diplomacyMay 26, 2026

Buy, hold, sell: Catapult Sports, Tower, Guzman y Gomez shares

Summary

S&P/ASX 200 Index (ASX: XJO) shares are in the red on Tuesday as investors remain wary about whether a US-Iran deal will eventuate. According to Trading Economics, the US and Iran are discussing a framework that would extend the ceasefire for two months. Additionally, the US would lift its blockade of Iranian ports while Iran would reopen the Strait of Hormuz, a critical global oil and gas shipping channel. While the world waits for further news, three experts give us their views on three ASX shares. Let's take a look. Catapult Sports Ltd (ASX: CAT) The Catapult Sports share price is $3.28, down 2.1% today and down 35% over six months. Morgans has reiterated its buy rating on this ASX tech share and shaved its 12-month target from $5.55 to $5.40. The broker said: CAT's FY26 result confirmed strong organic momentum, with revenue US$141m (+19% c/c) and closing ACV US$134m (+28% c/c) at the top of guidance, while Management EBITDA of US$25m (17.6% margin, +67% pcp) beat MorgansF. Operating leverage is now evident, with a 41% incremental margin (48% ex-acquisitions) in the period. ACV per pro team crossed US$30k for the first time whilst SaaS metrics improved. We trim FY27-FY29F Management EBITDA by 6-8% factoring in the result. Tower Ltd (ASX: TWR) The Tower share price is $1.58, up 1.9% today and down 6% over six months. Mark Elzayed from Investor Pulse has a hold rating on this ASX financial share. On The Bull this week, Elzayed said: Tower is a New Zealand focused insurer benefiting from solid policy growth and improved underwriting conditions. The company generated 15,000 new customers in the year to March 31, 2026, despite a subdued economic environment. The company announced growth initiatives for the second half of 2026, including a partnership with Westpac Banking Corp (ASX: WBC) to offer general insurance products to its retail customers. In our view, company performance and outlook supports a hold recommendation at this stage of the cycle. Guzman Y Gomez Ltd (ASX: GYG) The Guzman Y Gomez share price is $20.05, up 0.9% today and down 12% over six months. Last week, the Mexican restaurant chain upgraded its earnings guidance and announced the abandonment of its US expansion plans. Guzman y Gomez now expects underlying earnings before interest, taxes, depreciation, and amortisation (EBITDA) of approximately $85 million, up 29% year over year, for FY26. Citi has reiterated its sell rating on the ASX consumer discretionary share. The broker increased its 12-month price target from $16.55 to $18.35.

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Bronwyn AllenBy Bronwyn Allen
S&P/ASX 200 Index (ASX: XJO) shares are in the red on Tuesday as investors remain wary about whether a US-Iran deal will eventuate. According to Trading Economics, the US and Iran are discussing a framework that would extend the ceasefire for two months. Additionally, the US woul…

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