AQZ 3.49% $3.04 alliance aviation services limited

Just got this in an email ...Thu, 9 Feb at 9:38 amThursday, 9...

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    Just got this in an email ...Thu, 9 Feb at 9:38 am


    Thursday, 9 February 2023

    AQZ - ALLIANCE AVIATION SERVICES LIMITED

    Credit Suisse rates AQZ as Outperform (1) - First half earnings (EBITDA) for Alliance Aviation Services missed the forecasts of Credit Suisse and consensus. Profit (PBT) guidance was also a -23% and -18% miss against the broker and consensus.

    Credit Suisse's unchanged $4.75 target is based upon the script offer by Qantas Airways ((QAN)). Outperform.

    Target price is $4.75 Current Price is $3.43 Difference: $1.32 If AQZ meets the Credit Suisse target it will return approximately 38% (excluding dividends, fees and charges). Current consensus price target is $4.58, suggesting upside of 33.6%(ex-dividends)The company's fiscal year ends in June.

    Forecast for FY23:

    Credit Suisse forecasts a full year FY23 dividend of 14.70 cents and EPS of 29.22 cents . At the last closing share price the estimated dividend yield is 4.29%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 11.74. How do these forecasts compare to market consensus projections?

    Current consensus EPS estimate is 27.8, implying annual growth of N/A. Current consensus DPS estimate is 5.9, implying a prospective dividend yield of 1.7%. Current consensus EPS estimate suggests the PER is 12.3.

    Forecast for FY24:

    Credit Suisse forecasts a full year FY24 dividend of 17.90 cents and EPS of 35.46 cents . At the last closing share price the estimated dividend yield is 5.22%. At the last closing share price the stock's estimated Price to Earnings Ratio (PER) is 9.67. How do these forecasts compare to market consensus projections?

    Current consensus EPS estimate is 33.1, implying annual growth of 19.1%. Current consensus DPS estimate is 14.6, implying a prospective dividend yield of 4.3%. Current consensus EPS estimate suggests the PER is 10.4.

    Market Sentiment: 1.0All consensus data are updated until yesterday. FNArena's consensus calculations require a minimum of three sources


 
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Last
$3.04
Change
-0.110(3.49%)
Mkt cap ! $488.6M
Open High Low Value Volume
$3.15 $3.17 $3.04 $4.354M 1.382M

Buyers (Bids)

No. Vol. Price($)
1 996 $3.04
 

Sellers (Offers)

Price($) Vol. No.
$3.16 20000 1
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