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Atlas Arteria (ALX)

ASX.ALX $8.13

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ASX.ALX $8.13

20 MINUTE DELAYED

TODAY

0.25 %

1 YEAR RETURN

28.12%

VOLUME

1,876,596

DIV YIELD

4.44%

PE RATIO

47.43

52 WEEK RANGE

6.04

8.35

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	8.13
Change	0.02 (0.25)
Bid / Ask	7.90 - 8.19
Volume	1,876,596
Volume (3mths avg)	67,773,030
Turnover	15,216,529
Open	7.94
Day Range	7.94 - 8.18
VWAP	8.11
Prev Close	8.11
Last Trade	06.10 29/06 (AEST)

KEY INFORMATION
Sector	Capital Goods
Shares Issued	881,952,720
NTA/Share	3.64
Last Dividend	0.21
Dividend Ex Date	22 MAR 2022
Dividend Pay Date	31 MAR 2022

CURRENT (AUD)
Revenue	100.66
EBITDA	1,023.50
Profit	179.13
Earnings Per Share (EPS)	0.17
Dividend Per Share (DPS)	0.36
Yield %	4.44
Market Cap	7,777.64
Price to Earnings Ratio (P/E)	47.43

TARGET PRICE FORECAST

ESTIMATES (AUD)
Revenue	130.70
EBITDA	270.89
Profit	399.07
Dividend Per Share (DPS)	0.41
Earnings Per Share (EPS)	0.41

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (HOLD)

2.75

OPINION

08/06/2022 17:17

Atlas Arteria (ALX) $8.25

ALX +16.2%: the toll road owner & operator was one of the top performers today after IFM Infrastructure Fund revealed they had taken a significant stake overnight. Around 15% of the company changed hands at $8.10, ~14% above yesterday’s close as the $181b global fund edged in. Atlas was expecting...

23/03/2022 09:26

Atlas Arteria Ltd (ALX) $6.60

Conversely ALX was the worst performing stock on the main board yesterday slipping 5.3%, or 16.5c, but this decline was due to a 20.5c dividend otherwise the stock would have been up on the day! We remain neutral ALX which by definition makes its 4.85% dividend attractive even as yields edge higher.

22/04/2021 09:24

Atlas Arteria (ALX) $5.99

ALX looks and feels very similar to TCL which is no surprise considering the overlap in their business models.

ACTION

ALX

UPDATED 09/06/2022 09:52

MM is bullish quality infrastructure & holds TCL & APA

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ALX

UPDATED 23/03/2022 19:02

MM is neutral ALX

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ALX

UPDATED 23/04/2021 16:55

MM is bullish ALX targeting a break of $7

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Business Summary

Atlas Arteria (ALX, formerly Macquarie Atlas Roads) is engaged in investing in infrastructure assets in Organisation for Economic Co-operation and Development ( OECD") and OECD equivalent countries; and non-infrastructure assets where ancillary to a major infrastructure investment but with the current focus on toll road investments, both greenfield and mature.