Three Popular Stocks- QAN, SYD, WEB

  • Apr 19, 2019 AEST
  • Team Kalkine
Three Popular Stocks- QAN, SYD, WEB

A look at the following stocks from consumer discretionary and Industrials sector as they gain investors attention.

Qantas Airways Limited

Qantas Airways Limited (ASX: QAN) provides transportation of passengers via two airlines including Qantas (full-service carrier) and Jetstar (low-cost carrier), with international, domestic and regional operations. The company also includes Qantas Frequent Flyer and Qantas Freight. The QAN stock price ended the market trading on April 18th, 2019, at the last sell-off price of AUD 5.700, up 0.352% with ~ 3.89 million shares traded.

The Group delivered a strong result for the first half of the financial year 2019 ended December 31st, 2018. Accordingly, the underlying profit before tax (PBT) was recorded at $ 780 million, which is $ 179 million lower than the prior corresponding period ended December 31st, 2017 (pcp). However, this was despite a $ 416 million (27%) rise in its fuel bill to $ 2 billion. Moreover, the net free cash flow amounted to $ 218 million with a 19.3 % return on the invested capital. The net debt stood at $ 5.2 billion at the bottom of the target range. Besides, Qantas Airways also paid out an interim fully franked dividend of 12 cents per share.

Sydney Airport

Sydney Airport Limited (ASX: SYD) owns and operates the Sydney Airport and offers international and domestic passenger services. Besides, it is also engaged in leasing, marketing, brand space, and advertising for retail, food, and dining portfolio; property and car rental, and hotel business etc. With the end of the market trading on April 18th, 2019, the SYD stock price closed at AUD 7.450, up 0.54% with ~5.2 million shares traded. SYD’s YTD return is also positive at 11.43% so far.

Recently, Mr Hon Michael Lee stepped down as the Director of the company after his 15 years of tenure. Sydney Airport also released its Traffic Performance for February 2019, whereby the number of International passengers increased by 0.4% on pcp, while the Domestic passenger numbers were down 2.7% on the pcp impacted by reduced domestic seat capacity (-1.9%) combined with lower load factors (-0.7%).

As per the results for the Full Year 2018, the Airport welcomed a record 44.4 million passengers, up more than 2.5% on pcp. The EBITDA for the period was up more than 7.2% to $ 1,282.6 million, and the company recorded growth across all core businesses with total revenue increasing by more than 6.8%.

Webjet Limited

Webjet Limited (ASX: WEB), based in Melbourne, provides online travel booking services globally across Australia, New Zealand and Europe. The company operates via Business to Consumer (B2C) Travel and Business to Business (B2B) Travel segments. The WEB stock price settled the trading session (as on 18 April) at AUD 16.550, down 0.361% with ~ 677,685 shares traded. WEB’s YTD return also stands positive at 56.85% so far with an annual dividend yield of 1.23%.

Recently, Webjet released its JP Morgan Emerging Companies Conference Presentation including an overview of the business, the target for FY22, the importance of Umrah Holidays International to tap into the new market opportunity and the FY19 guidance.

For the first half of 2019, Webjet delivered a record EBITDA performance with a 42% increase to $58.0 million along with a 33% increase in the revenue to $ 175.3 million.

The period also witnessed the highly successful WebBeds business emerge for the first time, with the doubling of EBITDA to $30.1 million from $12.8 million in 1H18, driven by strong growth in key European and Middle East markets.


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