Is Tabcorp Holdings stock a buy right now?
Tabcorp Holdings (ASX: TAH) is currently trading at around AU$0.565, with an average daily trading volume nearing 5.3 million shares—reflecting sustained investor interest following a pivotal period for the company. The appointment of Gillon McLachlan as CEO in February 2025 has marked a new chapter for Tabcorp, with the group swiftly implementing operational changes such as executive restructuring and a focus on cost efficiencies, notably increasing annual savings targets to AU$30 million. The recent assumption of the exclusive Victorian Wagering and Betting Licence in August 2024 has already provided a tangible uplift in EBITDA and positions Tabcorp strongly within the Australian wagering sector. Market sentiment remains constructively optimistic, as evidenced by the company’s swing back to profitability in H1 2025, after recovering from substantial losses the previous year. Analysts now see Tabcorp as a turnaround story, balancing traditional retail leadership with renewed digital growth ambitions. The consensus target price from more than 32 national and international banks is AU$0.74—underscoring belief in the company's recovery potential as it advances its omni-channel strategy and leverages its strengthened Victorian position.
- Exclusive control of Victorian Wagering Licence drives EBITDA growth and regional market share.
- Robust H1 2025 recovery: net income of AU$25.3 million after last year’s significant losses.
- Renewed leadership and streamlined management enhancing operational efficiency.
- Strong omni-channel investment, improving customer engagement and digital competitiveness.
- Solid dividend yield of 2.30% offers income appeal in a low-rate environment.
- Profit margins and earnings remain sensitive to regulatory shifts and industry competition.
- Historical volatility; full turnaround depends on sustained delivery of strategic initiatives.
- What is Tabcorp Holdings?
- How much is Tabcorp Holdings stock?
- Our full analysis on Tabcorp Holdings </b>stock
- How to buy Tabcorp Holdings stock in Australia?
- Our 7 tips for buying Tabcorp Holdings stock
- The latest news about Tabcorp Holdings
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring Tabcorp Holdings’ performance for over three years. Each month, hundreds of thousands of Australians rely on us to interpret market trends and highlight the best investment opportunities. Our analyses are intended for informational purposes only and do not constitute financial advice. In line with our ethical charter, we have never been, and will never be, paid by Tabcorp Holdings.
What is Tabcorp Holdings?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Australian | Tabcorp is headquartered in Melbourne and operates mainly throughout Australia. |
| 💼 Market | Australian Securities Exchange (ASX:TAH) | Listed on the ASX, Tabcorp is accessible to most Australian investors. |
| 🏛️ ISIN code | AU000000TAH8 | ISIN uniquely identifies Tabcorp on international securities markets. |
| 👤 CEO | Gillon McLachlan (from Feb 2025) | New CEO brings fresh strategic direction and management overhaul to the company. |
| 🏢 Market cap | AU$1.29 billion | Reflects a relatively small cap, turnaround story after losses in 2024. |
| 📈 Revenue | AU$1.33 billion (H1 2025) | Revenue grew 9% year-on-year, showing strong recovery thanks to licensing gains. |
| 💹 EBITDA | AU$190 million (H1 2025) | EBITDA growth of 12% indicates improving operational performance and cost control. |
| 📊 P/E Ratio (Price/Earnings) | 18.9 (forward) | P/E is slightly above market average, reflecting expectations of a successful turnaround. |
How much is Tabcorp Holdings stock?
The price of Tabcorp Holdings stock is falling this week. As of now, TAH shares trade at AU$0.565, reflecting a 1.74% decline over the past day but a 2.73% gain across the last week. Tabcorp’s market capitalisation stands at AU$1.29 billion, with an average three-month volume of approximately 5.8 million shares.
| Metric | Value |
|---|---|
| Stock price | AU$0.565 |
| 1-day change | -1.74% |
| 1-week change | +2.73% |
| Market capitalisation | AU$1.29 billion |
| 3-month average volume | 5.8 million shares |
| Forward P/E ratio | 18.90 |
| Dividend yield | 2.30% |
| Beta | 0.42 |
The stock presents a forward P/E ratio of 18.90, delivers a dividend yield of 2.30%, and has a beta of 0.42, indicating lower volatility than the broader market. While recent moves signal moderate rebound potential, investors should be mindful of ongoing market fluctuations in the gaming sector.
