FLT.AX - Flight Centre Travel Group Limited
| Previous close | 41.47 |
| Open | 42.28 |
| Bid | 39.76 x 0 |
| Ask | 35.91 x 0 |
| Day's range | 39.69 - 40.53 |
| 52-week range | 37.59 - 49.14 |
| Volume | 618,088 |
| Avg. volume | 305,547 |
| Market cap | 4.021B |
| Beta (5Y monthly) | 0.43 |
| PE ratio (TTM) | 15.28 |
| EPS (TTM) | 2.60 |
| Earnings date | 27 Feb 2020 |
| Forward dividend & yield | 1.96 (4.73%) |
| Ex-dividend date | 12 Sep 2019 |
| 1y target est | 56.15 |
- Motley Fool
Kathmandu shares sink lower as coronavirus fears spread
The Kathmandu Holdings Ltd (ASX: KMD) share price is down 3.83%, in a turbulent day for shares with exposure to the ASX travel sector.The post Kathmandu shares sink lower as coronavirus fears spread appeared first on Motley Fool Australia.
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Serko shares dragged down by coronavirus concerns
Serko Ltd (ASX: SKO) hasn't escaped today's ASX travel stocks sell-off, with shares across the sector dropping amid coronavirus outbreak concerns.The post Serko shares dragged down by coronavirus concerns appeared first on Motley Fool Australia.
- Motley Fool
Corporate Travel share price falls 6% on coronavirus concerns
Here's why the Corporate Travel Management Ltd (ASX: CTD) share price has taken a sharp tumble today.The post Corporate Travel share price falls 6% on coronavirus concerns appeared first on Motley Fool Australia.
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Here’s why the Flight Centre share price is plummeting today
The Flight Centre Travel Group Ltd (ASX: FLT) share price is down more than 3% today, as the markets respond to the ongoing coronavirus outbreak.The post Here’s why the Flight Centre share price is plummeting today appeared first on Motley Fool Australia.
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How will the coronavirus outbreak impact ASX shares?
The coronavirus outbreak has investors on high alert. Here are some sectors and stocks on the ASX that could be impacted by the outbreak.The post How will the coronavirus outbreak impact ASX shares? appeared first on Motley Fool Australia.
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Broker picks the ASX stocks in the reporting season hot-seat
The string of profit downgrades shows how high the stakes are for the upcoming profit reporting season.The post Broker picks the ASX stocks in the reporting season hot-seat appeared first on Motley Fool Australia.
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Have ASX retailers past peak pain from Amazon disruption?
There might finally be some good news for traditional retailers as they may have overcome the worst of the digital disruption.The post Have ASX retailers past peak pain from Amazon disruption? appeared first on Motley Fool Australia.
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Why AP Eagers, Flight Centre, Kogan, & St Barbara are dropping lower
The Flight Centre Travel Group Ltd (ASX:FLT) share price and the St Barbara Ltd (ASX:SBM) share price are two of four dropping lower on Wednesday...The post Why AP Eagers, Flight Centre, Kogan, & St Barbara are dropping lower appeared first on Motley Fool Australia.
- Motley Fool
Why the Flight Centre share price is tumbling lower today
The Flight Centre Travel Group Ltd (ASX:FLT) share price is tumbling lower today following a broker downgrade. Here's what you need to know...The post Why the Flight Centre share price is tumbling lower today appeared first on Motley Fool Australia.
- Motley Fool
ASX travel stocks hit by growing China virus scare
The market may be trading lower today but it’s travel-related stocks that copping a beating on fresh reports that the Wuhan virus is spreading quickly as it can be transmitted between humans.The post ASX travel stocks hit by growing China virus scare appeared first on Motley Fool Australia.
- Simply Wall St.
Flight Centre Travel Group (ASX:FLT) Seems To Use Debt Quite Sensibly
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
- Simply Wall St.
Should You Be Excited About Flight Centre Travel Group Limited's (ASX:FLT) 18% Return On Equity?
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...
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Why the Flight Centre share price can outperform over the next 2 months
The Flight Centre Travel Group Ltd (ASX: FLT) share price is outperforming today but its take-off may have only just started with a leading broker forecasting more tailwinds over the next two months.The post Why the Flight Centre share price can outperform over the next 2 months appeared first on Motley Fool Australia.
- Motley Fool
15 Brexit-facing companies breathing a sigh of relief today
There are dozens of companies on the ASX that will benefit from an end to the Brexit pantomime. The post 15 Brexit-facing companies breathing a sigh of relief today appeared first on Motley Fool Australia.
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Webjet share price surges as M&A rumours swirl
Rumours of a takeover bid sent the Webjet Limited (ASX: WEB) share price flying higher this morning even as the company pours cold water on receiving a bid. Here's why...The post Webjet share price surges as M&A rumours swirl appeared first on Motley Fool Australia.
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How to turn $20,000 into $3 million in 10 years with ASX shares
If you had invested $20,000 into Altium Limited (ASX:ALU) shares 10 years ago you would be very rich today...The post How to turn $20,000 into $3 million in 10 years with ASX shares appeared first on Motley Fool Australia.
- Simply Wall St.
