|Bid||5.81 x 25257400|
|Ask||5.49 x 8220300|
|Day's range||5.46 - 5.58|
|52-week range||4.67 - 6.94|
|Beta (5Y monthly)||1.06|
|PE ratio (TTM)||5.90|
|Earnings date||22 Feb 2024|
|Forward dividend & yield||N/A (N/A)|
|Ex-dividend date||02 Mar 2020|
|1y target est||7.46|
Key Insights The projected fair value for Qantas Airways is AU$10.97 based on 2 Stage Free Cash Flow to Equity Current...
Shareholders of Australia's Qantas Airways voted overwhelmingly against the company's executive pay report, according to a tally of proxy votes shown at its annual meeting on Friday. Proxy votes that were cast before the meeting showed 83% against a resolution to adopt the company's remuneration report, compared to 17% in favour, according to a document shown at the meeting. The vote has no immediate consequences but if shareholders vote against a company's remuneration report for a second year, they may hold another vote on whether to remove the entire board.
After being roughed up by judges, lawmakers, regulators and its own employees, Australia's Qantas Airways faces its toughest grilling at its annual meeting on Friday as investors take the airline to task over a series of crises. The weight of public fury will most likely overshadow a record annual profit for the carrier in 2023 as shareholders respond to reputational blunders by voting against executive pay and other motions. "This year has seen a spectacular return to profit, but it is likely to be short lived," said retail investor group the Australian Shareholders' Association (ASA), citing numerous cost headwinds.