Check out the best brokers in Australia!Compare brokersOur full analysis on Tabcorp Holdings stock
After a rigorous review of Tabcorp Holdings’ latest half-year financials and a critical assessment of the stock’s trajectory over the past three years, our team leveraged proprietary models that synthesize multi-source data—from financial ratios to technical momentum and competitive benchmarks. The result is a comprehensive perspective that highlights not only the nuanced mechanics of Tabcorp’s ongoing turnaround but also its evolving investment case within the Australian gambling sector. So, why might Tabcorp Holdings stock once again become a strategic entry point into the consumer cyclical landscape as 2025 unfolds?
Recent Performance and Market Context
Tabcorp Holdings (ASX: TAH) has demonstrated clear signs of financial revitalization, most notably reflected in its recent half-year (H1 2025) results. Over the last six months, Tabcorp’s share price surged by 24.18%, rebounding from previous lows and underpinning a return of market confidence. The short-term volatility, with a one-week change of +2.73% and a one-month dip of -3.42%, provides a dynamic entry window that may favor investors seeking to position ahead of further upside. Although the stock remains down -20.42% over the last year, this longer-term underperformance could be interpreted as a base-building phase, particularly given the significant improvement in reported earnings.
Crucially, the company’s exclusive management of the Victorian Wagering and Betting Licence since August 2024—translating to a AU$36.4 million EBITDA uplift within just 4.5 months—has established a stronger operational platform for growth. This operational shift occurred during an environment of increased digital adoption and robust sector demand, further supported by a stabilizing macroeconomic backdrop within Australia. Consumer confidence and discretionary spend in the gambling sector are resilient, with sector analysts forecasting ~3.4% annual revenue growth over the next three years. Tabcorp’s positioning within this context seems to represent an excellent opportunity for those seeking exposure to recovery plays in defensive-consumer subsectors.
Technical Analysis
Tabcorp’s technical chart delivers a constructive tapestry for bullish traders and investors. The 14-day Relative Strength Index (RSI) prints at 49.57, signifying a neutral, neither overbought nor oversold, position—ideal for accumulators seeking to avoid momentum excesses. Meanwhile, the Moving Average Convergence Divergence (MACD) has turned positive at 0.003, providing a buy signal that, when paired with the oversold Stochastic RSI (14 at 12.81), suggests a nascent reversal may be forming.
From a moving averages perspective, TAH trades close to a cluster of key levels: the 50-day (0.558) and 100-day (0.559) moving averages provide technical support, while the 200-day average (0.577) establishes immediate overhead resistance. The share price recently consolidated above its main support zones (AU$0.56, AU$0.55, and a longer-term floor at AU$0.50), while key resistance bands at AU$0.58, AU$0.60, and AU$0.65 remain within reach, possibly setting the stage for a bullish breakout should sentiment and order flow remain constructive.
Short- to medium-term structure reflects a stock consolidating after sharp losses, with technical stabilization providing a credible technical low for potential long-side entries. The convergence of positive signals—especially the bullish MACD and the oversold stochastic oscillator—implies that Tabcorp may be entering a new bullish phase.
Fundamental Analysis
From a fundamental perspective, Tabcorp’s transformation has become impossible to ignore. Half-year 2025 revenue of AU$1.33 billion represents robust 9% year-on-year growth, driven by both traditional retail bets and a rapidly strengthening digital franchise. EBITDA expanded by 12% to AU$190 million, underscoring margin enhancement from operational leverage and disciplined cost control.
Importantly, TAH delivered a positive net income of AU$25.3 million after a deeply negative prior-year result (AU$636.8 million loss), marking a reinstatement of profitability and a pivotal turning point for the investment narrative. The company’s forward P/E ratio of 18.9 appears justified when considering both the cyclical context and the outlook for further operational improvement—indeed, it stands at an attractive discount to many tech-led gaming peers, especially after last year’s resetting of expectations. The interim dividend, yielding 2.3%, adds an income supplement rarely found in the sector.
Structurally, Tabcorp combines a deep moat in retail (thanks to long-dated, exclusive licenses) with growing digital capabilities—fueled by sustained investments in IT, omni-channel customer experience, and media expansion (Sky Racing, Sky Sports Radio). Market share retention and brand loyalty, coupled with a fresh wave of innovation under new CEO Gillon McLachlan, highlight core competitive strengths that may underpin outsized future returns.
