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MIDCAP-Flexigroup leads on analyst revisions in Aussie financials

Flexigroup Ltd leads on analyst revisions among 45companies in Australia's financials sector tracked by at leastthree analysts, data from Thomson Reuters StarMine shows.

The financial services company has an Analyst Revision Model(ARM) score of 96, the highest in the sector. Analysts haveraised the average EPS estimate for the year ending June 2013 by2 percent over the last month.

A high score of 94 in the SmartHoldings model suggestspotential increase in institutional ownership.

The stock is trading at a forward 12-month P/E ratio of 3.2against the peer average of 3.8.

Of the nine analysts tracking the stock, seven give it a'strong buy' or 'buy' rating, one recommends a 'hold' and onegives a 'sell'.

The shares of the company have risen 78 percent so far thisyear, while the broader index gained 10.11 percent inthe same period, as of Tuesday's close.

Fkp Property lags the sector with an ARM score of1.

CONTEXT:

The company's net income rose 14 percent to A$59 million forthe year ended June.

StarMine's Analyst Revision Model ranks stocks based onanalysts' revision of earnings and revenue estimates and changesin their ratings, and usually gives additional weight toanalysts who have been more accurate in the past.

The StarMine SmartHoldings model is a global stock selectionmodel that ranks stocks based on the expected future increase,or decrease, in institutional ownership.

(Reporting By Tripti Kalro; Editing by Jijo Jacob)

((Tripti.Kalro@thomsonreuters.com))

Keywords: MIDCAP FLEXIGROUP/