Flight Centre (Australia) Today

FLT -  Australia Stock  

AUD 14.90  0.13  0.86%

Flight Centre is trading at 14.90 as of the 26th of July 2021; that is -0.86% down since the beginning of the trading day. The stock's open price was 15.03. Flight Centre has 47 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Flight Centre Travel are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of April 2021 and ending today, the 26th of July 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 47

Flight Centre Stock Profile

Flight Centre Travel Group Limited provides travel retailing services for the leisure, corporate, and wholesale travel sectors in Australia, New Zealand, Europe, the Middle East, Africa, the Americas, Asia, and Internationally. Flight Centre Travel Group Limited was incorporated in 1987 and is headquartered in South Brisbane, Australia. Flight Centre operates under Travel Services classification in Australia and is traded on Australian Securities Exchange. It employs 10615 people. more on Flight Centre
Flight Centre Travel generates negative expected return over the last 90 days
The company reported the revenue of 511.38 M. Net Loss for the year was (917.43 M) with profit before overhead, payroll, taxes, and interest of 300.99 M.
Flight Centre Travel has accumulated about 1.61 B in cash with (517.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.09.
Roughly 25.0% of the company shares are held by company insiders
Legal NameFlight Centre Travel
CEOGraham Turner  (View All)
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Flight Centre's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Flight Centre Travel (FLT) is traded on Australian Securities Exchange in Australia and employs 10,615 people. The company currently falls under 'Mid-Cap' category with current market capitalization of 2.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Flight Centre's market, we take the total number of its shares issued and multiply it by Flight Centre's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Flight Centre Travel operates under Consumer Cyclical sector and is part of Travel Services industry. The entity has 199.32 M outstanding shares. Flight Centre Travel has accumulated about 1.61 B in cash with (517.86 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 8.09.
Check Flight Centre Probability Of Bankruptcy
Ownership
Flight Centre holds a total of one hundred ninety-nine million three hundred twenty thousand outstanding shares. Flight Centre Travel retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Flight Ownership Details

Flight Stock Price Odds Analysis

What are Flight Centre's target price odds to finish over the current price? Based on a normal probability distribution, the odds of Flight Centre jumping above the current price in 90 days from now is about 81.93%. The Flight Centre Travel probability density function shows the probability of Flight Centre stock to fall within a particular range of prices over 90 days. Assuming the 90 days trading horizon Flight Centre has a beta of 0.0864. This usually indicates as returns on the market go up, Flight Centre average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Flight Centre Travel will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. Flight Centre Travel is significantly underperforming DOW.
 Odds Down 14.9HorizonTargetOdds Up 14.9 
17.96%90 days
 14.90 
81.93%
Based on a normal probability distribution, the odds of Flight Centre to move above the current price in 90 days from now is about 81.93 (This Flight Centre Travel probability density function shows the probability of Flight Stock to fall within a particular range of prices over 90 days) .

Flight Centre Historical Income Statement

Flight Centre Travel Income Statement is one of the three primary financial statements used for reporting Flight's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Flight Centre Travel revenue and expense. Flight Centre Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Flight Centre Direct Expenses is fairly stable at the moment as compared to the past year. Flight Centre reported Direct Expenses of 149.33 Million in 2020. Revenues is likely to rise to about 1.9 B in 2021, whereas Net Income is likely to drop (781.5 M) in 2021. View More Fundamentals

Flight Stock Against Markets

Picking the right benchmark for Flight Centre stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Flight Centre stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Flight Centre is critical whether you are bullish or bearish towards Flight Centre Travel at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Flight Centre without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Flight Centre Corporate Directors

Flight Centre corporate directors refer to members of a Flight Centre board of directors. The board of directors generally takes responsibility for the Flight Centre's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Flight Centre's board members must vote for the resolution. The Flight Centre board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
John Eales - Independent Non-Executive DirectorProfile
Robert Baker - Independent Non-Executive DirectorProfile
Colette Garnsey - Non-Executive Independent DirectorProfile
Cassandra Kelly - Non-Executive DirectorProfile
Please check Investing Opportunities. Note that the Flight Centre Travel information on this page should be used as a complementary analysis to other Flight Centre's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.

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When running Flight Centre Travel price analysis, check to measure Flight Centre's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Flight Centre is operating at the current time. Most of Flight Centre's value examination focuses on studying past and present price action to predict the probability of Flight Centre's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Flight Centre's price. Additionally, you may evaluate how the addition of Flight Centre to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Flight Centre's value and its price as these two are different measures arrived at by different means. Investors typically determine Flight Centre value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Flight Centre's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.