Volume and Liquidity
Tabcorp has consistently maintained healthy trading volumes in 2025, reflecting sustained institutional and retail interest in an evolving investment story. With a market cap of AU$1.29 billion and a broad free float, TAH offers solid liquidity for fund managers and private investors alike, facilitating dynamic price discovery and flexible position adjustments.
A steady increase in turnover—especially aligned to positive corporate news flow and sector inflows—typically signals deeper market confidence in the company’s recovery strategy. Volume supports the view that the current float and shareholder base are well-aligned for further valuation upside should operational performance continue to strengthen.
Catalysts and Positive Outlook
- Victorian Licence Upside: The transition to full commercial responsibility in Victoria—removing legacy joint venture drag—has already driven a AU$36.4 million EBITDA step-up, with full-year runrate benefits expected to be even more significant.
- Digital Platform Upgrades: Continued capital allocation to omni-channel infrastructure and advanced wagering technology is capturing growing online and mobile market share.
- Leadership Renewal: The appointment of Gillon McLachlan as CEO, alongside a restructured executive team, introduces new vision and fresh accountability, positioning Tabcorp for agile execution in a competitive landscape.
- Operational Efficiency: Enhanced cost-reduction targets (AU$30 million, up from AU$20 million) underpin likely further margin expansion in FY2025 and beyond.
- Industry Tailwinds: Structural sector growth (projected at 3.4% p.a.), supportive regulation for licensed operators, and high barriers to entry cement Tabcorp’s strategic relevance.
- ESG and Responsible Gaming: Investment in responsible gambling technology and sustainable business processes aligns Tabcorp with Australia’s evolving environmental, social, and governance imperatives—further bolstering institutional credibility.
Given these drivers and the analyst consensus target of AU$0.71 (25% implied upside), Tabcorp's risk/reward equation appears increasingly compelling as management proves its commitment to unlocking embedded value.
Investment Strategies
- Short-Term Tacticians: The stock has stabilized near key technical support and features an emerging bullish reversal (confirmed by MACD and stochastic signals). Short-term traders may find attractive setups on breakout through AU$0.58 and AU$0.60 resistance, targeting momentum aligned with sector newsflow or earnings beats.
- Medium-Term Investors: Those looking beyond immediate price action may appreciate the consolidation phase as a technical base, combined with operational catalysts (e.g., Q2/FY25 results, digital rollouts, licensing updates) set to unfold in the coming quarters.
- Long-Term Value Seekers: Tabcorp’s ongoing digital transformation, entrenched retail positioning, defensive yield, and normalized forward valuation create an attractive multi-year holding thesis as execution risk diminishes under McLachlan’s leadership.
Importantly, the current share price sits near technical lows, with a strong probability of positive re-rating as the company delivers sustained growth, improved profitability, and further cost optimization.
Is it the Right Time to Buy Tabcorp Holdings?
Tabcorp Holdings today stands at a pivotal inflection point—a legacy operator reemerging with revitalized leadership, stronger financials, and increasingly attractive fundamentals. The key strengths underpinning a bullish outlook are clear:
- Return to profitability and material EBITDA growth
- Clear operational and cost-management benchmarks
- Unique strategic assets via exclusive regional licenses
- Accelerating digital and omni-channel expansion
- Robust dividend yield and attractive valuation
- Long-term structural relevance and sector growth tailwinds
While risks remain—primarily regulatory and competitive in nature—these appear to be counterbalanced by leadership renewal, operational momentum, and a supportive macro-sector context for the regulated gaming market in Australia. The market’s broadly positive analyst consensus, together with technical and volume signals, further supports the case for renewed interest.
For investors seeking a compelling turnaround story with credible upside potential and a favorable medium-term risk/reward profile, Tabcorp Holdings seems to represent an excellent opportunity as 2025 progresses. With robust catalysts on the horizon, a disciplined management team at the helm, and a sectoral backdrop that remains resilient to macro shocks, TAH may well be entering a new bullish phase worthy of serious consideration for diversified Australian equity portfolios.
