Ramsay Health Care stock stood at EUR 34.20 after FY26 results

Published on 10/01/2026 at 05:49 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ramsay Health Care reported AUD 1.51 underlying EPS for fiscal 2026, with revenue and other income at AUD 18.71 billion. Ord Minnett raised its target to AUD 48.00.

Ramsay, AU000000RHC8, Illustration mit AI erstellt.

Ramsay Health Care stock stood at EUR 34.20 at the Lang & Schwarz prior close dated September 29, 2026, as the company enters October with fiscal 2026 earnings and a valuation warning from Ord Minnett. The latest reported figures show a business growing faster than the broker's target price.

FY26 earnings set the baseline

According to MarketScreener on September 8, 2026, Ramsay posted fiscal 2026 underlying EPS of AUD 1.51 and total revenue and other income of AUD 18.71 billion for the year ended June 30, 2026. The figures provide the latest full-year operating base for investors assessing the hospital operator.

The same FY26 review reported that normalized Australian EBIT margin improved by 35 basis points to 9.60 percent, while the incremental revenue margin reached 17.10 percent in the second half. That combination points to operating leverage, but it also makes the valuation debate more important because the earnings improvement is already part of the market narrative.

Target rises but rating stays cautious

Ord Minnett raised its price target to AUD 48.00 from AUD 46.30 and retained a Lighten rating, according to MarketScreener on September 8, 2026. The AUD 1.70 increase equals 3.67 percent, yet the rating remained cautious because the broker viewed valuation as demanding.

Ramsay also completed the acquisition of National Capital Private Hospital on September 1, 2026, for cash consideration of AUD 251 million funded through existing debt facilities, as MarketScreener reported. The transaction adds capacity, while the debt funding keeps capital allocation in the valuation discussion.

Next date is November 24

Ramsay's investor centre lists November 24, 2026, as the date of its 2026 annual general meeting and identifies the company as ASX:RHC. The meeting is the next clearly dated corporate checkpoint after the FY26 results and the completed hospital acquisition.

Ramsay Health Care stock stays dated

Ramsay Health Care stock had a Lang & Schwarz prior close of EUR 34.20 on September 29, 2026. The quotation page showed September 30, 2026, as the following data date, so the prior close is the relevant euro market reference for this article.