Qantas Airways Ltd (QAN) is a publicly traded airlines business based in Australia which employs around 20,000 staff. Qantas Airways is listed on the Australian Securities Exchange (ASX) and traded in Australian dollars. Its current price of A$5.83 is 7.0% up on its price a month ago (A$5.45).
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Buying shares in just one company is generally considered a riskier bet than investing in a range of investments - AKA a "diversified portfolio". Experts generally recommend holding a mix of investments in specific assets and funds. Funds are ready-made portfolios of multiple companies' shares (potentially including Qantas Airways), and the idea is that drops in the value of one constituent company's share price might be offset by rises in others.
Qantas Airways is a major part of the Australian Securities Exchange (ASX), so it's included in many global funds and investment trusts, as well as tracker-style exchange traded funds (ETFs).
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Over the last 12 months, Qantas Airways's shares have ranged in value from as little as A$4.67 up to A$6.83. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (AU average) beta is 1, while Qantas Airways's is 1.101. This would suggest that Qantas Airways's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).
Historical closes compared with the last close of A$5.83
| 1 week (2024-04-21) | 0.17% |
|---|---|
| 1 month (2024-03-27) | 6.97% |
| 3 months (2024-01-28) | 4.86% |
| 6 months (2023-10-26) | 22.48% |
| 1 year (2023-04-27) | -11.67% |
| 2 years (2022-04-28) | 4.11% |
| 3 years (2021-04-28) | 16.60% |
| 5 years (2019-04-28) | 4.67% |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the Qantas Airways P/E ratio, PEG ratio and EBITDA
Qantas Airways's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 6x. In other words, Qantas Airways shares trade at around 6x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of 09 November, 2023 (14.13). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Qantas Airways's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.52. A PEG ratio below 1 can be interpreted as meaning the shares are not overvalued given the current rate of growth.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Qantas Airways's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Qantas Airways's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping A$3.8 billion (£2 billion).
The EBITDA is a measure of a Qantas Airways's overall financial performance and is widely used to measure a its profitability.
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All investing should be regarded as longer term. The value of your investments can go up and down, and you may get back less than you invest. Past performance is no guarantee of future results. If you’re not sure which investments are right for you, please seek out a financial adviser. Capital at risk.
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