3 Most Discussed Stocks - WEB, ALU, FLT

4 min read | April 26, 2019 11:06 PM AEST | By Team Kalkine Media

Let’s take a look on the three most discussed stocks that have shown an attractive Year To date returns but have slipped in an intraday trade on 26 April 2019.

Webjet Limited (ASX:WEB)

Webjet Limited (ASX: WEB) has witnessed an uplift of 25.74% in its share price over the course of the last six months. The company is a leading online travel agency in Australia and New Zealand and its B2B hotels division WebBeds is world’s 2nd largest and fastest-growing accommodation supplier to the travel industry.

In the first half of FY 2019, the company reported Total Transaction value (TTV) of $1.9 Billion, up 29% on the previous corresponding period. Further, the company reported total revenue of $175.3 million, up 33% on pcp. WebBeds reported TTV of 1,036 million and revenue of 85.1 million for 1H FY19. During the half year period, the TTV and EBITDA margins of WebBeds improved in all regions.

On a YTD basis, the company’s stock price increased by 58.55%. WEB’s shares last traded at $16.740, down by 0.298% during the intraday’s trade with a market capitalization of circa $2.28 billion.

Altium Limited (ASX:ALU)

An electronic design software company, Altium Limited (ASX: ALU) has experienced an uplift of 61.01% in its share price over the course of the last six months. For the first half of FY 2019, the company reported outstanding performance across all the key Metrics with strong revenue growth of 24% and record EBITDA margin of 36.3%. During the half year period, the company’s subscribers increased by 9% to 39,179. The company is aggressively expanding operations in China and transitioning from perpetual to terms-based licensing and besides that, it is enhancing its business systems to better support management decision-making and to maintain Altium’s strong operating leverage. The company recently advised the market that its director Wendy Stops, has transferred some Altium stock from one personal holding to a new personal holding.

On a YTD basis, the company’ stock price increased by 58.63%. ALU’s shares last traded at $33.890, down by 1.138% during the day’s trade with a market capitalization of circa $4.47 billion.

Flight Centre Travel Group Limited (ASX:FLT)

Australia’s largest travel agency group, Flight Centre Travel Group Limited (ASX: FLT) has announced that it has amended its FY19 profit guidance. The company has advised that the trading patterns of the first half are continuing into the second half, with sales tracking at record levels. However, the company is performing strongly in the corporate travel sector globally. Further, the benefits of the various initiative of the company which includes deploying of new sales system; introduction of a new wage model; consolidation of brand structures, are not yet being realised.

Moreover, it is expected that losses in the “Other” segment of the company’s accounts will increase significantly during the second half, compared to pcp, which will also offset the record profit contributions from FLT’s international businesses. Due to these factors, the company believes that its underlying profit before tax (PBT) for FY 2019 will be in the range of $335million-$360million.

On YTD basis, the company’s stock price increased by 9.09%. FLT’s shares last traded at $39.000, down by 11.705% during the day’s trade with a market capitalization of circa $4.47 billion.


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