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1 Comment
Air New Zealand Limited is currently in a long term downtrend where the price is trading 7.0% below its 200 day moving average.
From a valuation standpoint, the stock is 96.2% cheaper than other stocks from the Industrials sector with a price to sales ratio of 0.6.
Finally, its free cash flow fell by 150.4% to $-134M since the same quarter in the previous year.
Based on the above factors, Air New Zealand Limited gets an overall score of 1/5.
Exchange | F |
---|---|
CurrencyCode | EUR |
Sector | Industrials |
Industry | Airlines |
ISIN | NZAIRE0001S2 |
Market Cap | 1B |
---|---|
PE Ratio | 14.55 |
Target Price | None |
Dividend Yield | 4.6% |
Beta | 0.95 |
Air New Zealand Limited, together with its subsidiaries, provides air passenger and cargo transportation on scheduled airlines services in New Zealand, Australia, the Pacific Islands, Asia, the United Kingdom, Europe, and the Americas. The company offers engineering and maintenance services, including aircraft and component maintenance, repair, and overhaul services; captive insurance services; aviation services; and aircraft leasing and financing services. In addition, it provides business travel services, including Airpoints for Business; Above & Beyond; Air New Zealand Travelcard, a charge card for business travel; Tandem, a travel management services; Partnership Programme and All-of-Government; and emissions reporting platform. As of June 30, 2024, it operated a fleet of 9 Boeing 777-300ER, 14 Boeing 787-9 Dreamliner, 12 Airbus A321neo, 6 Airbus A320neo, 17 Airbus A320ceo, 29 ATR 72-600, and 23 Bombardier Q300 aircrafts. The company was formerly known as Tasman Empire Airways Limited and changed its name to Air New Zealand Limited in April 1965. The company was incorporated in 1940 and is based in Auckland, New Zealand.
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