|Bid||3.5010 x N/A|
|Ask||3.6530 x N/A|
|Day's Range||3.5460 - 3.5460|
|52 Week Range||2.5470 - 3.9350|
|Beta (5Y Monthly)||1.16|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 02, 2020|
|1y Target Est||N/A|
Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Qantas Airways Limited...
International travel is back with a vengeance, and operators are cashing in on years of pent-up demand.
(Reuters) -Australia's Qantas Airways said on Thursday it would buy the remaining 80% stake in Alliance Aviation Services for A$610.8 million ($443.14 million) in an all-stock deal to expand its footprint in the charter business. The deal will allow Qantas to incorporate Alliance's charter fleet and "efficiently" serve customers in the Australian mining industry, as the full reopening of international borders is expected to see an influx of workers and increased activity in the sector. In comparison, Qantas paid almost half of its current offer to buy the initial 19.9% stake in Alliance in early 2019 https://investor.qantas.com/DownloadFile.axd?file=/Report/ComNews/20190201/02071925.pdf.