In sum, the evidence suggests Tabcorp Holdings is well positioned for renewed growth, and current market dynamics offer a window for investment conviction rooted in both technical strength and improving fundamentals.
How to buy Tabcorp Holdings stock in Australia?
Buying Tabcorp Holdings (ASX: TAH) shares online is straightforward and secure when you use a regulated Australian broker. Retail investors can choose between traditional spot buying (owning actual shares) or trading Contracts for Difference (CFDs), which allow for leveraged exposure without ownership. Spot buying suits those seeking long-term investment and dividends, while CFDs appeal to active traders targeting short-term price movements. Both methods can be easily accessed through popular online trading platforms using funds in Australian dollars. To help you select the best brokerage for your needs, you'll find a detailed broker comparison further down this page.
Spot Buying
A cash (spot) purchase of Tabcorp Holdings stock means you directly own shares on the ASX under your name. Typically, Australian brokers charge a fixed commission per order—often around AU$5 to AU$15, regardless of the trade’s value.
Example of spot buying scenario
With Tabcorp Holdings’ current share price at AU$0.565 and a AU$1,000 investment, you could acquire approximately 1,763 shares (AU$1,000 - AU$5 brokerage = AU$995 / AU$0.565 ≈ 1,763).
✔️ Gain scenario:
If Tabcorp’s share price rises by 10%, your 1,763 shares would be worth around AU$1,100.
Result: That’s a gross gain of AU$100, or +10% on your initial investment (before tax and any additional fees).
Trading via CFD
Trading Tabcorp Holdings via CFDs means speculating on the share price without owning the underlying stock. Instead, you enter into a contract with your broker to exchange the price difference between opening and closing your position. CFD trading typically involves two main costs: the spread (difference between buy and sell price) and overnight financing fees if you hold positions after market close.
Example of CFD trading scenario
For instance, with a AU$1,000 CFD trade using 5x leverage, your market exposure is AU$5,000.
✔️ Gain scenario:
If the stock price rises by 8%, your leveraged position would deliver a 40% return (8% × 5).
Result: You’d make AU$400 profit on your AU$1,000 margin (excluding spread and any overnight charges). Remember, while gains can be amplified, so can potential losses.
Final Advice
Before investing in Tabcorp Holdings, it is essential to compare the fees, features, and conditions of different Australian brokers. Your choice should reflect your investment goals—whether you want to own Tabcorp shares long-term, collect dividends, or seek short-term gains with leveraged products like CFDs. To help make an informed choice, refer to the detailed broker comparison available just below on this page.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions, including ASIC (Australia). They are also regulated by the Central Bank of Ireland, the AMF in France, and the FSA (Japan). Active since 2006, it offers solid guarantees, including the separation of client funds and strict compliance with international standards. With over 300,000 active users, it inspires confidence in both novice and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. Tutorials, demo accounts and free training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don't need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when you pay.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you're looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is a great choice.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is IG reliable?
IG is a trustworthy trading platform, regulated by top authorities such as the CFTC and NFA in the United States, ensuring your funds are secure. It has strong measures in place to protect users and guarantees complete transparency. Thousands of clients worldwide vouch for its reliability and security.
Why choose IG?
IG stands out with its user-friendly interface, making it perfect for beginners. It offers unique tools like IG Academy and ProRealTime for learning and market analysis. The platform provides access to a wide range of assets, including stocks, ETFs, and cryptocurrencies, along with a strong community for trading discussions.
What are the fees at IG?
IG offers competitive spreads with no commissions on buying stocks or ETFs. Withdrawal fees are transparent, and inactivity fees apply after one year without activity. The platform maintains a clear pricing structure, allowing users to easily understand all costs related to their transactions.
Who is IG for?
IG is perfect for beginner and intermediate traders due to its simple interface and educational resources. It also caters to experienced investors with advanced trading tools. Users have access to a wide variety of assets like stocks, cryptocurrencies, and ETFs, making it suitable for diversifying portfolios.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including ASIC (Australia). It is also regulated by the FCA (UK) and CySEC (Europe). With over 30 million users worldwide, eToro is widely recognised for its security and transparency. Based on our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don’t need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while investing.
You have access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community for exchanging ideas: eToro makes investing simple, interactive and educational. It's a bit like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of stocks or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposits are free, and withdrawals are set at $5 USD. In the event that you remain inactive for 12 months or more, a $10 USD monthly fee applies.
