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Webjet (WEB)

ASX.WEB $5.30

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ASX.WEB $5.30

20 MINUTE DELAYED

TODAY

-0.75 %

1 YEAR RETURN

0.00%

VOLUME

1,095,216

DIV YIELD

PE RATIO

0.00

52 WEEK RANGE

4.55

6.89

ANALYSIS
OPINION
ACTION

ANALYSIS

Overview

SHARE PRICE ACTIVITY
Last (Price)	5.30
Change	-0.04 (-0.75)
Bid / Ask	5.29 - 5.34
Volume	1,095,216
Volume (3mths avg)	0
Turnover	5,864,327
Open	5.31
Day Range	5.29 - 5.46
VWAP	5.36
Prev Close	5.34
Last Trade	06.10 01/07 (AEST)

KEY INFORMATION
Sector	Technology
Shares Issued	353,340,475
NTA/Share	0.00
Last Dividend	0.09
Dividend Ex Date	25 MAR 2020
Dividend Pay Date	23 DEC 2021

CURRENT ()
Revenue	38.50
EBITDA	-56.30
Profit	-73.70
Earnings Per Share (EPS)	0.00
Dividend Per Share (DPS)	0.00
Yield %	0.00
Market Cap	0.00
Price to Earnings Ratio (P/E)	0

TARGET PRICE FORECAST

ESTIMATES ()
Revenue	326.28
EBITDA	109.42
Profit	54.86
Earnings Per Share (EPS)	0.14
Dividend Per Share (DPS)	0.03

BROKER CONSENSUS RECOMMENDATION

BUY

SELL

Target Price

0.00

Lt Growth Rate

0.00

Recommendation (HOLD)

2.66

OPINION

23/06/2022 09:07

Webjet Ltd (WEB) $5.36

On-line travel business WEB looks very similar to its storefront (and digital) rival FLT, the company delivered an ok result in May with revenue coming in up 258% to $138mn plus importantly operating cash flow of $71.5mn. We prefer WEB to FLT but can see the stock trading with a $4 handle in the coming months.

20/05/2022 09:27

Webjet Ltd (WEB) $5.87

The chart of WEB looks like a carbon copy of QAN i.e. since the outbreak of COVID the travel and tourism sector has largely moved as one. Interestingly this is one stock that in many analysts opinion missed expectations in areas with their result yesterday but the shares managed to rally albeit only +1.4%. Revenue was up 258% to $138mn which was a small miss for Goldman Sachs but operating cash flow came in at $71.5mn, way ahead...

08/02/2022 09:09

Webjet Ltd (WEB) $5.51

WEB and the Tourism Sector rallied strongly on Monday after Scott Morrison announced Australia would finally reopen its international borders later this month to double vaccinated people. Undoubtedly a huge boost for our $60bn tourism industry – due to COVID the most recent data is unfortunately from 2018! This is another interesting sector to evaluate...

02/12/2021 09:27

Webjet (WEB) $5.32

WEB has not surprisingly walked a similar path to FLT having fallen 29% over the last few weeks with Omicron clearly causing acceleration towards the downside. We like WEB under $5 but I would leave some ammunition to average under $4.50 if the virus outlook deteriorates further.

08/09/2021 09:34

Webjet (WEB) $6.10

Similar to Qantas and many travel and tourism stocks Webjet has rallied nicely over recent weeks with fresh 2021 highs feeling imminent – its already rallied +17% over the last month. However MM believes WEB is at the lower end of the quality curve and we still prefer other plays such as QAN to take advantage of our pending hopeful return to normality.

25/03/2021 08:55

Webjet (WEB) $5.67

On-line travel business WEB looks fairly similar to CTD with a drop to under $5 looking a strong possibility.

12/03/2021 09:04

Webjet (WEB) $6.08

Lastly, on-line travel business WEB who raised ~$350m at a $1.70 share last April, in a story similar to FLT, in this case we can see a touch more upside but again the reopening news feels baked into the cake.

21/12/2020 14:09

Webjet (WEB) $5.11

Similar to FLT we saw WEB fall over 3% on the news yesterday.

ACTION

WEB

UPDATED 23/06/2022 17:44

MM is neutral WEB

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WEB

UPDATED 20/05/2022 17:36

MM is mildly bullish WEB

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WEB

UPDATED 14/02/2022 11:45

MM likes WEB short-term

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WEB

UPDATED 03/12/2021 09:12

MM likes WEB under $5

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WEB

UPDATED 09/09/2021 09:03

MM is mildly bullish WEB

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WEB

UPDATED 25/03/2021 09:10

MM is looking for WEB to test $5 moving forward.

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WEB

UPDATED 12/03/2021 08:48

MM is neutral WEB above $6.

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WEB

UPDATED 24/12/2020 01:26

MM likes WEB below $5 with stops under $4.20 as an aggressive play

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Business Summary

Webjet Limited is engaged in a digital travel business in global consumer markets and wholesales markets. The Company offers travel shopping and reservation services to clients as an online travel agency (OTA) in Australia and New Zealand. Webjet also provides B2B business to wholesale players by helping them fulfill accommodation requirements for their consumers.