FLT, QAN, WEB: ASX 200 travel stocks to watch out for

3 min read | April 27, 2022 06:54 PM AEST | By Ritwika

Highlights

  • All the travel stocks- QAN, FLT and WEB have closed in red as the entire ASX 200 consumer discretionary sector shares tumbled today.
  • Despite trading in red, all the travel stocks have driven investors’ attention today as they were heavily traded.

The S&P/ASX 200 Consumer Discretionary sector (ASX:XDJ) closed 1.112% lower at 2989 on the ASX today (27 April). The share price of the ASX 200 Consumer Discretionary sector has fallen over 7% on the ASX in the past 12 months. Similarly, XDJ’s year-to-date share price also fell over 15% on the ASX today.  

This article primarily focuses on three travel stocks from the ASX 200 Consumer Discretionary sector- Qantas, Flight Centre, Webjet and closely analyses their performance on the ASX.  

Flight Centre Travel Group Limited (ASX:FLT)

The shares of Flight Centre Travel Group Limited (ASX:FLT) closed 0.184% lower at AU$21.69 per share on the ASX today (27 April). Approximately 1.1 million shares of Flight Centre were traded during the entire trading session on the ASX today.  

The share price of Flight Centre has gained by more than 29% on the ASX over the past 12 months. On the other hand, Flight Centre’s year-to-date share price also gained over 16% on the ASX today (27 April).   

Flight Centre is an ASX-listed travel retailer with a market capitalization of AU$4.34 billion. The company deals with both the leisure and corporate travel sector along with destination travel experiences.  

Qantas Airways Limited (ASX:QAN)

 FLT, QAN, WEB share price

Image source: © Iwikoz6 | Megapixl.com

The shares of Qantas Airways Limited (ASX:QAN) closed 1.444% lower at AU$5.46 per share on the ASX today (27 April). Approximately 4.3 million shares of Qantas were traded throughout the entire trading session on the ASX today.  

Qantas is one of the leading operators of international and domestic air transport services in Australia. The company is also known for selling domestic travel packages along with supporting services such as catering, information technology, engineering and maintenance etc. Qantas has a market capitalization of AU$10.44 billion.  

The share price of Qantas has gained approximately by 11% on the ASX over the past 12 months. On the other hand, Qantas’ year-to-date share price also gained over 6% on the ASX today (27 April).  

Read more: Qantas (ASX:QAN) shares end 4% higher as international travel picks up 

Webjet Limited (ASX:WEB)

The shares of Webjet Limited (ASX:WEB) closed 0.593% lower at AU$5.865 per share on the ASX today (27 April). Approximately 2.1 million shares of Webjet were traded during the entire trading session on the ASX today.  

The share price of Webjet has gained by more than 15% on the ASX over the past 12 months. On the other hand, Webjet’s year-to-date share price also gained over 7% on the ASX today (27 April).   

Webjet is an ASX-listed digital travel company which was established in 1998. The company is known for facilitating online travel reservation services across Australia and abroad. Webjet has a market capitalization of AU$2.24 billion.  

Read more: How are ASX travel stocks poised for Australia’s reopening?


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