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Atlas Arteria (ALX)

ASX.ALX $5.42

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ALX $5.42

20 MINUTE DELAYED

TODAY

2.46 %

1 YEAR RETURN

0.00%

VOLUME

1,852,596

DIV YIELD

7.56%

PE RATIO

23.72

52 WEEK RANGE

5.06

6.74

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	5.42
Change	0.13 (2.46)
Bid / Ask	5.38 - 5.42
Volume	1,852,596
Turnover	9,990,536
Open	5.29
Day Range	5.28 - 5.44
VWAP	5.39
Prev Close	5.29
Last Trade	18/04 4:10pm (AEST)

KEY INFORMATION
Sector	Capital Goods
Shares Issued	1,082,995,187
NTA/Share	0.00
Last Dividend	0.20
Dividend Ex Date	26 MAR 2024
Dividend Pay Date	08 APR 2024

CURRENT ()
Revenue	134.00
EBITDA	79.30
Profit	323.50
Earnings Per Share (EPS)	0
Dividend Per Share (DPS)	0
Yield %	7.56
Market Cap	0
Price to Earnings Ratio (P/E)	23.72

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	259.12
EBITDA	182.27
Profit	453.94
Earnings Per Share (EPS)	0.33
Dividend Per Share (DPS)	0.40

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (HOLD)

2.88

OPINION

20/03/2024 09:29

AIC Mines (A1M) $0.335

We currently own Sandfire Resources (SFR) in both the Emerging Companies and Active Growth Portfolios, sitting on a good profit, though the copper miner has strongly outperformed the move by the commodity price and many peers, up ~30% since mid-January, partly because it is the only mid to large cap pure copper play on the ASX, but more importantly, they are delivering operationally and ramping up production at the right time.

24/05/2023 09:19

AIC Mines (A1M) 39c

AIC is a small Australian copper producer that we have on our radar for the Emerging Companies Portfolio, particularly on the back of the recent Sandfire (SFR) purchase in the Flagship Growth Portfolio

12/09/2022 16:45

Atlas Arteria (ALX) $7.81

ALX -2.13%: the toll road operator fell today after confirming it had joined the bidding for a 67% stake in Chicago’s Skyway asset. The stake is being sold by Canada Pension Plan Investment & OMERS Infrastructure, rumoured to be worth around $US2.7b and earnings of ~$US67m/year. The sellers are looking for a quick turnaround, which Atlas is likely to provide...

01/07/2022 09:24

Atlas Arteria (ALX) $8.06

Toll road owner and operator ALX surged in June after the IFM Infrastructure Fund announced they had purchased around 15% of the business at $8.10, the obvious implication is corporate action could be on the horizon. The ~$180bn global fund already owns toll roads across Europe and the US which is very much aligned with ALX’s asset base in France, Germany & the US. History shows us that IFM are usually acquirers of total...

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

A1M

UPDATED 20/03/2024 12:14

MM is bullish on A1M

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A1M

UPDATED 24/05/2023 10:15

MM is neutral to bullish A1M

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ALX

UPDATED 12/09/2022 16:46

MM is neutral ALX

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ALX

UPDATED 01/07/2022 11:24

MM likes ALX around $8

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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.

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Atlas Arteria (ALX)

ASX.ALX $5.42

14 DAYS FREE ACCESS

ALX $5.42

PERFORMANCE

BROKER CALLS

BROKER CONSENSUS RECOMMENDATION

OPINION

ACTION

Business Summary

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Really bullish, there's more to go in the reflation rally

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