Introducing Flight Centre Travel Group (ASX:FLT), A Stock That Climbed 30% In The Last Three Years
While Flight Centre Travel Group Limited (ASX:FLT) shareholders are probably generally happy, the stock hasn't had...
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2 more ASX shares with multiple recent insider buys
Insider buys can be a sign that those with the most insight into a company view its shares as undervalued. Here we take a look at ASX shares with a number of insider buys over the past month.The post 2 more ASX shares with multiple recent insider buys appeared first on Motley Fool Australia.
- Bloomberg
Corporate South Africa Loses Faith in National Airline
(Bloomberg) -- Sign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterSpeculation that South African Airways is in danger of going under could become self-fulfilling.The national carrier has been given 57 billion rand ($3.9 billion) in bailouts since 1994 and last made a profit in 2011. The company’s already precarious finances took another hit last month when workers staged a week-long strike that grounded a number of flights, and customers have canceled bookings on others.The extent of the carrier’s cash crisis was on stark display when it missed a deadline to publish its financial statements, due at the end of October, and delayed paying workers their full salaries for November.Public Enterprises Minister Pravin Gordhan said Sunday in a statement that the airline will undergo a “radical restructuring” to ensure its financial and operational sustainability, without providing further details. Finance Minister Tito Mboweni has said it would be better if the airline was shut down.‘Financial Abyss’“SAA is now looking over the edge of a financial abyss,” said Raymond Parsons, a professor at North-West University’s Business School in Potchefstroom, west of Johannesburg. “Its balance-sheet viability game is now very much in injury time. Tough strategic decisions need to be urgently implemented to put it on a sustainable footing and to regain the confidence of customers and other stakeholders.”Companies are losing faith that the airline can and will be saved. On Nov. 28, Sanlam Ltd.’s Travel Insurance Consultants unit said it will exclude SAA from its insolvency cover. That announcement and the government’s mixed messages about bailing out the airline again prompted Flight Centre Travel Group (Pty) Ltd., one of South Africa’s biggest travel companies, to stop selling the state airline’s tickets.“We have had to make an immediate move to mitigate the risk to ourselves and our clients,” said Andrew Stark, Flight Centre’s managing director for the Middle East and Africa.The biggest and most immediate impact of the loss of insurance cover and travel agency bookings will be on SAA’s domestic business-travel revenue, according to Joachim Vermooten, an independent airline economist.The effect on its international business will take longer to determine, because the bulk of passengers on those flights are tourists, he said. Many of them book tickets well in advance, and it’s too early to say whether the airline can survive, Vermooten said.SAA, which offers flights to more than 30 local and international destinations, began operating in 1934 when the government took over the assets and liabilities of Union Airways. The state sold a 20% stake in the carrier to Swissair in 1999 and bought the shares back in 2002 after the Swiss carrier went bankrupt. While the government has said it will consider selling an equity stake, no tangible progress has been evident.Parliament’s tourism committee said in a statement the carrier must keep flying and called on President Cyril Ramaphosa to intervene and restore it to financial stability. Even if the government were to intervene, it would struggle to come up with the money at a time when its own finances are under pressure, the economy is stagnating and it’s facing calls from other state companies for bailouts.Thin MarginsSAA spokesman Tlali Tlali and Mboweni’s spokeswoman, Mashudu Masutha-Rammutle, didn’t answer calls to their mobile phones seeking comment.Alf Lees, finance spokesman for the main opposition Democratic Alliance, urged the government to take a hard line. “If government gives it more money, SAA will simply continue with its bad business practices and then will end up in the same situation again in the near future,” he said.The Johannesburg-based Business Times newspaper reported on Sunday that SAA’s former Chief Executive Officer Vuyani Jarana drafted a plan proposing to create a commercial joint venture between the airline and Ethiopian Airways Group as a way to rescue the embattled carrier. The plan, which was put before SAA’s board five months ago, urges the government to offload SAA since it has little strategic value, given its thin margins and the stiff competition from other carriers.The proposed pan-African carrier would be located in Johannesburg, and would be managed by executives from both airlines. Once created, the joint venture would prioritize destinations such as Mumbai, Bangkok and Tokyo, and would seek to increase its presence in West Africa. Ethiopian Airways would sublet aircraft and pilots to SAA, while the South African carrier would provide cabin crew under the proposed deal, Business Times reported. Jarana resigned in June, citing slow decision-making that he said jeopardized SAA’s turnaround strategy.Read more:Ethiopian Will Weigh Stake in South Africa’s Debt-Ridden Airline(Updates with comment by minister in fourth paragraph)\--With assistance from Adelaide Changole.To contact the reporters on this story: Mike Cohen in Cape Town at mcohen21@bloomberg.net;Paul Vecchiatto in Cape Town at pvecchiatto@bloomberg.netTo contact the editors responsible for this story: Paul Richardson at pmrichardson@bloomberg.net, Helen Robertson, James AmottFor more articles like this, please visit us at bloomberg.com©2019 Bloomberg L.P.
- Simply Wall St.
Trade Alert: The Independent Non-Executive Director Of Flight Centre Travel Group Limited (ASX:FLT), John Eales, Has Just Spent AU$80k Buying Shares
Whilst it may not be a huge deal, we thought it was good to see that the Flight Centre Travel Group Limited (ASX:FLT...
