0.02 -0.55% 417,826 $3.65 $3.65 $3.57
    11 Nov 2024 $3.61 $0.01 0.28% 382,917 $3.55 $3.69 $3.55
    08 Nov 2024 $3.60 $-0.06 -1.64% 579,535 $3.65 $3.74 $3.58
    07 Nov 2024 $3.66 $-0.01 -0.27% 1,280,645 $3.67 $3.69 $3.60
    06 Nov 2024 $3.67 $0.10 2.80% 912,231 $3.59 $3.67 $3.58
    05 Nov 2024 $3.57 $-0.01 -0.28% 323,674 $3.60 $3.61 $3.55

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    26 Aug 2024 Melinda McGrath Expiry 247,252 $694,778
    As advised by the company. forfeited
    28 Feb 2024 Christine Bartlett Buy 20,000 $47,154
    On-market trade. As per announcement on 05-03-2024
    20 Dec 2023 Melinda McGrath Issued 395,490 $901,717
    Issue of securities. vwap, 880,836 Rights, As per announcement on 04-01-2024

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Michael Thomas Alscher Non-Executive DirectorNon-Executive Chairman Dec 2020
    Mr Alscher is the Managing Partner and founder of Crescent, an Australian private equity investment firm, specialising in high growth companies and certain industry sectors such as healthcare. Michael is the current Chair of Cardno Limited, National Dental Care Limited, 24-7 Healthcare Pty Ltd and is a Non-Executive Director of Clearview Wealth Limited, Green Leaves Early Learning Centres Pty Ltd and Aurora Expeditions Holdings Pty Ltd. Michael's former director roles include Chair of Cover-More Group Limited, LifeHealthcare Group Limited and Director of Metro Performance Glass Limited, Crumpler Pty Ltd and Intega Group Limited. Prior to founding Crescent in 2000, Michael was a strategy consultant at Bain International and LEK Partnership as well as holding several senior operating roles. Michael is a Member of Risk Committee.
    Dr Leanne Rowe Non-Executive Director Apr 2021
    Dr Rowe is a clinical professor and medical practitioner with over 30 years of clinical experience in the public and private health systems across acute care, aged care, mental health and community health. Leanne is currently a Non-Executive Director of Bupa ANZ Group and a Presiding Member for Medical Panels Victoria. She has previously served on a range of boards, including as a Chair of Nexus Hospitals, the Royal Australian College of General Practitioners and Barwon Health (Acting); and as a Non-Executive Director of Japara Healthcare, Medibank Private, I-Med Radiology, the Medical Indemnity Protection Society and Beyond Blue. Leanne is a former Deputy Chancellor of Monash University. Leanne Dr Rowe is a clinical professor and medical practitioner with over 30 years of clinical experience in the public and private health systems across acute care, aged care, mental health and community health. Leanne is currently a Non-Executive Director of Bupa ANZ Group and a Presiding Member for Medical Panels Victoria. She has previously served on a range of boards, including as a Chair of Nexus Hospitals, the Royal Australian College of General Practitioners and Barwon Health (Acting); and as a Non-Executive Director of Japara Healthcare, Medibank Private, I-Med Radiology, the Medical Indemnity Protection Society and Beyond Blue. Leanne is a former Deputy Chancellor of Monash University. Leanne
    Ms Christine Nildra Bartlett Non-Executive Director Aug 2023
    Ms Bartlett is an experienced Non-Executive Director, with executive experience gained through chief executive officer and senior executive roles with National Australia Bank Limited, IBM and Jones Lang LaSalle. Christine has held roles with national and global responsibilities and has a commercial perspective, in fostering innovation and leveraging new emerging technologies. Christine is currently a Non-Executive Director of Mirvac Limited, TAL Life Limited and Reliance Worldwide Corporation Limited. Christine is a member of the UNSW Australian School of Business Advisory Council, Chief Executive Women and the Australian Institute of Company Directors. Christine has previously held Non-Executive Director roles with iCare NSW, Clayton Utz, GBST Holdings Limited, The Smith Family and Sigma Healthcare Limited. She is member of risk committee
    Mr Mark Haberlin Non-Executive Director Apr 2021
    Mr Haberlin has over 25 years of audit, risk management, capital transactions and mergers and acquisitions experience across industries including healthcare, real estate and financial services. Mark is the Lead Independent Director and Chair of the Audit and Risk Committee of Abacus Property Group. Previously, Mark was an independent Non-Executive Director and the Chair of the Audit and Risk Committee of Laybuy Group Holdings Limited, the Chair of PwC Australia and PwC's Public Reporting Panel, as well as a Director of the European Australia Business Council and PwC Asia Pacific. He is chair of risk committee. Other directorships include Layby Group Holdings Limited, April 2020 - present.
    Ms Melinda Leigh McGrath Chief Executive OfficerExecutive Director Dec 2020
    Ms McGrath has more than 30 years of experience in healthcare with over 25 years of experience in chief executive roles and over 15 years of experience in pathology CEO roles. Melinda has led the organisation's restructure and transformation, building ACL's scale and operational performance improvement over the past seven years, overseeing the integration of Healthscope's Australian pathology business, St John of God Health Care's pathology business, Perth Pathology, SunDoctors and MedLab Pathology. She has also driven the establishment of one performance oriented culture across the organisation, via one unified integrated pathology system. Melinda was Chief Executive Officer of QML Pathology (part of Healius/Primary Healthcare) from 2008 to 2015, where she developed five QML brands and established Tasmania Medical Laboratories. Prior to that, Melinda held transformative chief executive roles at private regional and tertiary referral hospitals in Queensland including The Sunshine Coast Private Hospital, St Andrew's War Memorial Hospital and St Stephens Private Hospital. Melinda has held board member positions at Metro North Hospitals and Health Service including Royal Brisbane, Prince Charles, Redcliffe, Caboolture and related health services and a superannuation fund, UC Super.
    Ms Eleanor Padman Company Secretary
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    Eleanor Padman Company Secretary
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    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Citicorp Nominees Pty Limited 52,928,564 26.22%
    J P Morgan Nominees Australia Pty Limited 40,768,093 20.20%
    HSBC Custody Nominees (Australia) Limited i 23,098,892 11.44%
    National Nominees Limited 19,505,294 9.66%
    Neweconomy Com Au Nominees Pty Limited 5,563,328 2.76%
    Warbont Nominees Pty Ltd 4,488,571 2.22%
    BNP Paribas Noms (Nz) Ltd 4,381,212 2.17%
    BNP Paribas Nominees Pty Ltd 2,282,496 1.13%
    Melinda McGrath 2,173,867 1.08%
    ECapital Nominees Pty Limited 2,012,539 1.00%
    UBS Nominees Pty Ltd 1,965,408 0.97%
    HSBC Custody Nominees (Australia) Limited ii 1,864,257 0.92%
    ACL Employee Share Trusco Pty Ltd 1,445,624 0.72%
    First Samuel Ltd ACN 086243567 1,273,234 0.63%
    HSBC Custody Nominees (Australia) Limited Gsco Eca 1,254,600 0.62%
    Hsbc Custody Nominees (Australia) Limited-Gsi Eda 1,225,450 0.61%
    Mr Nicholas Barry Debenham & Mrs Annette Cecilia Debenham 1,010,800 0.50%
    Zachary Investments Pty Ltd 1,000,000 0.50%
    BNP Paribas Noms Pty Ltd 829,947 0.41%
    HSBC Custody Nominees (Australia) Limited A/C 2 790,918 0.39%

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