29/04/2025 09:37

Flight Centre Travel Group Ltd (FLT) $12.59

FLT rallied over 1% on Monday following a negative trading update, with US uncertainty weighing on their FY25 outlook – not an uncommon message of late. They downgraded earnings by ~18%, although they did throw in a buy-back of up to $200mn in an attempt to cushion the blow.

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28/02/2025 09:45

Flight Centre (FLT) $16.22

A big family holiday is definitely something that the crew at MM considers near the top of its list for discretionary spending. Still, FLT’s poor result last week didn't reflect our sentiment

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26/02/2025 17:56

Flight Centre (FLT) $6.97

FLT –10.16%: Sold off heavily in trade today after a significant miss on 1st half 2025 earnings and pricing in the worst for the 2nd half despite management reiterating guidance range for the full-year. 

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15/11/2024 09:58

Flight Centre Travel Group (FLT) $17.39

FLT advanced +4.6% on Thursday following its AGM. The company provided a trading update, highlighted growth in corporate transaction volumes, and emphasised short-term profitability—all very positive relative to its last update.

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14/11/2024 16:56

Flight Centre (FLT) $17.39

FLT +4.57% held their AGM today and provided a trading update while they highlighted growth in corporate transaction volumes and emphasised short-term profitability – all very positive relative to their last update.

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18/10/2024 16:56

Flight Centre (FLT) $17.20

FLT -20.44%: Released a very subdued trading update this morning saying that 1Q25 trading was “marginally above 1Q24 across most key metrics”. The issue was the level of growth the market was expecting, with consensus expectations for the 1H25 and FY25 profit before tax (PBT) growth rates of 63% and 39% respectively, coming off a lower base.

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15/10/2024 09:21

Flight Centre Travel Group Ltd (FLT) $22.24

FLT has flatlined for the last 5-6 weeks, and there have been no changes in our view of the business; in today's digital world, this is a rare example of a business with a bricks-and-mortar presence outperforming a purely digital version, i.e. WEB. We think this is a positive read-through for HLO.

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28/08/2024 17:10

Flight Centre (FLT) $20.05

FLT +3.72% had a solid session, coming off a low base after underlying profit before tax (PBT) came inline with expectations, though most of it was pre-guided.

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27/08/2024 09:41

Flight Centre Travel Group Ltd (FLT) $19.65

FLT has struggled over recent weeks, failing to bounce with the market following the aggressive August sell-off. Perhaps they know something we don’t, or it's simply keying off the softening overseas backdrop. Three large block trades over recent weeks suggest a major holder is exiting/reducing their exposure, i.e. 800k, 1mn, and 1.4mn shares.

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18/07/2024 09:40

Flight Centre Travel Group Ltd (FLT) $22.24

FLT’s most recent trading update was in line with management expectations, and their FY24 guidance remained unchanged; however, the stock has outperformed the market since, aided by Macquarie lifting its Price Target (PT) this month to $26.80. There's nothing wrong with FLT; it just doesn’t excite us as much as some of its peers.

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