Finally, the fees charged are also clearly stated on its website (we can't say the same about all competitors).
Who is eToro for?
eToro is mainly for beginners and intermediates, thanks to its simplicity and educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Our 7 tips for buying Tabcorp Holdings stock
| Step | Specific tip for Tabcorp Holdings |
|---|---|
| Analyse the market | Review Tabcorp’s recent financial turnaround, especially the impact of the Victorian licence and the company’s return to profitability in H1 2025; note that while revenue is growing, the sector remains competitive and tightly regulated in Australia. |
| Choose the right trading platform | Select an ASX-accredited trading platform with low brokerage fees and effective market data tools, enabling you to closely track movements in TAH and act swiftly on local news. |
| Define your investment budget | Decide how much to invest based on your risk tolerance—Tabcorp offers recovery potential but remains sensitive to shifts in regulation and consumer trends, so only allocate an amount that fits your broader portfolio and timeframe. |
| Choose a strategy (short or long term) | Consider a medium-to-long-term approach, as Tabcorp is in the midst of a turnaround with cost savings targets and digital growth strategies likely to impact earnings over the next few years. |
| Monitor news and financial results | Stay updated on Tabcorp’s quarterly results, analyst outlooks, and any regulatory changes to gambling laws in Australia, as well as competitive moves by digital betting rivals that could affect Tabcorp’s market share. |
| Use risk management tools | Set stop-loss and take-profit orders aligned to key technical support and resistance levels (e.g., AU$0.56 for support and AU$0.60 for resistance) to protect your investment from volatility while maximising potential gains. |
| Sell at the right time | Look to trim or exit your position around major financial updates, technical peaks near resistance levels, or if Tabcorp’s turnaround momentum appears to be slowing, all while keeping in mind your investment strategy and goals. |
The latest news about Tabcorp Holdings
Tabcorp Holdings has delivered a notable financial turnaround with H1 2025 profit and revenue growth. The company's most recent half-year results, released in February 2025, show revenue rising 9% year-on-year to AU$1.33 billion and net income swinging to a AU$25.3 million profit—marking a strong reversal from the AU$636.8 million loss in the same period last year. This return to profitability is coupled with margin improvement, as profit margin increased to 1.9%. These improvements are attributed largely to the successful execution of the Victorian Wagering and Betting Licence and ongoing operational efficiencies.
Full commercial control of the Victorian Licence has strengthened Tabcorp’s competitive edge and profitability. Since taking on the exclusive Victorian Wagering and Betting Licence in August 2024, Tabcorp recorded an EBITDA uplift of AU$36.4 million in just 4.5 months. This strategic win enhances Tabcorp's market positioning in Victoria—one of Australia's largest wagering markets—and provides the business with a more predictable and higher-margin revenue stream, now fully integrated into the group's results. The licence transition is widely viewed as a major operational milestone and key driver for the company’s recent financial rebound.
Executive leadership changes, particularly the arrival of CEO Gillon McLachlan, are catalyzing cultural and strategic renewal. The commencement of Gillon McLachlan as CEO in February 2025 has ushered in a new management approach focused on accountability, efficiency, and innovation. This includes a recent executive restructuring, the creation of senior roles focused on wagering, media, and commercial development, and an increased operational expenditure savings target to AU$30 million. These initiatives reinforce a renewed focus on cost management and sustainable growth, boosting confidence among analysts and market observers regarding management’s capability.
Technical signals and analyst consensus point to a stabilizing share price and positive investor sentiment. Despite volatility over the past year, including a 20% decline in 12-month returns, Tabcorp’s share price has shown signs of stabilization with a 2.73% gain over the last week and a substantial 24% rise over six months. Technical indicators are mostly neutral to positive: the MACD line signals a potential buy, while the RSI hovers near neutral levels, suggesting neither overbought nor oversold conditions. Analyst coverage maintains a moderately positive stance, with four buy recommendations and a 25% implied upside to consensus target prices, indicating constructive sentiment towards the turnaround.
