Company Overview: Dicker Data Limited (ASX: DDR) is a wholesale distributor of computer hardware, software, and other products like accessories, cloud, data centre, data management, gaming, remote working, etc. in Australia and New Zealand. Kalkine’s Earnings Hunter Report covers the Key Financial Metrics, Risks, Outlook, Technical Analysis along with the earnings hunter score and rating on the stock.

Section 1: Company Overview and Key Earnings Metrices

Section 2: Earnings Hunter Score and Financial Dashboard

Section 3: Strategic Update and Key Catalysts

Section 4: Price Performance, Technical Summary, and Conclusion

The stock has witnessed a surge of ~0.613% in last 1 month, and over the last 3 months, it has declined by ~24.68%. The stock has a 52-week low and 52-week high of AUD 7.880 and AUD 13.830, respectively and is currently trading below the average of a 52-week high-low average. The stock was last covered in a report dated ‘30 March 2023’.

Notes:

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is 19 April 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decision should be made depending on an individual's appetite on upside potential, risks, holding duration, and any previous holdings. The ‘Earnings Hunter Score’ typically provides an indication on the stance of the stock based on certain earnings-related criteria and the company’s performance versus the historical average and peers’ median.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

Stop-loss: It is a level to protect further losses in case of unfavourable movement in the stock prices.

Disclaimer

Kalkine New Zealand Limited is a Financial Advice Provider (“FAP”) and is authorised by a Class 1 Financial Advice Provider Licence issued by Financial Markets Authority (“FMA”) to provide financial advice. Kalkine provides only general financial advice through its research reports following a person becoming a member. The reports contain buy/sell/hold and other recommendations in relation to equity financial products. The recommendations and opinions [on this website] / [in this report] do not take into account any of your investment objectives, financial situation or needs. Before you make a decision about whether to acquire a financial product, you should obtain the Product Disclosure Statement from the product issuer. You should consider the appropriateness of advice taking into account your own objectives, financial situation and needs and seek independent financial advice before making any financial decisions. If you act on the advice in the research reports, you may have to pay fees, expenses or other amounts (but not to Kalkine).  Further information about the complaints and dispute resolution process, as well as information about Kalkine’s duties are available on Kalkine’s website.  Please read our Financial Advice Provider (FAP) disclosure statement and Complaints Handling Guide, which are available on the website.