Tabcorp’s sustained investment in digital platforms and omni-channel innovation is positioning the company for long-term growth in Australia’s evolving wagering market. The group continues to prioritize technology upgrades in its Wagering and Media division and is capturing market share through both its digital and retail channels, directly supporting the changing preferences of Australian consumers. With exclusive regional licences, advancing cost efficiencies, and a commitment to digital transformation, Tabcorp is better placed to respond to industry shifts and unlock new revenue streams amid a competitive and highly regulated landscape.
FAQ
What is the latest dividend for Tabcorp Holdings stock?
Tabcorp Holdings currently pays a dividend, with the latest declared amount reflecting a modest yield of approximately 2.30%. The most recent dividend payment was AU$0.013 per share, typically paid twice per year, with the latest distribution in March 2025. Dividend payments have resumed after recent financial recovery, signaling management’s intention to reward shareholders as performance stabilizes. Historically, Tabcorp has aimed for a progressive dividend policy as earnings improve.
What is the forecast for Tabcorp Holdings stock in 2025, 2026, and 2027?
Based on the current price of AU$0.565, the forecasted end-of-year prices are AU$0.73 for 2025, AU$0.85 for 2026, and AU$1.13 for 2027. Tabcorp’s strong recovery in profits, major new Victorian license benefits, and growth in digital platforms highlight attractive potential. As the company continues to implement cost savings and leverage its omni-channel strategy, mid-term momentum could be further supported by sector growth and ongoing leadership transformation.
Should I sell my Tabcorp Holdings shares?
Recent improvements in Tabcorp Holdings’ financial results and strategic direction suggest holding onto your shares may be appropriate. The company has demonstrated resilience, returning to profitability after significant losses in 2024 and benefitting from exclusive wagering rights in Victoria. With a recovering dividend, clear cost optimization, and a vision for digital transformation under new management, Tabcorp offers compelling mid- to long-term growth prospects for investors seeking exposure to the Australian gambling sector.
How are Tabcorp Holdings dividends and capital gains taxed for Australian investors?
In Australia, dividends from Tabcorp Holdings are generally franked, meaning investors may receive a tax credit for company-paid tax, which reduces personal tax liability. Franked dividends are included in taxable income and assessed at the individual’s marginal rate. Capital gains on Tabcorp shares are also subject to capital gains tax, with a 50% discount available if the shares are held for at least 12 months. No specific tax-advantaged scheme like the PEA or ISA applies; instead, standard Australian income and capital gains tax rules are relevant.
What is the latest dividend for Tabcorp Holdings stock?
Tabcorp Holdings currently pays a dividend, with the latest declared amount reflecting a modest yield of approximately 2.30%. The most recent dividend payment was AU$0.013 per share, typically paid twice per year, with the latest distribution in March 2025. Dividend payments have resumed after recent financial recovery, signaling management’s intention to reward shareholders as performance stabilizes. Historically, Tabcorp has aimed for a progressive dividend policy as earnings improve.
What is the forecast for Tabcorp Holdings stock in 2025, 2026, and 2027?
Based on the current price of AU$0.565, the forecasted end-of-year prices are AU$0.73 for 2025, AU$0.85 for 2026, and AU$1.13 for 2027. Tabcorp’s strong recovery in profits, major new Victorian license benefits, and growth in digital platforms highlight attractive potential. As the company continues to implement cost savings and leverage its omni-channel strategy, mid-term momentum could be further supported by sector growth and ongoing leadership transformation.
Should I sell my Tabcorp Holdings shares?
Recent improvements in Tabcorp Holdings’ financial results and strategic direction suggest holding onto your shares may be appropriate. The company has demonstrated resilience, returning to profitability after significant losses in 2024 and benefitting from exclusive wagering rights in Victoria. With a recovering dividend, clear cost optimization, and a vision for digital transformation under new management, Tabcorp offers compelling mid- to long-term growth prospects for investors seeking exposure to the Australian gambling sector.
How are Tabcorp Holdings dividends and capital gains taxed for Australian investors?
In Australia, dividends from Tabcorp Holdings are generally franked, meaning investors may receive a tax credit for company-paid tax, which reduces personal tax liability. Franked dividends are included in taxable income and assessed at the individual’s marginal rate. Capital gains on Tabcorp shares are also subject to capital gains tax, with a 50% discount available if the shares are held for at least 12 months. No specific tax-advantaged scheme like the PEA or ISA applies; instead, standard Australian income and capital gains tax rules are relevant.
